Junior Financial Analyst

Job Title: Junior Financial Analyst/Accountant

Job Summary:

This role requires experience in analyzing financial statements for clients with a turnover above ₹50 crores. The ideal candidate should possess excellent analytical and communication skills, with strong knowledge in accounting and finance. Responsibilities include conducting credit analysis, developing client relationships, preparing reports, and working with various financial data points, such as trade receivables and payables, financial ratios, and more.

Key Responsibilities:

• Financial and Credit Analysis: Conduct thorough financial and credit analysis to assess client creditworthiness, especially for businesses with turnovers above ₹50 crores.
• Trend and Financial Analysis: Prepare trend analysis and financial reports based on the client's financial performance, including Balance Sheets, P&L, and Cash Flow Statements.
• Trade Receivables and Payables: Analyze and prepare Trade Receivables and Trade Payables Ageing Reports.
• Financial Ratios: Understand and interpret financial ratios to assess business performance and potential risks.
• Credit Reports: Assist in the preparation of credit reports, summarizing key financial findings for review by senior analysts.
• Company Research: Conduct firm or company research to understand their implications on credit risk and ensure data is comprehensive for assessments.
• Client Communication: Collaborate with internal teams and communicate effectively with clients to gather relevant information for financial and credit assessments.
• Documentation & Reporting: Maintain accurate credit files and documentation in compliance with company policies. Prepare consolidated reports and summaries, as well as aging reports on trade receivables and payables.
• Regulatory Knowledge: Apply knowledge of GST, Income Tax TDS, and general accounting principles to your financial analysis.

Key Skills:

• Financial Statement Analysis: Expertise in analyzing Balance Sheets, P&L, and Cash Flow Statements.
• Tally Prime: Hands-on experience using Tally Prime for accounting and reporting.
• Ageing Reports: Ability to analyze and prepare Trade Receivables and Payables Ageing Reports.
• Financial Ratios: Proficient in interpreting and applying financial ratios.
• GST and Income Tax TDS Knowledge: Understanding of basic taxation principles related to GST and TDS.
• Accounting Knowledge: Solid foundation in accounting principles and practices.
• Financial Analysis Tools: Experience with MS Excel and Word for financial analysis and reporting, including financial modeling techniques.
• Communication Skills: Strong verbal and written communication skills in English, Hindi, and Telugu.

Required Qualifications:

• Educational Background: B.Com, M.Com, MBA (Finance), or a related field. CA Intermediate with 3 years of articleship experience is a plus.
• Experience: 2-4 years of experience in an audit firm, working with clients whose turnover exceeds ₹50 crores.
• Analytical Skills: Strong analytical skills with the ability to interpret complex financial data and draw conclusions based on it.
• Software Proficiency: Hands-on experience with Tally Prime Software for accounting and financial data management.
• Communication Skills: Excellent written and verbal communication skills, with the ability to work effectively in teams and handle client communications.

Preferred Qualifications:

• Internship or Experience: Relevant internship or professional experience in credit analysis, financial services, or similar roles.
• Experience: 2+ years of experience in financial analysis or credit analysis, with a solid understanding of financial statements and risk assessment.
• Attention to Detail: High attention to detail with a commitment to accuracy in financial assessments.
• Problem-Solving Skills: Strong problem-solving abilities, especially in high-pressure situations and tight deadlines.
• Work in High-Pressure Environments: Ability to manage competing deadlines and work efficiently in a fast-paced environment.
• CA Semi-Qualified: Semi-qualified CA is a plus.
• Client Exposure: Experience working with clients whose turnover exceeds ₹50 crores is highly preferred.

Other Skills:

• Team Collaboration: Able to work effectively within teams, sharing information and collaborating on various tasks.
• Multilingual: Fluency in English, Hindi, and Telugu to communicate with clients across different regions.
• Deadline Management: Ability to work in a fast-paced environment, manage multiple deadlines, and maintain high-quality work standards.

This Junior Financial Analyst/Accountant role is ideal for candidates who are passionate about finance, enjoy analyzing financial data, and have a solid understanding of accounting practices, taxation, and client-facing responsibilities. If you have experience working with large clients (above ₹50 crores turnover) and possess the relevant skills and qualifications, we'd love to hear from you!

Job Types: Full-time, Permanent

Pay: ₹15,000.00 - ₹30,000.00 per month

Benefits:

• Health insurance
• Life insurance
• Paid sick time
• Paid time off

Work Location: In person