Accounts Executive ( MALE Candiadate ONLY)

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