Executive - Finance and Accounts

PeopleStrong; Vadodara; On-site; INR 800,000 - 1,100,000; Full time

Job summary

PeopleStrong invites a Chartered Accountant (CA) to join a finance team focused on robust cash flow management, regulatory compliance, and financial transformation initiatives. You will oversee treasury operations, bank accounting, GST, PF, Advance Tax, and statutory payments, ensuring accurate accounting and timely reporting.

The role encompasses accounts payable and receivable, vendor payments, customer collections, foreign transactions, LC/BG activities, and investment oversight.

Qualifications

• Qualified Chartered Accountant with experience in treasury, GST, PF and regulatory compliance.
• Experience managing accounts payable/receivable, bank reconciliations and MIS reporting.
• Knowledge of foreign payments, LC/BG, and trade finance operations.

Responsibilities

• Process vendor payments and customer receipt accounting.
• Record expense vouchers and treasury-related transactions.
• Post accounting entries for bank charges, customer receipts, vendor payments, and treasury transactions.
• Prepare and monitor Bank Reconciliation Statements (BRS).
• Handle payment requests and fund transfers, including offline payments.
• Prepare daily cash position reports and fund planning schedules.
• Manage statutory payments including GST, PF, Advance Tax, DGVCL and other regulatory dues.
• Monitor project fund flow and liquidity requirements.

Skills

Treasury operations

Bank reconciliations

GST compliance

Foreign payments

Trade finance

Cash flow management

MIS reporting

Education

Chartered Accountant (CA)

Tools

EDPMS

IDPMS

ERP systems

Job description

Chartered Accountant (CA)

Job Description

Job Purpose

To manage account payable, account receivable, treasury operations, banking activities, trade finance, fund planning, statutory compliance, accounting, customer collections, foreign transactions, MIS reporting, audit support, and finance transformation initiatives while ensuring effective cash flow management and regulatory compliance.

Key Responsibilities

1. Treasury & Banking Operations

• Process vendor payments and customer receipt accounting.
• Record expense vouchers and treasury-related transactions.
• Post accounting entries for bank charges, customer receipts, vendor payments, and treasury transactions.
• Prepare and monitor Bank Reconciliation Statements (BRS).
• Handle payment requests and fund transfers, including offline payments.
• Prepare daily cash position reports and fund planning schedules.
• Manage statutory payments including GST, PF, Advance Tax, DGVCL and other regulatory dues.
• Monitor project fund flow and liquidity requirements.

2. Foreign Payments & Treasury Management

• Process foreign remittances relating to:
  • Supply payments
  • Dividend payments
  • Royalty payments
• Handle foreign inward remittances and related accounting.
• Manage EDPMS and IDPMS compliance requirements.
• Coordinate rate booking and hedging transactions with banks.
• Maintain treasury records related to overseas transactions.

3. Investment Management

• Handle documentation and calculations related to:
  • Fixed Deposits (FDRs)
  • Mutual Fund Investments
• Prepare investment schedules and reconciliations.
• Support treasury decisions related to surplus fund deployment.
• Prepare ECL annexures related to investments and banking exposures.

4. Trade Finance Operations (LC & BG)

• Maintain BG and LC trackers.
• Coordinate issuance, amendment, renewal and closure of:
  • Bank Guarantees (BG)
  • Letters of Credit (LC)
• Review LC and BG documents prior to issuance.
• Monitor BG/LC limits, utilization and renewal requirements.
• Handle customer LC collection activities.
• Process LC payments and maintain supporting documentation.

5. Accounts Receivable & Working Capital Management

• Monitor customer collections and outstanding balances.
• Prepare retention money trackers and aging reports.
• Track overdue receivables and initiate follow-up actions.
• Prepare MIS on sales versus actual collections.
• Perform customer reconciliations.
• Clear vendor advances and LD recoveries.
• Review and sanitize vendor-related general ledger balances.
• Maintain AP-related supporting schedules and trackers.