Finance and Accounts Executive

 Job Description

The Finance and Accounts Executive is responsible for the accounts payable and accounts receivables including processing and payment of invoices and contract payments, generating reports, Ensures timely and accurate processing of non-payroll disbursements to individuals, partnerships, operations, and other entities and other accounting functions as needed to ensure accurate, timely payments and financial reporting.

Essential Job Functions:

• Review invoices, process the invoices and send to appropriate departments
• Manages the day-to-day operations of the accounts payable and accounts receivables department.
• Prepare, control, balance and check various accounts.
• Ensures timely and accurate processing of purchasing/payment documents such as purchase orders, travel reimbursements, stipends etc.
• Receives and receipts cash items and third-party payments; posts and reconciles payments to ledgers.
• Reviews credit balances, refunds, adjustments, and claim denials; reconciles, corrects, and applies adjustments to billing records.
• Interacts with vendors/customers for balances, reconciliation, purchasing, and departments for information, and problem resolution.
• Input all vendor invoices in the system.
• Balance edits and approves batch; after approval, post to AP system.
• Review aging and determine invoices to be paid.
• Select invoices for payment.
• Performs a variety of general clerical duties, including telephone reception, mail
• Distribution, and other routine functions.
• Generate checks in accordance with issuing guidelines.
• Prepare check voucher and submit for approvals.
• Address employee, vendor and customer inquiries regarding payments.

Education Qualification Requirement:

• Post Graduation/Graduation in commerce
• 0-2 years of professional work experience in accounts payable/receivables and/or payroll or combination of education and training that provides the required experience.

Knowledge: (at entry)

• Ability to organize files and effectively retrieve data.
• Knowledge of accounts payable and receivables principles, procedures, and standards.
• Knowledge of budgeting cost estimating, and fiscal management principles and procedures.
• Ability to apply reconciliation techniques using standard accounting methods and principles.
• Ability to perform accurate data entry.
• Ability to prepare worksheets and reports on spreadsheets.
• Considerable knowledge of computer software applications including word processing and spreadsheets.
• Knowledge of basic accounting terminology and concepts
• Knowledge of tax reporting procedures, regulations, and standards.
• Knowledge of the principles and practices of bookkeeping.

Location :   Kalamasery, Ernakulam