Financial Accountant

1. Accounts Payable

• Process vendor invoices end-to-end: receipt, verification, three-way matching, approval and payment release as per defined SLAs.
• Ensure all payments are adequately supported by valid contracts, purchase orders, invoices and appropriate internal approvals.
• Monitor the AP ageing dashboard and proactively resolve overdue or disputed invoices to prevent interest or penalty exposure.
• Liaise with procurement and business teams for prompt invoice receipt and query resolution.
• Reconcile vendor statements monthly and ensure zero long-outstanding open items.
• Ensure TDS / withholding tax deductions are correctly applied and accounted for.

2. Employee Reimbursements

• Administer the employee expense reimbursement cycle—receipt, policy compliance checks, approval routing and payment within defined turnaround times.
• Validate expense claims for adherence to the company’s Travel & Expense Policy and flag exceptions to management.
• Process medical, meal, fuel and other allowance reimbursements accurately and within payroll cut-off dates.

3. Cash Management & Treasury Operations

• Maintain and update the daily cash position statement, ensuring sufficient liquidity for all outgoing payments and obligations.
• Monitor surplus idle funds and place them in short-term or overnight bank deposits or approved instruments to optimise interest income.
• Track maturity of fixed deposits and renew or redeploy proceeds in a timely manner.
• Interface with bankers for operational banking requirements, limits and interest negotiations.

4. Bank Reconciliation & Monthly Closing

• Perform monthly bank reconciliations for all bank accounts and ensure reconciling items are resolved within the month-end close timeline.
• Drive complete and accurate monthly expense closing, including accrual of provisions, validation of cost-centre allocations and clearance of unposted items.
• Support the preparation of quarterly and annual financial statements under Indian GAAP and IFRS, as required.

5. GST & Direct Tax Compliances

• Prepare and liaise with consultants for filing monthly GSTR-1, GSTR-3B and annual GST returns accurately and on time.
• Reconcile GST books with GSTR‑2A / GSTR‑2B and follow up with vendors on mismatches to enable timely ITC availment.
• Ensure correct TDS deductions across all payment categories under relevant provisions of the Income-tax Act, as amended from time to time, and coordinate with consultants for filing quarterly TDS returns.
• Ensure compliance with MSME reporting and payment requirements.
• Handle GST and income-tax notices, assessments and refund follow-ups in coordination with tax consultants.
• Ensure compliance with other applicable statutory payments, including PF, ESI, PT and any insurance-sector levies.

6. Audit Support & Regulatory Reporting

• Act as the primary operations contact for statutory, internal and concurrent auditors by providing schedules, reconciliations and supporting documents on time.
• Ensure timely resolution and closure of audit queries and management points through an audit tracker.
• Support preparation of regulatory returns and submissions to IRDAI and other regulators, as required.
• Maintain audit-ready books by ensuring postings, reconciliations and document archiving are up to date.

7. Finance Automation & Process Improvement

• Identify manual and repetitive finance workflows and support automation initiatives using tools such as Excel Macros/VBA, Power Query, Power Automate, Power BI or RPA solutions.
• Build automated reconciliation templates, dashboards and exception reports to reduce manual effort and turnaround time.
• Create and maintain live cash management and accounts payable dashboards for real-time visibility for the Finance Team Lead.
• Proactively bring industry benchmarks and best practices to continuously improve process efficiency.