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Vacancy For Bachelor’s (Accounting Or Finance) As Finance Associate With Thence At Bangalore

Company: Thence
Location: Bengaluru/Bangalore

Required Skills: Bachelor’s (Accounting Or Finance) , Finance Associate
Required Exp: 3 to 5 years
Address: Bangalore
Category: Others

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  • Accounting: Recording of all Accounting entries including payments and receipts, adjustment entries, Bank entries, Invoices and bills, income and expenses etc in Quickbooks online accounting software.
  • Financial Reporting:
    • Weekly reporting of revenue, progress, profitability, delays in project completions, delays in collection, DSO Analysis, Cashflow Analysis, etc.
    • Monthly reporting of Profit and Loss analysis, monthly payouts, monthly invoicing and revenue collections, and other MIS reports.
    • Reporting of Revenue Estimates and Cash flows on weekly and Monthly basis.
    • Representing Finance team in Weekly and Monthly stakeholder meetings with presentation on current standings and other relevant data.
  • Statutory compliance: Working and filing of Monthly, Quarterly, Half yearly and Annual returns of TDS, PF, PT, ESI and GST.
  • Banking functions: Opening and Closing of FDs, Renewal and enhancement of OD, Bank reconciliation, Payments, Clearance of Inward Remittances etc. Uploading payments in Maker-Checker facility of Bank.
  • Budgeting and Cost control: Budgeting for quarter, half year and financial year, revising the budget based on changes in income and expenditures, Salary revisions, Changes in workforce and other key factors.
  • Analyzing and Reporting of Budget Vs Actual revenue and expenditures and taking necessary actions to stick to budget and to control cost.
  • Internal audit and Preparation and Finalizing Annual Financial Statements.
  • Assisting auditors in Auditing of books of accounts and in filing annual returns.
  • Assisting Company Secretary for filing various forms such as DIR3, DPT, INC22, Annual ROC filings etc and ensuring timely filing.
  • Documentation: Documenting NDAs, Contract agreements, Bills and Invoices, Policies, Statutory registers, statutory payment challans, Audited financials, acknowledgements etc.
  • Structuring Payroll with components which are most beneficial to employees based on the recent budget and The Finance Act.
  • Payroll: Complete Payroll working, Computerized processing and accounting payroll expenses. Calculation and processing of Full and Final settlements of relieved employees.
  • Cash: Handling petty cash.
  • Handling Accounts Payables and Accounts Receivables.
  • Legal Support: MSME Samadhaan related works, Assisting legal adviser regarding notice to defaulters, documentations, followups etc.
  • Onboarding of Clients – Framing agreements based in Templates, Documentation etc
  • Assets Handling – Purchase of Softwares and Laptops from Online Platforms, Selling old assets, Accounting and adjustments in Assets Ledger.
  • Guide Admin and IT Associate – License adherence, Co-ordinating with License and Hardware vendors for quotes and payments, Managing purchases and Renewal of Softwares, etc.

Skills Required

  • Accounting
  • Statutory Filings
  • Ownership Quality
  • Analyzing information and reporting
  • Attention to detail
  • Deadline-oriented
  • Confidentiality
  • Thoroughness
  • Corporate finance and Banking
  • Tally and Quickbooks
  • Communication skills


  • Bachelor’s degree in accounting or finance
  • 2+ years’ experience in Accounting and auditing.
  • Proficient in MS Excel and other MS Office products

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Date Posted:03-Dec-2021
Posted By: Abhinash kumar jha
Views 262

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Vacancy For Bachelor’s (Accounting Or Finance) As Finance Associate With Thence At Bangalore