Accountant

4 weeks ago

Mumbai, Maharashtra, India Saphed Full time
Job descriptionAbout SaphedSaphed is one of India's most purposeful D2C brands working exclusively with 100% pure linen and linen blends. Based in India and inspired by its crafts, climates, and cultures, we are on a mission to build a future-forward textile company rooted in design, sustainability, and integrity. With a growing customer base and a recently launched flagship store in Mumbai, we're now scaling our operations — and we're looking for a meticulous, motivated, and responsible Senior Accountant to join our core team.Key Responsibilities
Prepare monthly MIS reports, cash flow statements, P&L, and balance sheetAssist in budgeting, forecasting, and variance analysisRecord and manage day-to-day financial transactions in TallyReconcile revenue with receipts from bank accounts, payment gateways, and in-store collectionsEnsure timely vendor payments and maintain supporting recordsRecord and reconcile daily entries from bank accounts and payment gatewaysMaintain proper documentation of all invoices, bills, and financial recordsPrepare and file GST returns; reconcile GSTR 2A/2B with books of accountsCalculate monthly TDS and make timely online paymentsConduct TDS reconciliation and assist in filing quarterly returnsMaintain and update the salary register for payroll processingCalculate and process statutory deductions like PT, PF, and ESIC as per lawPerform regular debtor and creditor reconciliations to track outstanding balancesMaintain the stock register and reconcile it with physical inventoryTrack and record petty cash expenses accuratelyProvide documentation and support during internal and external auditsLiaise with external consultants, chartered accountants, and auditors as neededCoordinate with external auditors for quarterly/annual auditsImplement and monitor internal controls for expense tracking and inventoryWork with operations to monitor raw material inventory, COGS, and landed costsProvide accounting support for Shopify sales, warehouse stock reconciliation, and returnsHandle all banking transactions including cheque deposits, NEFT/RTGS transfers, and cash deposits/withdrawals as neededCoordinate with bank relationship managers for account statements, KYC updates, and documentationMonitor daily bank balances to ensure adequate funds for payments and operational needsPrepare and schedule payments for vendors, salaries, statutory dues, reimbursements, and other operational expenses
Skills & Requirements
Strong command over Tally ERP and MS ExcelSound knowledge of GST, TDS, PT, PF, and ESIC complianceExcellent organizational and record-keeping skillsAccuracy and attention to detail in all accounting functionsPrior experience in a startup or retail environment is a plusAbility to manage responsibilities independently and meet deadlines
Requirements
Bachelor's degree in Accounting or Commerce; CA Inter or M.Com preferredMinimum 4–5 years of experience in a similar role, preferably in a D2C or manufacturing setupProficient in Tally and Google SheetsStrong understanding of Indian taxation (GST, TDS, etc.)Attention to detail, strong organizational skills, and the ability to work independentlyBonus: Experience working with fashion, retail, or textile brands
What We Offer
Competitive compensation and performance-linked bonusA collaborative, design-driven work cultureExposure to building and scaling a sustainable Indian brand with global ambitionsA chance to work directly with the founding team

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