Finance Account Executive

About Xpanse Coffee:

Xpanse Coffee is a fast-growing and innovative coffee brand born in Goa & expanding across India. We are redefining the coffee experience by making high-quality coffee accessible through our retail stores, delivery services, and strategic marketing initiatives. We are looking for passionate individuals to help us spread our brand message and engage with our target audience.

Key Responsibilities

1. Accounts Payable and Receivable

• Process and manage vendor and client invoices, ensuring timely payments.
• Monitor outstanding payments and follow up as necessary.
• Reconcile accounts payable and receivable ledgers to maintain accuracy.

2. Bookkeeping and Data Entry

• Maintain accurate and up-to-date financial records.
• Post journal entries in accounting software.
• Record daily financial transactions in compliance with company policies.

3. Financial Reporting

• Prepare monthly, quarterly, and annual financial statements.
• Assist in budgeting, forecasting, and financial reporting.
• Generate reports for management with accurate financial insights.

• Conduct regular bank reconciliations to ensure records match bank statements.

5. Tax and Compliance

• Assist in tax return preparation and ensure adherence to local tax laws.
• Prepare and file VAT/GST returns (where applicable).

6. Month-End and Year-End Closing

• Support financial audits and liaise with auditors as required.

7. General Financial Support

• Assist with financial analysis to support business decisions.
• Coordinate with departments for budget queries or financial data.
• Support the Finance Dept with ad-hoc tasks and special projects.

Qualifications

Education

• Bachelors degree in Accounting, Finance, or a related field.

• Min 2 years of experience in a similar finance or accounting role.

Skills & Competencies

• Strong knowledge of accounting principles.
• Proficiency in accounting software such as Tally, QuickBooks, SAP etc.
• Advanced MS Excel skills (pivot tables, VLOOKUP, etc.).
• Strong analytical, organizational, and multitasking skills.
• Excellent communication and interpersonal abilities.

Personal Attributes

• Integrity and discretion in handling sensitive information.
• Ability to work independently and collaboratively.
• Deadline-driven and detail-oriented.

Additional Requirements

• Familiarity with local tax laws and financial compliance.
• Experience with budgeting and financial reporting processes.
• Willingness to adapt to evolving systems and technologies.