Job Summary: Toonz Animation is seeking a diligent and detail-oriented Finance Executive to join our finance department. The Finance Executive will be responsible for supporting various financial operations, ensuring accurate record-keeping, compliance with regulations, and contributing to sound financial decision-making. This role requires a strong understanding of accounting principles, excellent analytical skills, and proficiency in financial software.
Key Responsibilities:
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Financial Reporting & Analysis:
- Assist in the preparation of accurate and timely financial statements, including profit and loss statements, balance sheets, and cash flow statements.
- Support the preparation of periodic financial reports for management, stakeholders, and regulatory bodies.
- Conduct basic financial analysis to identify trends, variances, and opportunities for improvement.
- Assist in the preparation of budgets and forecasts, monitoring actual performance against budgeted figures.
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Accounts Management:
- Manage accounts payable (A/P) and accounts receivable (A/R) processes, including invoicing, payment processing, and collection.
- Perform bank and other account reconciliations to ensure accuracy and resolve discrepancies.
- Maintain accurate and up-to-date financial records and documentation.
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Cash Flow Management:
- Monitor daily cash flow, ensuring adequate liquidity for operational needs.
- Assist in preparing cash flow forecasts.
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Compliance & Audit:
- Ensure compliance with relevant financial regulations, accounting standards (GAAP, IFRS), and company policies.
- Assist in the preparation for internal and external audits, providing necessary documentation and explanations.
- Ensure timely payment and filing of statutory dues (TDS, GST, Professional Tax, PF, etc.).
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System & Process Improvement:
- Contribute to the continuous improvement of financial systems, processes, and internal controls.
- Identify and implement efficiencies in financial workflows.
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Collaboration:
- Collaborate with various departments to gather financial insights and provide financial support for operational decisions.
- Communicate effectively with vendors, clients, and internal stakeholders regarding financial matters.
Skills and Qualifications:
- Education: Bachelor's degree in Finance, Accounting, Commerce, Business Administration, or a related field.
- Experience: 1-4 years of experience in a finance or accounting role.