Account Executive

Job Description: Accounts Executive
Position Title: Accounts Executive
Experience: 4-5 years (Real Estate Background)
Location: JC road, Bangalore-27
Department: Finance/Accounting

Job Summary:
Accounts/Executive will be responsible for handling day-to-day accounting functions using Tally software, ensuring accurate financial entries, reconciling bank statements, and assisting in tax compliance (TDS and GST). The role also involves supporting documentation work, assisting in audits, and performing external tasks when required.

Key Responsibilities:

1. Bank Entries:
• Record all bank-related transactions in Tally, ensuring the accurate entry of deposits, withdrawals, and transfers.
• Monitor and update bank balances regularly to ensure accuracy in financial reporting.

1. Tax Invoice Entries:
• Enter and process tax invoices accurately in Tally, ensuring proper classification of revenue and expenses.
• Ensure that GST details are properly captured for tax compliance.

1. Cash Payment Entries:
• Record all cash payments in Tally and reconcile them with receipts.
• Track and manage petty cash transactions and maintain proper documentation for cash outflows.

1. Bank Reconciliation:
• Perform monthly bank reconciliation by matching Tally entries with bank statements.
• Investigate and resolve discrepancies between Tally records and bank statements.

1. Knowledge on TDS and GST Compliance:
• Maintain accurate records of TDS (Tax Deducted at Source) and ensure timely payment and filing.
• Ensure GST compliance by filing returns and maintaining accurate GST records in accordance with applicable laws.

1. Documentation Work & Audit Assistance:
• Assist in maintaining proper documentation for all accounting entries, invoices, and tax-related documents.
• Support auditors by providing necessary documentation and reports during internal and external audits.

1. Outside Work (On Need Basis):
• Assist in tasks that require going outside the office, such as submitting forms to government authorities, liaising with vendors or clients, and other ad-hoc duties.

Skills and Qualifications:

• Experience:
• Proven experience in accounting, finance, or bookkeeping, preferably using Tally software.
• Familiarity with TDS, GST regulations, and tax filing procedures.
• Experience in bank reconciliation, invoice processing, and general ledger management.

• Technical Skills:
• Proficient in Tally software and accounting tools.
• Basic knowledge of Excel for accounting-related tasks.

• Knowledge:
• Understanding of TDS (Tax Deducted at Source) and GST (Goods and Services Tax) compliance.
• Familiarity with bank reconciliation and the handling of financial statements.

• Education:
• A degree in Accounting, Finance, or a related field (e.g., B.Com, M.Com, or CA Inter).

• Personal Attributes:
• Strong attention to detail and accuracy.
• Excellent organizational and time-management skills.
• Ability to work independently and as part of a team.
• Good communication skills for liaising with clients and vendors.