Financial Accountant

IMA India; Jaipur; On-site; INR 450,000 - 650,000; Full time

Benefits offered by this job

Competitive compensation and benefits

Job summary

Project X in Jaipur seeks a skilled financial accountant and analyst to establish bookkeeping systems and manage day-to-day financial records. You will work with the accounting team to create and analyse reports and ensure compliance with legal requirements.

The role covers accounts payable/receivable, invoicing, and tax payments, building the foundation for a growing startup and supporting strategic decisions.

Qualifications

• Experience in maintaining records for purchases, sales, receipts and payments.
• Knowledge of statutory compliance and financial reporting.
• Proficiency with Excel formulas and data analysis tools.

Responsibilities

• Develops chart of accounts and bookkeeping policies for group companies.
• Maintain records and post transactions with accuracy and compliance.
• Prepare financial reports and monitor variances from budgets.
• Coordinate with CA for filings and audits; handle daily banking activities.
• Manage payroll and multi-business accounting needs.

Skills

Advanced Excel

Analytical skills

Data gathering

Attention to detail

Education

Bachelor’s degree in accounting, finance, or related field

Tools

Excel

QuickBooks

ZohoBooks

Tally ERP

Job description

We are looking for a skilled financial accountant and analyst to maintain our financial records, including purchases, sales, receipts and payments.

Job duties include working closely with Accounting team to create and analyse financial reports and ensure legal requirements compliance, process accounts payable and receivable and manage invoices and tax payments. Our ideal candidate holds a Commerce degree and is familiar with accounting software packages, like Zoho, Tally ERP.

Ultimately, the responsibilities are to accurately record all day-to-day financial transactions of our company.

ALTERNATE TITLES

Finance Manager, Financial Accountant & Analyst, Financial Planner & Accountant

DEPARTMENT

Finance

COMPANY Project X

Founded in 2020 by Tarang Sanghi, Project X is an innovation lab, based in Jaipur, RJ (India) at its stealth-startup phase. Our lab's designed to create and launch new companies, products and services. It's invaluable in jump-starting novel ideas that can either disrupt or complement existing companies. We draw from our cross-functional expertise and collaborate to create these new offerings. We come up with new ideas, execute them, and iterate until the idea is fully implemented. For more details: www.tarangsanghi.com

REPORT TO

CEO

THE PROJECT(s)

The summary of the key project(s) they will be undertaking will come here. Foundation accounts setup for new and upcoming ventures. Complete all historic accounting records.

SCENARIO

Environment- Startup - You will be working in a startup environment. Fresh / Established- You are the first person in the accounts team, and will be expected to set up the department.

Area Of Responsibilities

PLANNING

• Develops a system to account for financial transactions by establishing a chart of accounts; defining bookkeeping policies and procedures.
• Plan accounts strategy for all the group companies and units.

BOOKKEEPING

• Maintains historical records by filing documents.
• Maintain an accurate record of financial transactions.
• Maintains records of financial transactions by establishing accounts; posting transactions; ensuring legal requirements compliance.
• Maintains subsidiary accounts by verifying, allocating, and posting transactions.
• Maintain - Journal Vouchers, Ledger, Cashbook, Trading Account, P&L Account, and Balance Sheet.
• Reconciliation of accounts - Bank, and account reconciliation.
• Handle payroll in a timely manner

REPORTING

• Prepares financial reports by collecting, analysing, and summarising account information and trends.
• Monitor any variances from the projected budget.
• Increase productivity by developing automated reporting/forecasting tools.

COORDINATION

Coordination with CA for filing of returns and audits. Conducting daily banking activities. Contributes to team effort by accomplishing related results as needed.

COMPLIANCE

• Complies with central, state, and local legal requirements by studying requirements; enforcing adherence to requirements; filing reports; advising management on needed actions.

ADDITIONAL SKILL SET (Financial Planner)

• Experienced in handling international purchase and sales.
• Advising on investment activities and provide strategies that the company should take.
• Analyze costs, pricing, variable contributions, sales results and the company’s actual performance compared to the business plans.

Requirements

• Years of Relevant Experience- 5+
• Education & Work experience- We prioritize skills over degrees but Bachelor’s degree in accounting, finance, or related field.
• Software and Applications- Microsoft Excel- High Level Proficiency, Quickbooks, ZohoBooks, Tally ERP or other applications.
• Skills- Advanced Mathematical Skills, Strong fluency with Excel formulas and functions, Strong analytical and data gathering skills.
• Should have experience in: Handling accounting in a Group company and multi-business scenario example, e-commerce, consulting, hospitality, investments and VC.
• Qualities & Capabilities-
• Strong knack for details.
• Produce work with a high level of accuracy.
• Professionalism and organisation skills.
• Very procedure oriented.
• Tech friendly, and quick to learn.

Benefits

We offer competitive compensation and benefits. Skills:- Bookkeeping, Reporting and Microsoft Excel