Accounts Executive - Male

Job description:

1. Financial Record Management

• Maintain accurate records of all financial transactions related to inventory, sales, purchases, expenses, and income.
• Ensure that all accounts are up-to-date and compliant with company policies and accounting standards.

2. Inventory Cost Management

• Track the costs associated with furniture inventory, including raw materials, manufacturing (if applicable), and finished goods.
• Perform regular inventory checks and reconcile any discrepancies between physical inventory and records.

3. Accounts Payable and Receivable

• Manage accounts payable, ensuring timely payment to suppliers for furniture and materials.
• Track accounts receivable, follow up on outstanding payments, and work with customers to resolve billing issues.

4. Budgeting and Forecasting

• Develop financial budgets and forecasts for the furniture business, considering seasonal trends and market demand.
• Provide management with budget-to-actual comparisons and make recommendations to improve financial performance.

5. Cost Analysis and Pricing Support

• Analyze the costs of furniture products to determine profitability and recommend pricing adjustments if needed.
• Work with the sales and production teams to ensure prices cover costs and align with company objectives.

6. Payroll Management

• Handle payroll for all employees, ensuring accurate calculations for wages, bonuses, and deductions.
• Ensure compliance with local tax and labor laws regarding payroll processing.

7. Tax Preparation and Compliance

• Prepare tax filings, including sales tax, VAT, and other relevant taxes for the furniture industry.
• Ensure compliance with all tax regulations and assist with audits if required.

8. Financial Reporting

• Prepare monthly, quarterly, and annual financial statements (income statement, balance sheet, cash flow statement) to provide a clear picture of the business’s financial health.
• Analyze and present financial reports to management to support strategic decision-making.

9. Cash Flow Management

• Monitor cash inflows and outflows to ensure the business has sufficient funds to meet operational needs.
• Provide cash flow forecasts and suggest strategies to improve cash flow where necessary.

10. Audit and Internal Controls

• Establish and monitor internal controls to safeguard assets and prevent fraud.
• Work with external auditors to ensure compliance with industry regulations and best practices.

11. Financial Strategy and Planning

• Assist management in financial planning by providing insights on cost-saving opportunities and areas for investment.
• Offer advice on potential risks and financial implications of major business decisions, such as purchasing large inventories or opening new showrooms.

Job Types: Full-time, Permanent

Pay: ₹15,000.00 - ₹20,000.00 per month

Benefits:

• Food provided
• Paid time off

Experience:

• Accounting: 1 year (Required)
• Tally: 1 year (Required)

Language:

• English (Preferred)

Work Location: In person