Accounts Finance Executive

Responsibilities:

Purchase Accounting:

• Record and reconcile purchase transactions in the financial system accurately and promptly.
• Maintain and update purchase registers ledgers and other relevant documentation.
• Collaborate with the procurement team to ensure proper recording of purchase orders invoices and receipts.
• Verify and process vendor payments in accordance with established procedures.

Payments and Reporting:

• Payment to vendors based on approved expenses.
• Make sure the required tax (TDS TCS or GST under RCM) is deducted or paid.
• Reporting and maintaining the daily payments.

Banking Operations:

• Manage daytoday banking activities including cash management fund transfers and reconciliations.
• Coordinate with banks for opening and closing accounts obtaining bank statements and resolving any bankingrelated issues.
• Monitor and ensure compliance with banking regulations and internal control procedures.
• Prepare and submit the necessary documentation for banking transactions.
• Payment of funds via NetBanking Cheque DD or HDFC Enet Banking.

Financial Compliance:

• Ensure adherence to accounting principles tax regulations and relevant laws governing purchase and banking activities.
• Assist in internal and external audits providing necessary documentation and explanations.
• Stay updated on changes in accounting and banking regulations communicating relevant updates to the team.
• Calculation and Payment of ESI EPF or any statutory tax applicable to employees.

Qualifications:

• Bachelors degree in Accounting Finance or a related field.
• Minimum 2 years of experience in accounting and finance roles preferably in purchase accounting and banking.
• Sound knowledge of Indian accounting standards tax regulations and banking procedures.
• Proficiency in using accounting software Tally Quickbooks or Zoho and MS Excel for data analysis and reporting.
• Strong analytical and problemsolving skills with a keen eye for detail.
• Excellent communication and interpersonal skills to collaborate effectively with internal stakeholders vendors and banks.
• Ability to prioritize tasks manage multiple deadlines and work independently.