Trainee

QX Global Group; Ahmedabad District; On-site; INR 250,000 - 420,000; Full time

Job summary

QX Global Group is seeking an entry-level accounting professional to join our finance team in Ahmedabad. You will support Accounts Payable, Accounts Receivable and Credit Control functions, handling invoicing, accruals, prepayments and journal entries with supervision.

You will assist in preparing month-end reports, variance analyses, and notes on financial results, while liaising with internal stakeholders and clients to resolve queries and ensure timely payments.

Qualifications

• Candidate should hold a commerce-related degree and demonstrate basic accounting knowledge.
• Good communication and problem-solving abilities are essential to handle stakeholder queries.
• Proficiency in presenting financial information and working in teams is important.

Responsibilities

• Manage AP/AR processes, invoicing, collections and reconciliation.
• Record accruals, prepayments and journal entries as required.
• Prepare month-end management reports and variance analysis.
• Support credit control with aging reports and collections activities.
• Coordinate with internal teams and clients via calls/emails to resolve queries.

Skills

Strong communication

Problem-solving

Stakeholder management

Presentation skills

Teamwork & multitasking

Education

B.Com/M.Com/MBA (Commerce)

Job description

Management Accounting:

• Preparation of month-end management reports and prelims efficiently.
• Recording Accruals for Expenses and Income.
• Recording Prepayments existing and new, and release prepayments.
• Recording Journal entries based on various sources/inputs.
• Ledger scrutiny after updating Nominal Ledger activity.
• Variance analysis - Comparison of Actual vs Budget/Forecast.
• Providing Notes and commentaries for the Income, expenses or its variances.
• Finalizing and Discussing the P&L & B/s numbers and addressing queries of internal and client stakeholders via calls/emails.

Accounts Payable:

• Supplier invoice processing with payment run.
• Supplier query management.
• Internal expense management.
• Staff expense processing and payment run.
• 2-way / 3-way matching reconciliation.
• Vendor setup and reconciliation.
• Assistance with audit queries.
• Assistance with inter-department dependencies.
• Preparing and analyzing the aged creditor reports.

Accounts Receivable:

• Create invoices according to company practices; submit invoices to customers.
• Maintain accounts receivable records to ensure aging is up to date, credits and collections are applied, uncollectible amounts are accounted for, and miscellaneous differences are cleared.
• Monitor and collect accounts receivable by contacting clients via telephone and email
• Work with the collections department to review accounts, client payments, credit history, and develop new or better repayment terms.
• Handle audit queries and provide details of audit samples.
• Perform administrative and clerical tasks, such as data entry, preparing invoices, sending bill reminders, and contacting clients to discuss their accounts.
• Preparing and analyzing the aged debtors reports.
• Customer setup and reconciliation.

Credit Control:

• Chase debts via calls and emails.
• Manage and monitor customer credit accounts to ensure timely payment of outstanding invoices.
• Work on aged debt reports.
• Daily aged debt chasing.
• Work on unallocated cash.
• Maintain accurate records of all customer interactions, payment details, and collection efforts.
• Prepare and distribute regular reports on accounts receivable status, aging, and collection progress.
• Updating daily / weekly MIS Reporting for Customers.

Required Qualifications:

• B.COM/MCOM/MBA (Commerce Graduate)
• 0-12 months of experience in accounting or related fields.
• Strong communication and problem-solving skills.
• Excellent stakeholder and client management abilities.
• Proficiency in presentation skills.
• Ability to work effectively in a team and manage multiple tasks.