Senior Accountant

Job Title: Senior Accountant
Location: Corporate Office, Banjara Hills, Hyderabad
Department: Accounts & Finance
Experience: 5+ years in accounting, preferably in the retail/jewellery industry
Salary: Competitive, based on experience

Key Responsibilities:

Accounting and Financial Management:

Oversee day-to-day accounting operations, including journal entries, ledger management, and reconciliation of accounts. Prepare accurate financial statements (P&L, balance sheet, and cash flow).

Ensure timely closure of monthly, quarterly, and annual accounts.

Taxation and Compliance:

Manage GST returns, TDS, and other statutory compliance as per Indian laws.

Liaise with auditors for internal and statutory audits.

Maintain proper documentation for tax filings and ensure compliance with Income Tax regulations.

Inventory and Cost Control:

Monitor and analyze stock levels and cost management across Vegas jewelry stores.

Work closely with the inventory team to reconcile stock and resolve discrepancies.

Budgeting and Reporting:

Develop and manage budgets for stores and corporate operations.

Prepare and present financial reports to management and directors.

Payroll and Vendor Management:

Oversee payroll processing and ensure accurate employee compensation.

Manage vendor payments, credit terms, and financial agreements.

Process Improvements:

Streamline accounting processes and implement ERP systems for efficiency.

Proactively identify opportunities for cost optimization and financial planning.

Qualifications and Skills:

• Education: B. Com/M.Com/CA Inter/CMA or equivalent degree in Accounting or Finance.
• Experience: Minimum 5 years of accounting experience, preferably in the jewelry industry.
• Technical Skills:
• Proficiency in Tally, ERP systems, and MS Office (Excel, Word, PowerPoint).
• Strong knowledge of GST, TDS, and Indian tax regulations.