Accounts and Finance Specialist

Job Summary

We are looking for a detail-oriented and proactive Accounts & Finance Specialist to join our team. This role involves managing key financial processes, including payment follow-ups, inventory accounting, and maintaining accurate financial records. The ideal candidate will collaborate with procurement and logistics teams to ensure smooth stock movement and inventory accuracy while contributing to financial planning and analysis.

Key Responsibilities

• Day-to-Day payment followup and collection
• Stock Inventory Accounting: Handle stock inventory accounting by tracking, valuing, and reconciling inventory records.
• Accurate Stock Records: Monitor and maintain accurate stock records, ensuring timely updates and reporting.
• Collaboration with Teams: Coordinate with procurement and logistics teams to ensure accurate stock movement and inventory accuracy.
• Financial Record Management: Maintain accurate and complete records, including ledgers, invoices, receipts, and balance sheets. This ensures that all financial data is organized and readily accessible.
• Accounts Payable and Receivable: Process invoices and ensure timely payments to vendors while also managing client accounts. This involves communicating with clients regarding account statuses, discrepancies, or overdue payments to maintain healthy cash flow.
• Create revenue forecasts based on sales data.
• Prepare cost forecasts based on purchase records.
• Assist in planning and preparing budgets.
• Manage overhead costs to keep expenses under control.
• Review and analyze the companys financial performance.
• Negotiate prices and costs with vendors.
• Manage credit limits and payments with vendors and stakeholders.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• 4+ years of experience in accounting or finance roles.
• Knowledge on AI tools
• Prior experience of Inventory management would be useful
• Strong communication and interpersonal skills.

Technical skills:

• Proficiency in Microsoft Excel (Vlookup and Pivot Table knowledge is mandatory)
• Tally ERP
• Zoho
• AI tools