14 Oct
|
JOHNAIC
|
Bengaluru
JOHNAIC is looking for a newly qualified Chartered Accountant to manage and take ownership of the company's day-to-day finance and accounting operations.
This is a hands-on role covering accounting, bookkeeping, payroll, salary payments, invoicing, GST and TDS compliance, banking relationships, Letters of Credit (LCs), working-capital facilities, company loans, and financial reporting.
The ideal candidate should have a strong foundation in accounting and taxation, an understanding of corporate finance, and the confidence to coordinate directly with banks, financial institutions, vendors, and external professionals.
Key Responsibilities
1. Accounting and Bookkeeping
• Maintain accurate books of accounts and financial records.
• Record and reconcile sales, purchases, expenses, receipts, and payments.
• Perform regular bank, vendor, customer, and ledger reconciliations.
• Ensure accounting entries and supporting documents are complete and properly maintained.
• Assist with monthly and annual closing of accounts.
• Coordinate with external auditors and tax professionals as required.
2. Payroll and Salary Payments
• Prepare monthly salary calculations and employee payout schedules.
• Coordinate and process employee salary payments.
• Maintain payroll records and supporting documentation.
• Manage payroll-related deductions and statutory requirements.
• Ensure salaries and other employee payments are processed accurately and on time.
3. Invoicing and Receivables
• Generate customer invoices accurately and on time.
• Track outstanding invoices and customer receivables.
• Coordinate with internal teams to ensure invoices contain the required information.
• Follow up on pending customer payments where necessary.
• Maintain proper documentation for customer billing and collections.
4. GST, TDS and Statutory Compliance
• Generate and manage e-way bills wherever applicable.
• Handle vendor-related TDS calculations, deductions, and documentation.
• Coordinate GST-related activities, including invoice validation and reconciliation.
• Maintain records and documentation required for statutory filings.
• Coordinate with external tax consultants, Company Secretaries, and other professionals as required.
5. Banking and Treasury
• Act as a key point of contact between JOHNAIC and its banking partners.
• Coordinate with banks regarding current accounts, working-capital facilities, loans, and other banking requirements.
• Assist in discussing and negotiating commercial terms, interest rates, processing fees, collateral requirements, and other financing conditions, subject to management approval.
• Prepare financial information and documentation required by banks.
• Coordinate documentation and processes for Letters of Credit (LCs) and other trade-finance facilities.
• Monitor company cash flows, payment obligations, and banking requirements.
6. Loans and Working Capital
• Support the evaluation and arrangement of suitable loan and working-capital facilities.
• Prepare financial statements, management information reports (MIS), projections, and other information required by lenders.
• Coordinate with banks and financial institutions throughout the loan sanction and documentation process.
• Track repayment schedules, interest payments, and loan-related documentation.
• Assist management in evaluating the financial implications of different financing options.
7. Financial Reporting and MIS
• Prepare regular financial and management reports.
• Provide management with information on cash flow, receivables, payables, expenses, and liabilities.
• Assist in preparing budgets, cash-flow projections, and financial forecasts.
• Identify discrepancies, overdue payments, and potential cash-flow issues and bring them to management's attention.
8. Vendor and Payment Management
• Verify vendor invoices and supporting documents before processing payments.
• Maintain vendor ledgers and payment records.
• Coordinate vendor-related TDS requirements.
• Ensure payments are processed according to approved schedules.
• Resolve accounting and payment-related queries with vendors.
9. Internal Controls and Process Improvement
• Establish and maintain effective finance and accounting processes.
• Ensure appropriate documentation and approval procedures are followed.
• Identify accounting discrepancies and potential financial risks and escalate them to management.
• Improve the efficiency and accuracy of finance operations through automation and better processes.
Ideal Candidate Profile
• Newly qualified Chartered Accountant (CA); freshers are encouraged to apply.
• Strong understanding of accounting principles, taxation, GST, TDS, and financial statements.
• Good understanding of banking, corporate finance, loans, and working-capital facilities.
• Comfortable communicating and coordinating with banks and financial institutions.
• Strong working knowledge of Microsoft Excel and Google Sheets.
• Familiarity with accounting software or ERP systems.
• Excellent analytical, problem-solving, and communication skills.
• Solid attention to detail and ability to work independently.
• Comfortable working in a fast-paced startup environment.
• Willingness to take end-to-end ownership of finance and accounting operations.
What This Role Offers
• Hands-on exposure to the complete finance and accounting function of a growing technology company.
• Direct interaction with banking partners and financial institutions.
• Practical experience in corporate finance, working-capital management, loans, and trade finance.
• Opportunities to work closely with management on financial planning and decision-making.
• The opportunity to build and improve finance processes with significant ownership and responsibility.
Location: Bengaluru, Karnataka
Compensation: ₹6–8 LPA
Experience: Newly Qualified Chartered Accountant / Fresher
Job Type: Full-time
📌 Chartered Accountant - Fresher (Bengaluru)
🏢 JOHNAIC
📍 Bengaluru