Finance Executive

We are seeking a detail-oriented and proactive Finance Executive to manage financial operations, ensure compliance, and support strategic decision-making. The ideal candidate will be responsible for payroll, taxation, accounts payable/receivable, statutory compliance, and financial reporting.

Key Responsibilities

1. Payroll Management

• Process and manage employee payroll accurately and on time.
• Ensure compliance with company policies and payroll regulations.

2. Statutory Benefits & Compliance

• Administer statutory benefits as per applicable laws.
• Stay updated with regulatory changes and ensure timely compliance.
• Coordinate with government authorities for filings and approvals.

3. Taxation

• Prepare, review, and file tax documents accurately and on time.
• Ensure compliance with current tax laws and regulations.
• Liaise with tax authorities and consultants when required.

4. Accounts Receivable (AR)

• Generate and issue invoices to clients in a timely manner.
• Follow up on outstanding payments and track collections.
• Prepare collection reports and analyze customer profitability.
• Review client contracts and agreements for financial accuracy.

5. Accounts Payable (AP)

• Review quotations and issue purchase orders.
• Process invoices, verify financial data, and maintain AP records.
• Ensure proper documentation for vendor payments and approvals.
• Track expenses and overhead costs.
• Support cost reduction initiatives across the organization.

6. Financial Reporting & Analysis

• Prepare monthly financial statements (Profit & Loss, Balance Sheet).
• Conduct financial ratio and variance analysis.
• Forecast cash flow and ensure sufficient liquidity.
• Generate aging reports and highlight critical outstanding balances.
• Perform monthly bank reconciliations.
• Compile and present key financial metrics to management.

7. Audit & Liaison

• Coordinate with auditors during audits.
• Liaise with government bodies and financial institutions.
• Ensure timely settlement of statutory liabilities.

8. Other Responsibilities

• Identify discrepancies and ensure timely resolution.
• Prepare reports and analyses as required by management.
• Monitor competitor financial performance and market trends.

• Bachelor’s degree in Accounting, Finance, or related field (Master’s preferred).
• Minimum 3 years of relevant experience.
• Strong knowledge of accounting principles, taxation, and compliance.
• Proficiency in accounting software (Tally, QuickBooks, or similar) and MS Excel.
• Strong analytical, organizational, and problem-solving skills.
• Excellent attention to detail and accuracy.

Preferred Skills

• Experience in financial analysis and reporting.
• Experience in handling different countries.
• Knowledge of local tax laws and statutory compliance.
• Ability to work independently and meet deadlines.