Accounts Executive

The Accounts Executive will be responsible for managing day-to-day accounting operations, financial record-keeping, and ensuring compliance with accounting standards. This role will involve working closely with the finance team, using QuickBooks for bookkeeping, financial reporting, and ensuring accuracy in all transactions.

Role & responsibilities

1. General Accounting:

• Maintain and record daily financial transactions, including accounts payable, accounts receivable, and general ledger entries.
• Ensure accurate and timely postings in QuickBooks.
• Assist in the preparation of financial statements (Profit & Loss, Balance Sheet, etc.).

2. Bookkeeping and Reconciliation

• Perform bank reconciliations and reconciliation of general ledger accounts.
• Ensure proper categorization of expenses and income in QuickBooks.

3. Financial Reporting

• Prepare periodic financial reports for management, including income statements, balance sheets, and cash flow statements.
• Assist with the preparation of monthly, quarterly, and annual financial statements.

4. Accounts Payable and Receivable

• Manage vendor payments, and ensure timely processing of invoices.
• Generate and issue customer invoices and manage collections.
• Monitor outstanding receivables and follow up on payments.

5. Tax Compliance

• Assist in the preparation and filing of GST, TDS, and other statutory returns.
• Ensure compliance with local tax regulations and liaise with auditors as necessary.

6. Budgeting and Forecasting

• Assist in the preparation of budgets and financial forecasts.
• Monitor budget variances and report to management.

7. Audit Support

• Assist in internal and external audits by preparing relevant documentation and providing necessary financial data.
• Ensure compliance with accounting standards and internal control procedures.

8. QuickBooks Expertise

• Maintain proficiency in QuickBooks operations, including creating reports, customizing workflows, and maintaining data accuracy.
• Provide support in troubleshooting any QuickBooks-related issues.

9. Process Improvement

• Suggest and implement process improvements to streamline accounting workflows.
• Stay updated on new accounting software features and industry best practices.

Desired Profile:

• Education

  : M.Com or B.Com from a recognized institute

• Experience

  : 1 to 3 years of experience in accounting, preferably with experience in QuickBooks.

• Software Skills

  : Proficiency in QuickBooks and Microsoft Excel.

• Technical Knowledge

  : Knowledge of accounting principles, standards (GAAP or IFRS), and tax laws.
• Experience in accounting practices in USA

Desired Skills:

• Strong analytical and problem-solving skills.
• High attention to detail and accuracy in financial reporting.
• Effective communication and interpersonal skills.
• Ability to work independently and in a team environment.
• Ability to handle multiple tasks and meet deadlines.