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BorgWarner

Executive - Finance & Accounts

Posted 2 Days Ago
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Talegaon, Chandur bazar, Amravati, Maharashtra
Entry level
Talegaon, Chandur bazar, Amravati, Maharashtra
Entry level
The Accounts Executive supports daily accounting operations, including transaction processing, reconciliations, reporting, and compliance, ensuring accuracy and adherence to accounting standards.
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The Accounts Executive is responsible for supporting the day-to-day accounting operations within the manufacturing company. This role involves assisting with financial record-keeping, transaction processing, account reconciliations, and reporting. The ideal candidate will have a strong understanding of accounting principles, excellent attention to detail, and the ability to work effectively in a fast-paced manufacturing environment

  • Transaction Processing:
    • Process invoices, purchase orders, and receipts with accuracy and timeliness.
    • Ensure proper coding and documentation of all financial transactions.
    • Record and reconcile bank deposits and payments.
    • Handle vendor invoice processing including verification, matching, and coding after performing a 3-way Match.
    • Process employee expense claims in accordance with company policy.
  • Accounts Payable (AP) & Accounts Receivable (AR):
    • Assist with maintaining accurate accounts payable records.
    • Prepare and process payments to vendors on a timely basis.
    • Respond to vendor inquiries and resolve payment discrepancies.
    • Assist with maintaining accurate accounts receivable records.
    • Track customer payments and assist with collection efforts.
  • Bank Reconciliation:
    • Perform daily and monthly bank reconciliations.
    • Identify and resolve any discrepancies between bank statements and company records.
  • General Ledger Maintenance:
    • Assist in maintaining the accuracy of the general ledger.
    • Post journal entries as needed.
    • Assist with month-end and year-end closing processes.
    • Perform reconciliations of key balance sheet accounts.
  • Financial Reporting & Analysis:
    • Assist in the preparation of financial reports (e.g., P&L, Balance Sheet).
    • Support with variance analysis and identify potential issues.
    • Prepare schedules and reports as required by the Finance Manager.
  • Compliance:
    • Adhere to all relevant accounting standards, regulations, and company policies.
    • Maintain confidentiality of financial information.
    • Support in GST/ TDS/TCS reconciliations and return fillings.
  • Other Duties:
    • Provide support to the finance team as required.
    • Assist with ad-hoc projects and tasks as needed.
    • To be familiar with all company policies and programs and follow them.
    • To actively participate in the company safety programs to achieve the yearly safety goals.

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Top Skills

Accounting Principles
Financial Reporting
Gst
Tcs
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