Role & responsibilities 1. Financial Reporting and Analysis Prepare and review monthly, quarterly, and annual financial statements (balance sheets, income statements, cash flow statements) in accordance with accounting principles and regulatory standards. Analyze financial data to identify trends, variances, and discrepancies, providing insights to management. Prepare internal management reports, financial summaries, and forecasts to support business decisions. 2. General Ledger Management Oversee and manage the general ledger, ensuring all transactions are recorded accurately. Perform month-end and year-end closing procedures, ensuring that all entries are posted and reconciled on time. Ensure that accounts are correctly classified and that transactions comply with company policies and accounting standards. 3. Handle Petty Cash and Bank Transfers Act as the custodian of petty cash, ensuring secure handling and efficient utilization in line with organizational needs. Ensure all petty cash disbursements and payments comply with the companys Standard Operating Procedures (SOPs). Execute bank transfers and vendor payments accurately and timely, adhering to agreed payment terms and internal controls. 4. Reconciliation Reconcile bank statements, accounts payable, accounts receivable, and intercompany transactions. Investigate discrepancies and resolve issues that arise during the reconciliation process. Manage and ensure proper accounting for fixed assets, prepaid expenses, and accruals. 5. Order-to-Cash (O2C) Invoice Processing & Billing Generate and review customer invoices for accuracy, completeness and compliance with contract terms. Coordinate with Sales/Commercial teams to resolve pricing or delivery discrepancies before billing. Credit Management Perform credit checks on new customers and set appropriate credit limits. Monitor customer credit exposure and escalate high-risk accounts. Collections & Cash Application Oversee accounts receivable aging; drive collections to minimize DSO. Allocate incoming payments to open invoices; investigate and clear unapplied items. Dispute & Deductions Management Liaise with operations and customer service to resolve billing disputes. Analyze deduction trends and implement process improvements to reduce recurring issues. Reporting & Analysis Prepare O2C performance metrics (DSO, collection effectiveness, bad debt provision). Provide month-end reconciliations of AR sub-ledger to the general ledger. 6. Procure-to-Pay (P2P) Purchase Order & Invoice Matching Ensure three-way match (PO, GRN, Invoice) for all supplier invoices. Flag and resolve mismatches or variances with Procurement or Receiving teams. Vendor Master Data & Onboarding Maintain and periodically review vendor master data for accuracy. Coordinate KYC & compliance checks for new suppliers. Payment Processing Prepare payment runs (domestic and cross-border) in accordance with cash-flow forecasts and payment terms. Ensure appropriate approvals and authorizations are obtained before payments. Expense & Reimbursement Control Review and process employee expense claims, ensuring policy compliance. Investigate unusual or high-value claims and escalate as needed. P2P Reporting Track key metrics (AP days, invoice exception rate, payment discounts captured). Assist in monthly close by reconciling AP sub-ledger to the general ledger. 7. Fixed Assets Tracking Asset Register Management Maintain a complete, accurate fixed asset register: capital expenditures, additions, disposals, transfers. Verify capitalization thresholds and accounting treatment in line with company policy and IFRS/TFRS. Depreciation & Amortization Calculate and post monthly depreciation entries; review estimates for useful life and residual values. Reconcile accumulated depreciation to fixed asset sub-ledger. Disposals & Impairment Coordinate disposal processes, ensure proper authorization, calculate gains/losses, and update registers. Monitor and assess assets for impairment indicators and propose write-downs as necessary. Policy & Compliance Update and enforce fixed asset policies (capitalization, depreciation, tagging). Prepare disclosures for statutory reporting and audit. 8. Physical Stock Counts & Inventory Control Cycle & Annual Counts Develop and execute cycle-count schedules and annual physical inventory plans. Coordinate count teams, issue count instructions, and ensure segregation of duties. Reconciliation & Adjustments Reconcile counted quantities to the inventory sub-ledger; investigate and document variances. Post adjustment entries and analyze root causes (e.g., theft, spoilage, data entry errors). Reporting & KPI Monitoring Present variance analyses and recommend corrective actions 9. Tax Compliance and Reporting Prepare and file accurate tax returns (GST, TDS, Income Tax, PF, ESIC, etc.) in compliance with local regulations. Ensure timely tax payments and resolve tax-related issues or audits. Assist in tax planning and strategy to minimize tax liabilities. 10. Audit and Internal Controls Support both internal and external audits by providing necessary documentation and explanations for financial records. Maintain and monitor internal controls to ensure proper financial reporting and compliance with regulatory requirements. Identify opportunities to improve processes and ensure the integrity of financial data. 11. Cost Management and Budgeting Assist in the preparation of annual budgets and forecasts, ensuring that they align with business goals and strategies. Track and report on variances from the budget, analyzing cost trends and suggesting cost-saving measures. Provide cost analysis to improve profitability and financial performance. 12. Financial Systems and Software Management Oversee the use of accounting software and systems to ensure that they are properly configured and functioning. Collaborate with IT or systems teams to implement new tools, improve existing systems, and enhance efficiency. Keep up to date with technological advancements in accounting software. 13. Cash Flow Management Monitor and manage the companys cash flow to ensure sufficient liquidity for operations. Prepare cash flow projections and advise management on financial strategies to maintain healthy cash flow. 14. Compliance and Regulatory Adherence Ensure compliance with all relevant accounting standards, laws, and regulations (e.g., IND AS ,GAAP, IFRS, tax laws). Keep updated on changes in accounting regulations and industry trends. 15. Other Duties Collaborate with other departments (e.g., HR, legal, operations) to ensure proper financial coordination and reporting Preferred candidate profile Minimum 5 6 years of experience in accounting or finance roles. Proficiency in accounting software - Zoho Books, QuickBooks, SAP & Oracle (added advantage). Exposure to ERP systems and payroll accounting Strong knowledge of MS Excel and financial reporting tools. Good understanding of tax regulations, statutory compliance, and audit processes Strong English communication both writing and speaking is must, local language is advantage. Preferably someone with MNC experience