United States
Sector
Keyword
Accountant
Bookkeeper
Accounts Receivables Executive
Accounts Payable Executive
Minimum - Bachelor?s Degree in Commerce/allied subjects or Diploma in Commercial Practice
Certified training for Accounts Executive (Accounts Payable & Receivables) (programme aligned to BSC/Q 0901 released by BFSI Sector Skill Council of India)
Preferably relevant work experience
The tasks an Accounts Executive (Accounts Payable & Receivables) is expected to perform include:Maintaining vendors? accounts
Making periodic payments to vendors
Maintaining customers? account
Raising customers? bills Filing and record-keeping
Doing accounting for credit purchases and credit sales
Knowledge of how to maintain suppliers? accounts
Knowledge of maintaining journals and ledgers
Adept in preparing delivery challans
Able to raise customers? bills Working knowledge of National Electronic Fund Transfer (NEFT) transactions Sound knowledge of accounting principles
Knowledge of computer applications like MS Excel, MS Word, Tally, MS Power
Point, etc.Knowledge of financial concepts like calculation of interest, VAT, service tax, etc.Sound understanding of accounting processes
Preferably training offered by respective financial institutions
Problem solving attitude
Team player
Highly motivated and self-driven Good analytical skills
Good communication skills
Integrity
Ability to multitask
It is a desk job
Need not handle a team
Travelling is not a part of this job role
Part-time work may not be available
Work from home option is not available
Working hours
Companies usually work for 5/6 days a week and 8/9 hours everyday.This may vary from company to company
Shift system is not available
Is the job suitable for a candidate with special needs?Maybe
This job is not considered hazardous or dangerous
One may develop occupational hazards like backache, poor eyesight, stress etc. if not taken care of
For freshers - INR 25,000 to INR 28,000 per monthFor candidates with 2 to 5 years?experience -INR 33,000 to INR 35,000 per month(These figures are indicative and subject to change)
Overview of India?s BFSI Industry
The banking &financial system of the country plays a substantial role in promoting the long-term growth of the economy. The major segments of the industry are banking, insurance and mutual funds.
Based on the expected growth in the Banking and Financial Services Industry (BFSI), it is expected that about 8.4 million people would be employed in thisindustry. The incremental human resource requirement between 2008 and 2022 is expected to be about 4.2 million.
The majority of the incremental requirement is in the financial intermediary segment which is primarily driven by planned development, such as JnNURM, of cities and towns where the financial services penetration is low.
Banks Small and medium organizations/companies Multinational companies
Towns and cities across India
Will be updated
Central Institute of Vocational Education
Indian Institute of Banking and Finance
The Institute of Professional Accountants
