Account Manager

Job Description: Senior Position Accounts

Industry: Retail
Department: Accounts & Finance
Experience: 810 Years
Job Location: Kolkata
Employment Type: Full-Time

Job Summary

We are looking for an experienced Accounts professional from the retail industry to manage accounting operations, financial reporting, reconciliations, GST compliance, and store-wise financial transactions. The candidate should have strong knowledge of retail accounting, inventory management, vendor payments, and financial controls across multiple retail stores.

Key Responsibilities

1. Accounting & Financial Operations

• Manage day-to-day accounting operations, including journal entries, ledger maintenance, and general accounting.
• Maintain accurate books of accounts and ensure timely recording of financial transactions.
• Handle accounts payable, accounts receivable, vendor payments, and customer-related transactions.
• Prepare monthly financial statements, trial balances, and account schedules.
• Ensure proper documentation and filing of invoices, vouchers, bills, and supporting documents.

2. Retail Store Accounting

• Handle accounting activities for multiple retail outlets and the corporate office.
• Reconcile daily sales, cash collections, card payments, UPI transactions, and other payment modes.
• Verify store-wise sales reports, cash deposits, and bank settlements.
• Monitor store expenses, petty cash, discounts, returns, refunds, and credit notes.
• Coordinate with Store Managers to resolve sales discrepancies and pending accounting issues.
• Ensure accurate accounting of inter-store transfers and store-related financial transactions.

3. GST & Statutory Compliance

• Manage GST-related accounting, including sales and purchase entries, input tax credit reconciliation, and GST data preparation.
• Coordinate GST return filing and ensure timely compliance with applicable statutory requirements.
• Maintain TDS records, deductions, challans, and return-related documentation.
• Coordinate with external consultants and auditors for statutory compliance requirements.
• Ensure compliance with applicable accounting standards, tax regulations, and company policies.

4. Inventory & Vendor Reconciliation

• Reconcile inventory records with accounting data and investigate stock-related discrepancies.
• Coordinate with the Inventory, Warehouse, and Store Operations teams for stock reconciliation.
• Verify purchase invoices, debit notes, credit notes, and vendor statements.
• Reconcile vendor accounts and resolve outstanding payment differences.
• Monitor stock valuation, inventory adjustments, and goods transfer documentation.

5. Bank Reconciliation & Financial Controls

• Prepare monthly bank reconciliations and investigate unmatched transactions.
• Monitor cash flow, outstanding balances, and payment schedules.
• Verify payment requests and supporting documents before processing.
• Implement accounting controls to minimise errors, discrepancies, and financial irregularities.
• Support internal and external audits by providing the required financial records.

6. MIS & Management Reporting

• Prepare monthly store-wise sales reports, expense reports, and profitability statements.
• Prepare financial MIS, outstanding reports, and reconciliation statements for management review.
• Analyse store expenses and highlight unusual variances or discrepancies.
• Support budgeting, forecasting, and financial planning activities.
• Submit accurate reports within management-defined timelines.

Required Skills

• Strong knowledge of accounting principles and retail accounting operations.
• Experience in multi-store accounting and daily sales reconciliation.
• Knowledge of GST, TDS, bank reconciliation, and vendor management.
• Proficiency in Tally Prime, MS Excel, and accounting/ERP software.
• Strong analytical, numerical, and reconciliation skills.
• Good coordination and communication skills with stores, warehouse, vendors, and internal departments.

Eligibility Criteria

• Graduate in Commerce (B.Com); M.Com or relevant professional qualifications will be preferred.
• 8–10 years of relevant accounting experience.
• Mandatory: Candidates must have prior experience in the Retail Industry.
• Experience handling accounts for multiple retail stores or an organised retail chain is preferred.
• Candidates should be comfortable managing high-volume transactions and store-wise financial reporting.

Preferred Candidate Profile

Candidates from fashion and apparel retail, lifestyle brands, footwear, departmental stores, supermarkets, or other organised retail chains will be preferred.