Varel Energy Solutions (VES) is one of the world's largest independent manufacturer and suppliers of downhole drilling and completions products to the energy sector. VES offers an exciting and rapid paced work environment, attractive benefits, and competitive pay. If you're looking to invest in your career development, Varel Energy Solutions is the right place for you. The accountant will be responsible for managing accounting, banking, and treasury operations for an export/import-oriented manufacturing business. The role requires hands-on experience in banking coordination, trade finance activities, export documentation, statutory compliance, and financial reporting while ensuring adherence to company policies and regulatory requirements
Manage day-to-day accounting and banking operations
Handle treasury-related activities including fund management and banking transactions
Coordinate with banks for LC, BG, foreign remittances, and other trade finance requirements
Ensure smooth processing and monitoring of export/import documentation and banking compliance
Prepare monthly MIS, profitability analysis, and financial reports
Validate freight invoices, maintain freight rate masters,



and post accruals as required
Process vendor invoices using 3-way matching and ensure GST/TDS compliance
Follow up on customer collections and support DSO improvement initiatives
Manage fixed asset accounting including capitalization, reconciliation, and depreciation accounting
Support payroll inputs and statutory compliance activities including PF, ESI, PT, and TDS
Compute and track export incentives such as RoDTEP and GST refunds
Validate Incoterms in contracts and shipping documents
Coordinate with cross-functional teams including logistics, operations, and finance for smooth execution of financial processes
Maintain proper documentation for audits and regulatory reviews
Ensure adherence to internal controls, company policies, and statutory regulations
Education and/or Experience:
CA with any graduation specialization in Accounting/Taxation or related field
Strong understanding of revenue recognition, statutory compliance, and trade finance practices
Knowledge of export incentives, payroll compliance, and financial reporting frameworks

📌 Banking Accountant Treasury (Faridabad)
🏢 Varel Energy Solutions
📍 Faridabad