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 SOPConsolidation and reporting of all KPI's and management reportsFull analysis of shipment creation from Billing (SAP and Yard Logistics) aspect and Identify revenue leakage (additional Billing) and determine solutions to avoid in futureUsage of Fuel control and analysis vehicle wise reportPerforms 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 IFRPMonthly BSS (Balance Sheet Substantiation) for 2 entitiesFreight revenue/ margin report and incentive workingProject Support as per Management deliverable/ timelines What you will do:
Sales Report:
Automotive Revenue Report by Activity on Monthly basisFreight Revenue and Margin Report On Monthly basis Monthly report:
Volume Report by Brand/ Location and movementRebate Computation on quarterly basis as per agreement with Port AuthorityStanding Guarantee Report from Customs Authority and status /reconciliation Reconciliation:
Two reconciliation:
• Fuel pump consumptionRevenue and cost of sales.
Operations (AFL):
Invoice / Cost related mattersCostingMonitor Cash invoiceFuel reporting Sales (AFL):
Customer detailsKnowledge on the customerQuery response Finance and Finance Support Team:
Overheads analysisOverheads comparison with BudgetReview of risk and opportunities on the businessBudget support Management:
Monthly reportsMonthly commercial reportMISIFRP Update Required Skills to be successful:
CA qualified with 4 years' experienceAnalytical skillsPositive attitude & flexibleGood communications skills About the Team:
You will be reporting to Finance ManagerWhat equips you for the role:
Profession qualification of CA or ACCA4 years in Finance includes 6 years in Freight Management and commercial &/or operation supportWorking in Logistics Company will be added advantageUnderstand 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.