Finance Associate - Other - Industrial Equipment / Machinery Sector

L&T Heavy Engineering
Applicants0
Posted1 day ago

Job Highlights

Experience3 - 4 Yrs
Salary11-11 LPA
LocationHyderabad
Work ModelHybrid
RoleFinance - Other
Openings1
EmploymentFull-Time
EducationPost Graduation Not Required

Required Skills

Financial ReportingAccounting PrinciplesAccounts PayableAccounts ReceivableBudgeting & ForecastingVariance AnalysisFinancial AnalysisMicrosoft Excel (Advanced)ERP Systems (e.g., SAP)Attention to DetailCommunication SkillsProblem-SolvingTeamworkTime Management

Job Description

Role Summary:
We are seeking a motivated Finance Associate with 3-4 years of experience to join our team in Hyderabad. This role is crucial for supporting various financial operations within our Industrial Equipment & Machinery division. The ideal candidate will have a strong understanding of accounting principles and a proactive approach to problem-solving. This position does not require a postgraduate degree.

Key Responsibilities:
- Assist in the preparation of monthly, quarterly, and annual financial statements.
- Support accounts payable and accounts receivable functions, ensuring timely processing and reconciliation.
- Participate in budgeting and forecasting activities.
- Prepare and analyze variance reports, identifying discrepancies and providing explanations.
- Assist in financial audits, both internal and external.
- Maintain accurate financial records and documentation.
- Collaborate with other departments to gather financial information and support business decisions.
- Ensure compliance with company policies and regulatory requirements.
- Perform ad-hoc financial analysis and reporting as required.

About L&T Heavy Engineering

Larsen & Toubro (L&T) is a major Indian multinational conglomerate headquartered in Mumbai, India. L&T Heavy Engineering is a significant business vertical within L&T, specializing in the design, engineering, manufacturing, and supply of critical process plant equipment and systems for sectors like refining, petrochemicals, fertilizers, oil & gas, and nuclear power. With a strong legacy and state-of-the-art manufacturing facilities, L&T Heavy Engineering is a key player in delivering complex, high-technology solutions for India's core industrial infrastructure.

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