Process Associate - Account Payable

Swami International Back Office Services; New Delhi; On-site; INR 400,000 - 600,000; Full time

Job summary

Swami International Back Office Services is seeking an associate to join our accounting team to manage month-end close tasks, journal entries, and reconciliations.

You will support monthly financial statements, analyze variances, and help ensure GAAP/IFRS compliance, while striving for process improvements and accurate reporting.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 1-3 years of experience in accounting, with exposure to month-end closing activities.
• Proficiency in accounting software (e.g., QuickBooks, Rent Manager, AppFolio, SAP).
• Advanced knowledge of Excel (e.g., pivot tables, VLOOKUP, data analysis tools).
• Familiarity with ERP systems is a plus.
• Strong analytical and problem-solving skills.
• Excellent attention to detail and organizational abilities.

Responsibilities

• Month-End Close: Prepare and post entries for various accounts, prepayments, and adjustments.
• Month-End Close: Posting and review bills and expense reports.
• Month-End Close: Perform account reconciliations, ensuring accuracy and timely completion.
• Month-End Close: Tracking of credit card expenses on daily basis.
• Month-End Close: Assist in closing ledgers and preparing supporting schedules for the month-end process.

Education

Bachelor's degree in Accounting, Finance, or related field

Tools

QuickBooks

Rent Manager

AppFolio

SAP

Job description

Job description

Job Title

Associate - Accounting and Month-End Closing

Job Summary

We are seeking a detail-oriented and driven Associate to join our accounting team. This role focuses on managing accounting tasks, supporting month-end close activities, and ensuring accurate financial reporting. The ideal candidate will assist in the preparation of journal entries, account reconciliations, and financial statement reviews while adhering to company policies and regulatory requirements.

Key Responsibilities

Month-End Close:

• Prepare and post entries for various accounts, prepayments, and adjustments.
• Posting and review bills and expense reports.
• Perform account reconciliations, ensuring accuracy and timely completion.
• Tracking of credit card expenses on daily basis.
• Assist in closing ledgers and preparing supporting schedules for the month-end process.

Financial Reporting:

• Support the preparation of monthly financial statements, including income statements, balance sheets, and cash flow reports.
• Ensure compliance with accounting standards (e.g., GAAP or IFRS) in all reporting.
• Analyze variances and provide meaningful explanations to support management decisions.

General Ledger Maintenance:

• Maintain and reconcile general ledger accounts on a monthly basis.
• Investigate discrepancies and resolve reconciling items promptly.
• Ensure all transactions are recorded accurately and are supported by proper documentation.

Process Improvement:

• Identify areas for process automation and improvement within accounting operations.
• Collaborate with team members to streamline the month-end close process.

Compliance and Audit Support:

• Ensure adherence to internal controls and policies.
• Assist in external and internal audit activities by providing requested documentation and reports.

Qualifications and Skills

• Education: Bachelor's degree in Accounting, Finance, or related field.
• Experience: 1-3 years of experience in accounting, with exposure to month-end closing activities.
• Technical Skills:
• Proficiency in accounting software (e.g., QuickBooks, Rent Manager, AppFolio, SAP).
• Advanced knowledge of Excel (e.g., pivot tables, VLOOKUP, data analysis tools).
• Familiarity with ERP systems is a plus.
• Soft Skills:
• Strong analytical and problem-solving skills.
• Excellent attention to detail and organizational abilities.