GRM Technologies

• Salary:
• Location: Chennai
• Key Skills: Accounting

Job Description:

Job description Roles and Responsibilities Greetings from GRM Technologies!!! Job Summary We are seeking a highly organized, detail-oriented, and proactive Finance Officer to manage and oversee the organizations end-to-end finance and accounting operations in compliance with applicable Indian financial, taxation, payroll, labor, and statutory regulations. The role will be responsible for handling accounting operations, accounts receivable, procurement, payroll processing, bank reconciliation, GST and statutory compliance, invoicing, collections, reimbursements, vendor management, financial reporting, and related operational finance activities. The ideal candidate should possess strong knowledge of Indian accounting practices, taxation frameworks, payroll compliance, and financial controls. Key Roles & Responsibilities Finance & Accounting Maintain accurate books of accounts and financial records in accordance with Indian accounting standards and company policies. Manage day-to-day accounting activities including journal entries, ledger management, vouchers, accruals, and month-end/year-end closing activities. Handle accounts payable and accounts receivable processes efficiently. Prepare financial statements, MIS reports, expense reports, cash flow reports, and management reports. Monitor daily financial transactions and maintain proper accounting documentation. Coordinate with external auditors, consultants, banks, and regulatory authorities during audits and reviews. Ensure implementation and adherence to financial controls, accounting procedures, and internal policies. Bank Reconciliation & Cash Management Perform periodic bank reconciliations for all corporate bank accounts. Reconcile bank statements with accounting records and investigate discrepancies. Monitor cash flow, bank balances, and fund utilization. Maintain records of bank transactions, online payments, receipts, and fund transfers. Coordinate with banks for account-related activities, documentation, and payment processing. Accounts Receivable (AR) & Collections Manage end-to-end accounts receivable processes including invoice tracking, customer account reconciliation, and payment follow-ups. Generate customer invoices and ensure timely billing as per contractual or operational requirements. Monitor outstanding receivables and prepare aging analysis reports. Follow up with customers for timely collections and overdue payments. Coordinate with internal stakeholders and customers to resolve invoice discrepancies and payment-related issues. Maintain accurate records of receipts, credit notes, adjustments, and customer statements. Support cash flow management through proactive receivable monitoring and collection management. Procurement & Purchase Management Manage procurement and purchasing activities in accordance with company procurement policies and approval processes. Handle vendor onboarding, quotation comparison, purchase order processing, and vendor coordination. Ensure proper documentation and record maintenance for procurement activities. Coordinate with internal departments regarding procurement requirements and delivery timelines. Monitor vendor payments and maintain vendor reconciliation records. Payroll & Employee Benefits Process monthly payroll accurately and within defined timelines. Manage employee salary processing, reimbursements, leave adjustments, incentives, and final settlements. Handle statutory deductions including Provident Fund (PF), Employee State Insurance (ESI), Professional Tax (PT), and Tax Deducted at Source (TDS). Ensure compliance with payroll-related statutory and labor law requirements. Maintain payroll records and coordinate with HR for employee-related financial matters. GST, Taxation & Statutory Compliance Prepare and file GST returns, TDS returns, PF filings, ESI filings, Professional Tax filings, and other statutory returns within prescribed timelines. Reconcile GST input and output tax credits and maintain supporting documentation. Ensure compliance with Indian taxation laws, labor laws, and financial regulations. Coordinate with consultants for income tax, ROC filings, audits, and statutory compliance matters. Maintain proper statutory records, registers, and audit documentation. Support internal and external audits by providing required financial information and evidence. Reimbursements & Expense Management Review, verify, and process employee reimbursement claims in accordance with company policies. Validate supporting documents, approvals, and expense justifications. Monitor operational and administrative expenses for compliance and budget control. Maintain proper expense records and supporting documentation. Invoicing & Billing Prepare and issue invoices, debit notes, credit notes, and customer statements. Ensure accurate billing in alignment with contracts, purchase orders, and approved quotations. Coordinate with internal teams for billing milestones and payment tracking. Maintain invoice records and billing documentation for audit and reconciliation purposes. Compliance & Documentation Maintain confidentiality, integrity, and security of financial and payroll information. Support implementation of finance-related SOPs, policies, and process improvements. Ensure proper maintenance and archival of financial records and statutory documents. Assist management in budgeting, forecasting, and financial planning activities. Ensure all finance and accounting activities are aligned with applicable Indian laws and organizational policies. Role: Finance Executive Industry Type: IT Services & Consulting Department: Finance & Accounting Employment Type: Full Time, Permanent Role Category: Finance Education UG: B.Com in Commerce PG: MBA/PGDM in Finance, ICWA (CMA) in Any Specialization Doctorate: MPHIL in Finance Key Skills Skills highlighted with ‘‘ are preferred keyskills MIS PreparationBank Reconciliation StatementGst ReturnBalance Sheet ReconciliationTally Accounting Vendor PaymentsGst ReconciliationVendor ReconciliationBank ReconciliationGst FillingTDS Return