02 Nov
|
KRAFT Solutions
|
Sarjapura
02 Nov
KRAFT Solutions
Sarjapura
Job Description – Finance Trainee
Job Title: Finance Trainee
Department: Finance & Accounts
Job Location: Bangalore (Work from Office)
Experience: Fresher / 0–1 Year
Employment Type: Full-Time
Qualification: MBA in Finance / M.Com (Mandatory)
About the Role
We are looking for a motivated, detail-oriented, and enthusiastic Finance Trainee to join our Finance & Accounts team. The selected candidate will receive hands-on training in financial operations, invoice management, bank reconciliation, statutory compliance, payroll coordination, and payment processing.
This role provides an excellent opportunity for fresh graduates to gain practical exposure to corporate finance operations while working closely with internal teams and external finance vendors.
Key Roles & Responsibilities
1. Invoice Management
- Assist in preparing, reviewing, validating, and processing client and vendor invoices.
- Maintain accurate invoice records and ensure timely submission and processing.
- Coordinate with internal stakeholders and vendors to resolve invoice discrepancies.
2. Bank Reconciliation & Financial Transactions
- Perform bank statement reconciliation and verify financial transactions.
- Identify and resolve discrepancies between bank statements and accounting records.
- Maintain accurate records of daily financial transactions.
3. Payment Processing & Statutory Compliance
- Assist in processing vendor payments, employee reimbursements, and other financial payouts.
- Support TDS and GST calculations, deductions, payments, and return-filing activities.
- Ensure timely coordination of statutory payments and compliance requirements.
4. Payroll & Statutory Knowledge
- Assist in payroll processing, salary calculations, and payroll reconciliation.
- Develop practical knowledge of statutory requirements, including PF, ESI, Professional Tax, TDS,
and GST.
- Coordinate with payroll and compliance vendors to ensure accuracy and timely processing.
5. Finance Vendor Coordination
- Work closely with external finance, accounting, taxation, and payroll vendors.
- Follow up on financial documentation, statutory filings, payment processing, and compliance-related activities.
- Ensure effective communication and timely resolution of finance-related queries.
6. Payment Tracking & Financial Reporting
- Track accounts payable and accounts receivable.
- Monitor outstanding invoices, pending payments, and payment collections.
- Maintain payment trackers and prepare periodic financial status reports.
7. Cash Flow Management
- Monitor and maintain records of cash inflows and outflows.
- Assist in preparing cash flow statements and financial summaries.
- Support financial planning by maintaining accurate records of receipts, payments, and outstanding balances.
Educational Qualifications
- MBA in Finance or M.Com is mandatory.
- Fresh graduates with a strong understanding of accounting and finance fundamentals are encouraged to apply.
- Basic knowledge of taxation, accounting principles, and statutory compliance is preferred.
Required Skills & Competencies
- Good understanding of basic accounting and financial concepts.
- Proficiency in Microsoft Excel and MS Office applications.
- Basic knowledge of TDS, GST, payroll, and statutory compliance.
- Strong numerical, analytical,
and problem-solving skills.
- Good communication and interpersonal skills.
- High attention to detail and accuracy in financial documentation.
- Ability to maintain confidentiality of financial and employee information.
- Willingness to learn and work collaboratively with internal teams and external vendors.
Compensation & Training Structure
Initial Training Period: 6 Months
- Training Stipend: ₹15,000 per month.
- Training Duration: 6 months.
- Post-Training Compensation: ₹3.6 LPA (CTC), subject to successful completion of training and satisfactory performance evaluation.
- Employment Commitment: Selected candidates will be required to enter into a 1-year employment service agreement (bond) following successful completion of the 6-month training period, subject to applicable law and the terms of the agreement.
What We Offer
- Practical exposure to end-to-end corporate finance and accounting operations.
- Hands-on experience in taxation, payroll, statutory compliance, and vendor management.
- Opportunity to work closely with experienced finance professionals and external consultants.
- Structured training with opportunities for professional development.
- Career progression into a full-time Finance & Accounts role upon successful completion of training.
Pay: ₹15,000.00 per day
Perks:
- Health insurance
- Life insurance
Ability to commute/relocate:
- Sarjapura, Bengaluru, Karnataka: Reliably commute or planning to relocate before starting work (Preferred)
Application Question(s):
- Are you willing to start with a Stipend of ₹15,000 per month for 6 months Training, post successful completion, 3.6 LPA.
- Are you willing for an Employment Bond of 1 Year post Training
- Are you an Immediate Joiner
Work Location: In person
📌 Finance Trainee (Sarjapura)
🏢 KRAFT Solutions
📍 Sarjapura