Staff Accountant

Key Responsibilities

• Invoice Processing
• Receive, review, and process invoices in accordance with company agreements and purchase orders.
• Match purchase orders, invoices, and delivery notes; promptly address any discrepancies with internal teams.
• Process employee reimbursements while ensuring compliance with company policies.
• Proficient in handling financial processes in a multi-currency environment, with experience in foreign exchange transactions, currency revaluations, and compliance with international accounting standards.
• Payment Processing
• Prepare payment schedules, including employee reimbursements.
• Record transactions in journals, ledgers, and other financial systems accurately and timely.
• Account Reconciliation
• Reconcile accounts payable transactions regularly.
• Monitor account balances to ensure timely and accurate payments.
• Investigate and resolve invoice discrepancies and related issues.
• Vendor Management
• Maintain updated vendor records and contact details.
• Communicate with vendors regarding payment status and inquiries.
• Assist in reconciling vendor statements and resolving outstanding issues.
• Financial Reporting
• Support month-end closing activities including prepaid amortization, fixed asset depreciation, accruals, and variance analysis.
• Prepare and analyze accounts payable aging reports.
• Accrue expenses as needed and assist with year-end closing procedures.
• Contribute to the preparation of financial statements and audit documentation.
• Compliance and Controls
• Ensure adherence to company policies, procedures, and statutory requirements (e.g., TDS, TCS, GST, MSME).
• Maintain accurate and complete financial records.
• Uphold internal controls throughout the accounts payable process.
• Develop and maintain detailed SOPs for accounting, reporting, reconciliation, and payouts.
• Continuous Improvement
• Identify and implement opportunities for process optimization.
• Stay informed about industry best practices and evolving regulatory requirements.
• Fixed Assets accounting
• Accurately maintain the fixed asset register by recording acquisitions, disposals, transfers, and adjustments related to Property, Plant, and Equipment (PPE). Ensure timely updates to reflect the status of all assets.
• Assist in the capitalization of assets by verifying eligibility and supporting documentation. Record depreciation in accordance with applicable accounting standards and reconcile fixed asset accounts to ensure accuracy and completeness
• Ensure all PPE-related transactions comply with relevant accounting standards (IFRS, US GAAP) and internal company policies. Maintain proper documentation and support audit requirements through accurate and transparent reporting.
  

Qualifications

Education:

• Chartered Accountant (CA) or CA Inter with at least 3 years of experience in Accounting, Finance, Business Administration, or a related field.
  

Skills:

• Proficiency in accounting software (Oracle NetSuite preferred).
• Strong understanding of accounts payable processes and principles.
• Sound knowledge about IFRS standards.
• Advanced Excel and financial analysis skills.
• Excellent organizational and time management abilities.
• High attention to detail and accuracy.
• Strong verbal and written communication skills for effective interaction with internal and external stakeholders.
• Ability to work collaboratively across departments and manage multiple priorities.