Accounts Executive

Job Title: Accounts Executive

Location: Borivali/ Andheri

Job Type: Full-time

Department: Accounts/Finance

Job Overview:

We are looking for a highly skilled and experienced Accounts Executive to join our finance team. The Accounts Executive will take ownership of key accounting functions such as managing day-to-day financial transactions, overseeing GST and TDS compliance, supervising petty cash, and ensuring the accuracy of financial reporting.

Key Responsibilities:

• Bookkeeping & General Ledger:
• Oversee and ensure the maintenance of accurate and up-to-date financial records in the general ledger.
• Review accounting entries, ensure correctness, and resolve discrepancies as they arise.
• Accounts Payable & Receivable:
• Manage the accounts payable and receivable processes, ensuring accurate and timely processing of invoices and receipts.
• Resolve complex billing issues and follow up on overdue payments, preparing detailed reports for management.
• GST Compliance:
• Manage and oversee the accurate calculation, preparation, and filing of GST returns (monthly/quarterly).
• Ensure all GST filings are done in compliance with relevant laws and regulations.
• Review GST input and output tax reconciliation, manage tax credit claims, and liaise with auditors or tax consultants as needed.
• TDS (Tax Deducted at Source):
• Ensure the correct calculation and deduction of TDS on applicable payments, including vendor payments and employee salaries.
• Oversee timely remittance of TDS to the government, ensuring compliance with statutory deadlines.
• Prepare and issue TDS certificates and ensure proper documentation for TDS filings.
• Petty Cash Management:
• Oversee petty cash management, ensuring all transactions are recorded accurately and that petty cash is replenished in a timely manner.
• Review petty cash reports, reconcile discrepancies,ensure compliance with company policy.
• Financial Reporting & Analysis:
• Prepare and review monthly, quarterly, and annual financial reports, including profit & loss statements, balance sheets, and cash flow statements.
• Provide detailed analysis of financial performance, highlighting trends, anomalies, and areas for improvement.
• Support in month-end and year-end closing processes.
• Audit Support:
• Support internal and external audits by providing accurate financial data, documentation, and explanations of accounting transactions.
• Coordinate with auditors during the audit process and implement corrective actions for audit findings.
• Budgeting & Forecasting:
• Assist in the preparation of budgets and financial forecasts.
• Monitor budget variances and provide financial insights to senior management for decision-making.
• Documentation & Compliance:
• Maintain and ensure all accounting records are accurate, organized, and compliant with relevant financial regulations.
• Ensure compliance with internal accounting policies and external financial reporting standards.

Qualifications:

• Education: Bachelors
• Experience: Minimum of 1-3 years of experience in accounting or finance.
• Skills:
• Advanced proficiency in accounting software Tally ERP 9.
• In-depth knowledge of accounting principles, GST, TDS, and financial regulations.
• Expertise in financial reporting, tax compliance, and audit processes.
• Strong proficiency in MS Office, particularly Excel (advanced functions such as pivot tables, v-lookups, etc.).
• Strong attention to detail and ability to analyze complex financial data.
• Leadership and team management skills with the ability to work under pressure and meet deadlines.

Personal Attributes:

• Strong analytical skills and problem-solving capabilities.
• Leadership skills with the ability to manage a team effectively.
• Excellent communication skills with the ability to present complex financial information to non-financial stakeholders.
• Strong organizational skills with the ability to manage multiple tasks and meet deadlines.
• High level of integrity and confidentiality in handling sensitive financial information.