Finance Executive

Key Responsibilities:

Bank Liaison:

Manage banking transactions, facilitate fund transfers, and resolve discrepancies with banks promptly.

Oversee cash flow management, ensuring timely transactions and optimal banking solutions for the business.

Maintain effective communication with banking representatives to address any account or transaction issues.

Reconciliation:

Investigate and resolve discrepancies between bank records and internal accounting data.

Reconcile general ledger accounts to ensure accurate financial reporting and ensure alignment with EXCs overall financial goals.

Invoicing:

Work closely with the accounts receivable team to ensure accurate and timely collection of payments.

Review and monitor aging accounts receivable, following up with clients to ensure payment deadlines are met.

Payable Accounts (AP):

Monitor AP aging and ensure that payments are made in accordance with contract terms to maintain good relationships with suppliers.

Assist with month-end closing procedures related to AP and ensure accurate AP balances are reflected in financial reports.

Budgeting:

Monitor actual expenditures against the budget, reporting any variances to senior management.

Provide insights and recommendations for cost-saving and budget optimization.

Compliance & Reporting:

Assist with tax filing and preparation of Income Tax Returns (ITR), ensuring accuracy and compliance with local regulations.

Support internal and external audits by providing necessary documentation and ensuring compliance with established financial practices.

Financial Analysis & Reporting:

Conduct financial analysis to support decision-making processes and help optimize financial strategies.

Provide regular updates on the company's financial position and any significant trends or changes.

Fund Management (Preferable):

Assist in fund allocation and ensure effective use of resources.

Provide recommendations on optimal fund management strategies based on business needs.

Qualifications:

Education:

Experience:

Software Proficiency:

Experience with Tally and QuickBooks.

Technical Skills: financial reconciliation techniques.

Communication:

Analytical Skills:

Attention to Detail:

Problem-Solving:

Preferred Skills:

Certified Public Accountant (CPA) or similar certification is a plus.

Experience in a managed services or outsourcing environment is a plus.

Familiarity with international banking and cross-border transactions