An Accounts and Finance Executive manages the day-to-day financial operations, bookkeeping, and statutory compliances of a business. They oversee accounts payable/receivable, reconcile bank statements, assist in financial reporting, and support audits to ensure organizational financial health. [1, 2]
Key Responsibilities
Day-to-Day Accounting: Record daily financial transactions, including sales, purchases, receipts, and journal entries.
Reconciliation: Conduct regular bank and vendor account reconciliations to spot and resolve discrepancies.
Accounts Payable/Receivable: Process vendor payments, track outstanding dues, and follow up on client collections.
Statutory Compliance: Manage tax filings and deductions, including GST, TDS, and PF.
Financial Reporting: Assist in the preparation of monthly/quarterly financial statements like balance sheets and cash flow statements.
Audit Support: Prepare documentation and assist internal and external auditors during inspections. [1, 2, 3, 4, 5, 6]
Essential Qualifications
Education: Bachelor’s degree in Accounting, Finance, or Commerce (B.Com, BBA).
Experience: Typically requires 2–5 years of experience in corporate accounting or finance.
Software Skills: Proficiency in MS Excel and accounting platforms like Tally Prime, SAP, or QuickBooks.
Core Competencies: High attention to detail, strong numerical aptitude, and deep understanding of taxation laws