Account Executive

1 month ago


Tiruchchirappalli, India Vcatapult recruitment solutions Full time

**Job description**

**Job Title : Accountant Executive**

**Location : Trichy**

**Exprience : 1 Year**

We are seeking an experienced Accountant with a background in the industry to join our team. As an Accountant, you will be responsible for managing the financial operations of our business, including financial reporting, budgeting, inventory control, and analysis of financial data. Your expertise in -specific accounting practices and industry regulations will contribute to the financial success and growth of our company.

**Responsibilities**:
Financial Reporting:
**Tally Must**

Prepare accurate and timely financial statements, including income statements, balance sheets, and cash flow statements.

Analyze financial data and provide insights to management regarding business performance, trends, and opportunities.

Ensure compliance with accounting standards, regulations, and company policies.

Budgeting and Forecasting:
Develop and monitor the annual budget, providing recommendations for cost optimization and revenue enhancement.

Collaborate with department heads to prepare and review budget proposals and forecasts.

Track and report on budget variances, providing explanations and suggesting corrective actions.

Inventory Management:
Oversee the inventory control process, including monitoring stock levels, conducting regular audits, and reconciling inventory records.

Collaborate with the sales and purchasing teams to ensure accurate recording of inventory transactions and proper valuation of items.

Analyze inventory turnover, identify slow-moving or obsolete items, and propose strategies for inventory optimization.

Accounts Payable and Receivable:
Manage the accounts payable and accounts receivable processes, ensuring accurate recording and timely processing of invoices, payments, and collections.

Reconcile vendor statements, resolve discrepancies, and maintain good relationships with suppliers.

Monitor customer accounts, follow up on outstanding payments, and manage the credit control process.

Financial Analysis:
Conduct financial analysis, including profitability analysis, cost analysis, and pricing analysis for products.

Provide financial insights and recommendations to support decision-making on pricing, product mix, and promotional strategies.

Identify opportunities for cost savings, revenue growth, and process improvements through data analysis.

Compliance and Auditing:
Assist in internal and external audits, ensuring compliance with accounting principles and regulatory requirements.

Maintain proper documentation and records to support financial transactions and audits.

Implement internal controls to safeguard company assets and mitigate financial risks.

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

Previous experience as an Accountant in the industry is required.

Strong knowledge ofspecific accounting practices, including inventory valuation, consignment accounting, and gemstone inventory management.

Proficiency in accounting software and Microsoft Excel.

Analytical mindset with excellent attention to detail.

Strong communication and interpersonal skills.

Ability to work independently and collaboratively in a fast-paced environment

**Salary**: ₹10,000.00 - ₹15,000.00 per month

**Benefits**:

- Health insurance

Schedule:

- Day shift

Supplemental pay types:

- Performance bonus

**Job Types**: Full-time, Permanent

**Salary**: ₹10,000.00 - ₹15,000.00 per month

**Benefits**:

- Health insurance
- Provident Fund

Schedule:

- Day shift
- Morning shift

Supplemental pay types:

- Performance bonus
- Yearly bonus

Work Location: In person


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