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Finance Executive

Are you passionate about numbers and ready to take your career in finance to the next level? We are seeking a motivated Finance Executive to join our team and help drive our financial success. If you're analytical, detail-oriented, and eager to make an impact, we want to hear from you!

Job Descriptions:

  • Process supplier and subcontractor invoices, ensuring accuracy in supplier accounts and invoice amounts.
  • Provide timely and accurate information on the status of supplier accounts and transactions for business decision-making.
  • Prepare payment proposals and execute the payment process according to SOPs.
  • Collaborate with team members to support project completion and task fulfillment.
  • Assist in resolving problems and inquiries related to accounts payable.
  • Perform monthly reconciliations of key supplier accounts.
  • Coordinate with requisitioners and vendors to clarify any invoice discrepancies.
  • Submit invoices to appropriate approvers for non-purchase order related invoices.
  • Escalate any issues or disputes as necessary.
  • Support month-end closing activities.
  • Generate and review vendor payment proposal lists.
  • Handle various payment requests such as down payments and cash-on-delivery (COD).
  • Investigate and resolve payment rejections and remittance issues.
  • Process employee expense claims.
  • Bachelor's degree in Accounting, Finance, or related field preferred.
  • Proven experience in accounts payable or related financial roles.
  • Strong attention to detail and accuracy in data entry and financial records.
  • Familiarity with ERP systems and proficiency in MS Office, particularly Excel.
  • Excellent communication skills and ability to collaborate effectively within a team.
  • Ability to prioritize tasks and manage time efficiently to meet deadlines.
  • Understanding of accounting principles and financial regulations.

Average salary estimate

$60000 / YEARLY (est.)
min
max
$50000K
$70000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Finance Executive, Solarvest

Are you passionate about numbers and ready to elevate your career in finance? Join our dynamic team as a Finance Executive! In this role, you'll play a crucial part in driving our financial success. You'll process supplier and subcontractor invoices, ensuring all entries are accurate and timely. With your analytical mindset, you'll provide essential insights on the status of supplier accounts, enabling informed business decisions. Collaborating closely with team members, you will help meet project goals while tackling any accounts payable inquiries that arise. Your support during month-end closing activities will be invaluable as you contribute to the financial health of the company. If you have a Bachelor's degree in Accounting or Finance and proven experience in accounts payable, along with an eye for detail and strong communication skills, we're eager to meet you! Proficiency in ERP systems and Excel will play a significant role in your daily tasks. In return, we offer an engaging work environment where your contributions are valued, and your growth is encouraged. If you're a proactive problem solver with the ability to prioritize effectively, this Finance Executive position is perfect for you. Let's work together to take our finance operations to the next level!

Frequently Asked Questions (FAQs) for Finance Executive Role at Solarvest
What qualifications do I need to apply for the Finance Executive position?

To apply for the Finance Executive position, you should have a Bachelor's degree in Accounting, Finance, or a related field. Proven experience in accounts payable or in a financial role is also preferred, alongside strong attention to detail and proficiency in systems like Excel and ERP.

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What is the main responsibility of a Finance Executive at this company?

The main responsibility of a Finance Executive at our company includes processing supplier and subcontractor invoices accurately, preparing payment proposals, and supporting the overall financial decision-making process by providing timely updates on supplier accounts.

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How can I prepare for an interview for the Finance Executive role?

To prepare for an interview for the Finance Executive role, familiarize yourself with accounting principles, be ready to discuss your experience in accounts payable, and think about specific examples of how you've resolved financial discrepancies or contributed to month-end closing activities.

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What software skills are required for the Finance Executive position?

For the Finance Executive position, familiarity with ERP systems is important, as well as proficiency in MS Office, particularly Excel. Being comfortable with data entry and financial record management using these tools is essential.

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What traits make someone successful as a Finance Executive?

Successful Finance Executives are typically detail-oriented, organized, and analytical. They possess strong communication skills to collaborate effectively within teams and have the ability to prioritize tasks efficiently to meet tight deadlines.

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What types of tasks will I perform as a Finance Executive?

As a Finance Executive, you will be responsible for a variety of tasks including processing invoices, preparing payment proposals, conducting monthly reconciliations, resolving discrepancies, and coordinating with vendors and requisitioners.

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What opportunities for growth does the Finance Executive role offer?

The Finance Executive role offers numerous opportunities for professional growth. You will gain valuable experience working closely with project teams, enhancing your financial skills, and potentially progressing into higher-level positions within the finance department.

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Common Interview Questions for Finance Executive
Can you explain your experience with accounts payable?

Discuss specific contexts where you handled accounts payable, detailing the volume of transactions, software you used, and how you ensured accuracy. Highlight any improvements you've made in the process.

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How do you ensure accuracy in entering financial data?

Explain your methodical approach to data entry. Discuss checks and balances you put in place, such as double-checking numbers or utilizing software features to reduce errors.

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Describe a time when you resolved an invoice discrepancy.

Share a detailed story about an instance where you identified and resolved an invoice discrepancy. Talk about the steps you took to investigate the issue and how you communicated with vendors or your team.

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What accounting software are you familiar with?

List the accounting software you have experience with, discussing how you've used it in previous roles. If relevant, mention specific tasks like reconciliation, reporting, or invoice processing.

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How do you prioritize tasks in a fast-paced environment?

Describe your method for prioritization, such as using to-do lists or digital tools. Give an example of a situation where effective prioritization was crucial to meeting deadlines.

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What role does collaboration play in your work as a Finance Executive?

Discuss the importance of communication and teamwork in financial roles and provide examples of how you collaborated with colleagues to achieve financial goals or resolve issues.

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Can you explain a complex financial concept to someone without a finance background?

Choose a financial concept, explain it in simple terms, and reflect on your ability to communicate effectively. This shows your understanding and your communication skills.

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What steps do you take to prepare for month-end closing?

Outline your month-end closing process, mentioning specific tasks you undertake, such as reconciling accounts, preparing reports, and collaborating with other departments to gather necessary information.

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How do you handle stress during busy financial periods?

Share your strategies for managing stress, mentioning any practices or techniques that help you remain focused and effective, particularly during peak periods like month-end closings.

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What motivates you in your role as a Finance Executive?

Discuss your passion for finance and how you find motivation in contributing to an organization’s success through accurate financial management and insightful decision-making.

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Solarvest is an algae technology company that owns numerous key patents. Our organic Omega-3 patent application has been filed and is pending in Europe, UK, USA, Canada, Japan, India, China, S. Korea, Hong Kong and Australia. Its patent pending pr...

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Full-time, remote
DATE POSTED
November 26, 2024

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