Accounts Assistant

**JOB DESCRIPTION**

**Job Profile: Account Executive**

**Role Overview**: As an Accounts Executive in the automobile industry, your primary responsibility is to manage financial transactions, records, and reporting for the dealership or automotive service center. You will ensure accuracy in financial data, adherence to accounting principles, and compliance with regulatory requirements.

**Responsibilities**:

- **Bookkeeping and Accounting**:

- Record financial transactions, including purchases, sales, receipts, and payments, in accounting software or spreadsheets.
- Maintain accurate and up-to-date ledgers, journals, and financial records for accounts payable, accounts receivable, and general ledger accounts.
- Reconcile bank statements, credit card statements, and other financial accounts to ensure consistency and accuracy.
- **Invoicing and Billing**:

- Generate and send invoices to customers for vehicle sales, service repairs, parts sales, and other dealership transactions.
- Verify invoice details, pricing, and terms against sales orders, purchase orders, and service agreements.
- Follow up on overdue payments, resolve billing discrepancies, and coordinate with customers and internal departments to ensure timely payment processing.
- **Accounts Payable and Receivable**:

- Process accounts payable invoices, expense reports, and vendor payments in accordance with payment terms and budgetary guidelines.
- Monitor accounts receivable aging reports, follow up on outstanding receivables, and reconcile customer accounts as needed.
- Prepare and distribute customer statements, reminders, and collection notices to facilitate payment reconciliation.
- **Financial Reporting**:

- Prepare monthly, quarterly, and annual financial statements, including balance sheets, income statements, and cash flow statements.
- Analyze financial data, trends, and variances to identify areas for improvement, cost-saving opportunities, and revenue enhancement strategies.
- Present financial reports and analysis to management, stakeholders, and external auditors as required.
- **Tax Compliance**:

- Ensure compliance with tax regulations, filing deadlines, and reporting requirements for federal, state, and local taxes.
- Assist in preparing and filing tax returns, including sales tax, payroll tax, and income tax filings.
- Maintain organized tax records, documentation, and supporting schedules for audits and inquiries.
- **Purchase and Sale Entry for GST Statement**:

- Record purchase invoices, input tax credit (ITC), and tax payments accurately to ensure compliance with Goods and Services Tax (GST) regulations.
- Document sales transactions, including taxable value, GST rates, and tax collected, to prepare GST returns and statements.
- Reconcile GST input tax credit (ITC) with purchase invoices and output tax liability with sales invoices to maintain accurate GST records.
- Prepare and file GST returns, including GSTR-1 (Outward Supplies) and GSTR-3B (Monthly Summary Return), within prescribed deadlines.

**Requirements**:

- .
- Proven experience in accounting or finance roles, preferably in the automobile industry.
- Proficiency in accounting software such as QuickBooks, Peachtree, or SAP.
- Strong attention to detail and accuracy in financial data entry and analysis.
- Excellent organizational and time management skills to meet deadlines and manage multiple tasks simultaneously.
- Knowledge of accounting principles, financial reporting standards, and tax regulations.
- Effective communication and interpersonal skills for collaborating with colleagues and external stakeholders.
- Ability to maintain confidentiality and handle sensitive financial information with integrity.

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

Pay: ₹15,000.00 - ₹25,000.00 per month

**Benefits**:

- Cell phone reimbursement

Schedule:

- Day shift
- Monday to Friday

Supplemental Pay:

- Performance bonus

Work Location: In person

Application Deadline: 03/08/2025
Expected Start Date: 01/08/2025