Accountant

Purchase Accounting Purchase Order Processing Create and review purchase orders POs based on requisitions from various departments Ensure POs are approved according to company policy before being sent to suppliers Goods Receipt Match goods received with purchase orders and supplier invoices Record goods received in the inventory management system Supplier Invoices Verify and process supplier invoices against purchase orders and delivery receipts Ensure accurate coding of invoices to the correct accounts and cost centers Payment Processing Schedule and process payments to suppliers according to agreed payment terms Reconcile supplier statements with company records to resolve any discrepancies Sales Accounting Sales Order Processing Review and approve sales orders received from customers Ensure sales orders are entered accurately into the accounting system Invoicing Generate and issue invoices to customers based on delivered goods or services Ensure invoices are compliant with GST laws including proper documentation of GST amounts Revenue Recognition Recognize revenue according to applicable accounting standards GAAP or IFRS Ensure revenue is recorded in the correct accounting period Accounts Receivable Monitor accounts receivable aging and follow up on overdue accounts Implement credit control measures to minimize bad debts Expense Accounting Expense Recording Record all expenses accurately and timely in the accounting system Ensure expenses are coded to the correct accounts and cost centers Employee Reimbursements Process employee expense reports and ensure compliance with company policy Verify supporting documentation and approve reimbursements Prepaid Expenses Track and amortize prepaid expenses over the relevant periods Ensure accurate allocation of prepaid expenses to the correct periods GST Law Compliance India GST Registration Ensure the company is properly registered for GST and maintain updated registration details GST Invoicing Issue GST-compliant invoices for all taxable supplies Ensure proper classification of goods and services under HSN and SAC codes Input Tax Credit ITC Track and claim ITC on eligible purchases and expenses Ensure proper documentation and compliance with GST rules for claiming ITC GST Returns Prepare and file periodic GST returns GSTR-1 GSTR-3B and annual returns Reconcile GST returns with financial records and rectify any discrepancies GST Payments Calculate and remit GST liability on time to avoid penalties Maintain records of all GST payments made GST Audits and Assessments Coordinate and manage GST audits and assessments Prepare necessary documentation and respond to queries from tax authorities Inventory and Stock Management Inventory Recording Maintain accurate records of inventory transactions including receipts issues and transfers Ensure inventory records are updated in real-time Inventory Valuation Apply appropriate methods FIFO LIFO weighted average for inventory valuation Ensure inventory is valued correctly in financial statements Physical Inventory Counts Conduct regular physical inventory counts and reconcile with system records Investigate and resolve discrepancies between physical counts and recorded inventory Inventory Control Implement and monitor internal controls to prevent inventory theft loss and damage Use inventory management software to track stock levels and movements Obsolescence Management Identify slow-moving and obsolete inventory Adjust inventory records and financial statements to reflect obsolescence Reorder Levels Establish and monitor reorder levels to maintain optimal inventory levels Ensure timely replenishment of stock to avoid stockouts Inventory Analysis Analyze inventory turnover ratios and identify trends Provide insights and recommendations for inventory optimization By covering these detailed aspects of purchase sale expense accounting GST compliance and inventory management the accountant ensures that the company s financial records are accurate compliant with regulations and supportive of effective business operations Job Type Full-time Pay 20 000 00 per month Education Bachelor s Preferred Experience Articleship 3 years Preferred Accounting 2 years Preferred Work Location In person