Sr Executive | Finance Accounts

Sr. Executive Finance & Accounts - Corporate Services

Position Summary
• Works closely for the assigned/allocated clients to handle their day-to-day accounting responsibilities and support in adherence to all timelines and policies
• To seek information on any account related query or issue from AM/Client
• As per requirements, review work done by the executives.
• Per requirements, train the executives on the finance and accounting related processes/SOPs.
• Ensure that standard operating procedures for the processes are being followed at Executive level
• Operate from the business point of view of clients so that the correct procedure gets followed. Adhere to the policies and metrics

Major Responsibilities

Daily F&A Operations

· Responsible for month end closing for MIS/compliance . Knowledge of prepaid, accruals and closing entries, FAR schedule (inc depreciation calculation) for MIS

· Day to day general ledger entries, book keeping, bills processing for the assigned clients

· Handling day to day accounting for the clients

· Handling daily payments, issue invoices, preparing purchase vouchers, updating bank statements, performing daily bank reconciliations, booking accounts payable and accounts receivable invoices, making vendor, import & custom duty payments

· Receive reviewed salary & payroll data from the AM and upload payments on system for review by the AM

· Following the payment process for clients right from filing and printing, submission to take confirmation from clients, taking approvals and the initiating the payments

· Maintaining accurate and systemized documentation

· Identification of correct profit centres to book expense invoices, handling verification of bills in coordination with the AM level or above

· Adherence to the timelines and bank and accounting policies and procedures

Compliance Related

· Initiating payment of TDS amounts (there are always 2 people involved), Filing of TDS returns every quarter

· Filing & initiating Payment of GST every month

· Initiating statutory payment for PF by 15th of every month

· Initiating payment for PT per state regulations as per requirements

· Prepare & filing of GST returns, TDS & TCS returns.

· Knowledge of calculation of advance Income Tax.

· TCS return filing every quarter

· GST reconciliations with tax credit on its portal Vs books

Cross-Department Support

· Provide support to other departments in case of any information requirement by sharing data to resolve the queries raised

· Prepare Audit query response and share support and then shared with the AM for validation and final review

Data Entry on SAP & Data Analysis

· Making updates of invoices and bills on SAP

· Booking Accounts Receivables (Services related) & Accounts Payable(Services related) on the SAP

· Present data to Assistant Manager & Deputy Manager in a proper manner

· Analyse data entries posted ready for MIS or any other reporting requirements

Review Work & Train the Executives

· As per requirements, reviewing the work done by the executives and sharing inputs to avoid any escalations

· As required train the executives on the overall finance and accounts processes with focus on adherence to the timelines while maintaining quality and accuracy

Essential Competencies

1. Execution Focus:

a. Was able to understand and execute the work with adherence to SOPs & timelines

2. Communication:

a. Demonstrated good verbal & written communication including inter-department and cross-department issues.

3. Ownership:

a. Positive approach & learning attitude with focus on accuracy, high quality deliverables and adherence to the timelines

b. Clear understanding of the F&A processes.

Qualifications & Technical skills

· Bachelor’s Degree in Commerce, MBA or M.COM

· Good knowledge of basic accounts is essential

· Knowledge of preparing and analysing MIS preferred

· Good knowledge of GST, TDS, filing & prepare returns and other Statutory Compliance is a must

· Knowledge of calculation of advance Income Tax.

· Preparation of Audit schedule, financial, statutory returns

· Working knowledge of accounting software's such as SAP, Tally preferred, not mandatory

· Working knowledge of using MS Office – Word, Outlook, Excel preferred. Must have advanced knowledge of excel

Experience

· Minimum 3-5 years of full-time experience preferred

· Experience in performing accounting operations is mandatory

Working Conditions

The employee will be expected to work out of any of M+V Altios locations per job requirements