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Finance Accountant

Job Title: Finance Accountant
Location: Hyderabad (On-site)
Job Type: Full-Time

Job Overview:
We are seeking a detail-oriented and highly disciplined Finance Accountant to join our team. The ideal candidate will be responsible for maintaining financial accuracy, ensuring compliance, and managing end-to-end accounting operations in line with company standards.

Key Responsibilities:

1. Financial Reporting & Accuracy

  • Prepare and finalize monthly Profit & Loss (P&L) statements within 48 hours of month-end
  • Ensure reconciliation between sales reports and bank deposits
  • Identify and report any financial variances in a timely manner

2. Bookkeeping & Accounting Discipline

  • Maintain full accounting cycle (recording to financial statements)
  • Record daily financial transactions with proper classification
  • Manage payment, receipt, and journal vouchers
  • Ensure all entries are supported with proper documentation

3. Cash Flow & Receivables Management

  • Monitor receivables and maintain low Days Sales Outstanding (DSO)
  • Prepare weekly aging reports for corporate clients
  • Track and manage vendor payments to ensure smooth operations

4. Payroll & Expense Control

  • Process salaries, wages, and commissions accurately and on time
  • Monitor operational expenses (OPEX) against budget
  • Report and justify any budget variances

5. Fixed Assets & Inventory Coordination

  • Maintain and update Fixed Asset Register
  • Record monthly depreciation as per standards
  • Coordinate with inventory/production teams for accurate stock records

6. Audit & Compliance

  • Conduct internal audits and ensure policy compliance
  • Maintain records for external audit readiness
  • Ensure proper tax filings and regulatory compliance

7. Investor Reporting & Documentation

  • Maintain accurate investor ledgers
  • Ensure financial transparency and readiness for executive review

Requirements:

  • Bachelor’s degree in Accounting, Finance, or related field
  • Strong knowledge of accounting principles and financial reporting
  • Proficiency in MS Excel and accounting software
  • High attention to detail and accuracy
  • Strong analytical and problem-solving skills
  • Good communication skills
  • Ability to handle pressure and meet deadlines

Preferred:

  • Female candidates preferred
  • Experience in handling full accounting cycle
  • Familiarity with audits, compliance, and financial controls

What We Offer:

  • Competitive salary package
  • Professional work environment
  • Growth and career development opportunities
  • Exposure to structured financial systems and reporting

Job Type: Full-time

Work Location: In person

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