Accountant

Roles & Responsibilities Accountant

1. Accounting & Bookkeeping
• Maintain day-to-day accounting records and ensure accurate posting of all financial transactions.
• Maintain ledgers, journals, cash book, bank book, and general accounting records.
• Prepare and verify sales, purchase, receipt, and payment entries.
• Ensure proper documentation and supporting records for all transactions.

1. Accounts Payable & Receivable
• Monitor vendor invoices, purchase bills, and payment schedules.
• Verify invoices against purchase orders, goods receipt notes, and supporting documents.
• Maintain customer outstanding statements and follow up for collections.
• Reconcile vendor and customer accounts regularly.

1. Banking & Reconciliation
• Perform regular bank reconciliation and identify discrepancies.
• Monitor bank transactions, receipts, payments, and fund requirements.
• Prepare payment instructions and maintain proper payment records.

1. GST & Statutory Compliance
• Assist in preparation and filing of GST returns and related reconciliations.
• Verify GST input/output tax records and resolve discrepancies.
• Maintain statutory records and ensure compliance with applicable tax requirements.
• Coordinate with consultants/auditors for GST, TDS, and other statutory matters.

1. TDS & Other Taxation
• Calculate and record TDS deductions.
• Ensure timely payment and filing of TDS returns.
• Maintain TDS certificates and supporting documentation.
• Assist in income-tax and other statutory requirements.

1. Payroll & Employee Accounts
• Assist in monthly payroll processing and salary-related accounting.
• Verify attendance, deductions, advances, reimbursements, and other employee payments.
• Maintain records related to employee loans, advances, and expenses.

1. Month-End & Year-End Closing
• Prepare monthly closing activities and account schedules.
• Pass necessary provisions, accruals, and adjustment entries.
• Assist in preparation of trial balance, profit & loss account, and balance sheet.
• Support annual closing and statutory audit activities.

1. Inventory & Manufacturing Accounts
• Coordinate with stores and production departments for inventory accounting.
• Reconcile physical stock with accounting records.
• Monitor raw material, finished goods, and consumable inventory values.
• Assist in product costing and analysis of manufacturing expenses.

1. Expense & Cost Control
• Review company expenses and ensure proper accounting classification.
• Monitor expenses against budgets and highlight significant variances.
• Support management in cost analysis and financial reporting.

1. Audit & Documentation

• Provide required documents and schedules to internal and statutory auditors.
• Maintain proper filing of invoices, vouchers, agreements, tax records, and other financial documents.
• Ensure accounting records are accurate, complete, and audit-ready.

1. MIS & Management Reporting

• Prepare regular MIS reports relating to sales, purchases, expenses, receivables, payables, cash flow, and profitability.
• Provide accurate financial information to management for decision-making.
• Highlight unusual transactions, discrepancies, and financial risks.

1. Internal Controls

• Ensure proper authorization and supporting documentation for financial transactions.
• Identify accounting discrepancies and take corrective action.
• Follow company policies and accounting procedures.

Key Skills / Requirements

• Strong knowledge of accounting principles and practices.
• Working knowledge of GST, TDS, and statutory compliance.
• Good command of Tally/ERP and MS Excel.
• Knowledge of accounts payable, receivable, bank reconciliation, and taxation.
• Good analytical and communication skills.
• Accuracy, confidentiality, and attention to detail.
• Ability to coordinate with purchase, sales, stores, production, HR, and management.