Job Description: Account Executive job in Sector 58

www.makhijaplacement.com

Company Overview-Account Executive job in Sector 58

Account Executive job in Sector 58 | Manufacturing Company is a well-established manufacturing company located in Ballabhgarh, Faridabad, Haryana. The company specializes in producing high-quality products for various industries, including automotive, engineering, and industrial applications. With a strong commitment to excellence, innovation, and customer satisfaction, Manufacturing Company has built a reputation as a trusted name in the manufacturing sector.

As part of our growth strategy, we are looking to expand our finance and accounting team by hiring a skilled and detail-oriented Account Executive. This position plays a critical role in ensuring the smooth and efficient management of the company’s financial operations. The Account Executive will be responsible for managing day-to-day accounting tasks, ensuring compliance with financial regulations, and supporting the overall financial health of the company.

Job Summary-Account Executive job in Sector 58

The Account Executive at Manufacturing Company will be responsible for handling the full spectrum of accounting functions, including maintaining financial records, preparing financial statements, reconciling accounts, and ensuring timely payments and collections. The ideal candidate will have 2-3 years of experience in accounting and a strong understanding of accounting principles, financial reporting, and tax regulations.

This role requires a high level of accuracy, attention to detail, and the ability to work independently while collaborating with other team members. The Account Executive will report to the Finance Manager and work closely with various departments, including procurement, sales, and operations, to ensure that all financial transactions are processed accurately and in compliance with company policies.

Key Responsibilities-Account Executive job in Sector 58

1. Financial Record Maintenance
– Recording Transactions: The Account Executive will be responsible for recording all financial transactions, including sales, purchases, receipts, and payments, in the company’s accounting system. This ensures that the financial records are accurate and up-to-date.
– Maintaining Ledgers: You will maintain general ledgers, accounts payable, and accounts receivable ledgers, ensuring that all entries are posted correctly and reconciled at the end of each accounting period.
– Documenting Financial Data: Properly document and store all financial records, such as invoices, receipts, and bank statements, to ensure easy access during audits and financial reviews.

2. Accounts Payable and Receivable Management
– Managing Vendor Payments: The Account Executive will be responsible for processing payments to vendors, ensuring that all invoices are approved, recorded, and paid on time. This includes verifying the accuracy of invoices, tracking payment due dates, and coordinating with the procurement department for payment approvals.
– Customer Billing and Collections: You will handle customer invoicing, ensuring that invoices are generated accurately and sent out in a timely manner. You will also be responsible for following up with customers on outstanding payments and ensuring that collections are made within the agreed payment terms.
– Reconciling Accounts: Regularly reconcile accounts payable and receivable balances with vendor statements and customer records to ensure that all discrepancies are identified and resolved. This includes coordinating with the sales and procurement teams to address any discrepancies in billing or payment records.

3. Bank Reconciliation and Cash Management
– Bank Reconciliation: The Account Executive will perform monthly bank reconciliations to ensure that the company’s cash records are consistent with bank statements. This includes identifying and resolving any discrepancies between the company’s records and bank transactions.
– Monitoring Cash Flow: You will be responsible for monitoring the company’s cash flow, ensuring that sufficient funds are available to meet operational expenses, vendor payments, and payroll obligations. This includes preparing cash flow reports and forecasts for management review.
– Processing Bank Transactions: The Account Executive will process all bank transactions, including electronic fund transfers (EFT), checks, and wire transfers, ensuring that payments are made accurately and in accordance with company policies.

4. Financial Reporting and Analysis
– Preparing Financial Statements: The Account Executive will prepare monthly, quarterly, and annual financial statements, including the income statement, balance sheet, and cash flow statement. These reports provide an accurate picture of the company’s financial performance and are used by management for decision-making purposes.
– Generating Financial Reports: You will be responsible for generating financial reports, such as accounts payable aging reports, accounts receivable aging reports, and expense reports. These reports help the management team track financial performance and identify areas for improvement.
– Budgeting and Forecasting: Assist the finance team in preparing budgets and financial forecasts. This includes analyzing historical financial data and providing input on expected revenues and expenses for future periods.

