Accounts Payable Executive

2 weeks ago

Matunga Mumbai Maharashtra, India Just in time Full time

**About US**: JUST IN TIME is India’s leading retailer of global watch brands. We strive to provide all kinds of watches, from classic to the latest designs. As the authorised retailer of more than 40 international brands, we sell authentic products with warranties. JUST IN TIME has an amazing collection that showcases timeless design and innovation. We take steps to offer the best timepieces to our customers. JUST IN TIME has over 65 plus stores across India to offer the best daily wear, luxurious, fashionable, and smart watches.

**Outline of the Job**

The Accounts Executive will be responsible for managing daily accounting tasks, maintaining financial records, and ensuring accurate and timely processing of financial transactions. The role involves a thorough understanding of accounting principles, attention to detail, and the ability to work independently while supporting the overall financial health of the organization.

**Key Responsibilities**:
**Daily Accounting Tasks**:

- Record and maintain all financial transactions, including invoices, payments, receipts, and journal entries.
- Reconcile bank statements and ensure all financial data is accurate and up-to-date.
- Handle accounts payable and receivable, including vendor and customer interactions.

**Financial Reporting**:

- Assist in the preparation of monthly, quarterly, and annual financial statements and reports.
- Support the month-end and year-end closing processes.
- Prepare management reports, variance analysis, and budget tracking as required.

**Compliance and Audit**:

- Ensure compliance with financial regulations, standards, and company policies.
- Assist in internal and external audits by providing necessary documentation and support.
- Maintain records for tax purposes and assist in tax filings and compliance.

**Cash Flow Management**:

- Monitor cash flow and provide regular updates to management.
- Assist in preparing cash flow forecasts and managing company liquidity.

**Data Management**:

- Maintain an organized filing system for all financial documents and records.
- Ensure data accuracy in the accounting software and support the migration or integration of data when needed.

**Team Collaboration**:

- Collaborate with other departments for accurate data collection and entry.
- Provide support to the Accounts Manager and Finance Manager on special projects and tasks as needed.

**Qualifications and Skills**:

- Bachelor’s degree in Accounting, Finance, or a related field.
- 2-4 years of experience in accounting or a similar role.
- Proficiency in accounting software (e.g., Tally, QuickBooks, SAP, etc.) and Microsoft Excel.
- Strong understanding of accounting principles and practices.
- Excellent analytical and problem-solving skills.
- Attention to detail and accuracy.
- Good communication and interpersonal skills.
- Ability to work independently and as part of a team.

**Preferred Qualifications**:

- Experience in the retail industry will be an advantage.
- Knowledge of local tax regulations and compliance requirements.

Pay: ₹25,000.00 - ₹30,000.00 per month

Schedule:

- Day shift

Work Location: In person

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