*Job Description: Accounting and Finance Executive (1 Year Experience)

Position Overview: We are seeking a dedicated and detail-oriented Accounting and Finance Executive with 1 year of experience in accounting and finance operations. This role supports the finance team in maintaining accurate financial records, processing transactions, and assisting in budgeting and reporting tasks. The ideal candidate has a strong foundation in accounting principles, excellent analytical skills, and proficiency in relevant software tools.

*Key Responsibilities:

Financial Record Management:

Maintain and update financial records, including ledgers, journals, and balance sheets.

Reconcile bank statements and financial discrepancies by collecting and analyzing account information.

Prepare and record asset, liability, revenue, and expense entries by compiling and analyzing account information.

Accounts Payable & Receivable:

Process accounts payable and receivable transactions accurately and in a timely manner.

Monitor and manage outstanding invoices, collections, and payments.

Communicate with clients and vendors to resolve billing and payment issues.

Budgeting & Forecasting Support:

Assist in the preparation of budgets and forecasts by analyzing past financial data and current trends.

Collaborate with senior finance team members to review and adjust budgetary plans as needed.

Financial Reporting:

Generate financial statements and reports, such as balance sheets, profit and loss statements, and cash flow statements, on a monthly, quarterly, and annual basis.

Conduct variance analysis and report discrepancies to management.

Compliance & Audit Support:

Ensure compliance with financial regulations and accounting principles.

Support internal and external audits by providing documentation and responding to audit inquiries.

Process Improvement:

Identify opportunities for process improvements and assist in implementing more efficient accounting procedures.

Participate in projects related to finance system enhancements.

*Qualifications:

Bachelor’s degree in Accounting, Finance, or a related field.

1 year of experience in accounting or finance roles.

Proficiency in accounting software (e.g., QuickBooks, SAP, or Oracle) and MS Office, especially Excel.

Strong understanding of accounting principles and financial reporting.

Excellent analytical, organizational, and communication skills.

Ability to work independently and collaboratively within a team.

Preferred Skills:

Knowledge of financial regulations and compliance requirements.

Experience with budgeting and forecasting.

Familiarity with ERP systems and financial software tools.

Key Competencies:

Detail-oriented with a high level of accuracy.

Strong time management and ability to handle multiple priorities.

Problem-solving skills and proactive approach to task management.

This is a great opportunity for a proactive professional to further develop their skills in accounting and finance, gain exposure to a range of financial processes, and contribute to the company’s growth and financial health.