Finance Executive

Candidates near by 1km are preferable(Banashankari location)

Job Description – Finance Executive

Job Title: Finance Executive

Reporting : Finance Manager / Accounts Manager

Location: Benguluru

Job Summary-

We are looking for a detail-oriented Finance Executive to manage daily accounting activities, petty cash transactions, GST compliance, vendor payments, bank reconciliations, and financial documentation. The candidate should have a good understanding of Indian accounting practices and GST regulations.

Key Responsibilities

• Petty Cash ManagementMaintain and manage daily petty cash transactions.
• Record cash receipts, payments, and expenses accurately in the accounting system.
• Verify petty cash bills, vouchers, and supporting documents.
• Reconcile physical cash balances with book balances regularly.
• Prepare petty cash statements and submit expense reports for approval.
• Ensure compliance with company petty cash policies and limits.

2. GST Compliance & Filings

• Prepare and assist with monthly/quarterly GST returns, including GSTR-1 and GSTR-3B.
• Reconcile purchase registers with GSTR-2B for Input Tax Credit (ITC) verification.
• Verify GST invoices, HSN/SAC codes, GSTINs, and applicable tax rates.
• Coordinate with consultants and the finance team for timely GST return filing.
• Track GST payments, input tax credit, and outstanding compliance requirements.
• Maintain GST records and supporting documents for audits and assessments.

3. Accounting & Bookkeeping

• Record daily financial transactions in accounting software such as Tally ERP/Tally Prime or other ERP systems.
• Prepare and post journal entries, payment vouchers, receipt vouchers, and contra entries.
• Maintain purchase, sales, expense, and general ledger records.
• Perform bank reconciliations and investigate discrepancies.
• Assist in monthly closing activities and preparation of financial statements.
• Ensure proper filing and maintenance of accounting documents.

4. Vendor & Payment Management

• Verify vendor invoices and supporting documents before processing payments.
• Maintain accounts payable records and track payment due dates.
• Prepare payment advice and coordinate with vendors regarding outstanding payments.
• Assist with vendor ledger reconciliation and resolve discrepancies.

5. Statutory Compliance & Audit Support

• Assist in TDS calculations, deductions, and return preparation, as applicable.
• Maintain records required for statutory audits and internal audits.
• Support the preparation of financial reports and compliance documentation.
• Ensure adherence to company policies and applicable statutory requirements.

6.Qualifications & Skills

• B.Com / M.Com / MBA Finance or an equivalent qualification.
• 1–3 years of relevant experience in finance and accounting.
• Practical knowledge of GST returns, GST reconciliation, and Input Tax Credit.
• Working knowledge of Tally Prime, MS Excel, and accounting principles.
• Strong attention to detail, numerical accuracy, and organizational skills.
• Ability to meet deadlines and maintain confidential financial information.
• Key Performance Indicators (KPIs)Timely and accurate GST return preparation and filing.
• Accuracy of petty cash records and cash reconciliation.
• Timely processing of vendor invoices and payments.
• Completion of bank and ledger reconciliations.
• Proper maintenance of financial records and audit documentation.