Senior Accountant

PURPOSE OF THE JOB: • Oversee day-to-day financial transactions, including processing payables and receivables, reconciliations, posting of entries in GL to ensure accurate and timely recording of financial activities. • Compile and submit financial reports such as P&L, Budget vs Actuals, and tax-related reports for all branches. • Proactively engage with internal and external stakeholders for collaborative resolution of payable and receivable issues. • Ensure compliance with financial regulations and company policies, establish transparent communication with clients and stakeholders.  EXPERIENCE: 4-8 years of experience in handling day-to-day financial operations, Book Keeping, general ledger, reconciliation, and financial reporting with knowledge of Statutory Accounting like GST, RCM and Income Tax Audits Retail operations environment is preferred. INDUSTRY KNOWLEDGE / OTHERS: • Exposure to retail environments and an understanding of retail operations and logistics movement is preferred. • Expertise in financial aspects related to inventory, procurement, distribution, and freight movement is a significant advantage. FUNCTIONAL COMPETENCIES: • GL & Accounting • Reconciliation • Ledger Management • Cash Flow Management • Tax & Statutory Compliance • Proficient in Zoho Books & similar applications • Proficient in Digital Tools like MS-Excel /Office/ Google workspace • Proficient in Language (English, Telugu & Hindi). ROLES & RESPONSIBILITIES: • Supervise daily financial operations, including transaction recording, reconciliation, and bank reconciliation for branches. • Oversee posting of transactions in the General Ledger (GL) system, ensuring accurate and timely recording of financial activities and categorize and allocate transactions appropriately, maintaining the integrity and completeness of the GL. • Ensure the accuracy and compliance of financial data across branches. • Oversee the inter-branch reconciliation process to ensure consistency and accuracy and maintain accurate and up-to-date general ledger records. • Compile and submit various financial reports like financial statements (including P&L), Budget vs Actuals, and tax-related reports covering all branch operations. • Coordinate with auditors during internal and external audits, ensuring on-time finalizations of books & closure of queries. • Ensure compliance with financial regulations (GST, IT, etc.), accounting standards, and company policies. • Oversee payments to suppliers and vendors in a timely manner, ensuring adherence to payment terms and agreements. • Proactively engage with internal and external stakeholders, ensuring timely responses and collaborative resolution of payment issues, while prioritizing accounts based on payment history, outstanding amounts, and contractual obligations. • Compiling daily reports submitted by executives from various branches for consolidation. • Prepare and send a weekly/monthly report to the Managing Director • Proactively identify opportunities for process improvement and implement best practices in financial and accounting procedures. • Continuously equip self with industry and functional trends through learning/training and certifications.