Senior Accountant

Job Title: Senior Accountant

Department: Accounts
Reports To: Director

Job Summary:

The Senior Accountant will oversee all accounting and financial operations for the multi-designer fashion store, ensuring accuracy, transparency, and compliance. The role involves managing day-to-day accounts, vendor payments, designer settlements, inventory valuation, and financial reporting, while supporting management with data-driven insights for profitability and cost control.

Key Responsibilities:

• Manage day-to-day accounting operations, including purchase, sales, expense, and petty cash entries.
• Handle designer commission calculations, settlements, and payments.
• Prepare monthly and annual financial statements, P&L reports, and balance sheets.
• Oversee GST, TDS, and other statutory filings as per government regulations.
• Maintain vendor and designer ledgers, ensure timely reconciliations and payments.
• Monitor inventory valuation and coordinate with the retail and warehouse teams for accurate stock records.
• Supervise billing, POS entries, and cash flow management at store level.
• Assist management with budgeting, cost analysis, and profitability tracking.
• Coordinate with auditors, banks, and external consultants.
• Implement accounting controls and ensure all financial documentation is properly maintained.

Qualifications & Skills:

• Bachelor’s or Master’s degree in Accounting, Finance, or Commerce.
• 3–5 years of accounting experience, preferably in retail, fashion, or luxury sector.
• Strong knowledge of Tally ERP, Excel, and retail billing/POS systems.
• Good understanding of designer sales models, consignment accounting, and commission structures.
• Detail-oriented, organized, and reliable with strong analytical skills.
• Excellent communication and coordination abilities.

Key Competencies:

• Accuracy & integrity in financial reporting
• Understanding of retail & designer brand operations
• Vendor & designer relationship management
• Confidentiality and professionalism
• Time management and leadership

Job Types: Full-time, Permanent

Pay: ₹360,000.00 - ₹420,000.00 per year

Benefits:

• Paid time off