Senior Accountant

Job Description

Senior Accountant

Reporting To

CEO

Location

Bangalore

Employment Type

Full-time

Experience

4-5 Years

Role Purpose

The role involves hands-on exposure to end-to-end accounting, MIS preparation, taxation, compliance, Project Cost management and coordination with other Team.

1. Receivables and Payment Recovery

• Monitor customer outstanding payments, ageing, credit periods, and overdue accounts.
• Coordinate reconciliations, credit notes, debit notes, invoice corrections, documentation, and other matters affecting payments.

2. MIS and Financial Reporting

• Maintain management information systems for all important financial and commercial areas.
• Ensure accurate, structured, and updated data is available in Excel or approved software.
• Prepare , weekly, and monthly MIS reports covering sales, collections, receivables, ageing, cash flow, expenses and budget versus actuals.
• Ensure all reports are accurate, timely, and easy for management to review.

3. Cost Accounting and Profitability Improvement

• Maintain project-wise costing systems.
• Calculate actual cost of products, projects, installation, labour, transportation, wastage, and overheads.
• Compare standard costing with actual costing.

4. Cash Flow and Working Capital Management

• Monitor expected collections and planned payments.
• Execute vendor payments, salaries, statutory liabilities, and operational expenses as per Management .
• Monitor receivables, payables, inventory, advances, retentions, and other working-capital elements.

5. Budgeting and Financial Planning

• Support annual and departmental budgeting.
• Track actual performance against budgets.

6. Accounting & MIS Execution

• Review and execution of Project accounting & General Accounting entries including:

i. Revenue and expenses

ii.Payroll

iii. Provisions and accruals

iv. Receipts and payments

v. Depreciation and amortization

vi. Prepaid expenses

• Bank, debtor, and creditor reconciliations
• Ledger scrutiny and clean-up activities
• Preparation of schedules for:
• Profit & Loss Statement
• Balance Sheet
• Cash Flow Statements
• Bank, debtor, and creditor reconciliations
• Ledger scrutiny and clean-up activities
• Preparation of schedules for:
• Profit & Loss Statement
• Balance Sheet
• Cash Flow Statements