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Junior Accountant

Employer
Verifitech Services - India
Location
Chennai Chennai Tamil Nadu, Tamil Nadu, India
Salary
10000 - 15000 INR per month
Closing date
Mar 10, 2024

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Job Role
Assistant Accountant
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Position Overview:

As a Junior Accountant at our Background Verification Company, you will play a pivotal role in assisting the finance team with various accounting tasks and ensuring the accuracy and integrity of financial data. Your attention to detail, strong analytical skills, and willingness to learn will contribute to the smooth financial operations of the company.

Key

Responsibilities:


Financial Data Entry and Maintenance:
  • Input financial transactions, invoices, expenses, and payments accurately into the accounting software/system.
  • Maintain organized and up-to-date financial records for easy retrieval and reference.

Accounts Receivable and Accounts Payable Support:
  • Assist in generating invoices and sending them to clients in a timely manner.
  • Help monitor and follow up on overdue client payments.
  • Review vendor invoices, ensure accuracy, and assist in processing payments.

Bank Reconciliation:
  • Assist in reconciling bank statements with accounting records on a regular basis.
  • Investigate and resolve any discrepancies between the bank statements and records.

Expense Tracking and Reimbursements:
  • Support the tracking and verification of employee expenses and receipts.
  • Assist in processing employee expense reimbursements and ensure compliance with company policies.

Financial Reporting Assistance:
  • Contribute to the preparation of basic financial reports, such as balance sheets and income statements.
  • Collaborate with senior accountants to compile financial data for reporting purposes.

Documentation and Filing:
  • Maintain orderly and well-organized financial documents and records.
  • Assist in preparing documentation for audits and reviews.

Data Analysis:
  • Assist in analyzing financial data to identify trends, patterns, and discrepancies.
  • Support senior accountants in generating insights for financial decision-making.

Compliance and Regulations:
  • Familiarize yourself with relevant financial regulations and assist in ensuring compliance with accounting standards and company policies.

Collaboration and Learning:
  • Collaborate with cross-functional teams, including operations and administration, to exchange accurate financial information.
  • Participate in training sessions to enhance your accounting knowledge and skills.

Process Improvement:
  • Identify opportunities to streamline and improve accounting processes.
  • Suggest ideas for enhancing the accuracy and efficiency of financial operations.

Qualifications and Skills:
  • Bachelor's degree in Accounting, Finance, or a related field.
  • Entry-level position; previous internship or coursework in accounting is a plus.
  • Basic understanding of accounting principles and concepts.
  • Proficiency in using Microsoft Excel and other MS Office applications.
  • Strong attention to detail and organizational skills.
  • Excellent verbal and written communication skills.
  • Ability to work both independently and as part of a team.
  • Eagerness to learn and develop accounting knowledge and skills.
  • Problem-solving mindset and a proactive approach to tasks.

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