5. Tax Compliance and Regulatory Filings
– Managing Tax Filings: The Account Executive will be responsible for ensuring that the company complies with all tax regulations, including Goods and Services Tax (GST), income tax, and other statutory filings. This includes preparing and filing tax returns, maintaining proper documentation, and working with external auditors or tax consultants when required.
– Handling Tax Deductions: Ensure that all applicable tax deductions, such as TDS (Tax Deducted at Source), are calculated accurately and deducted on time. This includes maintaining records of tax payments and ensuring that they are filed in accordance with regulatory requirements.
– Staying Updated on Tax Laws: You will stay informed about changes in tax laws and regulations that may affect the company’s financial operations. This includes advising management on potential tax liabilities and opportunities for tax savings.

6. Internal Controls and Compliance
– Implementing Internal Controls: The Account Executive will assist in implementing and maintaining strong internal controls to ensure the integrity of financial data and prevent fraud or errors. This includes reviewing financial transactions for accuracy and ensuring that all company policies and procedures are followed.
– Audit Support: You will provide support during internal and external audits by preparing financial statements, reports, and supporting documentation. This includes coordinating with auditors and providing any additional information or clarifications as needed.
– Ensuring Compliance: Ensure that all financial activities comply with company policies, accounting standards, and legal regulations. This includes monitoring compliance with statutory requirements such as tax filings, payroll processing, and financial reporting.

7. Coordination and Communication
– Collaborating with Departments: The Account Executive will collaborate with other departments, such as procurement, sales, and operations, to ensure that all financial transactions are processed smoothly. This includes communicating with department heads to resolve any discrepancies in invoices, payments, or account records.
– Customer and Vendor Communication: You will maintain positive relationships with customers and vendors by addressing any billing or payment concerns. This includes responding to inquiries, resolving disputes, and ensuring that all financial transactions are processed in a timely and accurate manner.
– Providing Financial Advice: You may be required to provide financial advice to the management team on matters such as cash flow management, cost control, and financial planning. This includes identifying areas where the company can improve its financial performance and reduce costs.

Required Skills and CompetenciesAccount Executive job in Sector 58

– Accounting Knowledge: Strong understanding of accounting principles, financial reporting, and tax regulations.
– Attention to Detail: High level of accuracy and attention to detail when handling financial transactions and records.
– Analytical Skills: Ability to analyze financial data and generate meaningful insights for management.
– Communication Skills: Strong communication skills, both written and verbal, to interact with customers, vendors, and team members.
– Time Management: Ability to prioritize tasks, meet deadlines, and manage multiple responsibilities simultaneously.
– Proficiency in Accounting Software: Experience using accounting software such as Tally, SAP, or QuickBooks to manage financial transactions and generate reports.
– Problem-Solving: Ability to identify discrepancies in financial records and find effective solutions.
– Team Collaboration: Ability to work collaboratively with other team members to ensure smooth financial operations.
– Knowledge of Tax Laws: Familiarity with tax laws and regulations related to GST, TDS, and other statutory requirements.

Qualifications and Experience-Account Executive job in Sector 58

– Education: Bachelor’s degree in Commerce, Accounting, Finance, or a related field.
– Experience: 2-3 years of experience in accounting, preferably in a manufacturing or industrial environment.
– Technical Skills: Proficiency in accounting software (Tally, SAP, or QuickBooks) and Microsoft Excel. Strong analytical and reporting skills are essential.

How to Apply-Account Executive job in Sector 58

Interested candidates are encouraged to apply by submitting their resume and cover letter to [email protected] or through the company’s website. We look forward to receiving applications from qualified candidates who are ready to contribute to the financial success of Manufacturing Company

Makhija Placement
☎️:- +91-9136437977, 8920508558
📧:[email protected]
🌐:-www.Makhijaplacement.com

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