We are seeking a highly skilled and experienced Finance and Accounts Manager with a strong background in accounts receivable, accounts payable, and financial management. As a key member of our finance team, you will be responsible for overseeing and optimizing our financial processes, ensuring accurate and timely financial reporting, and driving the overall financial health of the organization.
- Accounts Receivable Management: Oversee the entire accounts receivable process, including invoicing, collections, and credit control. Work closely with the BD and CS teams to resolve customer payment issues and ensure timely and accurate collection of outstanding receivables.
- Accounts Payable Management: Manage the accounts payable function, ensuring timely processing of payments to vendors and suppliers. Monitor payment terms and negotiate favorable terms with suppliers to optimize cash flow.
- Financial Reporting: Prepare and analyze financial reports, including income statements, balance sheets, cash flow statements, and other financial metrics. Provide insightful analysis and recommendations to senior management for making informed business decisions.
- Budgeting and Forecasting: Collaborate with department heads to create and monitor budgets, as well as develop financial forecasts to guide resource allocation and business planning.
- Compliance and Taxation: Ensure compliance with all financial and accounting regulations, including tax reporting, auditing, and financial disclosures. Work closely with external auditors and tax consultants as necessary.
- Financial Analysis: Conduct thorough financial analysis to identify areas of improvement, cost-saving opportunities, and revenue-enhancing strategies. Present findings to management and make recommendations for operational and financial efficiency.
- Cash Flow Management: Monitor and manage cash flow to ensure adequate liquidity for day-to-day operations and strategic investments.
- Team Leadership: Lead and mentor the finance and accounts team, providing guidance, training, and support to achieve departmental objectives and foster professional growth.
Qualifications and Experience:
- Bachelor's or Master's degree in Finance, Accounting, or a related field.
- Proven experience in accounts receivable and accounts payable management.
- Strong financial reporting and analysis skills.
- Extensive knowledge of financial regulations, accounting principles, and tax laws.
- Excellent proficiency in financial software and ERP systems.
- Prior experience in a managerial or supervisory role.
- Strong leadership and communication skills with the ability to collaborate effectively across departments.
Subodh PopalwarSoftware Engineer, Memorres
About Team Pumpkin
● Role: Accounts Receivable Executive
● Location: Bengaluru
● Compensation: Negotiable based on candidate profile
● Date of Joining: ASAP
We are looking for a skilled Accounts Receivable to provide financial, administrative and
clerical services. Accounts receivable duties include ensuring accuracy and efficiency of
operations, processing and monitoring incoming payments, and securing revenue by verifying
and posting receipts.
📈 Key Responsibilities
● Maintaining the billing system
● Generating invoices and account statements
● Verify and accurately post all payments to the correct invoice/s
● Reconciliation of accounts receivable ledger
● Support the month end process
● Report on Aged Receivables plus other ad hoc reporting where applicable
● Maintaining accounts receivable files and records
● Maintain accounts receivable records to ensure aging is up to date, credits and
collections are applied, uncollectible amounts are accounted for, and miscellaneous
differences are cleared
● Monitor and collect accounts receivable by contacting the respective Client Account
Manager via email.
● Prepare analytical and ratio analysis in relation to A/R for management to gain a better
understanding of how collection efforts are progressing
● Producing monthly financial and management reports
● Investigating and resolving any irregularities or enquiries
● Assisting in general financial management and analysis
● Assist in streamlining and improving the accounts receivable process identifying areas
of performance improvement
● Concise communication over email, phone, and in-person (English and Hindi is must)
● Proficient with Microsoft Excel, Tally
● Accuracy and attention to detail when managing accounting figures and financial
● Understanding of basic accounting principles, fair credit practices and collection
● Appropriate handling of sensitive information
● Ability to build and manage client relationships
● Ability to work autonomously, yet be part of a broader team
● Team player with the ability to communicate and coordinate with multiple parties
● Becoming a part of the early core team
● Competitive salary
● Work with colleagues from strong backgrounds & hungry to succeed
● Opportunity to interact with and learn from high-pedigree investors & mentors -
○ VCs: Elevation Capital (erstwhile SAIF Partners), Matrix Partners
○ Select angel investors: Kunal Shah, Nithin Kamath, Amit Ranjan
The responsibilities would include, but not be limited to, the following:
Financial Reporting: You will be providing timely and accurate financial reporting to management together with strategic insights on the company s financial position.
