**Job Summary:**
The Finance Executive plays a crucial role in managing and overseeing financial operations within the organization. This role involves working closely with the finance team to ensure accurate financial recording, reporting, analysis, and compliance with financial regulations. The Finance Executive will be responsible for various financial tasks that contribute to the organization's financial health and decision-making processes.
**Key Responsibilities:**
1. **Financial Reporting:**
- Prepare and analyze financial statements, including income statements, balance sheets, and cash flow statements.
- Generate monthly, quarterly, and annual financial reports for management and stakeholders.
- Ensure accuracy and completeness of financial data in the reporting process.
2. **Budgeting and Forecasting:**
- Assist in the development of annual budgets and financial forecasts.
- Monitor actual financial performance against budgeted figures.
- Identify variances and provide insights to management for informed decision-making.
3. **Accounts Payable and Receivable:**
- Manage accounts payable process, including invoice processing, payment scheduling, and vendor communication.
- Oversee accounts receivable functions, including customer invoicing, payment collection, and reconciliations.
4. **Financial Analysis:**
- Conduct financial analysis to support strategic initiatives, investment decisions, and cost-saving measures.
- Perform profitability analysis, trend analysis, and scenario modeling.
5. **Cash Management:**
- Monitor cash flow and liquidity to ensure adequate funds are available for operations.
- Optimize cash utilization and minimize idle cash balances.
6. **Tax Compliance:**
- Ensure compliance with tax regulations, including timely fi