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Account Executive

2 months ago

Gurugram, India Veelo Mobility Private Limited Full time

Job Title: Accounts Executive (Dual Role for 2 Sister Companies)


Overview:


We are seeking a detail-oriented Accounts Executive to efficiently manage financial operations for two sister companies: Company 1, a leading manufacturer of games and activities for children up to 8 years old with significant sales through Amazon India, and Company 2, a new age e-mobility company with BaaS at it’s heart for last mile and hyperlocal delivery partners. The ideal candidate will be responsible for handling a diverse range of accounting tasks, ensuring accurate financial record-keeping, and assisting with financial reporting to support the growth and success of both companies.


Key Responsibilities for Company 1:


1.      Prepare and issue sales invoices accurately and in a timely manner.

2.      Input purchase entries into the accounting system, ensuring accuracy and completeness.

3.      Manage inventory in Tally or similar software, monitor stock levels, and reconcile discrepancies.

4.      Prepare weekly, monthly, quarterly, and annual management information system (MIS) reports as per the defined timelines.

5.      Ensure compliance with tax regulations by accurately calculating and deducting TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) from applicable transactions.

6.      File timely and accurate GST (Goods and Services Tax) returns, including GSTR-1, GSTR-3B, and other applicable forms.

7.      Reconcile financial discrepancies and resolve any issues or discrepancies that arise during the accounting process.

8.      Assist in the preparation of financial statements, including consolidation of branches, balance sheets, profit and loss statements, and cash flow statements.

9.      Support the external audit process by providing necessary documents and explanations.

10.   Maintain and organize financial records of branches, including invoices, receipts, and other supporting documents.

11.   Stay updated with changes in tax laws and regulations related to TDS, TCS, and GST.

12.   Collaborate with cross-functional teams, such as sales, procurement, and finance, to ensure accurate and timely recording of financial transactions.


Key Responsibilities for Company 2:


1.      Asset and Spares Management: Record sales and purchases of assets and spare parts accurately.

2.      Loan Repayment Tracking: Maintain a schedule for loan repayments and ensure timely payments.

3.      Expense Booking: Record and categorize company expenses accurately.

4.      Petty Cash Management: Oversee and reconcile petty cash transactions.

5.      Investor Payments: Ensure timely and accurate payments to investors.

6.      Battery Payout Calculations: Calculate weekly battery payouts accurately and efficiently.

7.      Sales Commissions Verification: Record and verify sales commissions related to vehicle sales.

8.      Financial Reporting: Prepare reports comparing projected and actual revenue and expenses.

9.      Branch Performance Reporting: Generate reports assessing the financial performance of different branches.


Qualifications and Skills:


·       Bachelor's degree in Finance, Accounting, or a related field.

·       Proven experience as an Accounts Executive or in a similar accounting role.

·       Proficiency in using accounting software, preferably Tally.

·       Understanding of tax regulations, including TDS, TCS, and GST.

·       Excellent MS Excel skills for data analysis and reporting.

·       Detail-oriented with a high level of accuracy in financial record-keeping.

·       Ability to prioritize tasks, meet deadlines, and handle multiple responsibilities simultaneously.

·       Experience in the e-commerce or manufacturing industry will be an advantage.


This is an excellent opportunity to contribute to the growth of two dynamic sister companies with exciting prospects in their respective markets. The successful candidate will play a vital role in maintaining financial integrity, assisting with strategic decision-making, and supporting the overall financial health of both organizations.