Accounts Executive

Location: Kalyan Nagar, Bengaluru

Role Overview:

To manage day-to-day accounting operations, ensure accurate and timely accounting entries, support statutory compliance, reconciliations, vendor payments, budgeting, and assist in the preparation of financial and management reports.

Key Responsibilities

1. Accounting & Bookkeeping

· Record day-to-day accounting transactions in Tally.

· Prepare and post journal entries, payment entries, receipt entries, purchase and sales entries.

· Maintain accurate books of accounts and supporting documentation.

· Ensure proper ledger classification and accounting treatment.

· Review and reconcile subsidiary ledgers with the general ledger.

2. Accounts Payable & Vendor Management

· Verify vendor invoices with supporting documents and approvals.

· Check GST, TDS and other applicable statutory requirements on invoices.

· Prepare vendor payment statements and payment proposals.

· Reconcile vendor accounts and follow up on outstanding balances.

· Ensure timely processing of vendor payments.

3. Accounts Receivable & Collections

· Record and reconcile customer/student receipts.

· Monitor outstanding receivables and prepare ageing reports.

· Follow up with concerned teams for collection-related issues.

· Perform customer/student ledger reconciliations.

4. Bank & Ledger Reconciliation

· Prepare monthly bank reconciliations.

· Identify and resolve unreconciled transactions.

· Perform inter-company and inter-unit reconciliations.

· Reconcile major balance sheet and income statement ledgers.

5. GST & TDS Compliance Support

· Assist in GST reconciliation and return preparation.

· Verify input tax credit and reconcile purchase data with GST records.

· Assist with TDS calculations, deductions and reconciliations.

· Support preparation of TDS returns such as 24Q and 26Q.

· Ensure proper accounting of RCM transactions wherever applicable.

6. Budgeting & Financial Planning

· Assist in preparation of annual budgets.

· Collect and consolidate budget requirements from different departments/cost centres.

· Track actual expenditure against approved budgets.

· Prepare budget vs. actual variance reports.

· Highlight significant variances and support the Finance Manager in analysing the reasons.

· Assist in preparing periodic forecasts and financial projections.

7. Month-End & Year-End Closing

· Assist in monthly closing activities.

· Prepare provisions, accruals and adjustment entries.

· Ensure all income and expenses are accounted for in the correct period.

· Support year-end closing and finalisation of accounts.

8. MIS & Reporting

· Prepare regular MIS reports as required by management.

· Prepare ageing reports, expense reports, budget vs. actual reports and reconciliation statements.

· Provide accounting data and analysis to the Finance Manager.

· Support budgeting, forecasting and variance analysis.

9. Audit & Statutory Requirements

· Provide required documents and schedules for statutory, internal and tax audits.

· Coordinate with auditors for routine information and clarifications.

· Maintain proper documentation and audit trails.

· Assist in resolving audit observations.

10. Documentation & Internal Controls

· Maintain proper accounting records and supporting documents.

· Follow established finance policies and approval processes.

· Ensure compliance with internal controls and accounting procedures.

· Identify discrepancies and report them to the reporting manager.

Required Skills

• Good knowledge of accounting principles and bookkeeping.
• Strong knowledge of Tally Prime.
• Working knowledge of GST and TDS.
• Good understanding of bank, vendor and ledger reconciliation.
• Good knowledge of MS Excel, including basic reporting and data analysis.
• Basic understanding of budgeting and variance analysis.
• Ability to analyse accounting data and identify discrepancies.
• Good communication and coordination skills.
• Strong attention to detail and accuracy.
• Ability to meet deadlines and manage multiple tasks.

Educational Qualification

· B.Com / M.Com / MBA Finance or equivalent qualification.

· CA Inter / CMA Inter qualification would be an added advantage.

Experience

• 2–5 years of relevant experience in accounting and finance.
• Experience in education, services, or multi-entity organisations would be an advantage.