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Hiring Finance Executive ( MBA Finance 0 to 1 Year Exp)

0.00 to 1.00 Years   Bangalore   22 Sep, 2024
Job LocationBangalore
EducationNot Mentioned
SalaryRs 1.0 - 4.0 Lakh/Yr
IndustryFinancial Services
Functional AreaFinance / Accounts / Tax
EmploymentTypeFull-time

Job Description

    Job Title: Finance Executive (Fresher)Job Summary: As a Finance Executive, you will be responsible for supporting the companys financial operations by managing invoicing, tracking payments, and collaborating with various teams to ensure the accuracy of financial data. Your role will also include coordinating statutory payments, preparing reports, and assisting with Profit & Loss (P&L) analysis. This position offers hands-on exposure to financial processes and reporting, helping you develop practical experience in financial management.Key Responsibilities:
    1. Track Joiners: Update daily, weekly, and monthly records of joiners and ensure tracking of candidates yet to join for each business unit.
    2. Invoicing & Billing: Obtain joining and billing confirmations from clients and raise invoices on time, ensuring that they are shared promptly with clients for smooth payment processing.
    3. Payment Follow-up: Follow up with clients to ensure timely payments, and update payment statuses in the system regularly.
    4. Vendor Invoicing: After receiving client payments, notify vendors to raise invoices and process payments against valid, approved invoices.
    5. GST Compliance: Coordinate with the GST team to ensure accurate GST calculation and timely payment.
    6. Financial Tracking: Regularly update Accounts Receivable (AR), Accounts Payable (AP), and candidate-specific financial trackers to ensure up-to-date and accurate financial records.
    7. Statutory Payments Coordination: Collaborate with the HR team to ensure timely payments of statutory dues, such as Professional Tax (PT), Provident Fund (PF), and Employee State Insurance (ESI).
    8. Profit & Loss (P&L) Reporting: Assist in preparing P&L statements and providing insights into business profitability to aid financial decision-making.
    Qualifications:
    • MBA in Finance or a related discipline.
    • Strong proficiency in Microsoft Excel for financial tracking and reporting.
    • Basic understanding of GST, TDS, and other statutory compliance.
    • Strong analytical and organizational skills with attention to detail.
    • Good communication skills for effective coordination with internal teams, clients, and vendors.
    • Ability to work independently and manage multiple tasks in a fast-paced environment.
    • Eagerness to learn and grow in the finance and accounting domain

Keyskills :
cash flowfinanceinvoicingledgerexpenses

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