Accounts Payable and Receivable: Processing invoices, managing payments, and following up on outstanding receivables.
General Ledger Maintenance: Assisting with journal entries and ensuring accurate financial records.
Bank Reconciliations: Reconciling bank statements to maintain accurate cash flow records.
Financial Reporting: Preparing financial statements and reports for internal and external stakeholders.
Budgeting and Forecasting: Supporting the development of budgets and financial forecasts.
Compliance and Auditing: Ensuring adherence to financial regulations and assisting in audit processes.
For instance, Bajaj Finance offers a Finance Trainee position where the trainee supports the finance team in tasks like processing invoices, managing accounts receivable, assisting with general ledger entries, and reconciling bank statements.