Accounts Executive, Devanahalli, Bangalore

Job Title: Accounts Executive Location: Devanahalli, Bangalore, Department: Finance and Accounts Reports to: Finance Manager

Company Overview:
Dynatech Tools and Devices specializes in the manufacture of high-quality aerospace components. Our commitment to precision, innovation, and customer satisfaction drives our success. We are seeking a skilled Accounts Executive to join our team and contribute to our financial accuracy and integrity.

Job Summary:
The Accounts Executive will be responsible for maintaining financial records, preparing financial statements, and supporting overall financial operations. This role requires attention to detail, strong analytical skills, and experience in accounting processes within a manufacturing setting, preferably in aerospace.

Key Responsibilities:

- **Accounts Receivable and Payable**:

- Manage invoicing, bill payments, and collections.
- Reconcile accounts receivable and payable records to ensure accuracy.
- Follow up on outstanding payments and coordinate with clients for timely payments.
- **Financial Data Management**:

- Record daily transactions in accounting software.
- Maintain organized records and support month-end and year-end closing processes.
- Assist in generating monthly, quarterly, and annual financial reports.
- **Budgeting and Cost Control**:

- Assist in budget preparation and track budget expenditures.
- Monitor manufacturing costs and compare with budgeted figures.
- Support cost analysis for materials and production to control expenses.
- **Tax Compliance and Reporting**:

- Prepare necessary documentation for GST, TDS, and other statutory tax filings.
- Ensure timely submission of tax returns and compliance with applicable regulations.
- Support annual audits and coordinate with external auditors as needed.
- **Inventory and Asset Management**:

- Work closely with procurement to track inventory expenses and validate material costs.
- Maintain records of fixed assets and manage depreciation schedules.
- **Financial Analysis**:

- Perform variance analysis for actual vs. budgeted expenses.
- Identify areas for cost savings and process improvements.
- **Bank Reconciliations and Cash Flow Management**:

- Handle bank reconciliations and monitor cash flow to ensure sufficient funds for operations.
- Assist in forecasting cash requirements and manage petty cash.

Qualifications:

- **Education**: Bachelor’s degree in Accounting, Finance, or related field.
- **Experience**: 2+ years of experience in an accounts role, preferably in manufacturing; aerospace industry experience is a plus.
- **Technical Skills**: Proficiency in accounting software (e.g., Tally, QuickBooks, or ERP systems); advanced MS Excel skills.
- **Knowledge**: Familiarity with GST, TDS, and other Indian tax regulations; experience in handling cost control and financial analysis.
- **Soft Skills**: Strong attention to detail, organizational skills, and the ability to work in a team-oriented environment.

Competencies:

- Analytical and problem-solving abilities
- Effective communication skills
- Strong time management skills and the ability to prioritize tasks
- High ethical standards and professional integrity

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

Pay: ₹400,000.00 - ₹610,201.87 per year

**Benefits**:

- Cell phone reimbursement
- Health insurance
- Internet reimbursement
- Leave encashment
- Life insurance
- Paid sick time
- Provident Fund

Schedule:

- Day shift

Supplemental Pay:

- Yearly bonus

**Experience**:

- total work: 2 years (required)

Work Location: In person