Sr. Accountant

Job Description

Responsibilities: General Ledger Management: Oversee and manage the general ledger, ensuring all financial transactions are accurately recorded, classified, and reconciled. Perform complex journal entries and adjustments as needed. Month-End & Year-End Closing: Lead and execute the month-end and year-end closing processes, including preparing accruals, prepayments, depreciation, and other necessary adjustments. Ensure timely and accurate closure of books. Financial Reporting: Prepare and analyze various financial statements, including Profit & Loss accounts, Balance Sheets, and Cash Flow Statements, in compliance with Indian Accounting Standards (Ind AS) or Accounting Standards (AS) as applicable. Generate management reports, variance analysis, and other ad-hoc financial reports for decision-making. Accounts Payable & Receivable Oversight: Supervise and review the work related to accounts payable (vendor invoice processing, payments) and accounts receivable (invoicing, collections), ensuring accuracy and efficiency. Bank & Inter-Company Reconciliation: Perform complex bank reconciliations and inter-company reconciliations regularly, identifying and resolving discrepancies promptly. Taxation & Compliance: Ensure compliance with all relevant Indian tax laws, including GST (Goods and Services Tax) , TDS (Tax Deducted at Source) , Income Tax , and other statutory compliances. Assist in the preparation and filing of various tax returns and regulatory reports. Liaise with tax authorities and external consultants as required. Fixed Asset Management: Maintain fixed asset registers, manage depreciation calculations, and ensure proper accounting of additions, disposals, and transfers. Budgeting & Forecasting Support: Assist the Finance Manager in the preparation of annual budgets and periodic financial forecasts by providing historical data and insights. Audit Coordination: Serve as a key point of contact for internal and external auditors, providing necessary documentation, explanations, and support during audit engagements. Internal Controls: Identify and recommend improvements to accounting processes and internal controls to enhance efficiency, accuracy, and mitigate financial risks. Team Supervision/Mentorship (if applicable): Guide and mentor junior accounting staff, providing technical support and reviewing their work. Communication (Local Emphasis): Communicate effectively with internal departments, external vendors, clients, and statutory bodies. Proficiency in Marathi and Hindi is essential for local interactions. Excellent English proficiency is required for official documentation, reporting, and broader corporate communication.