Finance Executive

Phase 1 Events and Experiences; Bengaluru; On-site; INR 360,000 - 720,000; Full time

Job summary

An event management company in Bengaluru is looking for an accounting professional to handle various event-related financial responsibilities. The role includes verifying estimates, managing vendor bills, and preparing profit and loss reports. The ideal candidate should have sound knowledge in GST and experience with TDS deductions. This position requires skills in reconciliation and financial reporting and offers a full-time commitment in Karnataka, India.

Qualifications

• Sound knowledge in GST.
• TDS deduction on various payments.
• Experience in financial reporting and budgeting.
• Experience in monthly reports and financial reconciliations.

Responsibilities

• Verify event estimates and payable statements.
• Journalize vendor bills daily.
• Prepare monthly profit and loss account.
• Submission of weekly and monthly reports.
• Monthly Profit & Loss accounting and statutory filings.

Skills

Knowledge in GST

TDS deduction

Financial reporting

Budget preparation

Reconciliation

Financial reporting

Depreciation

Statutory filings

Job description

• Verifying Event estimate for each event and Payable statement for each event.
• journalize vendor bills on a daily basis.
• Raising, verification and accuracy of Invoices.
• Submission of Weekly and monthly reports.
• Monthly report – Profit & loss account for that month.
• Professional tax monthly and annual filing.
• Reconciliation of Production advance given to team on a periodic basis.
• Sound knowledge in GST
• TDS deduction on various payments made to Vendors, like salary, rent, interest, contractors & professional & Monthly remittances.
• Outstanding statement review on a weekly basis.
• Payable statement reviews every fortnight.
• Monthly Budget Preparation for fixed expenses in the beginning of the month and analysis and report of the same at the end of every month.
• Filing Quarterly E TDS returns for the TDS deducted for the debtors & service providers.
• Detailed work on foreign exchange remittances.
• File maintenance for each accounting category with accurate bills & reports with appropriate tagging and cataloguing.
• Depreciation Calculation for the Assets month wise & Accounting for the same
• Updating Statutory Auditors with required documents & reports periodically.