Senior Accountant (Jewellery Industry)

5 - 8 years

1 - 2 Lacs

Posted:8 hours ago| Platform: GlassDoor logo

Apply

Work Mode

On-site

Job Type

Full Time

Job Description

We are seeking a detail-oriented and experienced Senior Accountant with a strong background in the jewellery industry. The ideal candidate will be responsible for managing all financial activities, including inventory costing, reconciliation, compliance, and financial reporting.

Key Responsibilities:Financial Management & Reporting

  • Prepare monthly, quarterly, and annual financial statements in accordance with accounting standards.
  • Analyze financial performance and provide actionable insights to management.
  • Handle budgeting, forecasting, and variance analysis.
  • Ensure timely closing of books and reconciliation of accounts.

Inventory & Cost Accounting

  • Monitor and manage inventory costing, including raw materials (gold, diamonds, gemstones) and finished goods.
  • Implement and maintain cost accounting systems specific to jewellery production and trading.
  • Conduct physical inventory checks and reconcile discrepancies.

Taxation & Compliance

  • Ensure compliance with local, state, and federal government reporting requirements and tax filings (e.g., VAT, GST, import/export duties).
  • Work with external auditors during audits and ensure all documentation is accurate and complete.

Accounts Payable/Receivable

  • Supervise AP/AR processes and ensure accurate recording of transactions.
  • Oversee vendor and customer account reconciliations.

Internal Controls & Process Improvement

  • Develop and enforce internal financial and accounting policies and procedures.
  • Identify opportunities for process improvement and cost efficiency.

Team Collaboration

  • Supervise junior accountants and provide mentorship.
  • Collaborate with production, procurement, and sales teams for financial planning and control.

Requirements:

  • Bachelor’s degree in Accounting, Finance, or related field (CPA/CA/CMA is a plus).
  • Minimum 5-8 years of accounting experience, preferably in the jewellery, luxury goods, or manufacturing industry.
  • In-depth knowledge of cost accounting, inventory valuation, and financial reporting.
  • Proficiency in accounting software (e.g., Tally, SAP, QuickBooks, or other ERP systems).
  • Strong analytical and problem-solving skills.
  • Excellent attention to detail and organizational skills.
  • Ability to work under pressure and meet deadlines.

Job Types: Full-time, Permanent

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

Benefits:

  • Health insurance
  • Leave encashment

Work Location: In person

Mock Interview

Practice Video Interview with JobPe AI

Start Job-Specific Interview
cta

Start Your Job Search Today

Browse through a variety of job opportunities tailored to your skills and preferences. Filter by location, experience, salary, and more to find your perfect fit.

Job Application AI Bot

Job Application AI Bot

Apply to 20+ Portals in one click

Download Now

Download the Mobile App

Instantly access job listings, apply easily, and track applications.

coding practice

Enhance Your Skills

Practice coding challenges to boost your skills

Start Practicing Now