Account Executive
1 week ago
Roles & Responsibilities for an Accounts Executive – Compliance in a Lighting / FMEG / Electrical Trading & Manufacturing organization:
Accounts Executive – Compliance
Department: Finance & Accounts
Industry: Lighting / FMEG / Electrical / Manufacturing / Trading
Reports to: Manager – Accounts / Compliance Head / Finance Controller
Key Roles & Responsibilities
1. Statutory Compliance & Taxation
Ensure timely filing of GST returns (GSTR-1, GSTR-3B, GSTR-9/9C), TDS, TCS and necessary reconciliations.
Maintain records for Input Tax Credit (ITC) and ensure accurate monthly reconciliation with GSTR-2B.
Manage e-invoicing / e-way bill generation and ensure compliance as per GST rules.
Coordinate with consultants for income tax, PF/ESI, Professional Tax, LWF and statutory audits.
Ensure compliance with Companies Act, ROC filing support if required.
2. Financial Documentation & Ledger Management
Manage and verify vendor and customer financial documents, including GST certificates, PAN, bank details and agreements.
Maintain statutory registers and licenses such as Shop & Establishment, Pollution, Factory License (if manufacturing), Trade License etc.
Ensure proper accounting of statutory transactions in ERP (SAP / Oracle / Tally).
3. Coordination & Audits
Support internal, statutory & GST audits by providing data, reconciliations & documentation.
Maintain up-to-date records for audit and ensure zero non-compliance observations.
Liaison with GST department, tax authorities & auditors when required.
4. Reporting & Compliance Control
Prepare monthly compliance dashboard reports and deadlines tracker for management.
Track and renew license renewals, agreements, vendor compliance certificates and AMC compliance.
Implement process improvements to reduce compliance risk.
5. Vendor Compliance & Payments
Conduct vendor compliance verification (GST status, MSME certificate, PF/ESIC registration etc.).
Coordinate with procurement & accounts payable for withholding tax, form 16A, form 26AS reconciliation, and statutory deductions.
6. ERP & Documentation Management
Updating compliance data on ERP systems / DMS (Document Management System).
Maintain digital filing system for financial compliance records.
Skills & Competencies
Strong knowledge of GST, Income Tax, TDS, TCS, PF/ESI, PT rules
Proficiency in Tally ERP / SAP / Oracle / MS Excel
Good understanding of audit and statutory compliance deadlines
Attention to detail & strong documentation and follow-up skills
KPIs (Key Performance Indicators)
KPI Measurement
Timely filing of GST / TDS / PF / ESI / ROC returns 100% on-time submission
Statutory Audit support Zero non-compliance queries
ITC accuracy Variance less than 1–2%
Vendor compliance 100% documentation availability
Process accuracy No penalties, interest or notices
Experience: 1-2 year
Location: Bengalore
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