Accountant Executive

1 week ago

BTM Layout, Karnataka, India Olive street food cafe Full time ₹ 3,00,000 - ₹ 3,60,000 per year

Job Summary:

We are seeking a reliable and detail-oriented Accounting & Taxation to oversee the company's payables and receivables processes, ensure compliance with tax regulations, and maintain accurate financial records. This position plays a crucial role in managing cash flow, optimizing collections, vendor relations, and statutory reporting.

Key Responsibilities:Accounts Payable & Receivables

  • Manage the full AP/AR cycle: invoice receipt/creation, verification, approvals, payment processing, cash application.
  • Ensure timely payments to vendors and optimize payment terms without jeopardizing relationships.
  • Monitor receivables, ensure timely collection of outstanding invoices; follow up with clients/customers; handle disputes or discrepancies.
  • Reconcile vendor statements, customer accounts, bank statements.
  • Maintain accurate aged payables & receivables reports and analysis.

Accounting & Bookkeeping

  • Record all transactions correctly in the general ledger.
  • Prepare journal entries for accruals, prepaid expenses, depreciation, etc.
  • Assist or handle month-end / quarter-end / year-end closing.
  • Maintain fixed assets records.
  • Perform bank reconciliations and petty cash reconciliation.

Taxation & Statutory Compliance

  • Prepare and file periodic tax returns (e.g., Income Tax, GST/VAT, Withholding Taxes, etc.) as per local regulations.
  • Ensure compliance with all applicable tax laws and keep up to date with regulatory changes.
  • Liaise with tax authorities in case of audits, assessments, etc.
  • Ensure statutory deductions (e.g., TDS, etc.) are made and paid on time.

Reporting, Analysis & Controls

  • Produce periodic financial reports (monthly / quarterly / annual) related to AP & AR, working capital, etc.
  • Analyze trends in payables/receivables, identify risks (e.g. bad debts) and propose improvements.
  • Implement and maintain internal controls for AP/AR and tax processes.
  • Assist in budgeting and forecasting cash flow requirements.
  • Support internal and external audits.

Other

  • Maintain documentation of policies, procedures, and workflows for AP/AR and tax functions.
  • Coordinate with other departments (procurement, sales, operations) to ensure smooth flow of invoice/payment/invoice generation.
  • Provide backup or cross-function support for other accounting tasks as needed.

Qualifications:

  • Bachelor's degree in Accounting, Finance, Commerce, or related field. Chartered Accountant / Certified Tax Specialist / professional certification is a plus.
  • Experience: Typically 3–7 years in accounting with specific exposure to payables, receivables, taxation, statutory compliance. More years if hiring for manager level.
  • Strong working knowledge of local tax laws (for your country/region) — direct & indirect taxes.
  • Proficiency in accounting software / ERP systems (e.g. SAP, Tally, QuickBooks, etc.) and MS Excel.
  • Attention to detail, strong organizational skills, ability to prioritize, meet deadlines.
  • Good communication skills (verbal & written) to interact with vendors, customers, auditors, tax authorities, internal teams.
  • Integrity and ability to handle confidential financial information.

Preferred Skills:

  • Experience in process improvement, automation of AP/AR workflows.
  • Familiarity with audit processes (both internal and statutory).
  • Ability to analyze and manage working capital metrics.

Job Type: Full-time

Pay: ₹25, ₹30,000.00 per month

Benefits:

  • Cell phone reimbursement
  • Flexible schedule
  • Food provided
  • Leave encashment
  • Paid sick time
  • Paid time off

Work Location: In person

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