Accounts Executive

Role & responsibilities

1. Manage day-to-day accounting operations and ensure accuracy and completeness of books of accounts.

2. Ensure timely monthly and annual closing of accounts.

3. Review General Ledger, Trial Balance, Balance Sheet, and Profit & Loss Account regularly.

4. Prepare and review monthly MIS, P&L, Balance Sheet, and Cash Flow reports for management.

5. Monitor Gross Profit (GP) and Net Profit (NP) margins and identify areas for improvement.

6. Prepare branch-wise and product-wise profitability analysis to support management decisions.

7. Compare Actual vs Budget vs Target, identify major variances, and provide clear explanations and corrective actions.

8. Monitor branch and departmental expenses against approved budgets and control unnecessary expenditure.

9. Monitor and ensure timely clearance of pending, unreconciled, and suspense entries.

10. Review customer outstanding and collections and ensure timely recovery of receivables.

11. Plan and monitor supplier payments based on due dates, priorities, and available cash flow.

12. Manage cash flow and fund planning to ensure sufficient funds for business operations.

13. Review stock and production variances, including shortages, damages, yield differences, and reconciliation issues.

14. Review product costs and recommend selling-price revisions and cost-control measures to protect profitability.

15. Ensure audit compliance and timely closure of internal and external audit observations.

16. Supervise the finance and branch accounts teams, ensuring accurate and timely reporting.

17. Product Costing - Raw materials and Finished Goods

Preferred candidate profile

• Experience: 5 to 8 years of relevant experience in Finance & Accounts, preferably in manufacturing/trading or a multi-branch environment.
• Qualification: CA Inter / CMA Inter / M.Com / MBA (Finance) or equivalent.
• Technical Skills: Strong knowledge of accounting, MIS, P&L, Balance Sheet, Cash Flow, budgeting, variance analysis, and product costing (Raw Materials & Finished Goods).
• Team Handling: Experience in supervising and managing finance/accounts teams and branch accounting operations.
• Key Skills: Strong analytical, financial reporting, reconciliation, cost-control, and decision-making skills.
• Location: Hyderabad; candidate should be willing to relocate.