Accounts Executive

1 week ago

Andheri Mumbai Maharashtra, India Damati Group Full time

**Job Title**: Accounts Executive

**Job Summary**:
The Accounts Executive at Damati Group is responsible for handling financial transactions, maintaining financial records, and ensuring compliance with company and regulatory financial standards. The role involves working closely with internal teams to deliver accurate financial reporting and support business operations.

**Key Responsibilities**:

- **Bookkeeping and Financial Transactions**:

- Accurately record financial transactions, manage accounts payable and receivable.
- Process invoices, payments, and ensure timely reconciliations.
- Maintain the petty cash system and track office expenses.
- **Financial Reporting**:

- Assist in preparing monthly, quarterly, and annual financial statements.
- Contribute to budget planning, financial forecasting, and variance analysis.
- Reconcile bank statements and resolve discrepancies.
- **Tax Compliance and Audits**:

- Assist in the preparation and filing of tax returns, ensuring adherence to local tax laws.
- Provide necessary documentation for internal and external audits.
- **General Ledger Maintenance**:

- Maintain and update the general ledger.
- Ensure all journal entries are recorded accurately and reflect current financial data.
- **Vendor and Client Liaison**:

- Communicate with suppliers and customers regarding invoicing, payments, and financial matters.
- Manage accounts receivable and ensure timely collection of outstanding payments.
- **Payroll and Statutory Compliance**:

- Assist in payroll processing, ensuring compliance with statutory deductions and timely payments.
- Ensure all financial activities comply with company policies and local financial regulations.
- **Internal Controls and Policy Adherence**:

- Implement and maintain internal controls over financial transactions.
- Ensure all financial activities align with Damati Group’s financial policies.

**Qualifications and Skills**:

- **Minimum Qualification**: M.Com (Master of Commerce).
- Strong knowledge of accounting principles and financial reporting standards.
- Proficiency in accounting software (e.g., Tally, QuickBooks, or other ERP systems).
- Strong attention to detail and organizational skills.
- Excellent communication skills and ability to work collaboratively with the team.

**Preferred Experience**:

- 2-4 years of experience in an accounting role.
- Experience with tax compliance, financial reporting, and audits.
- Familiarity with Indian financial regulations and tax systems.

**Benefits**:

- Health insurance
- Provident Fund

Schedule:

- Day shift

**Education**:

- Master's (required)

Work Location: In person

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