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T & A HR Solutions provides best opportunities in various diversified segments and sectors such as IT & Information Techno…
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Read More »Designation – Accountant
Location – Panchkula
Qualification – Graduation
Experience – 3 – 5 years
Salary – Depends on experience
Job description
The Accounts Executive is responsible for overseeing and managing financial records, preparing financial reports, and ensuring accurate and timely financial transactions for the organization. This role involves working closely with the finance team, handling various accounting tasks, and supervising junior accounting staff. The Accounts Executive/Supervisor reports to the Finance Manager or Chief Financial Officer and plays a key role in maintaining the financial health of the company.
Responsibilities:
Financial Record Keeping:
· Maintain accurate and up-to-date financial records using accounting software.
Record financial transactions, including purchases, sales, receipts, and payments.
Reconcile financial discrepancies by collecting and analyzing account information.
Financial Reporting:
· Prepare financial statements, including balance sheets, income statements, and cash flow statements.
Generate financial reports on a regular basis for management review.
Assist in the preparation of budgets and financial forecasts.
Accounts Payable and Receivable:
· Process invoices, verify receipts, and manage accounts payable.
Prepare and send out invoices to customers and clients.
Follow up on outstanding payments and manage accounts receivable.
Bank Reconciliation:
· Reconcile bank statements and resolve any discrepancies.
Monitor cash flow and manage banking relationships.
Compliance and Regulations:
· Ensure compliance with local, state, and federal financial regulations.
Stay updated with accounting principles and industry standards.
Supervision and Team Management:
· Supervise and mentor junior accounting staff.
Provide training and support to team members.
Review and approve the work of subordinates.
Financial Analysis:
· Analyze financial data and trends to provide insights and recommendations.
Assist in financial planning and decision-making processes.
Audit and Taxation:
· Assist in the preparation for internal and external audits.
Coordinate with external auditors and tax consultants as needed.
Process Improvement:
· Identify inefficiencies and recommend process improvements.
Streamline accounting processes for increased accuracy and efficiency.
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