Financial Accountant

ALTERNATE TITLES Finance Manager, Financial Accountant & Analyst, Financial Planner & Accountant DEPARTMENT Finance COMPANY Project X REPORT TO CEO We are looking for a skilled financial accountant and analyst to maintain our financial records, including purchases, sales, receipts and payments. Job duties include working closely with Accounting team to create and analyse financial reports and ensure legal requirements compliance, process accounts payable and receivable and manage invoices and tax payments. Our ideal candidate holds a Commerce degree and is familiar with accounting software packages, like Zoho, Tally ERP. Ultimately, the responsibilities are to accurately record all day-to-day financial transactions of our company. ABOUT COMPANY Founded in 2020 by Tarang Sanghi, Project X is an innovation lab, based in Jaipur, RJ (India) at its stealth-startup phase. Our lab's designed to create and launch new companies, products and services. It's invaluable in jump-starting novel ideas that can either disrupt or complement existing companies. We draw from our cross-functional expertise and collaborate to create these new offerings. We come up with new ideas, execute them, and iterate until the idea is fully implemented. For more details: www.tarangsanghi.com THE PROJECT(s) The summary of the key project(s) they will be undertaking will come here. Foundation accounts setup for new and upcoming ventures. Complete all historic accounting records. SCENARIO Environment- Startup - You will be working in a startup environment. Fresh / Established- You are the first person in the accounts team, and will be expected to set up the department. AREA OF RESPONSIBILITIES PLANNING Develops a system to account for financial transactions by establishing a chart of accounts; defining bookkeeping policies and procedures. Plan accounts strategy for all the group companies and units. BOOKKEEPING Maintains historical records by filing documents. Maintain an accurate record of financial transactions. Maintains records of financial transactions by establishing accounts; posting transactions; ensuring legal requirements compliance. Maintains subsidiary accounts by verifying, allocating, and posting transactions. Maintain - Journal Vouchers, Ledger, Cashbook, Trading Account, P&L Account, and Balance Sheet. Reconciliation of accounts - Bank, and account reconciliation. Handle payroll in a timely manner REPORTING Prepares financial reports by collecting, analysing, and summarising account information and trends. Monitor any variances from the projected budget. Increase productivity by developing automated reporting/forecasting tools. COORDINATION Coordination with CA for filing of returns and audits. Conducting daily banking activities Contributes to team effort by accomplishing related results as needed. COMPLIANCE Complies with central, state, and local legal requirements by studying requirements; enforcing adherence to requirements; filing reports; advising management on needed actions. ADDITIONAL SKILL SET (Financial Planner) Experienced in handling international purchase and sales. Advising on investment activities and provide strategies that the company should take Analyze costs, pricing, variable contributions, sales results and the company’s actual performance compared to the business plans. Requirements Years of Relevant Experience- 5+ Education & Work experience- We prioritize skills over degrees but Bachelor’s degree in accounting, finance, or related field. Software and Applications- Microsoft Excel- High Level Proficiency, Quickbooks, ZohoBooks, Tally ERP or other applications. Skills- Advanced Mathematical Skills, Strong fluency with Excel formulas and functions, Strong analytical and data gathering skills. Should have experience in: Handling accounting in a Group company and multi-business scenario example, e-commerce, consulting, hospitality, investments and VC. Qualities & Capabilities- Strong knack for details. Produce work with a high level of accuracy. Professionalism and organisation skills. Very procedure oriented. Tech friendly, and quick to learn. Benefits We offer competitive compensation and benefits.