Senior Account Executive - Hyderabad, India - Astrosoft Technologies

Description

Job Description: Accounts and Finance

Position Title: Accounts and Finance Officer

Location: [Specify location]

Company Overview:

[Provide a brief description of the company, its industry, and its goals.]

Responsibilities:

1. Financial Reporting:

• Prepare financial statements, including balance sheets, income statements, and cash flow statements, on a regular basis.
• Analyze financial data and present findings to management for decision-making purposes.
• Ensure compliance with accounting standards and regulations.

1. Budgeting and Forecasting:

• Assist in the development of annual budgets and forecasts.
• Monitor budget performance and provide variance analysis.
• Make recommendations for cost-saving measures or revenue enhancement opportunities.

1. Accounts Payable and Receivable:

• Oversee accounts payable and receivable processes.
• Manage vendor relationships and ensure timely payment of invoices.
• Follow up on outstanding receivables and coordinate collections efforts.

1. Tax Compliance:

• Prepare and file tax returns, including income tax, sales tax, and VAT/GST.
• Stay updated on changes in tax laws and regulations to ensure compliance.
• Work with external auditors during tax audits.

1. Financial Analysis:

• Conduct financial analysis to support strategic decision-making.
• Identify trends, opportunities, and risks in financial performance.
• Provide recommendations to improve financial performance and efficiency.

1. Internal Controls and Compliance:

• Establish and maintain internal controls to safeguard company assets and ensure accuracy of financial records.
• Perform regular audits to assess compliance with internal policies and procedures.
• Implement improvements to strengthen internal controls as needed.

1. Cash Management:

• Monitor cash flow and liquidity to ensure adequate funding for operational needs.
• Develop cash flow forecasts and manage cash balances effectively.
• Optimize cash management strategies to maximize returns on surplus funds.

1. Financial Systems and Tools:

• Maintain and update financial systems and tools, including accounting software and spreadsheets.
• Train staff on the use of financial systems and ensure data integrity.

Qualifications:

• Bachelor's degree in Accounting, Finance, or related field. CPA or equivalent certification preferred.
• years of experience in accounting or finance roles.
• Strong understanding of accounting principles and financial concepts.
• Proficiency in financial software and Microsoft Excel.
• Excellent analytical and problem-solving skills.
• Attention to detail and accuracy in work.
• Strong communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Knowledge of regulatory requirements and compliance standards.