Accounts Executive

Position Overview:

The Accounts Executive at Neovation will manage end-to-end accounting operations, ensuring accuracy, compliance, and efficiency in financial processes across national and international domains. 

The ideal candidate should have a comprehensive understanding of international payments and international banking processes.  

Roles and Responsibilities:

Accounting Operations & Transaction Management:

- Manage all national and international accounting transactions with precision and timeliness. 

- Oversee the opening and closing of accounts and ensure timely reconciliation of financial statements. 

- Verify, allocate, post, and reconcile transactions across multiple accounts. 

- Ensure accurate, timely, and relevant financial reporting and analysis. 

International Banking & Payments Management:

- Manage international vendor payments and foreign currency remittances in compliance with regulations. 

- Coordinate with banks to ensure timely execution of cross-border transactions and forex deals. 

- Monitor exchange rates and optimize foreign currency conversions to minimize financial risk. 

- Maintain accurate records of international payments, SWIFT copies, and supporting documentation. 

- Reconcile foreign bank accounts and ensure accuracy in ledger postings and forex gains/losses. 

Compliance & Regulatory Alignment:

- Maintain compliance with Indian and international financial regulations and tax laws (including Singapore, UK, UAE, etc.). 

- Support company-wide adherence to financial policies, internal controls, and audit requirements. 

- Act as the point of contact for accounting-related audits, queries, and inspections. 

Process Improvement & Internal Controls:

- Develop, implement, and document accounting policies and business processes to strengthen internal controls. 

- Recommend improvements to accounting systems and procedures in line with best practices and evolving regulatory standards. 

- Assist in the implementation and optimization of accounting software (e.g., Tally, ERP systems). 

Cross-functional & International Collaboration: 

- Support internal departments by managing invoicing and payment processes with corporate partners. 

- Coordinate communication for all accounting processes, including international payments and reconciliations. 

- Manage currency exchange calculations and conversions with awareness of international forex standards. 

Financial Documentation & Payroll:

- Prepare accurate balance sheets, invoices, and other financial statements as needed. 

- Manage payroll processing and ensure statutory compliance with company taxation and PF guidelines. 

- Assist with GST filing and related tax obligations, where applicable. 

Required Skills, Knowledge, and Attitudes:

Core Skills:

- Strong analytical and problem-solving skills with a keen attention to detail. 

- Intermediate or advanced Proficiency in Microsoft Excel and other Microsoft Office tools. 

- Expertise in using accounting platforms such as Tally and ERP software. 

- Advanced knowledge of financial documentation, reporting, and payroll management. 

Knowledge:

- Master’s degree in Accounting, Finance, or a related discipline. 

- 5 to 8 years of accounting and finance experience in a corporate environment. 

- Sound understanding of domestic and international taxation policies and currency exchange principles. 

- Experience in handling all statutory tax requirements (PF, PT, ESIC etc.). 

- Beneficial to have GST filing experience.

Attitude and Behaviour:

- Positive and proactive attitude with a willingness to learn and grow. 

- Ability to work independently while supporting cross-functional teams. 

- Strong written and verbal communication skills in professional English. 

- Commitment to accuracy, confidentiality, and ethical financial practices. 

Career Growth and Development:

Neovation Consultancy Services is committed to professional development and career progression. The Accounts Executive role offers: 

- Opportunities to lead finance operations across multiple geographies. 

- Exposure to international financial regulations and cross-border financial practices. 

- A pathway to leadership roles such as Accounts Manager based on performance, initiative, and contribution to organizational goals.