Finance Executive

*Company:* Rotex IT Solutions Pvt. ltd.

*Location:* Shahupuri 2nd Lane, Kolhapur, Maharashtra, India - 416001.

*Employment Type:* Full-Time

*Experience:* 1–3 Years

*Industry: Financial Services and IT

About the Company:

We are a growing organization operating in the financial services and IT ecosystem. We provide business solutions, operational support, technology, and related services to entrepreneurs and organizations interested in establishing and managing Forex brokerage businesses.

We are looking for a detail-oriented and responsible *Finance Executive* to support our finance and accounting operations.

Job Description:

The Finance Executive will be responsible for managing domestic and international financial transactions, monitoring multi-currency receivables and payables, coordinating foreign remittances, maintaining accurate financial records, and supporting cash flow management across multiple currencies.

The ideal candidate should possess strong accounting fundamentals, practical knowledge of international finance, foreign exchange fluctuations, banking operations, and cross-border payment processes. Experience working with offshore clients, international vendors, or an MNC setting will be an added advantage.

Key Responsibilities

1. International Finance & Multi-Currency Operations

- Manage financial transactions involving multiple currencies, including USD, EUR, GBP, AED, and other international currencies as applicable.

- Maintain accurate records of foreign currency receivables, payables, invoices, and settlements.

- Monitor exchange rate fluctuations and assess their impact on company revenue, expenses, and profitability.

- Track currency conversion differences, realized and unrealized foreign exchange gains or losses, and related accounting adjustments.

- Coordinate with banks, payment service providers, offshore clients, and international vendors for timely settlements.

- Reconcile foreign currency transactions against bank statements, invoices, payment confirmations, and accounting records.

- Monitor outstanding international payments and follow up on overdue receivables.

2. Accounts Receivable & Payable Management

- Prepare, verify, and process domestic and international invoices.

- Maintain client-wise and currency-wise receivable and payable reports.

- Track payment due dates, advance payments, partial settlements, and overdue invoices.

- Verify vendor bills, employee reimbursements, expense claims, and supporting documents.

- Coordinate with internal teams to resolve billing discrepancies and payment-related issues.

- Prepare ageing reports and provide regular updates on outstanding balances.

3. Foreign Exchange & Banking Operations

- Coordinate international inward and outward remittances with authorized banking channels.

- Assist in obtaining and verifying relevant foreign remittance documents, including applicable bank advices, remittance confirmations, and supporting documentation.





- Monitor foreign currency conversion rates and maintain transaction-wise exchange rate records.

- Assist in evaluating transaction timing and currency conversion implications for operational cash flows.

- Coordinate with banks regarding remittance charges, conversion rates, payment delays, and transaction discrepancies.

- Maintain proper documentation for cross-border transactions in accordance with applicable RBI and FEMA requirements.

4. Accounting, Reconciliation & Financial Reporting

- Maintain books of accounts and ensure accurate recording of all financial transactions.

- Perform bank reconciliations, ledger scrutiny, client account reconciliations, and vendor reconciliations.

- Prepare monthly financial summaries, expense statements, cash flow reports, and management information system (MIS) reports.

- Support month-end and year-end closing activities.

- Assist in preparing profit and loss statements, balance sheet schedules, and other financial reports.

- Ensure accurate accounting treatment of foreign currency transactions in accordance with applicable accounting standards and company policies.

5. Taxation, Compliance & Documentation

- Support GST compliance, TDS calculations, reconciliations, and return preparation as applicable.

- Assist with documentation and reporting requirements for export of services and foreign inward remittances.

- Maintain appropriate records for export invoices, bank realization documents, and applicable export-related compliance.

- Coordinate with Chartered Accountants, auditors, tax consultants, and banking representatives.

- Ensure financial documentation is accurate, complete, confidential, and audit-ready.

- Stay updated on applicable accounting, taxation, banking, and foreign exchange compliance requirements.

6. Budgeting, Cash Flow & Financial Analysis

- Monitor daily cash positions, bank balances, and upcoming payment obligations.

- Prepare short-term cash flow forecasts considering multi-currency receivables and payables.

- Analyse operating expenses, project-related costs, and budget variances.

- Identify payment delays, reconciliation gaps, and opportunities to improve financial processes.

- Provide management with financial insights to support business planning and decision-making.

- Assist in evaluating the impact of exchange rate movements on budgets and operating margins.

7. Internal Coordination & Process Improvement

- Coordinate with management, HR, operations, sales, and other departments for financial documentation and approvals.

- Maintain structured digital records of invoices, payment proofs, expense reports, and banking documents.





- Develop and maintain Excel-based financial trackers, dashboards, and reporting templates.

- Identify opportunities to automate repetitive accounting and reconciliation tasks.

- Ensure adherence to internal financial controls, approval matrices, and confidentiality policies.

Required Skills & Qualifications:

- Bachelor's degree in Commerce, Accounting, Finance, or a related discipline (B.Com preferred).

- M.Com, MBA Finance, CA Inter, or equivalent professional qualifications will be an added advantage.

- 2–5 years of relevant experience in finance and accounting, preferably in an MNC, IT services, export-oriented business, or international trading environment.

- Practical understanding of foreign currency transactions, exchange rate differences, and international payment processes.

- Strong knowledge of accounting principles, bank reconciliation, accounts payable, accounts receivable, and financial reporting.

- Working knowledge of GST, TDS, and relevant financial compliance requirements.

- Advanced proficiency in Microsoft Excel, including PivotTables, XLOOKUP/VLOOKUP, SUMIFS, COUNTIFS, and financial data analysis.

- Experience with accounting software or ERP systems such as Tally Prime, Zoho Books, QuickBooks, SAP, or similar platforms.

- Strong analytical, numerical, problem-solving, and reconciliation skills.

- Excellent attention to detail, time management, documentation, and communication skills.

- Ability to handle confidential financial information and meet strict reporting deadlines.

Preferred Qualifications:

* Experience in the *Financial Services, FinTech, Banking,* will be an added advantage.

* Knowledge of international business transactions and multi-currency financial operations is preferred.

* Understanding of financial compliance and documentation processes will be beneficial.

Preferred / Advanced Competencies

- Experience managing USD, EUR, GBP, AED, or other foreign currency transactions.

- Exposure to international wire transfers, SWIFT payments, foreign remittance processes, and bank documentation.

- Familiarity with export of services, foreign inward remittance documentation, and applicable FEMA/RBI requirements.

- Understanding of foreign exchange gain/loss accounting and period-end currency revaluation.

- Experience in multi-currency accounting systems and international financial reporting.

- Ability to create automated

What We Offer

* Chance to work in a growing and energetic and financial services ecosystem.

* Exposure to international business operations and financial processes.

* Professional growth and learning opportunities.

* Cooperative and performance-driven work environment.

* Competitive salary based on experience and skills.

*Join us and become part of an organization supporting the next generation of entrepreneurs and businesses in the global financial services ecosystem.*

Pay: ₹240,000.00 - ₹400,000.00 per year

Work Location: In person

📌 Finance Associate (Kolhapur)
🏢 Rotex It Solutions Private
📍 Kolhapur