Junior Accounts Executive

3 weeks ago

Payyannur KL IN Ideal Decor Home Private Limited Full time

Financial Record Management Maintain accurate records of all financial transactions related to inventory sales purchases expenses and income Ensure that all accounts are up-to-date and compliant with company policies and accounting standards 2 Inventory Cost Management Track the costs associated with furniture inventory including raw materials manufacturing if applicable and finished goods Perform regular inventory checks and reconcile any discrepancies between physical inventory and records 3 Accounts Payable and Receivable Manage accounts payable ensuring timely payment to suppliers for furniture and materials Track accounts receivable follow up on outstanding payments and work with customers to resolve billing issues 4 Budgeting and Forecasting Develop financial budgets and forecasts for the furniture business considering seasonal trends and market demand Provide management with budget-to-actual comparisons and make recommendations to improve financial performance 5 Cost Analysis and Pricing Support Analyze the costs of furniture products to determine profitability and recommend pricing adjustments if needed Work with the sales and production teams to ensure prices cover costs and align with company objectives 6 Payroll Management Handle payroll for all employees ensuring accurate calculations for wages bonuses and deductions Ensure compliance with local tax and labor laws regarding payroll processing 7 Tax Preparation and Compliance Prepare tax filings including sales tax VAT and other relevant taxes for the furniture industry Ensure compliance with all tax regulations and assist with audits if required 8 Financial Reporting Prepare monthly quarterly and annual financial statements income statement balance sheet cash flow statement to provide a clear picture of the business s financial health Analyze and present financial reports to management to support strategic decision-making 9 Cash Flow Management Monitor cash inflows and outflows to ensure the business has sufficient funds to meet operational needs Provide cash flow forecasts and suggest strategies to improve cash flow where necessary 10 Audit and Internal Controls Establish and monitor internal controls to safeguard assets and prevent fraud Work with external auditors to ensure compliance with industry regulations and best practices 11 Financial Strategy and Planning Assist management in financial planning by providing insights on cost-saving opportunities and areas for investment Offer advice on potential risks and financial implications of major business decisions such as purchasing large inventories or opening new showrooms Job Types Full-time Permanent Pay 12 000 00 - 15 000 00 per month Benefits Food provided Paid sick time Provident Fund Work Location In person

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