Account Executive (Accounting)

An Account Assistant role in an FMCG (Fast-Moving Consumer Goods) e-commerce environment involves supporting financial and operational processes that keep online sales, inventory, and supplier relationships running smoothly. Here’s a detailed breakdown of the responsibilities, skills required, and key objectives for this role: 🧾 Key Responsibilities1. Financial Record KeepingAssist in maintaining accurate and up-to-date accounting records (sales, purchases, expenses, etc.). Record daily e-commerce transactions from platforms like Amazon, Flipkart, Jumia, or Shopify. Verify online payment settlements and reconcile them with bank statements. Track outstanding receivables and payables related to e-commerce activities. 2. Reconciliation and ReportingHandle daily sales reconciliation across digital platforms. Prepare periodic financial reports for management (sales performance, margins, returns). Monitor vendor accounts and ensure timely invoice processing and payment. 3. Inventory and Cost TrackingSupport coordination between finance, warehouse, and procurement teams to maintain accurate stock levels. Record stock movements (returns, discounts, promotions). Assist in cost analysis for pricing strategies and profitability tracking. 4. Compliance and DocumentationEnsure GST, VAT, and other regulatory compliance requirements are met. Maintain audit-ready documentation (purchase orders, invoices, receipts, etc.). Support external audits and internal financial checks. 5. Coordination & SupportLiaise with e-commerce account managers, suppliers, and logistics teams. Help track promotional spending and discounts applied on e-commerce platforms. Support the finance lead or accountant in closing monthly books. 💡 Key Skills NeededAccounting software proficiency: ERP systems like SAP, Tally, QuickBooks, or Zoho Books. E-commerce platform understanding: Familiarity with sales dashboards, settlement reports, and commission structures. Analytical skills: Ability to interpret financial data and identify discrepancies. Excel or Google Sheets: Strong ability to manage large transaction data sets. Attention to detail: Accurate reconciliation and report preparation. Communication: Coordination across finance, marketing, and operations teams. 🎯 Typical Goals/KPIsMaintain 100% accuracy in reconciliations. Ensure timely reporting (e.g., monthly P&L for e-commerce channels). Support timely payment to vendors and receipt collections. Compliance with tax and audit requirements.