Junior Accounts Executive - Hyderabad, India - Hivespace

Hivespace

Verified Company

Hyderabad, India

2 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

Job Title:
Accounts Executive

Experience:
5+ Years

An Accounts Executive with over 5 years of experience is a key member of the finance and accounting team responsible for managing financial transactions, maintaining records, and ensuring the accuracy of financial data.

This role involves a strong command of accounting software, including Tally and Zoho, as well as financial analysis and reporting.

Key Responsibilities:

Financial Transactions:
Record day-to-day financial transactions, including accounts payable and accounts receivable entries, in a timely and accurate manner.

Bank Reconciliation:
Perform regular bank reconciliations to ensure that bank statements and financial records are aligned.

Accounts Payable:
Manage accounts payable processes, which include vendor bill verification, approval, and payment processing.

Accounts Receivable:
Monitor accounts receivable, send invoices to clients, and follow up on collections.

Expense Management:
Track and categorize business expenses, ensuring proper allocation to cost centers.

Payroll Processing:
Handle payroll processing, including salary calculations, deductions, and tax compliance.

Tally and Zoho Expertise:
Utilize Tally and Zoho accounting software to maintain financial records, generate financial statements, and perform data analysis.

Financial Reporting:
Prepare and analyze financial reports, including balance sheets, income statements, and cash flow statements.

Audit Support:
Assist with internal and external audits by providing documentation, explanations, and reconciliations as required.

Compliance:
Ensure compliance with tax regulations and financial reporting standards, keeping abreast of changes in accounting regulations and standards.

Budgeting:
Assist in the preparation and monitoring of budgets and forecasts, and track actual performance against budgeted figures.

Variance Analysis:
Conduct variance analysis to identify and explain discrepancies between budgeted and actual financial performance.

Process Improvement:
Suggest and implement process improvements to enhance the efficiency and accuracy of financial operations.

Qualifications and Skills:

Bachelor's degree in Accounting, Finance, or a related field (preferred).
5+ years of experience in accounting and finance roles.
Proficiency in Tally and Zoho accounting software.
Strong understanding of accounting principles and financial reporting.
Knowledge of tax regulations and compliance.
Attention to detail and accuracy in financial data entry and analysis.
Excellent organizational and time management skills.
Strong communication skills for interaction with team members and external parties.
Problemsolving and analytical skills.
Knowledge of budgeting and forecasting.
Ability to work both independently and as part of a team.

Pay:
₹25, ₹35,000.00 per month

Schedule: