Associate Accountant

Roles and responsibilities

• Maintain all aspects of billing. Monitor departments activities/ revenue on a daily/weekly basis and submit Monthly auto units billing to the customer as per the agreed SOP
• Consolidation and reporting of all KPI’s and management reports
• Full analysis of shipment creation from Billing (SAP and Yard Logistics) aspect and Identify revenue leakage (additional Billing) and determine solutions to avoid in future
• Usage of Fuel control and analysis vehicle wise report
• Performs discovery and analysis for the purpose of documenting workflow, processes and needs.
• Creates business requirements and analyses functional / technical specification to ensure needs are addressed.
• Preparation of Automotive Logistics Budget and Forecast as per Group Timeline and update the same in IFRP
• Monthly BSS (Balance Sheet Substantiation) for 2 entities
• Freight revenue/ margin report and incentive working
• Project Support as per Management deliverable/ timelines
  

What you will do:

Sales Report:

• Automotive Revenue Report by Activity on Monthly basis
• Freight Revenue and Margin Report On Monthly basis
  

Monthly report:

• Volume Report by Brand/ Location and movement
• Rebate Computation on quarterly basis as per agreement with Port Authority
• Standing Guarantee Report from Customs Authority and status /reconciliation
  

Reconciliation:

• Two reconciliation:-
• Fuel pump consumption
• Revenue and cost of sales.
  

Operations (AFL):

• Invoice / Cost related matters
• Costing
• Monitor Cash invoice
• Fuel reporting
  

Sales (AFL):

• Customer details
• Knowledge on the customer
• Query response
  

Finance and Finance Support Team:

• Overheads analysis
• Overheads comparison with Budget
• Review of risk and opportunities on the business
• Budget support
  

Management:

• Monthly reports
• Monthly commercial report
• MIS
• IFRP Update
  

Required Skills to be successful:

• CA qualified with 4 years' experience
• Analytical skills
• Positive attitude & flexible
• Good communications skills
  

About the Team:

You will be reporting to Finance Manager

What equips you for the role:

• Profession qualification of CA or ACCA
• 4 years in Finance includes 6 years in Freight Management and commercial &/or operation support
• Working in Logistics Company will be added advantage
• Understand the business to develop / introduce reports and have the operational knowledge to know activities for analysing the financials.

Desired candidate profile

1. Financial Recordkeeping:

• Bookkeeping: Recording all financial transactions in the company’s ledger, ensuring accurate classification of revenues, expenses, assets, and liabilities.
• General Ledger Maintenance: Ensuring that all journal entries are accurate and recorded according to the accounting principles.
• Accounts Payable and Receivable: Managing the company’s payments to vendors (payables) and collecting payments from customers (receivables).

2. Financial Reporting:

• Preparing Financial Statements: Preparing the balance sheet, income statement, cash flow statement, and statement of changes in equity on a regular basis (e.g., monthly, quarterly, or annually).
• Compliance: Ensuring that financial statements comply with Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS), depending on the regulatory environment.
• Budgeting and Forecasting: Assisting in preparing budgets, forecasts, and financial projections based on historical data and company goals.

3. Tax Preparation and Compliance:

• Tax Filing: Preparing tax returns (corporate, income, sales tax, etc.) and ensuring compliance with tax laws.
• Tax Planning: Advising on tax-efficient strategies for the business to minimize tax liabilities while remaining compliant with local, state, and federal regulations.
• Handling Audits: Assisting with internal and external audits, providing necessary documentation, and resolving any discrepancies.

4. Cost Analysis and Financial Analysis:

• Cost Accounting: Analyzing the cost structure of products or services and helping the organization manage expenses, such as direct and indirect costs.
• Variance Analysis: Comparing budgeted figures to actual performance and analyzing differences to understand financial results and recommend adjustments.
• Financial Ratios and Metrics: Using financial ratios (e.g., profitability, liquidity, and solvency ratios) to assess the company’s performance and provide insights into business decisions.

5. Internal Controls and Risk Management:

• Internal Audits: Monitoring the internal control systems to ensure the accuracy of financial records, prevent fraud, and maintain compliance with regulations.
• Risk Management: Identifying and addressing financial risks, ensuring that the company has appropriate insurance coverage, and protecting assets from theft or mismanagement.

6. Payroll Management:

• Employee Compensation: Ensuring accurate processing of payroll, including calculating wages, tax deductions, and benefits.
• Payroll Compliance: Ensuring payroll complies with labor laws, tax laws, and other legal requirements.

7. Account Reconciliation:

• Bank Reconciliation: Reconciliation of bank statements to ensure the company’s financial records match with the bank’s records.
• Account Reconciliations: Ensuring that all balance sheet accounts are properly reconciled at the end of each reporting period.

8. Advisory and Consultation:

• Financial Advice: Providing management with advice on business decisions, financial health, investments, and opportunities for cost-saving.
• Strategic Planning: Assisting in long-term financial planning and strategic decisions based on the analysis of financial data.