Accounts and Finance Associate

Job Description

Role: Accounts and Finance Associate Location: Kanjurmarg, Mumbai Who are we? The Quarry is a luxury home décor brand. In just nine years, the brand is celebrated for revolutionizing the marble industry in India. And recognized as the brand to be associated with by the world's best marble quarries across continents. The Quarry is the first-of-its-kind indigenous luxury brand with more than 55% of India’s Fortune 500 families as clients currently, among other HNI and UHNI clientele. To know more about us, visit www.quarry.asia and https://www.instagram.com/thequarrygallery/ We are a lean team of high performing go-getters who take ownership of their roles in the organization Debates and discussions are an important part of our culture, and we encourage people to bring unique perspectives to the conversations. Most importantly, we love solving problems. If you think you’re cut out from a similar cloth, we’d encourage you to apply for this role. Key Responsibilities: 1. Accounts Receivable: Monitor and manage customer accounts, ensuring timely collection of payments. o Process domestic and international payments, including wire transfers and electronic fund transfers. Ensure compliance with all regulatory requirements related to foreign remittance. Monitor foreign exchange rates and manage currency conversions as needed. Prepare and send invoices to clients, follow up on outstanding balances, and resolve any billing issues. Reconcile customer accounts and maintain accurate records of all receivable’s transactions. 2. Accounts Payable: Process vendor invoices and ensure accurate and timely payments. Maintain vendor relationships, negotiate payment terms, and handle any discrepancies. Reconcile accounts payable transactions and manage the AP ledger. 3. Taxation : Assist in preparing tax returns and ensure compliance with local, state, and federal tax regulations. Handle tax-related queries and assist with audits when necessary. Stay updated on changes in tax laws and regulations and advise management on their impact. 4. Domestic and Foreign Remittance: Process domestic and international payments, including wire transfers and electronic fund transfers. Ensure compliance with all regulatory requirements related to foreign remittance. Monitor foreign exchange rates and manage currency conversions as needed. 5. Reporting and Documentation: Prepare financial reports and assist with month-end and year-end closing processes. Maintain accurate records of all financial transactions and prepare documentation for audits. Generate and analyse financial statements, including income statements, balance sheets, and cash flow statements. Qualifications : Bachelor’s degree in accounting and finance 8 - 10 years of experience in accounting, with a focus on accounts receivable, accounts payable, and taxation. Strong knowledge of domestic and foreign remittance processes. Proficiency in MS Excel. Excellent analytical and problem-solving skills. Attention to detail and accuracy in financial reporting. Knowledge of relevant laws and regulations related to taxation and remittance. Job Type: Full-time Pay: ₹400,000.00 - ₹500,000.00 per year Benefits: Health insurance Provident Fund Schedule: Day shift Application Question(s): Please share your total years of experience: Are you ready to work 6 days a week from Kanjurmarg, Mumbai location? How soon can you join us (in days)? Help us with your current CTC. Help us with your Expected CTC. Work Location: In person