Accounts Executive

Overview

The Accounts Executive is tasked with managing comprehensive Accounts Receivable and revenue accounting operations. This role ensures accurate revenue and receivables recording, timely reconciliations, month-end closing, and strict compliance with accounting standards and internal procedures.

Primary Duties

• Conduct bank reconciliations, prepare necessary accounting entries, and address any unreconciled items promptly.
• Accurately record sales invoices on schedule, verifying customer, revenue, and tax accounting details; resolve any invoice discrepancies.
• Execute revenue recognition following Ind AS and company policies, ensuring proper accounting period classification and posting of related journal entries.
• Handle salary, employee cost, and deputed personnel cost accounting by posting relevant journal entries correctly.
• Perform periodic reconciliations of related party balances, coordinating with stakeholders to resolve differences and maintain accuracy in reporting.
• Maintain customer ledgers and accounts receivable balances; prepare ageing reports and analyze outstanding items to facilitate timely resolution.
• Oversee month-end and year-end book closure activities, including reconciliations and journal entries, ensuring on-time completion and issue resolution.
• Record investment transactions adhering to accounting standards, managing investment income, valuation, and amortization entries.
• Account for other income such as fixed deposit interest, ensuring proper recognition and classification within the correct accounting period.
• Support statutory audits by providing schedules, reconciliations, documentation, and working closely with auditors to address queries for timely audit completion.

Skills and Qualifications

• In-depth knowledge of accounts receivable and revenue accounting principles.
• Proven ability in reconciliation and analytical processes.
• Experience conducting month-end and year-end closings efficiently.
• Strong attention to detail ensuring accuracy in financial records.
• Capability to perform under tight reporting deadlines.
• Effective stakeholder and auditor relationship management skills.
• Proficiency in Excel and Oracle E-Business Suite accounting software.
• Responsibility and ownership over assigned financial processes.