Junior Executive - Account Payable

Job Purpose:

The Junior Accounting Executive will support day-to-day accounting operations, taxation compliance, vendor management, and financial reporting activities. The role requires ensuring accurate accounting records, timely statutory compliance, and support for audits and reconciliations in a fast-paced consumer electronics and e-commerce environment.

Role & responsibilities:

Experience

0-2 years in Accounting, Taxation and Finance Operations

Accounting Operations

• Pass accounting entries and maintain books of accounts.
• Process vendor invoices and employee reimbursements.
• Perform Accounts Payable (AP) and Accounts Receivable (AR) reconciliations.
• Conduct bank, customer, and vendor reconciliations on a periodic basis.
• Assist in monthly, quarterly, and annual financial closure activities.
• Verify accounting documents and ensure proper record maintenance.

Taxation & Compliance

• Prepare data for GST return filing (GSTR-1, GSTR-3B, and reconciliations).
• Reconcile GST Input Tax Credit (ITC) with purchase registers.
• Assist in TDS calculation, deduction, payment, and return filing.
• Maintain taxation records and compliance trackers.
• Support statutory, tax, and internal audits by providing required documentation.

 Business Support

• Reconcile transactions from e-commerce platforms and payment gateways.
• Assist in accounting for marketplace deductions, commissions, and returns.
• Support inventory-related accounting and reconciliation processes.
• Coordinate with procurement, logistics, and business teams for accounting queries.

Reporting & Controls

• Prepare MIS reports and account schedules.
• Ensure compliance with company policies and accounting standards.
• Identify discrepancies and assist in process improvements.
• Support implementation of financial controls and documentation requirements.

Required Skills

• Knowledge of Accounting Principles and Financial Reporting.
• Working knowledge of GST, TDS, and statutory compliances.
• Proficiency in MS Excel (VLOOKUP, Pivot Tables, Basic Formulas).
• Experience with ERP systems such as SAP, Oracle, Tally, or similar accounting software.
• Strong analytical, numerical, and reconciliation skills.
• Attention to detail and accuracy.

Required Qualifications

• B.Com / M.Com / BBA (Finance) or equivalent.
• 2+ years of experience in Accounting & Taxation.

Preferred Skills

• Exposure to e-commerce, retail, or consumer goods industry accounting.
• Knowledge of inventory accounting and vendor management.
• Understanding of month-end close processes.
• Ability to work in a dynamic and deadline-driven environment.

Key Performance Indicators (KPIs)

• Accuracy of accounting entries and reconciliations.
• Timely completion of GST and TDS compliance activities.
• Month-end closing adherence.
• Vendor reconciliation turnaround time.
• Audit observations and compliance adherence.
• MIS reporting accuracy and timeliness.