Accounting Systems and Processes - Understanding requirements, identifying, evaluating and implementing the most suitable accounting system/ tools needed to support the accounting needs of the organization
Implementing best in class accounting practices and Internal Control procedures considering:
- Accounts Payables - Purchase to Procurement Cycle & Policies, SOPs and SLAs
- Accounts Receivables - Billing Processes and Systems to raise timely invoices and perform ageing analysis
- Revenue and Cash Reconciliations and suggesting and implementing SOPs and SLAs
Financial Closure - Ensure timely and accurate monthly closures. Consistent analyzing of financial data and presenting financial reports in an accurate and timely manner; clearly communicate monthly, quarterly, and annual financial statements; monitor progress, changes and keep senior leadership abreast of the financial status;
Audit - Ensure timely year end financial closures – Statutory, Tax and IFC. Handle end to end audit process and ensure timely completion of audits
Compliances and knowledge - Understand the applicability and ensure compliance with all the relevant statutes impacting the company. Keep abreast with all regulations impacting the companies accounting, compliance and reporting requirements as well as those impacting the company’s operations. Understanding of Income Tax, GST, imports and exports, FDI Regulation, Companies Act, and other tax regulations
Automation - Identify and implement processes to automate all routine repetitive tasks.
Assisting leadership in the annual budgeting and planning process; administering and reviewing all financial plans and comparing to actual results with a view to identifying, explaining and correcting variances as appropriate;
Leveraging strengths of the finance team members; providing clarity on the roles and responsibilities; developing and implementing training programmes to maximize and help them reach optimal individual and organizational goals;
Rao & Sasi is One of the Reputed CA firms based out of Guntur.
Roles & Responsibilities:
- Preparation of :
- a) Monthly GST Returns
- b) Quarterly TDS/TCS Returns
- c) Yearly GST 9 & 9C, IT Returns
- d) GST Reconciliations.
- Reconciling all Income Tax & GST returns data.
- Making required Month/Year-End Provisions for accounts Finalization.
- Preparation of Monthly and annual Financial Statements.
- Working on GST Audits, Statutory Audits, Internal Audits, Company Incorporations, Appeals, etc.
- Scrutinize, Maintain, and Finalize Books of Accounts (P&L, BS, CFS, Notes to Accounts & Schedules) as per Schedules of:
- The Companies Act
- Indian Accounting Standards &
- Tax Compliance Laws.
- Ensure Adequate Provisions are maintained for Expenses Management.
- Review Financial Statements and Tax Returns related to Partnership Firms, Companies, and individuals.
- Assisting with any bookkeeping requirements as & when required.
- Preparation of Curriculum, Training Schedules, Assessment Materials, and other training materials required for Regular Internal and External Training of Operational Staff.
1. Preparing Validation & MIS reports, Yield Statements, etc.
2. Ensure Accounts are verified with Source Documents & are audited in Compliance with IT Rules.
3. Assisting the Marketing Team with Writing Blogs, Articles, & Social Media Posts, etc. related to the Latest Changes in the Fields of Accounting/Taxation.
Desired Candidate Profile:
- Qualified CA with at least 1-2 Years of Industry/Practice Experience.
- Must be well-versed with the Latest Revisions and Basic Concepts related to GST, Accounting, Payroll, Income Tax, TDS/TCS, Auditing, etc.
- Must have Command over MS Office, Advanced Excel, ERP, and Accounting software like Tally, Fair Finman, etc.
- Good written communication and interpersonal skills.
- Must have analytical ability and problem-solving skills.
- Ability to develop & implement standardized systems & processes, work with a team & under pressure, flexibility to adopt new challenges/additional work.
1. Responsible for handling Accounts, Taxation and compliance functions.
2. Taking care of monthly book closer and preparation of monthly/quarterly financial
3. Responsible for all Direct and Indirect tax compliances and labor compliances including
returns and coordination with vendors (i.e Taking care of monthly and quarterly compliances
such as GST, TDS,PF, ESI and PT payments and returns)
4. Responsible for the completion of internal and external audits in a given time by coordinating with
5. Preparation of annual financial statements
6. Good knowledge on all the accounting standards.
Our client is a 2 year old D2C company focusing on providing healthy packaged snacks to consumers. The company uses traditional grains and pulses along with exciting flavours that include homegrown ingredients and world's most desired spices. These products are made gluten free and low in cholesterol for people who not only crave for odd-hour snacking but also tasty and wholesome snacks.
- Handling monthly, quarterly and annual closings reports
- Reconciling accounts payable and receivable
- Computing taxes and prepare TDS & GST returns
- Complying with financial policies and regulations
What you need to have:
- Accounting knowledge for a minimum of 1 to 2 years.
- Hands-on experience with accounting software tally software (Experience on Zoho software will be add on)
- Must have: Basic accounting knowledge,TDS & GST,Tally, Excel
- Candidate should reside nearby office.
Generating GST Invoices towards Sales/Client.
Maintaining day-to-day accounts.
