Accounts Executive

**Accounts Payable & Receivable**:

- **Accounts Payable (AP)**: Managing vendor invoices, processing payments, and ensuring bills are paid on time to avoid late fees or disruptions in supply chain.
- **Accounts Receivable (AR)**: Tracking customer payments, ensuring that invoices are collected promptly, and maintaining positive relationships with clients regarding payments.
- **Reconciliation of Accounts**:

- Regularly reconciling bank statements with internal records to ensure accuracy and identify discrepancies.
- Balancing ledgers, credit card accounts, and cash registers to maintain accurate books.
- **Processing Transactions**:

- Recording day-to-day financial transactions, such as sales, purchases, and overhead costs, into accounting systems.
- Managing petty cash, ensuring that all payments and receipts are correctly documented and reconciled.
- **Inventory and Stock Management**:

- Coordinating with the inventory department to match financial records with stock levels.
- Ensuring that purchases and sales transactions are accurately recorded, reflecting changes in stock.
- **Reporting and Documentation**:

- Preparing reports related to accounts payable, accounts receivable, and other financial transactions.
- Assisting in the preparation of monthly, quarterly, or annual financial reports for management.
- Filing and maintaining financial records and receipts for auditing and compliance purposes.
- **VAT/GST & Tax Compliance**:

- Ensuring that retail sales tax (e.g., VAT, GST) is calculated and recorded properly in compliance with local tax regulations.
- Assisting in the preparation of tax filings or liaising with external accountants for tax-related matters.
- **Support for Audits**:

- Assisting internal or external auditors by providing necessary financial documents and explanations.
- Ensuring that all accounts are prepared and organized for auditing purposes.
- **Communication with Vendors and Customers**:

- Managing vendor relationships to ensure timely payments and resolve any discrepancies with invoices.
- Communicating with customers regarding overdue payments or billing issues.
- **Budget and Expense Control**:

- Tracking and reporting on retail expenses, ensuring that spending is in line with the budget.
- Identifying cost-saving opportunities and suggesting improvements to financial processes.

Key Skills:

- **Accounting Knowledge**:

- A strong understanding of accounting principles (e.g., double-entry bookkeeping, accrual accounting).
- Familiarity with retail-specific accounting processes such as handling sales, returns, discounts, and inventory.
- **Attention to Detail**:

- The role requires accuracy in recording financial transactions, reconciling accounts, and identifying discrepancies.
- **Software Proficiency**:

- Proficiency in accounting software such as QuickBooks, SAP, or Oracle.
- Familiarity with Excel and other data management tools for tracking and reporting financial information.
- **Organizational Skills**:

- Ability to handle multiple tasks efficiently and manage a large volume of financial data without losing focus on accuracy.
- **Time Management**:

- Balancing multiple tasks such as processing invoices, reconciling accounts, and managing payments often with tight deadlines.
- **Problem-Solving Skills**:

- Ability to investigate discrepancies, understand their root causes, and resolve issues (e.g., billing errors, payment delays).
- **Communication Skills**:

- Clear communication with vendors, customers, and internal teams to resolve financial issues and keep everyone informed.
- **Basic Knowledge of Taxation**:
Pay: ₹20,000.00 - ₹45,000.00 per month

Schedule:

- Day shift

Supplemental Pay:

- Overtime pay
- Performance bonus

Ability to commute/relocate:

- Kanchipuram, Tamil Nadu: Reliably commute or planning to relocate before starting work (preferred)

**Education**:

- Bachelor's (preferred)

**Experience**:

- Accounting: 3 years (preferred)

**Language**:

- English (preferred)

**Location**:

- Kanchipuram, Tamil Nadu (preferred)

Work Location: In person