Finance Trainee

Kalyani Technoforge (KTFL); Pune District; On-site; INR 480,000 - 680,000; Full time

Job summary

Kalyani Technoforge (KTFL) in Pune district, Maharashtra, seeks a capable accounts professional to manage payable processes, tax compliance, and monthly closings.

You will process purchase bills, verify against POs, maintain GRIR, perform vendor reconciliations, and assist with fixed assets and inventory controls to support reliable MIS.

The role emphasizes accuracy, timely reporting, and collaboration with internal teams to ensure compliance with TDS, GST, and month-end deadlines.

Responsibilities

• Process and book all purchase bills accurately within 2 days of receiving the GRN.
• Verify invoices against purchase orders and supporting documentation to ensure accurate data entry.
• Maintain a zero-balance GRIR clearing account at month-end.
• Ensure 100% compliance with TDS and GST during invoice processing.
• Verify correct tax rates, HSN/SAC codes, and timely deduction of TDS on vendor payments.
• Prepare, track, and monitor comprehensive expense provisions for monthly financial reporting.
• Collaborate with internal teams to ensure all unbilled expenses are provisioned by month-end for MIS.
• Execute regular vendor ledger reconciliations and obtain balance confirmations from suppliers.
• Identify, investigate, and resolve reconciliation discrepancies; target 100 successful vendor reconciliations per cycle.
• Manage and resolve IOC queries and track open scrolls to clear outstanding items.
• Participate in physical inventory verification to ensure book balances match ground reality.
• Assist with physical verification, tracking, and tagging of fixed assets.

Job description

Role & responsibilities :

1. Accounts Payable & Invoice Processing

• Process and book all purchase bills accurately in the accounting system within 2 days of receiving the Goods Receipt Note (GRN).
• Verify invoices against purchase orders and supporting documentation to ensure accurate data entry.
• Maintain a zero-balance or clear Goods Receipt Invoice Receipt (GRIR) clearing account at every month-end.

2. Statutory & Tax Compliance

• Ensure 100% compliance with Tax Deducted at Source (TDS) and Goods and Services Tax (GST) regulations during invoice processing.
• Verify correct tax rates, HSN/SAC codes, and timely deduction of TDS on applicable vendor payments.

3. Financial Provisions & Monthly Closing

• Prepare, track, and monitor comprehensive expense provisions for monthly financial reporting.
• Collaborate with internal teams to ensure all unbilled expenses are provisioned accurately by the month-end deadline for reliable MIS generation.

4. Vendor Reconciliation & Controls

• Execute regular vendor ledger reconciliations and obtain balance confirmations from suppliers.
• Identify, investigate, and nullify reconciliation discrepancies promptly, targeting a milestone of at least 100 successful vendor reconciliations per cycle.
• Manage and resolve Interest on Delayed Payments (IOC) queries and track open scrolls to clear outstanding items.

5. Inventory & Fixed Asset Management

• Participate in physical inventory verification processes to ensure book balances match ground reality.
• Assist with physical verification, tracking, and systematic tagging of the companys fixed assets.