Finance Executive

Position Finance Executive

Responsibilities:

• Processing monthly payroll accurately and on time
• Reconciling employee salary, ESI and PF details with the EPFO.
• Managing accounts payable and receivable.
• Recording and maintaining general ledger entries.
• Filing GST and TDS returns in compliance with regulations.
• Tracking cash flow and assisting with basic forecasting.
• Following established accounting principles, policies, and procedures.
• Assisting in audit coordination and documentation during annual audits.
• Ensuring all accounting activities align with Generally Accepted Accounting Principles.
• Supporting the timely preparation and review of financial reports
• Assisting with month-end closing activities and preparing financial statements (Balance Sheet, P&L, Funds Flow)
• Ensuring compliance with applicable tax laws (GST, TDS, VAT, etc.)
• Verifying vendor invoices against purchase orders and delivery receipts and ensuring accurate and timely processing of payments.
• Managing internal vendor portal for creating purchase contracts and generating invoices.
• Deducting TDS for vendor payments and ensuring withholding tax compliance.
• Entering vendor bills in NetSuite with correct GL codes and department tags.
• Timely generating client invoices based on project hours or deliverables.
• Ensuring accurate mapping of billable tasks, resources, and expenses in NetSuite ERP.
• Performing bank reconciliations by matching bank transactions with NetSuite records
• Conducting vendor and client account reconciliations to ensure accurate alignment of bills, payments, and resolution of discrepancies.
• Overseeing employee and project time entries in NetSuite or integrated systems.
• Preparing monthly financial reports, including billing, payments, and unbilled WIP (Work in Progress).
• Coordinate with external parties for regular audits and other local compliances.

Qualifications:

• Education: B. Com, M. Com, MBA (Finance), or semi-qualified CA.
• 3 to 4 years of relevant experience in finance or accounting.
• Knowledge of GAAP and financial compliance standards.
• Experience with GST, TDS, and tax return filing.
• Familiarity with financial statements (Balance Sheet, P&L, GST reports, etc.).
• Proficient in accounting software like SAP, Tally, or Oracle NetSuite.
• Strong skills in MS Excel (e.g., VLOOKUP, pivot tables).
• Sound understanding of general ledger and accounting operations.
• Attention to detail with strong analytical and organizational skills
• Good written and verbal communication skills