Junior Accountant

Overview

This role involves joining the Finance team as an Accountant based in Mumbai, India.

The position manages Accounts Payable (AP) and Accounts Receivable (AR) activities, supports cash flow management and forecasting, assists with month-end and year-end closing, and contributes to intercompany reconciliations and audit/tax support.

Responsibilities

Accounts Payable (AP)

• Ensure timely and accurate payment of vendor invoices
• Manage vendor relationships and resolve invoice discrepancies
• Maintain accurate AP records and files
• Ensure compliance with relevant policies and procedures

Accounts Receivable (AR)

• Monitor and follow up on outstanding receivables
• Apply customer payments accurately
• Maintain accurate AR records and files
• Initiate collections activities
• Ensure compliance with relevant policies and procedures

Cash Flow Management

• Monitor weekly cash balances
• Prepare cash flow forecasts
• Identify and report on cash flow variances
• Recommend strategies to improve cash flow

Forecasting

• Participate in weekly forecasting activities
• Analyze financial data to support forecasting accuracy
• Assist in the preparation of forecast reports

Month-end Closing

• Perform bank reconciliations
• Assist with month-end and year-end closing activities (including preparing journal entries as needed)
• Assist in preparing and analyzing management reports after month-end closing
• Perform other accounting duties as assigned

Intercompany Reconciliation

• Perform monthly intercompany account reconciliations to ensure the accuracy of intercompany transactions
• Investigate and resolve intercompany discrepancies in a timely manner
• Coordinate with other departments and regional entities to resolve reconciliation issues
• Prepare and maintain intercompany reconciliation documentation

Management Reporting

• Prepare and analyze monthly, quarterly, and annual management reports, including variance analysis
• Assist in the preparation of financial statements and supporting schedules
• Provide insightful commentary and explanations for financial results
• Assist with development and improvement of management reporting processes

Liaison and Compliance Support

• Liaise with external parties (e.g., auditors, bankers, government bodies, tax agents)
• Assist with internal and external audit requests
• Prepare schedules and documentation for auditors
• Support statutory, tax and regulatory compliance matters (including tax preparation and filing and e-invoice submission)

Other Responsibilities

• Assist with ad-hoc financial analysis and projects as needed
• Ensure compliance with accounting policies and procedures
• Maintain a high level of accuracy and attention to detail
• Contribute to process improvements within the finance department

Requirements

• Bachelor’s degree in accounting, finance or related field
• At least 1+ years of financial experience, preferably in multinational corporations
• Proficiency in accounting software, preferably NetSuite, and Microsoft Excel
• Strong attention to detail and accuracy
• Ability to work independently and as part of a team
• Excellent analytical, problem-solving, and communication skills
• Experience with cash flow management and forecasting is a plus
• Experience supporting audits and tax processes is a plus
• Passion for and inquisitive about AI and new technologies
• Understanding and knowledge of AI tools is beneficial, but ability to learn and digest benefits and features of AI tools is critical

Preferred Qualifications

• Experience with cash flow management and forecasting
• Experience supporting audits and tax processes
• Familiarity with AI tools and the ability to learn and apply their benefits

Compensation & Benefits

Not specified.

Location

Mumbai, India