Accounts Executive ( MALE Candiadate ONLY)

Job Description

Main Duties & Responsibilities Financial Accounting Oversee accounts payable, accounts receivable, cash disbursements, payroll (payments & TDS) and bank reconciliation functions. Ensure that all accounting effects are appropriately taken and documented. Ensure all entries of sales, purchase, expenses, for assigned group companies are done in an accurate and timely fashion Helping the team in entries as and when required Accounts Payable Receiving bills & entering in the system Review and approve all invoices to be paid Prepare list of creditors Resolve queries of customers pertaining to bills and/or other related matters Handle collections on invoices, especially ones that are overdue. Accounts Receivables Prepare list of debtors Follow up with Sales Team for recovery of funds Resolve queries of customers pertaining to bills and/or other related matters Handle collections on invoices, especially ones that are overdue. Taxation & Compliances Management Working with the consulting CA to understand and implement Tax compliances & statutory audits Solving queries of the taxation department through correspondence or personal visits Working with the consulting CS to understand and implement Company law compliances & ROC statutory requirements Working with the Excise and GST Consultant to understand and implement GST Working with the Labour Consultant to understand and implement PF/ESIC/Bonus/Gratuity and other labour law compliances E-filing of returns of all above mentioned taxes Ensure company records are kept organized and readily available for examination. Banking Operations Ensure the monthly and quarterly bank compliance activities are performed in a timely and accurate manner. Ensuring all bank statements are reconciled against accounting transactions Ensuring cash/cheque deposits and withdrawals, documents submissions run smoothly Ensuring all transactions of RTGS/NEFT and other funds transfer run smoothly Ensuring accurate and timely processing of payments of monthly salary and other creditors Booking of Forex Rates as per despatch plans Building and maintaining relationships with important officers in banks Imports Accounting Completing all licensing process required for imports Generating letter of credit Fixing foreign exchange rates Complying to all FEMA/FERA formalities Complete all banking formalities for imports Inventory Accounting Maintain records of cost of raw materials and cost of producing them and add them into finished good Conduct Stock audits to ensure physical stock matches with system stock Generate inventory reports to make sure there are no discrepancies or variances Identify root cause of discrepancies