Financial Trainee

Designation Financial Trainee

Key Responsibilities:

1. Vendor Reconciliation:
   • Ensure timely and accurate reconciliation of vendor accounts.
   • Maintain communication with vendors regarding discrepancies and resolve issues.
   • Process and track vendor invoices ensuring accurate payment processing.
2. Bank Reconciliation:
   • Perform monthly bank reconciliation to ensure accuracy between company books and bank statements.
   • Investigate discrepancies between the bank and general ledger accounts ensuring corrections are made in a timely manner.
3. GST Reconciliation:
   • Manage GST-related reconciliations ensuring compliance with tax regulations.
   • Maintain accurate records of GST inputs and outputs ensuring the correct filing of GST returns.
   • Address any discrepancies with tax authorities and assist in audits.
4. Accounts Payable:
   • Oversee the accounts payable function including the processing of supplier invoices payments and expense reports.
   • Ensure that payments are made on time and in compliance with company policies.
   • Prepare and maintain accurate records for all accounts payable transactions.
5. Bookkeeping:
   • Maintain accurate and up-to-date financial records in the companys accounting software.
   • Assist in the preparation of monthly quarterly and annual financial reports.
   • Ensure all transactions are properly recorded in compliance with accounting standards.
6. Experience with SEZ Activities and Regulations:
   • Handle complete SEZ documentation for movement of goods and services. Ensure all inwards are endorsed and updated on the SEZ portal.
7. Audit & Accounting Entries:
   • Basic understanding of audits assist in internal and external audits.
   • Post accounting entries accurately in the companys financial system.
   • Ensure compliance with regulatory requirements during audits and reconciliation processes.
8. GST & TDS Compliance:
   • Ensure proper documentation and compliance with GST regulations and TDS (Tax Deducted at Source) requirements.
   • Prepare and review TDS returns ensuring timely payments and filings

Skills & Qualifications:

• Bachelors degree in Finance Accounting or a related field and Semi Qualified CA
• 1-2 years of experience in finance or accounting preferably in a similar role.
• Strong knowledge of accounting software (SAP).
• Expertise in financial reconciliation accounts payable GST compliance bookkeeping and posting of accounting entries.
• Basic understanding of audits GST and TDS compliance.
• Excellent attention to detail with strong analytical and problem-solving skills.
• Strong communication skills to interact with internal and external stakeholders.
• Ability to work under pressure and meet deadlines.
• Strong organizational skills with the ability to manage multiple tasks efficiently.
• Knowledge of MS Excel and other office management tools.