Maintain GST payable calculations on basis of invoices cleared.
Maintain physical records of Invoices/Agreements - hard copies.
Reply and coordinate with auditors for queries and year end closure and cross verify auditor data
for GST calculations.
Prepare month end reports like Income / Expenditure Report and Graphic representation.
Responsible for Accounts receivable and payable.
Track bank statements and account for credit and expenses.
Record TDS on payments - maintain TDS file month wise
Also ensuring that Salaries and pay-outs are made on time.
GST Return Filing GSTR.
TDS Return Filing.
WORK EXPERIENCE & OTHER ABILITES REQUIRED:
Having experience in handling finance functions
Communication and interpersonal skills.
The right person would be smart, Proactive and a self-starter.
- Oversee the company's finances, providing leadership and coordination in financial reporting, treasury management accounting, and compliance
- Be a key part of the senior team, working closely with the CEO and senior leadership
- Take responsibility for funding documentation, diligence, and related financial coordination
- Strike alliances with leading banking and financial institutions for financial operations, marketplace operations, and the like
- Work in an entrepreneurial environment (i.e. open office, no separate cubicles, flat travel policies with economy class travel and no five-star stays, a hands-on, do-it-yourself culture, etc) and display a similar entrepreneurial spirit
- Exceptional interpersonal skills and demonstrated leadership abilities
- Entrepreneurial at heart and likes to take ownership
- Excellent analytical skills, motivated, hardworking and self-driven leader
- Should have experience in building and scaling finance teams from scratch
- The leader is expected to be a team player with experience in managing people and projects, a self-starter with a proactive attitude
- The ability to interact with stakeholders internal and external is essential
Specific Prior Experience In
- Financial reporting & statutory compliance:
- Provide daily/weekly/monthly financial and management information reports including budget vs actual
- Responsible for accounting and financial systems, 100% statutory compliance and timely, adequate controls, and accurate bookkeeping
- Ensure legal and licensing compliance with periodic scanning of business models
- Taxation and audits:
- Develop appropriate processes to reduce the tax burden. Monitor compliance with statutory authorities for taxation
- Liaise with external auditors to ensure timely and smooth closure of financials. Smoothly complete statutory and internal audits
In your role you will:
- Be an active member of the GSS Fi management team in Global Centre Pune driving strategic and people orientated change programs.
- Manage a team of professionals delivering/processing the full cycle of cash allocation, cash management, accounts receivable and master data management
- Oversee and steer the day to day operation and delegate responsibilities across your team such that key performance indicators are consistently delivered.
- Build, coach and develop your team.
- Ensure that stakeholder requests are handled with professionalism and positive service attitude while ensuring that delivery is according to defined SLA.
- Establish and maintain close and professional partnerships with internal stakeholders.
- Streamline internal processes to ensure the most efficient operational standards.
- Review and manage exception reports, KPIs, and other key indicators of performance/output.
- Multinational company experience in a shared service organisation (preferably in businesses like ours)
- Strong communication skills, both written and oral
- Several years experience in managing Credit collections teams to drive performance. Must be organised and goal oriented.
- Solid knowledge in double entry book keeping (you don’t have to be a qualified accountant)
- Experience in creating and presenting cash flow forecasts to Regions and Group Treasury.
- Drive high quality Balance sheet reconciliations (Accounts receivable and Bank account)
- Experience in arranging payments (daily cash mobilisation) in the Regions that are being supported, which means multi-currencies. This will also mean Legal Entity (LE) deposit maintenance and tracking.
- Credit Card payment processing and reconciliation
- Given we use Oracle, driving more automation to improve efficiency would be a good thing.
- Obtain and maintain a thorough understanding of the financial reporting and general ledger structure.
- Ensure an accurate and timely monthly, quarterly and year end close.
- Ensure the timely reporting of all monthly financial information.
- Assist in the daily banking requirements.
- Ensure the accurate and timely processing of pay transactions.
- Ensure the monthly and quarterly Statutory Compliance activities are performed in a timely and accurate manner.
- Supports budget and forecasting activities.
- Monitors and analyzes department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy.
- Responds to inquiries from the CEO & COO
- To ensure a clean and timely year end audit.
- To ensure all financial reporting deadlines are met.
- Assist in development and implementation of new procedures and features to enhance the workflow of the department.
- Highlight the issues immediately to the CEO & COO
Experience & Skills:
- 4-5 years of experience having thorough knowledge of Audit, Finalization of Accounts, Balance sheet, PL Account
- Proven work experience as a GST.
- Wellverse with Tally, ERP.
- Computer literacy (MS Excel, Word etc.) Familiar with accounting software packages. Experience in IDS preferred.
- Excellent communication skills in English.