Accountant Head

5 - 7 years

3 - 6 Lacs

Posted:1 month ago| Platform: GlassDoor logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Summary

We are looking for an experienced and highly motivated Accountant Head to lead and manage the accounting department of our jewelry showroom. The ideal candidate will have a strong background in accounting principles, a deep understanding of the jewelry business, and the ability to oversee financial operations, ensure accurate financial reporting, and drive the financial health of the business.

Key Responsibilities:

1. Financial Reporting & Analysis:

  • Oversee the preparation and maintenance of financial statements (balance sheet, profit & loss, cash flow).
  • Ensure timely and accurate reporting of all financial activities.
  • Analyze financial data and provide recommendations for improving profitability and efficiency.

2. Accounts Management:

  • Supervise daily accounting operations including accounts payable, accounts receivable, and general ledger.
  • Maintain accurate records of all transactions and bank reconciliations.
  • Handle cash flow management, including petty cash and bank deposits.

3. Tax Compliance & Filing:

  • Ensure compliance with all tax regulations and timely filing of returns (GST, income tax, etc.).
  • Prepare and maintain records for audits.
  • Work closely with external auditors to ensure proper financial controls are in place.

4. Inventory & Costing:

  • Oversee inventory management, ensuring accuracy in stock records and periodic stock counts.
  • Calculate and track the cost of goods sold (COGS) and assist in setting product pricing.
  • Maintain proper documentation for all purchases, sales, and returns.

5. Team Management:

  • Supervise and mentor a team of junior accountants and ensure that all accounting tasks are completed efficiently.
  • Provide guidance and training to the accounting team as needed.

6. Financial Forecasting & Budgeting:

  • Prepare annual budgets and forecasts, monitoring variances throughout the year.
  • Track financial performance and recommend strategies to achieve business targets.

7. Internal Controls:

  • Develop and implement strong internal controls to prevent fraud and financial mismanagement.
  • Conduct regular audits and checks to ensure compliance with company policies and procedures.

Skills and Qualifications:

  • Education: Bachelor’s or Master’s degree in Accounting, Finance.
  • Experience: Minimum of 5-7 years of experience in accounting, with at least 2-3 years in a leadership role (preferably in the jewelry or retail sector).
  • Technical Skills: Proficiency in accounting software (e.g., Tally, SAP, QuickBooks) and Microsoft Office (Excel).
  • Knowledge: Strong knowledge of accounting principles, tax laws, financial reporting, and inventory management.
  • Leadership: Proven experience in team management and leadership.
  • Attention to Detail: High level of accuracy and attention to detail.
  • Analytical Skills: Strong analytical and problem-solving skills.
  • Communication: Excellent verbal and written communication skills.

Personal Attributes:

  • Strong work ethic and professionalism.
  • High integrity and ethical standards.
  • Ability to work under pressure and meet deadlines.
  • Proactive and self-motivated.

Compensation:

  • Competitive salary based on experience.

Job Type: Full-time

Pay: ₹30,000.00 - ₹50,000.00 per month

Work Location: In person

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