Finance Executive

Company Description

IndusGuru Network Partners is a leading online curated business network that connects organizations with top-tier business experts and consultants to drive growth and performance. Our platform simplifies the process of finding the perfect-fit expert for critical projects, ensuring tailored solutions for unique business requirements. We are equally committed to empowering consultants by offering them access to professional opportunities and a network of like-minded professionals. With over three decades of experience in management and technology consulting, our team is dedicated to delivering exceptional services and impactful results. Join our network to unlock new growth opportunities for your organization or career.

Role Description - Finance Executive

Financial Accounting

1. Record and maintain all the entries of day-to-day business transactions like Sales, Purchase, Payment, receipts, purchase Order etc in Tally
2. Keep Bank Accounts up to date by posting day-to-day transactions
3. Maintain all the records & files in a proper manner
4. Record all expenses and review those expenses & keep the track of expenses every month
5. Update accounts payable and receivables and performs reconciliations with Bank
6. Develop and document business processes and accounting policies to maintain and strengthen internal controls

Statutory reporting and filing

1. Prepare monthly GST Data and TDS data and file GST, TDS
2. Generating invoices and challan in the company's software on a day-to-day basis after interacting with the BD team
3. Assist with Tax audits and annual Tax returns as applicable
4. Assist with other compliances – which may be required from time to time (labour related as applicable)

Collections

1. Chase clients for payments/ outstanding and respond to queries relating to these
2. Check that TDS deducted by clients, is as per Form13 approvals of lower TDS as relevant
3. Help management team reduce outstandings and manage working capital better

MIS and Reporting

1. Prepare and submit weekly/monthly reports
2. Prepare BS and P&L
3. Support month-end and year-end close process
4. Assist in monthly Operational Metrics reporting – post training on MIS
5. Help generate relevant Management reports from Tally

Documentation and office support

1. Record keeping of contracts, other documentation as advised from time to time
2. Office support / admin as requested from time to time
3. Administrative , Leave management and Contract Management in addition to the Finance role
4. Updating the IndusGuru portal with the invoice data and consultant payment data.
5. Using the IndusGuru portal for MIS and ensuring compliance.
6. External Audit support

Qualities required

1. Basic knowledge of GST, TDS & other accounting terms.

2. Good command over MS-Excel & MS-Word

3. Good understanding of accounting principles

4.Basic knowledge of banking, E- way bills and other similar work

5. Ability to keep documents and data well organized