Finance Executive

Basic Skill Requirements Accounts & Finance Executive

Area

Required Knowledge / Skill

Accounting Mandatory

Strong knowledge of basic accounting principles, debit/credit, journal entries, ledgers, trial balance, P&L, and balance sheet

Tally – Mandatory

Good working knowledge of Tally Prime—voucher entry, ledger creation, bank reconciliation, GST configuration, inventory if applicable, reports, and corrections

GST – Mandatory

Preparation and filing of GSTR-1, GSTR-3B, reconciliation of GSTR-2B, input tax credit, output GST, RCM, and basic GST compliance

TDS – Mandatory

TDS calculation, deduction, payment, and filing of 24Q, 26Q, and 27Q; Form 16/16A; TDS reconciliation; and handling notices/defaults

Banking

Bank reconciliation, online banking transactions, payment processing, and bank-related accounting

Accounts Payable

Vendor invoice verification, booking of invoices, vendor reconciliation, payment preparation, and outstanding analysis

Accounts Receivable

Customer invoicing, receipt accounting, customer reconciliation, outstanding/aging reports, and follow-up

Payroll Accounting

Basic knowledge of salary processing, PF, ESI, professional tax, TDS on salary and payroll-related accounting entries

Excel – Mandatory

Good knowledge of VLOOKUP, SUMIF/SUMIFS, COUNTIF, IF, pivot tables, filters, sorting, and basic data analysis

Fixed Assets

Fixed asset register, capitalization, depreciation, and basic accounting treatment

Audit Support

Ability to provide schedules, ledgers, invoices, confirmations, and supporting documents to auditors

Month-End Closing

Accruals, provisions, prepaid expenses, depreciation, outstanding expenses, and other month-end closing activities

Documentation

Proper maintenance of invoices, vouchers, statutory records, and agreements and saving supporting documents in the folders

Communication

Ability to communicate with vendors, customers, auditors, banks, consultants, and internal teams

Problem Solving

Ability to identify accounting discrepancies and independently investigate/reconcile them

Additional Knowledge – Preferred

For a 3–4-year experienced candidate, I would also prefer:

• Knowledge of Income Tax basics
• Knowledge of TDS under various sections, particularly 192, 194C, 194J, 194H, 194I, 194Q, etc.
• Knowledge of e-invoicing and e-way bills
• Basic understanding of advance tax and income-tax notices
• Knowledge of annual GST reconciliation / GSTR-9
• Basic knowledge of audit and financial statements
• Experience with statutory auditors / tax consultants
• Knowledge of MS Excel advanced functions
• Experience with foreign currency accounting and exchange-rate differences
• Knowledge of corporate banking portals

Suggested Minimum Candidate Profile

Experience: 3–4 years
Qualification: B.Com / M.Com / CA Inter / equivalent
Software: Tally Prime + MS Excel
Mandatory: Accounting + TDS + GST + Tally + Bank Reconciliation
Preferred: PF/ESI/PT + Payroll + MIS + Audit + Income Tax + Foreign Currency Transactions

Key expectation for a 3–4-year candidate

Day-to-day accounting GST TDS Bank reconciliation, bank transactions AP/AR Payroll-related accounting Month-end closing Audit support MIS reporting.