Finance Analyst (Surat)

Finance Analyst (Surat)

27 Oct
|
SLIC
|
Surat

27 Oct

SLIC

Surat

Timing - 6am - 3pm

Working days - 6 days

Week off - Sundays

Roles & Responsibilities

1. Accounts Payable Operations

- Review, verify, and process vendor invoices, employee reimbursements, and other payable transactions in accordance with

company policies and procedures.

- Ensure all invoices are supported by appropriate documentation, approvals, and necessary financial information before processing.
- Monitor invoice due dates and ensure timely processing and payment to vendors and service providers.
- Maintain accurate records of Accounts Payable transactions and supporting documentation.
- Review invoice coding, payment details, and supporting documents for accuracy and compliance.

2. Vendor Management

- Coordinate with vendors regarding invoices, payment schedules, account statements, and payment-related queries.
- Reconcile vendor statements and investigate and resolve discrepancies in a timely manner.
- Maintain and update vendor master records to ensure accuracy and completeness.
- Monitor outstanding vendor balances and payment commitments.
- Maintain professional vendor relationships through effective communication and timely resolution of issues.

3. Financial Analysis & Reporting

- Prepare Accounts Payable ageing reports, vendor balance reports, and payment forecasts.
- Analyse expenditure and vendor payment trends to identify patterns, variances, and opportunities for cost optimisation.
- Prepare periodic reports related to payables, outstanding liabilities, vendor balances, and payment commitments.
- Analyse financial data and provide actionable insights to support financial planning and management decision-making.
- Assist management with ad-hoc financial analysis, reporting, and financial information requirements.
- Develop and maintain financial dashboards and performance tracking reports.

4. Reconciliation & Financial Controls

- Perform regular reconciliation of vendor accounts, payment records, and General Ledger balances.
- Identify, investigate, and resolve discrepancies related to invoices, payments, vendor balances, and accounting records.




- Ensure appropriate internal controls are followed throughout Accounts Payable and financial transaction processes.
- Ensure compliance with accounting standards, company financial policies, and established financial controls.
- Support month-end and year-end closing activities, particularly those related to Accounts Payable and financial reporting.
- Review accounting records to identify errors, unusual transactions, or control gaps.

5. Fixed Asset Management

- Maintain and update the Fixed Asset Register (FAR) with complete and accurate asset records.
- Record asset acquisitions, transfers, disposals, and retirements in accordance with company policies and applicable accounting

standards.

- Ensure appropriate asset capitalization and classification.
- Calculate and record depreciation and amortization accurately and within prescribed timelines.
- Conduct periodic verification of fixed assets and coordinate physical asset audits.
- Investigate and reconcile discrepancies between physical assets and accounting records.
- Support asset tagging, tracking, and lifecycle management.
- Prepare fixed asset schedules and reports for management review and audit purposes.

6. Compliance & Audit Support

- Ensure compliance with applicable tax regulations, statutory requirements, accounting standards, and company policies.
- Maintain complete and organised financial records and supporting documentation.
- Assist internal and external auditors by providing required financial documents, reconciliations, schedules, and explanations.
- Support audit requirements related to Accounts Payable, Fixed Assets, reconciliations, and financial controls.
- Identify potential compliance gaps and escalate them appropriately.

7. Process Improvement & Automation

- Identify opportunities to improve Accounts Payable and finance processes.




- Analyse existing workflows and recommend improvements to enhance efficiency, accuracy, and control.
- Assist in implementing automation and system improvements for invoice processing, approval workflows, payment processing,

reconciliation, and financial reporting.

- Contribute to the development and maintenance of financial dashboards and performance reports.
- Identify repetitive manual activities and recommend opportunities for automation.

8. Stakeholder Coordination

- Collaborate with internal departments to ensure accurate invoice coding, documentation, approvals, and timely payment

processing.

- Coordinate with procurement, operations, HR, management, and other relevant departments on financial matters.
- Participate in meetings related to financial operations, process improvement, reporting, and system implementation.
- Act as a finance point of contact for resolving invoice, payment, reconciliation, and vendor-related issues.

Required Qualifications

- Chartered Accountant (CA) – Mandatory.
- Strong understanding of accounting principles, financial controls, taxation, and financial reporting.
- Strong understanding of Accounts Payable and vendor accounting processes.
- Valuable knowledge of Fixed Asset Accounting and depreciation.
- Strong analytical and problem-solving skills.
- Excellent attention to detail and accuracy.
- Strong understanding of reconciliations and financial controls.
- Ability to analyse financial data and present meaningful insights to management.
- Strong communication and stakeholder coordination skills.

Technical Skills

- Advanced Microsoft Excel skills.
- Strong knowledge of accounting/ERP systems.
- Experience with financial reporting and MIS.
- Knowledge of reconciliation and financial analysis tools.
- Understanding of automation and process improvement in finance operations.
- Knowledge of financial dashboards and reporting systems will be an advantage.

Pay: ₹70,000.00 - ₹100,000.00 per month

Benefits:

- Food provided
- Health insurance

Application Question(s):

- Charted Accountant

Work Location: In person

📌 Finance Analyst (Surat)
🏢 SLIC
📍 Surat

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