Accounts Executive

2 weeks ago


Mumbai, Maharashtra, India Luthra Pneumsys Full time ₹ 3,15,000 - ₹ 3,60,000 per year

Job Title: Accounts Executive

Location: Sakinaka, Mumbai

Company: Luthra Projects

Experience Required: Minimum 2 Years

Employment Type: Full-Time

About Luthra Projects

Luthra Projects has been a trusted name in executing turnkey projects for over 50 years. We specialize in automation components and modular pipelines, delivering high-quality solutions across industries. With over 6,500 completed projects in India, the Middle East, Asia, and Africa, we are known for our commitment to excellence and customer satisfaction.

Job Description

Luthra Projects is seeking a dedicated and detail-oriented Accounts Executive to join our Finance team at our Sakinaka, Mumbai office. The ideal candidate will have strong experience in handling banking operations, cash flow, vendor payments, and project accounts, with sound knowledge of general accounting principles.

Key Responsibilities

  • Handle all banking-related activities including:
  • Loan documentation and coordination with banks/NBFCs
  • Preparing and processing LC (Letter of Credit) and BG (Bank Guarantee) documentation
  • Managing vendor and client payments through Net Banking / RTGS / NEFT
  • Monitoring and preparing daily/weekly cash flow management reports
  • Tracking fund flows and maintaining proper payment records
  • Support project accounting by monitoring project-wise expenses and budgets
  • Prepare and maintain vendor accounts, supplier ledgers, and reconciliation of outstanding balances
  • Manage accounts payable and receivable, ensuring timely collections and payments
  • Follow up with vendors, clients, and banks for documentation and settlements
  • Assist in preparing MIS reports for management review (fund utilization, project costing, outstanding summaries, etc.)
  • Support internal and external audits by providing required documents and clarifications
  • Coordinate with the finance team on overall accounts and compliance tasks

Requirements

  • Minimum 2 years of relevant experience in accounting with a strong focus on banking operations, cash flow, and project accounting
  • Proficient in Net Banking platforms, MS Excel, and accounting software (e.g., Tally, ERP)
  • Strong understanding of LC, BG, vendor accounts, payables & receivables
  • Good communication and coordination skills for liaising with banks, vendors, and internal departments
  • Bachelor's degree in Commerce or related fie

Job Type: Full-time

Pay: ₹30, ₹35,000.00 per month

Benefits:

  • Health insurance
  • Provident Fund

Work Location: In person



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