Junior Accountant
Year Jntu Kukat Pally, Hyderabad, Telangana, India
Job Description
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As a Junior Accountant in the pharmaceutical industry, you will play a vital role in supporting financial operations and ensuring compliance with industry regulations. Your responsibilities will encompass various aspects of accounting and finance, with a focus on maintaining accurate financial records and providing timely financial information to support decision-making processes within the organization. Roles and Responsibilities:
+91 8125394001
As a Junior Accountant in the pharmaceutical industry, you will play a vital role in supporting financial operations and ensuring compliance with industry regulations. Your responsibilities will encompass various aspects of accounting and finance, with a focus on maintaining accurate financial records and providing timely financial information to support decision-making processes within the organization. Roles and Responsibilities:
- Financial Recordkeeping:
- Maintain accurate and up-to-date financial records, including accounts payable, accounts receivable, general ledger entries, and other accounting transactions.
- Ensure adherence to accounting principles and regulatory requirements specific to the pharmaceutical industry, such as GAAP (Generally Accepted Accounting Principles) and pharmaceutical industry standards.
- Accounts Payable and Receivable:
- Process accounts payable invoices, verify accuracy, and ensure timely payment to vendors and suppliers.
- Monitor accounts receivable, generate customer invoices, and follow up on overdue payments to maintain healthy cash flow.
- Expense Management:
- Review and reconcile employee expense reports, ensuring compliance with company policies and approval procedures.
- Track and analyze expenses, identifying opportunities for cost-saving measures and efficiency improvements.
- Financial Reporting:
- Assist in preparing financial statements, reports, and analyses to provide management with insights into the company\'s financial performance.
- Participate in the month-end and year-end closing processes, including journal entries, reconciliations, and variance analysis.
- Budgeting and Forecasting:
- Support the budgeting and forecasting processes by gathering relevant financial data, assisting in the preparation of budgets, and analyzing variances against budgeted figures.
- Compliance and Auditing:
- Assist in ensuring compliance with regulatory requirements and internal controls related to financial reporting and accounting practices in the pharmaceutical industry.
- Support internal and external audit processes by providing documentation, explanations, and assistance as needed.
- Financial Analysis:
- Conduct financial analysis to evaluate business performance, identify trends, and provide insights to management for decision-making purposes.
- Assist in conducting cost-benefit analyses for investment decisions and strategic initiatives within the organization.
- Bachelor\'s degree in Accounting, Finance, or related field.
- Previous experience in accounting or finance roles, preferably within the pharmaceutical industry.
- Knowledge of accounting principles and practices, including experience with financial statement preparation and analysis.
- Familiarity with accounting software systems, such as SAP, Oracle, or QuickBooks.
- Strong analytical skills and attention to detail.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.
- Ability to prioritize tasks, manage multiple deadlines, and work in a fast-paced environment.
- Health insurance
- Leave encashment
- Life insurance
- Provident Fund
- Day shift
- Yearly bonus
- Bachelor\'s (Required)
- Accounting: 1 year (Required)
- Tally: 1 year (Required)
- total work: 1 year (Required)
- Jntu Kukat Pally, Hyderabad, Telangana (Required)
- Jntu Kukat Pally, Hyderabad, Telangana: Relocate before starting work (Required)
+91 8125394001
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Job Detail
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Job IdJD3254028
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IndustryNot mentioned
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Total Positions1
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Job Type:Full Time
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Salary:Not mentioned
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Employment StatusPermanent
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Job LocationJntu Kukat Pally, Hyderabad, Telangana, India
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EducationNot mentioned
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ExperienceYear