Finance Assistant

The Finance Assistant at Five Star Group of Industries plays a vital role in supporting the financial operations by managing day-to-day accounting tasks and ensuring accurate financial record-keeping. This position requires strong attention to detail, proficiency in handling invoices, expense tracking, and the ability to maintain comprehensive financial reports. The role involves working closely with various accounting software and ERP systems to facilitate efficient financial processing and reporting, contributing to the overall financial health of the organization. Candidates are expected to have a solid educational background in Finance, Accounting, or related fields and at least three years of practical experience in a finance-related role. The Finance Assistant is responsible for processing accounts payable and receivable, maintaining accurate bookkeeping records, and assisting with budgeting activities. They use advanced skills in Microsoft Excel and ERP software, such as SAP or Oracle, to manage and reconcile financial transactions. While this role does not include managing a team, it requires excellent organizational and communication skills to collaborate with other departments and ensure the timely completion of financial tasks. The ideal candidate demonstrates strong numerical and analytical abilities with a deep understanding of accounting principles and data accuracy.
Responsibilities

Process accounts payable and receivable transactions accurately and in a timely manner.
Maintain and update bookkeeping records, including double-entry bookkeeping and ledger management.
Prepare and analyze financial reports and statements to assist with budgeting and financial planning.
Manage invoice processing, expense management, and budget tracking to support financial oversight.
Perform bank reconciliations and ensure all financial transactions are documented and balanced.
Utilize ERP software (such as SAP, Oracle, QuickBooks) to record financial data and facilitate reporting.
Apply knowledge of accounting principles to ensure compliance and accuracy in financial records.
Coordinate with internal departments and external vendors to resolve discrepancies and handle inquiries.
Assist in the preparation of audit schedules and financial documentation for internal and external audits.
Handle electronic data interchange (EDI) related to accounts payable and receivable processing.
Demonstrate proficiency in Microsoft Excel for data analysis, formula application, and report generation.
Maintain confidentiality and security of financial information.
Support month-end and year-end closing activities as needed.
Continuously update skills and knowledge related to accounting software and industry best practices.