Finance Executive

Key Responsibilities:

1. Treasury

  • Weekly bank reconciliation of PK, US and other foreign entities bank.
  • Weekly updating of bank ledgers in the QuickBooks.
  • Preparing Funding position and cash call request on monthly basis.
  • Preparation and processing of PK and foreign entities bank payments electronically.
  • Maintaining & recording of petty cash fund and expenses.
  • Responsible for all bank related communications and co-ordinations.

2. PK & offshore Entities Payroll

  • Managing the preparation and disbursement of PK and offshore entities payroll (except US).
  • Journalizing the payroll disbursement in accounting software.
  • Preparing payroll schedules monthly in which expense will be categorized as per the pay cycle and accrual.
  • Preparation of EOBI challan and payment.
  • Preparation of withholding income tax data and coordinate with consultant for monthly filing.
  • Working quarterly Variable compensation.

3. Accounts Receivable Management

  • Creation & maintenance of customer profile in Zoho
  • Maintenance of all the new signed contracts in relevant folder
  • Ensuring timely invoices to all customers
  • Follow-up on overdue invoices
  • Knocking off AR and maintaining AR aging
  • Sending monthly invoices of hours utilization to all relevant customers

4. Accounts Payable Management

  • Recording suppliers’ invoices (PK and US both) in the system.
  • Knocking off AP and maintaining AP aging.
  • Marinating database of supplier invoices on SharePoint.
  • Preparing weekly check run.
  • Maintaining bill-back transactions sheet and co-ordination with group company for bill back transactions.

5. Monthly GL Closing

  • Responsible for the PK related monthly financial closing in the Quickbooks latest by 05th of the succeeding month
  • Ensure all necessary accruals with the criteria set for management reporting and statutory reporting
  • Preparation of various financial and accounting reports as advised by the line manager
  • Ensure the preparation and monthly updating of all core schedules regarding P&L and Balance Sheet

6. Credit Card Reconciliation (US)

  • Monthly reconciliation of credit card statements and post relevant expenses into the correct ledger accounts. Also, to make trending schedule monthly.
  • Preparing, updating and maintaining the cash flow forecasting of all CC related transactions
  • Maintenance of database regaridng expiry of physical and ghost cards

7. Others

  • Providing data to the tax consultant for annual tax return
  • Providing & maintaining proper data/information to auditors for PK annual audit
  • Handling of PSEB, PASHA related issues.
  • Working with HR for analytics required for renewing group life insurance
  • Working with HR for analytics required for renewing group medical insurance
  • Assist the line manager during external, internal and any other kind of audits
  • Assist line manager in automating the work processes.
  • Any other assignment that may be assigned by the line manager from time to time

Education, Experience, Skills & Abilities:

1. Education and working experience

  • Final stage of ACCA, CMA, CIMA
  • At least 3 years of experience is required in in a similar role

2. Skills and Abilities

  • Sound understanding of accounting concepts, IFRS and GAAP
  • Strong analytical skills.
  • Well equipped with advance MS Excel functions (working knowledge of Power BI would be a plus)
  • Highly organized, responsible with an acute attention to detail.
  • Proficient reasoning ability to follow instructions, solve practical problems, and adapt to various situations.
  • Strong communication skills, both written and verbal, with the capability to interpret technical procedures and present information effectively.
  • Proficiency in using NetSuite or any renowned accounting software
  • Drive efficiency and effectiveness by identifying, reviewing, and implementing process improvements in accounting procedures.

Send us your resume at [email protected] mentioning the position in subject line.