Assistant Manager - Accounts for Oil & Gas Industry based in Mumbai

Job Description:

Key Objectives

The accounts executive is responsible for applying accounting principles and procedures to analyses financial information, prepare accurate and timely financial reports and statements and ensure appropriate accounting control procedures.

 Dimensions 

• To report to the Financial Controller and assist him in full financial matters
• Ensure all bookings, payments are made in conjunction with the line manager and per the standards
• Ensure all deadlines are made in terms compliances

 Principle Responsibilities 

• Compile and analyses financial information to prepare financial statements including monthly and annual accounts
• Ensure financial records are maintained in compliance with accepted policies and procedures
• Assist in Transaction Processing- Accounts Payable, Corporate Accounting, Funds /Treasury Management etc
• Prepare financial management reports
• Ensure accurate and timely monthly, quarterly and year end close
• Establish and monitor the implementation and maintenance of accounting control procedures
• Resolve accounting discrepancies and irregularities
• Continuous management and support of budget and forecast activities
• Monitor and support taxation issues
• Develop and maintain financial data bases
• Financial audit preparation and coordinate the audit process
• Ensure accurate and appropriate recording and analysis of revenues and expenses
• Analyses and advise on business operations including revenue and expenditure trends, financial commitments, and future revenues
• Analyse financial information to recommend or develop efficient use of resources and procedures, provide strategic recommendations and maintain solutions to business and financial problems
• Processing, verifying, and posting receipts for goods sold or services rendered.
• Researching and resolving account discrepancies.
• Processing and recording transactions.
• Maintaining records regarding payments and account statuses.
• Obtaining information from other departments to ensure records are accurate and complete and that accounts receivable ledgers and journals are up to date.
• Working with the collections department to review accounts, client payments, credit history, and develop new or better repayment terms.
• Performing administrative tasks, such as data entry, preparing invoices, sending bill reminders, filing paperwork, and contacting clients to discuss their accounts.
• Generating reports and statements for internal use.