Accounts and Finance Officer

About the job

Overview

The Accounts and Finance Officer plays a critical role in ensuring the financial health and integrity of the organization. This position is responsible for managing the accounting functions and providing accurate financial reporting to inform decision-making. The officer collaborates with other departments to ensure adherence to budgets, compliance with financial regulations, and efficient use of resources. In addition to maintaining financial records, the officer also analyzes financial data, develops forecasts, and aids in strategic planning. Maintaining transparency within the organization is key, as this role involves regular communication of financial status to stakeholders. The Accounts and Finance Officer must possess a thorough understanding of accounting principles and a commitment to ethical financial practices to support the organization's goals and enhance its fiscal sustainability.

Key Responsibilities

• Preparing financial documents accurately and within expected time periods such as invoices, bills, and accounts payable and receivable
• Record daily transactions in accounting system
• Manage and oversee the daily operations of the accounting department
• Costing of goods from time to time to ensure sustainable profitability
• Physical verification of stock and reconciliation on pre-determined intervals
• Verifying bank deposits, balances in account books and rectifying discrepancies
• Performing timely reconciliations of accounts 
• Preparing VAT return and processing invoices
• Check sales and purchase prices and report if any discrepancies
• Prepare customer and vendor reconciliation statements
• Analyze customer and vendor aging and receive balance confirmation 
• Timely entry in VAT register
• Coordinate with bank for documents submissions and other necessary tasks
• Open LC/TT as per need and record same in accounting software
• Sorting financial documents and posting them to the proper accounts
• Others as directed by Seniors

Required Qualifications

• Bachelor’s Degree in Business Administration or related field
• Must have a minimum of 1 year experience in the relevant field
• Proficiency and excellent skills with Microsoft Office
• Proficiency with Tally Software
• Strong Bookkeeping Skills
• Strong Written and Oral Communication Skills for Reporting

Note: Must have 2-wheeler and a valid license

Skills: financial analysis, communication skills, team collaboration, budget management, problem solving, oral communication, accounting software, tally software, bookkeeping, time management, regulatory compliance, accounting principles, microsoft office, written communication