HT Media - Finance Trainee

Job Description

Organization (cost center): HTML

Designation Band: Finance Trainee

Reporting to: Deputy General Manager

Nature of Job (on roll/off roll): On roll

Department- Finance

Job Location: Delhi/NCR

Experience Level: Fresher Industry Preference (If any): NA

Salary Band: 9 Lac

Academic Qualification: MBA (Tier1-Tier 2 Colleges)

No of Position: 1

Job responsibilities:

- The incumbent will be in probation for initial 6 months of his/her traineeship.

- Understand the nuances of Corporate Finance, Operating Finance, Treasury & Internal Audit.

- During the first 2 Years of the traineeship you will be aligned to any of the finance business as per the requirement i.e. Corporate Finance, Operating Finance, Treasury & Internal Audit.

Roles & responsibilities of finance functions:

Corporate Finance:

- Work on Financial Accounting, records and reporting.

- Responsible for accurate reconciliation of transactions with related parties and reporting thereof as per regulatory

Framework .Plan and ensure timely financial closure and reporting of monthly provisions for all expenses, financial statements and Liability schedules.

- Responsible for preparing financial statements such as balance sheet, statement of profit & loss etc for financial reporting, in accordance with the statutory and other requirements.

- Plan and ensure timely closure and reporting of monthly provisions for all expenses, liabilities, fixed assets and other account balances & other accurate reconciliation of transactions, filing of annual returns etc.

Internal Audit:

- Perform control testing against audit criteria for different processes and highlight exceptions.

- Compile and consolidate audit findings for discussion with senior management.

- Follow up on status of closure of audits observations and report.

Treasury:

- Daily cash planning and fund transfers among various bank accounts.

- Bank reconciliations for HO accounts for HTML, HMVL.

- Accounting entries related with Treasury activities .

- Month end FIRC collection.

- Statutory, Internal Audits, assessment workings.

- Monthly and Quarterly balance confirmation on Banks, borrowings etc.

- Aforesaid are few roles & responsibilities of finances function and the candidate could be aligned to any other finance function.

Prior Role (s)/ Work Experience Preferred - detailed information about the required background

- Well versed with accounting standards and curriculum on CA

- Excellent communication skills & adaptability

Purpose of the Job ( in case of a new position/ business)

- Manage & carry out various functional activities in Corporate Finance, Operating Finance, Treasury & Internal Audit.

Other Details:

Gender Preference (M/F): NA Age Limit: NA

Vehicle Constraint: NA Team Handling Experience (if required): NA