Finance Associate

Employer
Confidential
Location
Mohali
Posted
Jul 30, 2024
Closes
Sep 27, 2024
Ref
4736967150
Level
Associate
Certification
CMA: Preferred
Work Mode
Work from office
Hours
Full Time
Organization Type
Academia, Corporate
Job Purpose

To support the FP&A function in comprehensive & timely reporting.

Key Role: Support in updating Budget/Projection Templates, Monthly Schedules, reconciling & updating Budgets in SAP, and other MIS/ database requirements.

Furthermore, support in reconciling and accounting of PGP Fee & other ad-hoc accounting/reporting requirements at Mohali

Job Outline

Responsibilities include:

  • of monthly Management reports and schedules and providing insights and summaries to assist decision-making and planning processes.


  • Data collection, data hygiene/ clean-up, mapping, and presentation in the form of excel templates/schedules and ppt.


  • Actual Financial data for General Ledger (GL), Cost Centre (CC) & Fund usage, spot any irregularities and make necessary corrections.


Supporting Annual Budgeting process & quarterly projections as well as reporting on KPI's (including updating Budget templates)

Updating budgets in SAP, monitoring variances, and addressing queries related to budgets.

Accounting of Revenue including activities such as verification of receipts, reconciliation, and posting of transactions/invoices

Assisting with Ad hoc accounting and reporting needs of the Mohali Finance department as they arise ensuring flexibility and responsiveness to evolving financial demands.

Partnering & Collaborating with Finance & other stakeholders daily, fostering effective communication.

Identifying opportunities for process improvements & automation to increase the efficiency & effectiveness in reporting and analysis.

Communicate findings and insights to stakeholders through presentations and written reports.

Staying up to date with industry trends and best practices in reporting and analysis.

Knowledge / Education

Minimum: B.Com/ BBA

Desirable: CA/CMA Inter/ MBA Finance

Specific Skills

Interpersonal Skills, Good communication skills, Basic accounting knowledge, Advanced Excel Skills, Attention to Detail, Time Management, MS Office

Experience

Minimum: 1 year experience in Finance/Accounts

Job Interface/Relationships:

  • Other Departments
  • Internal and External Auditors


Key Responsibilities and % Time Spent

1

Monthly departmental budget vs. actual schedules, support in MIS preparation, coordination with departments for budget uploads/ routine queries for the School

70%

2

Revenue accounting and reconciliation and other support functions in the Finance Department

30%

Total Time Spent on All Responsibilities

100%

Skills: Time Management, Good Communication Skills, Ms Office, Interpersonal Skills

Experience: 1.00-3.00 Years