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Finance Executive

OfBusiness · Bhiwadi

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Employer requisition: AB33

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Collected role description

OfBusiness Group is India’s largest and most efficient supply chain platform, which serves as a one-stop solution for small and medium businesses to alleviate all major pain points—market discovery, raw materials, financing, and digital transformation—everything served to customers at their fingertips, us being tech-enabled. We are positioned as one of India's largest & most profitable unicorns that is following a relentless pursuit of excellence and unparalleled growth. The span of our business portfolio, wherein each venture excels in its respective domain, includes: Raw Material Aggregation B2B Financing Manufacturing & Processing B2B Tech Platforms Key Responsibilities: ● Post and process journal entries to ensure accurate recording of all business transactions. ● Maintain and update company accounts in Tally, ensuring accuracy in all entries and keeping records up to date. ● Handle banking operations including processing payments, performing bank reconciliations, and understanding payment cycles. ● Ensure timely and accurate payments to vendors and suppliers, tracking and reconciling accounts payable and receivable. ● Monitor and manage inventory, maintaining accurate records of stock movements (inward and outward) and generating inventory reports. ● Conduct periodic inventory verification and reconciliation to ensure physical stock matches recorded data. ● Assist in the preparation of financial reports, including profit & loss statements and balance sheets, in line with company policies and regulatory requirements. ● Support month-end and year-end accounting processes and audits. ● Track and assist in cash flow management, helping report on the company’s financial status. ● Ensure compliance with basic accounting principles, applying the correct use of debit and credit in all transactions. Required Skills and Qualifications: ● A minimum of 2 years of relevant accounting experience. ● Strong proficiency in Tally, including experience with journal entries, account maintenance, and financial reporting. ● Solid understanding of basic accounting concepts, with experience in applying these concepts to daily activities. ● Proven experience in managing and verifying inventory, including regular stock checks and maintaining accurate inventory records. ● Proficient in MS Excel, with the ability to create and manage financial reports and spreadsheets. ● High attention to detail and the ability to maintain organized and accurate financial records. ● Strong ability to work independently and as part of a team in a fast-paced environment. Competitive salary Stable role in a growing B2B/industrial setup Exposure to sourcing, vendors & inventory management Learning and growth in purchase & stores operations Cross-functional working environment

Collected experience requirement

2+ years