Junior Executive - FA
GMR Power Urban Infra · Hyderabad · onsite · Posted 57d ago
Undisclosed1–3 yrsfulltimeSourced from
About a minute. You'll make an account on the way through.
About this role
JOB PURPOSE
The Junior Executive- Finance Assurance is responsible for data extraction, updating, and preparation for Balance Sheet GL review and reconciliation. It involves maintaining accuracy and compliance in financial operations within a Shared Service Centre environment.
ORGANISATION CHART
Head Finance Assurance --> Manager Finance Assurance --> Team Member Assurance
KEY ACCOUNTABILITIES
Responsibilities
Key Performance Indicators (KPIs)
Accounting & Financials
- Maintain timely and accurate reconciliation & updation of accounts monthly/Quarterly in the respective formats.
- Extraction and preparation of monthly financial reports such as GRIR, GL clearing, travel advances, zero-line items, and vendor balances.
- Compilation and review of quarterly/monthly financial activities within set timelines.
- Timeliness & Accuracy of Financial Closures
- Efficiency in Financial Reconciliations
Reconciliations & Review
- Preparation and reconciliation of asset balances, cash deposit (CD - Insurance), and vendor PO details.
- Identification and resolution of discrepancies in bank reconciliations (BRS), employee advances/loans, deposits paid/received, prepaid expenses, and provisions.
- Review and reconciliation of statutory payments, including TDS, PF, PT, ESI, GST returns, and TDS receivables/refunds.
- Conduct regular GL reviews to identify and resolve discrepancies.
- Perform reconciliation tracking and status reporting.
- Average TAT for discrepancy resolution and number of unresolved discrepancies beyond SLA
Data Management & Automation
- Extract and maintain data for open and closed line items using Power Pivot and Power Query on a monthly/fortnightly basis.
- Execute Macros A & B to automate folder creation, file name updates, and period changes in GL reconciliation sheets.
- Retrieve financial data from SAP, including trial balance, vendor and customer records, GL line items, asset registers, and inventory registers.
- Develop pivot reports for vendor and customer ageing, classification, and reconciliation.
- Data Accuracy & Timeliness
Operational Support & Coordination
- Participating in daily meetings with internal teams and maintaining minutes of meetings.
- Assisting superiors with ad-hoc assignments and financial assurance tasks.
- Maintaining compliance with internal controls, documentation standards, and audit requirements.
- Task Execution Efficiency
KEY ACCOUNTABILITIES - Additional Details
EXTERNAL INTERACTIONS
- NA
INTERNAL INTERACTIONS
- SSC cross functional and business teams
FINANCIAL DIMENSIONS
- NA
OTHER DIMENSIONS
- Approx. 50 entities managed
EDUCATION QUALIFICATIONS
- Bachelor s degree in commerce
- CA /CMA Inter (at least one group completed) or MBA
RELEVANT EXPERIENCE
- 0 to 2 years of experience in finance and accounts department (1 to 3 Years for Jr Executive)
COMPETENCIES
- Execution & Results
- Teamwork & Interpersonal influence
- Problem Solving & Analytical Thinking
- Planning & Decision Making
- Personal Effectiveness
- Stakeholder Focus
- Networking
- Capability Building
- Strategic Orientation
- Social Awareness
- Entrepreneurship
- Transactional Financial Reporting (Practitioner)
- Compliance and Risk Management (Practitioner)
- Financial Governance (Practitioner)
- Transactional Financial Analysis (Practitioner)
Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.
Sourced from naukri
Skills
data extractionAutomationCompilationfinancial dataCapability BuildingclassificationCma InterData ManagementFAfinancial analysisAccountingcompliancefinanceFinance And AccountsCMABalance SheetEntrepreneurship