14 Oct
|
Lab Iconics Technologies
|
Hyderabad
14 Oct
Lab Iconics Technologies
Hyderabad
: Accounts, Finance & Administration Executive / Manager
Company: Lab Iconics Technologies LLP
Department: Business Operations
Location: Hyderabad, Telangana
Experience: 3 - 6 Years
Employment Type: Full-time
Qualification: B.Com / M.Com / MBA (Finance) or equivalent qualification
Role Overview
We are looking for a detail-oriented and proactive Accounts, Finance & Administration professional to manage day-to-day accounting, financial operations, statutory compliance coordination, cash flow monitoring, and office administration.
The ideal candidate should have hands-on experience in accounting, GST and TDS compliance, vendor and customer management, banking operations, financial reporting, and administrative activities. The candidate will work closely with the management team to ensure financial accuracy, compliance, and smooth business operations.
Key Responsibilities
1. Accounts & Accounting Operations
- Manage day-to-day accounting, bookkeeping, and financial transactions.
- Maintain purchase, sales, expense, journal, and general ledger entries.
- Manage accounts payable, accounts receivable, vendor payments, and customer collections.
- Prepare customer invoices, debit notes, credit notes, and payment follow-ups.
- Perform bank, vendor, customer, and ledger reconciliations.
- Maintain accurate accounting records and supporting documentation.
- Track employee reimbursements, travel expenses, advances, and petty cash.
2. Finance & Financial Reporting
- Monitor daily cash flow, bank balances, outstanding receivables, and upcoming payments.
- Prepare monthly financial statements, MIS reports, expense summaries, and management reports.
- Support budgeting, forecasting, cost control, and financial planning.
- Track project-wise revenue, software implementation costs, customer advances, and pending payments.
- Monitor customer payment milestones, including advance payments and milestone-based billing.
- Prepare accounts receivable ageing and payable ageing reports.
- Assist management in evaluating profitability, operating expenses, and working capital requirements.
- Coordinate with management and external accountants or auditors for financial reviews and audits.
3.
Taxation & Statutory Compliance
- Handle GST-related accounting, invoice verification, and return preparation or coordination.
- Manage TDS calculations, deductions, payments, and return filing coordination.
- Maintain statutory records and ensure compliance calendars are followed.
- Coordinate with Chartered Accountants, auditors, and tax consultants for GST, income tax, LLP compliance, and annual filings.
- Support preparation of documents for statutory audits, tax audits, and other financial assessments.
- Ensure proper documentation and reconciliation of input tax credit and tax liabilities.
4. Banking & Treasury Operations
- Coordinate bank transactions, fund transfers, payment processing, and bank documentation.
- Track customer receipts and vendor payment schedules.
- Maintain cash flow forecasts and highlight potential cash shortages to management.
- Support banking-related documentation, loan or credit facility requirements, and financial records where applicable.
5. Office Administration
- Manage office operations, facilities, utilities, and maintenance requirements.
- Coordinate office supplies, procurement, vendor management, and service contracts.
- Maintain employee records, attendance records, leave data, and administrative documentation.
- Coordinate travel bookings, accommodation, meetings, and other employee requirements.
- Support onboarding documentation and general HR administration.
- Maintain company assets, inventory, and records of issued equipment.
- Ensure office policies, documentation, and administrative processes are followed.
6. Management Support & Process Improvement
- Provide timely financial and administrative reports to management.
- Maintain organised digital records and confidential financial information.
- Identify opportunities to improve accounting processes, expense controls, and reporting accuracy.
- Establish and maintain standard operating procedures for finance and administration.
- Support internal controls, audit readiness, and process compliance.
- Coordinate with sales, project implementation, HR, and management teams to obtain accurate financial information.
Required Skills & Competencies
- Solid knowledge of accounting principles and financial reporting.
- Practical experience with GST, TDS, invoicing, and statutory compliance coordination.
- Proficiency in Tally Prime, Zoho Books, or equivalent accounting software.
- Good working knowledge of Microsoft Excel, including formulas, PivotTables, and financial reports.
- Experience managing receivables, payables, reconciliations, and cash flow.
- Strong organisational, analytical, and problem-solving skills.
- Good communication and coordination skills.
- High attention to detail, integrity, and confidentiality.
- Ability to manage multiple responsibilities independently.
Experience Requirements
- 3 - 6 years of relevant experience in accounts, finance, and administration.
- Experience in an IT, SaaS, software services, consulting, or technology company is preferred.
- Experience coordinating with Chartered Accountants, auditors, banks, vendors, and customers.
- Exposure to project-based billing, customer advances, and milestone-based payments is an advantage.
Key Performance Indicators (KPIs)
- Timely and accurate accounting entries and financial reports.
- On-time completion of GST, TDS, and other applicable compliance activities.
- Accuracy of bank and ledger reconciliations.
- Timely customer invoicing and collection follow-ups.
- Effective control of outstanding receivables and overdue payments.
- Timely vendor payments as per approved schedules and cash flow.
- Accuracy of monthly MIS, expense reporting, and cash flow forecasts.
- Efficient office administration and maintenance of company records.
Reporting Structure Reports to: Management / Director / Manager
Internal Coordination: Sales & Business Development, Project Implementation, HR, and Management teams.
📌 Finance Accounts And Administration Executive (Hyderabad)
🏢 Lab Iconics Technologies
📍 Hyderabad