Accountant - Senior

Job Description

Position Title: Sr. Executive – Finance & Accounts
Department: Finance & Accounts
Location: Erragadda, Gowdavelly and begum Bazaar Branches.
Reports To: Managing Director

Purpose of the Job

To manage day-to-day financial operations, ensure accuracy in financial reporting, maintain compliance with statutory requirements, and support overall financial health across all branches.

Key Responsibilities

• Supervise daily financial operations including transaction recording, reconciliation, and bank reconciliations across branches.
• Post financial transactions accurately and on time into the General Ledger (GL); maintain integrity and completeness of financial records.
• Ensure accuracy, compliance, and consistency of financial data across all locations.
• Perform and oversee inter-branch reconciliations.
• Prepare and submit financial reports such as:
• Profit & Loss Statements
• Budget vs Actuals
• Tax-related reports (GST, IT, etc.)
• Coordinate and support internal and statutory audits; assist in timely finalization of books and resolution of audit queries.
• Ensure timely and accurate payments to suppliers and vendors, adhering to agreed terms.
• Engage with internal and external stakeholders to resolve issues related to payments and receivables.
• Prioritize outstanding payables based on contractual obligations, history, and aging.
• Consolidate daily reports submitted by executives from various branches.
• Prepare and share weekly/monthly reports with the Managing Director.
• Identify and implement improvements in financial processes and accounting practices.
• Stay updated with industry trends, accounting standards, and compliance requirements through continuous learning.

Experience Requirements

• 4–8 years of experience in:
• Financial operations
• Bookkeeping and ledger maintenance
• Reconciliations
• Statutory accounting (GST, RCM, IT audits)
• Experience in retail operations is preferred.

Educational Qualifications

• M.Com / MBA (Finance)
• CA Inter / CA Foundation preferred

Key Performance Indicators (KPIs)

• AR/AP and bank reconciliation success rate
• Accuracy and timeliness of monthly financial reports
• % of payments made within agreed-upon terms
• Statutory filings and audit coordination
• General ledger accuracy and audit performance

Industry Knowledge

• Exposure to retail industry operations
• Understanding of:
• Inventory and procurement accounting
• Distribution and freight financials

Functional Competencies

• General Ledger & Accounting
• Reconciliation & Ledger Management
• Cash Flow Management
• Taxation & Statutory Compliance
• Tools: Zoho Books, MS Excel, Google Workspace
• Languages: Proficiency in English, Telugu, and Hindi

Managerial & Behavioral Competencies

• Attention to Detail
• Result Orientation
• Concern for Standards
• Initiative & Tenacity
• Efficiency Orientation

Job Type: Full-time

Pay: ₹450,000.00 - ₹700,000.00 per year

Benefits:

• Health insurance
• Provident Fund

Work Location: In person