Finance Executive

Job Description

Role & responsibilities Financial data management and reporting Proficiency in accounting software (e.g., SAP, ERP) Knowledge of statutory compliance and reconciliations Educational Qualification: B.Com/M.Com or equivalent KRA : as follows 1. Financial Data Management Accurately record and maintain financial transactions in the system. Ensure all accounting entries, such as Sale, purchases, and expenses, are posted in the correct periods. Monitor and reconcile general ledger (GL) accounts 2. Invoice Management and Processing Process vendor invoices accurately and promptly. 3 way matching of invoices and ensuring P2P process Ensure that all invoices are verified for correctness, including amounts, tax, and vendor details. Follow up on pending invoices and ensure timely payment processing. 3. Accounts Payable & Reconciliations Manage the accounts payable process, ensuring timely payments and reconciliation. Work with SAP/TP to ensure accurate tracking and reporting of outstanding balances. 4. Financial Reporting and Analysis Assist in month-end and year-end closing activities by ensuring all accounting entries are accurately recorded in SAP/TP. Provide timely updates and analysis of financial data to management. 5. Tax Compliance and Reporting Ensure that all transactions are compliant with applicable tax laws and regulations such as GST/TDS/MSME etc GSTR/TDS reconciliation with books. 6. SAP System Maintenance and Updates Regularly update SAP system settings and ensure data integrity. Report any system errors or issues to the IT department for troubleshooting and resolution. Stay up-to-date with SAP updates and enhancements to ensure effective use of the system. 7. Internal Controls and Compliance Ensure that all financial transactions and processes comply with company policies and internal controls. Monitor for any discrepancies, fraud, or errors in SAP/TP and report them as necessary. Maintain audit trails and documentation for all transactions processed in SAP/TP. 8. Communication and Collaboration Communicate effectively with internal teams, vendors, and customers regarding payment and invoice queries. Collaborate with other departments (e.g., procurement, sales, and HR) to ensure smooth and efficient financial operations. 9. Continuous Improvement Suggest and implement improvements to financial processes, leveraging SAP to enhance efficiency and accuracy. Participate in training sessions and workshops to improve SAP knowledge and overall accounting skills.