A Finance Associate manages an organization's day-to-day financial operations and supports strategic planning. This role bridges accounting and corporate strategy, focusing on financial reporting, budgeting, forecasting, and data analysis to drive profitability and ensure compliance. A standard Finance Associate job description includes the following key elements:
Key Responsibilities
- Financial Analysis & Reporting: Analyze financial data, build forecasts, and prepare detailed reports on financial performance to guide management decisions.
- Budgeting & Forecasting: Assist in developing annual budgets and track variances to identify cost-saving opportunities and control spending.
- Day-to-Day Accounting: Manage Accounts Payable (AP) and Accounts Receivable (AR), process vendor invoices, and oversee payroll inputs.
- Reconciliation & Audits: Reconcile bank statements, ledger accounts, and assist with internal or external audits during tax season.
- Compliance: Ensure all financial transactions align with local tax codes, regulatory standards, and corporate governance.
Qualifications & Requirements
- Education: Bachelor's degree in Finance, Accounting, Economics, or Business Administration. Master’s degree or professional certifications like a CPA or CMA are distinct advantages.
- Experience: Typically 1 to 3 years of experience in a financial or accounting role.
- Technical Skills: Advanced proficiency in Microsoft Excel (VLOOKUP, Pivot Tables) and hands-on experience with financial software and ERPs (e.g., SAP, Oracle).
Pay: ₹18,000.00 - ₹21,000.00 per month
Benefits:
- Food provided
- Provident Fund
Work Location: In person