Senior Accountant

Key Responsibilities

1. Accounting & Bookkeeping

• Manage day-to-day accounting transactions and ensure accurate recording of financial entries.
• Maintain General Ledger, Journal, Cash Book, Bank Book, and other accounting records.
• Prepare and verify journal vouchers, payment vouchers, receipt vouchers, and purchase/sales entries.
• Perform regular reconciliation of ledger accounts.
• Ensure proper accounting and documentation of expenses, purchases, sales, and other transactions.

2. Accounts Payable & Receivable

• Monitor vendor invoices, payments, outstanding balances, and vendor reconciliations.
• Follow up on customer outstanding payments and maintain receivables ageing.
• Verify invoices against purchase orders, goods receipt notes, and supporting documents.
• Ensure timely processing of vendor payments as per approved terms.

3. Bank & Ledger Reconciliation

• Prepare monthly bank reconciliation statements.
• Reconcile customer, vendor, inter-company, and other balance sheet accounts.
• Investigate and resolve discrepancies in accounting records.

4. GST & Statutory Compliance

• Assist in preparation and filing of GST returns and related reconciliations.
• Verify GST input tax credit and reconcile purchase data with applicable GST records.
• Assist with TDS calculations, deductions, payments, and returns.
• Maintain records and documentation required for statutory compliance.
• Coordinate with consultants and auditors for GST, TDS, and other statutory matters.

5. Payroll & Employee-Related Accounting

• Coordinate with HR for payroll-related accounting entries.
• Verify salary, reimbursement, advances, and employee-related payments.
• Assist in accounting for PF, ESIC, Professional Tax, TDS, and other applicable deductions.

6. Manufacturing / Factory Accounting

• Monitor accounting related to factory expenses, purchases, production-related costs, and overheads.
• Assist in inventory and stock reconciliation.
• Coordinate with stores and production teams for stock-related accounting and documentation.
• Support preparation and analysis of manufacturing expenses and cost-related reports.
• Verify consumption, wastage, and other production-related financial data.

7. MIS & Financial Reporting

• Prepare monthly MIS reports and management reports.
• Prepare ageing reports for receivables and payables.
• Assist in preparation of monthly Profit & Loss Account and Balance Sheet schedules.
• Provide financial data and analysis to management for decision-making.
• Monitor expenses against budgets and highlight significant variances.

8. Audit & Compliance

• Coordinate with internal, statutory, tax, and other auditors.
• Provide required schedules, ledgers, vouchers, and supporting documents during audits.
• Assist in preparation of audit working papers and resolution of audit queries.
• Ensure proper maintenance of financial records in accordance with applicable accounting standards and company policies.

9. Internal Controls

• Ensure compliance with internal accounting policies and approval procedures.
• Identify accounting discrepancies and control weaknesses and report them to management.
• Ensure proper authorization and documentation of financial transactions.
• Maintain confidentiality of financial and business information.

Required Skills & Competencies

• Strong knowledge of accounting principles and practices.
• Good knowledge of GST, TDS, and other applicable statutory compliances.
• Strong analytical and reconciliation skills.
• Good knowledge of MS Excel, including Pivot Tables, VLOOKUP/XLOOKUP, SUMIFS, and basic financial analysis.
• Experience with Tally / ERP / accounting software.
• Good communication and coordination skills.
• Attention to detail and accuracy.
• Ability to meet deadlines and work independently.
• Strong problem-solving and numerical skills.
• Ability to handle confidential financial information.