Junior Accountant

EXPERTISE AND ETHICAL PRACTICES Ignify’s professional executives have more than a decade of experience in the field of Lighting, IoT based automation & Lighting Controls who serves customers ethically, with pure dedication to achieve excellence in all operational aspects 

EXTENSIVE OFFERINGS & PERSONALIZATION Ignify offers products from major global manufacturers. Our solutions are solely based on the interests of our clients. Ignify’s solutions can integrate global brands of products, and offer all desired features and user interfaces that can be personalised to the needs of our clients. 

GEOGRAPHICAL COVERAGE  Ignify covers operations across all 5 states and 1 Union Territory in South India with widely spread direct accessibility with its trusted technology partners. 

ROLES & RESPONSIBILITIES

Officer –Finance & Accounts is responsible for facilitating the delivery of Ignify’s goals through-

·      Preparing Budgets: Develop and prepare annual budgets in collaboration with relevant departments, ensuring alignment with organizational goals. Monitor and track budget performance against actuals, providing insights and recommendations for improvements.

·      Processing Invoices: Efficiently process high-volume invoices, ensuring accuracy, proper coding, and timely approvals. Collaborate with internal teams to resolve any discrepancies and ensure adherence to company policies.

·      Handling Accounts Payable and Receivable:  Manage accounts payable and receivable functions, including timely invoicing, payment processing, and reconciliation. Monitor outstanding balances, resolve discrepancies, and maintain positive relationships with vendors and clients.

·      Maintaining Financial Records: Maintain accurate and up-to-date financial records, including ledgers, journals, and supporting documentation. Ensure compliance with accounting standards and regulatory requirements.

·      Preparing Financial Reports: Generate comprehensive financial reports, statements, and summaries. Provide key financial insights to support decision-making processes. Contribute to the monthly and annual financial reporting cycles.

·      Reconcile Bank Statements: Briefing: Reconcile bank statements regularly to ensure accuracy and identify any discrepancies. Investigate and resolve any discrepancies promptly.

·      Complying with Regulations: Stay informed about relevant financial regulations and ensure compliance with accounting standards, tax laws, and other statutory requirements. Implement changes as needed to maintain compliance.

·      Contribute to Financial Audits: Assist in the coordination and execution of financial audits. Provide necessary documentation, liaise with auditors, and address audit findings to ensure a smooth audit process.

·      Preparing Balance Sheets: Prepare accurate and detailed balance sheets, showcasing the financial position of the organization. Ensure that all assets and liabilities are appropriately recorded.

·      Analyze Financial Trends: Conduct in-depth analysis of financial trends, variances, and key performance indicators. Provide insights to support strategic decision-making and financial planning.

·      Conducting Financial Transactions: Execute various financial transactions, including processing payments, recording journal entries, and managing cash transactions. Ensure accuracy and compliance with internal controls.

·      Conducting Internal Audits: Perform internal audits to assess and enhance financial controls. Identify areas for improvement and implement corrective actions to strengthen internal processes.

·      Managing Records and Receipts: Maintain organized and secure records of financial transactions, receipts, and supporting documentation. Facilitate easy retrieval during audits or as needed.

·      Prepare Budget Forecasts: Collaborate with management to prepare budget forecasts, considering market trends and organizational goals. Provide recommendations for budget adjustments as needed.

·      Providing Customer Service to Clients: Respond to client inquiries, provide assistance with account-related matters, and ensure a positive customer service experience. Build and maintain strong client relationships.

·      Review and Implement Financial Policies: Regularly review financial policies and procedures. Implement updates as necessary to enhance efficiency, accuracy, and compliance with industry best practices.

·      Contacting Clients About Transactions and Invoices: Proactively communicate with clients regarding transactions, invoices, and payment-related matters. Address client queries promptly and professionally.

·      Ensure Timely Bank Payments: Oversee and facilitate timely bank payments, ensuring adherence to payment schedules and managing cash flow efficiently.

·      Handling Queries Related to Accounts: Address internal and external queries related to accounts, providing timely and accurate information. Collaborate with relevant stakeholders to resolve issues.

·      Manage All Accounting Transactions: Oversee and manage end-to-end accounting transactions, ensuring accuracy, compliance, and timely recording in the financial system.

·      Preparing Month-End Reports: Compile and prepare comprehensive month-end reports, summarizing financial performance and key metrics. Provide analysis and insights to support management decision-making.

·      Preparing Statements: Prepare financial statements, including income statements, cash flow statements, and other relevant reports. Ensure accuracy and compliance with accounting standards.

·      Processing Payments: Process various payments, including vendor payments, employee reimbursements, and other financial obligations. Verify accuracy and obtain necessary approvals.

·      Resolving Accounts to the General Ledger: Reconcile accounts to the general ledger to ensure accuracy and completeness. Investigate and resolve discrepancies promptly.

This Finance and Accounts Officer role requires a detail-oriented individual with strong analytical skills, a thorough understanding of accounting principles, and the ability to work collaboratively with cross-functional teams.

·      REPORTING

-Prepare weekly reports and discuss the same

-Prioritise monthly and quarterly plans to explore new possibilities.

-Office Timings: 9 AM to 6 PM (Monday to Friday)

                            9 AM to 1 PM (Saturday)

·      SKILLS & IMPROVEMENT

-Educate about the Lighting Science and control procedures.

-Build Customer rapport through support functions

-Market Intelligence

-New Business Development

-Equip/Train and apply various management/accounting tools like SAP Business One, Tally ERP, Zoho One etc., in day-day functions for the betterment of the self and the company.

·      PERSONAL ASPECTS

-Always carry forward professional approach by personal grooming

-Open to challenges to implement company’s growth strategies

-Ambitious approach to succeed in any task assigned

-Open to travel and relocate (if need arises)

-Impart Integrity, truthful & disciplined approach to the management.

-Non-Disclosure of company related information to the outside world.

-Punctuality is the Key

-Openness and flexibility in work related aspects.

-Prove the company and the self to grow to Business Head role.

• It is a Full Time Accountant job for candidates with 6 months - 2 years of experience.

More about this Junior Accountant job

1. What is the eligibility criteria to apply for this Junior Accountant job?
   Ans: The candidate should be Graduate and above and above with 6 months - 2 years of experience of experience
2. How much salary can I expect for this job role?
   Ans: You can expect a salary of ₹15000 - ₹25000 per month that depends on your interview. It's a Full Time job in Bangalore.
3. How many working days are there for this Junior Accountant job?
   Ans: This Junior Accountant job will have 6 working days.
4. Are there any charges applicable while applying or joining this Junior Accountant job?
   Ans: No, there is no fee applicable for applying this Junior Accountant job and during the employment with the company, i.e., Ignify Professional Solutions.
5. Is it a work from home job?
   Ans: No, it’s not a work from home job and can't be done online.
6. How many openings are there for this Junior Accountant role?
   Ans: There is an immediate opening of 1 Junior Accountant at Ignify Professional Solutions
7. Who can apply for this job?
   Ans: Both Male and Female candidates can apply for this Accountant job.
8. What are the timings of this Junior Accountant job?
   Ans: This Junior Accountant job has 09:00 AM - 06:00 PM timing.