Account Executive

2 months ago


Chennai Tamil Nadu, India IG International Pvt Ltd Full time

**Position Overview**:
The Accounts Executive will be responsible for managing the financial activities of the FMCG shop, including invoicing, payments, expense tracking, and financial reporting. The role involves maintaining accurate financial records, ensuring compliance with accounting standards, and supporting the overall financial health of the store.

**Key Responsibilities**:

- **Invoicing & Billing**: Generate, verify, and process sales invoices, receipts, and credit notes for all transactions.
- **Accounts Payable & Receivable**: Monitor and manage incoming and outgoing payments, ensuring timely payment collection from customers and suppliers.
- **Cash Management**: Handle daily cash flow, bank deposits, and reconcile cash register discrepancies.
- **Expense Tracking**: Maintain records of shop expenses, including inventory purchases, utilities, salaries, and other operational costs.
- **Bank Reconciliation**: Regularly reconcile bank statements with the shop's financial records to ensure accuracy.
- **Inventory Accounting**: Coordinate with the inventory management team to track stock levels and ensure accurate valuation of goods.
- **Tax Compliance**: Ensure compliance with applicable tax laws and prepare tax returns, VAT filings, and other necessary documentation.
- **Financial Reporting**: Prepare financial reports, including profit and loss statements, balance sheets, and cash flow statements, for management review.
- **Audit Preparation**: Assist in the preparation and coordination of external and internal audits.
- **Vendor & Supplier Management**: Manage relationships with suppliers, ensuring accurate billing, payments, and adherence to credit terms.
- **Data Entry & Record Keeping**: Maintain updated and organized accounting records in both physical and digital formats, ensuring data accuracy and completeness.

**Key Performance Indicators (KPIs)**:

- Accuracy and timeliness in processing payments and invoices.
- Efficiency in managing accounts receivable and accounts payable.
- Accuracy of financial reports and statements.
- Reduction in discrepancies between cash registers and bank records.
- Compliance with tax regulations and deadlines.

**Qualifications**:

- **Education**: Bachelor's degree in Accounting, Finance, or a related field.
- **Experience**: 2+ years of accounting experience, preferably in a retail or FMCG environment.

Pay: Up to ₹20,000.00 per month

**Education**:

- Bachelor's (preferred)

**Experience**:

- total work: 2 years (preferred)

Work Location: In person


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