Accountant

Position Summary

We are seeking a detail-oriented and experienced Senior Accounts Executive to manage our financial

operations and ensure accurate financial reporting. The ideal candidate will have strong expertise in

accounting principles, e-commerce financial management, and inventory accounting for specialty

products. This role is crucial for maintaining financial transparency and supporting our continued

growth in the global spiritual wellness market.

Key Responsibilities

Financial Accounting & Reporting

 Prepare and maintain accurate financial statements, including P&L, Balance Sheet, and Cash

Flow statements

 Manage month-end and year-end closing processes

 Ensure compliance with Indian accounting standards (Ind AS) and statutory requirements

 Prepare financial reports for management review and strategic decision-making

 Handle GST returns, TDS computations, and other statutory compliance requirements

 Coordinate with external auditors and tax consultants for annual audits

E-commerce Financial Management

 Manage multi-channel revenue recognition across website, marketplaces (Amazon, Flipkart,

etc.)

 Handle payment gateway reconciliations and settlement tracking

 Process refunds, chargebacks, and payment disputes efficiently

 Monitor and reconcile online payment platforms and digital wallets

 Track shipping costs, marketplace commissions, and advertising expenses

 Analyze e-commerce profitability by channel and product category

Inventory & Product Costing

 Maintain accurate inventory records for diverse Rudraksha products (1-21 Mukhi varieties)

 Implement and monitor inventory valuation methods for specialty spiritual products

 Track product costs including procurement, testing, certification, and logistics

 Manage stock movements, transfers, and write-offs

 Coordinate with procurement team for vendor payments and purchase accounting

 Monitor inventory turnover and aging analysis

Accounts Payable & Vendor Management

 Process vendor invoices and manage payment schedules

 Maintain vendor master data and payment terms

 Handle international payments for Nepal-based Rudraksha suppliers

 Manage expense approvals and reimbursement processes

 Negotiate payment terms with suppliers and service providers

 Ensure proper documentation for all expenditure transactions

Accounts Receivable & Customer Management

 Monitor customer payments and follow up on outstanding receivables

 Handle B2B customer credit management and payment terms

 Process customer refunds and credit notes efficiently

 Manage international customer transactions and currency conversions

 Maintain customer master data and credit limits

 Generate customer statements and aging reports

Banking & Cash Flow Management

 Perform daily bank reconciliations across multiple accounts

 Monitor cash flow and prepare cash flow forecasts

 Manage foreign exchange transactions and currency hedging

 Handle letter of credit and trade finance operations for imports

 Coordinate with banks for loan documentation and compliance

 Manage fixed deposits and investment accounting

Financial Analysis & Business Support

 Prepare financial analysis reports for management review

 Support budgeting and forecasting processes

 Analyze cost structures and profitability by product lines

 Monitor key financial metrics and variance analysis

 Support pricing decisions with cost analysis

 Provide financial insights for business expansion plans

Compliance & Documentation

 Ensure compliance with RBI regulations for international transactions

 Maintain proper documentation for import/export transactions

 Handle FEMA compliance for foreign exchange transactions

 Manage PF, ESI, and other statutory deductions

 Coordinate with company secretary for board meeting financials

 Maintain fixed asset registers and depreciation schedules

Required Qualifications

Education & Professional Certifications

 Bachelor's degree in Commerce (B.Com) or equivalent

 CA (Chartered Accountant) or CMA (Cost and Management Accountant) preferred

 ACCA or other international accounting certification is a plus

 5-7 years of experience in accounting and finance roles

 Minimum 2 years experience in e-commerce or retail industry

Technical Skills

 Proficiency in accounting software (Tally, SAP, Oracle, or similar ERP systems)

 Advanced Excel skills including pivot tables, VLOOKUP, and financial modeling

 Experience with e-commerce platforms and marketplace accounting

 Knowledge of GST, TDS, and Indian taxation laws

 Familiarity with international trade documentation and procedures

 Understanding of inventory management systems

Core Competencies

 Strong understanding of Indian Accounting Standards and GAAP

 Experience with multi-currency transactions and forex management

 Knowledge of e-commerce business models and revenue recognition

 Excellent analytical and problem-solving skills

 Strong attention to detail and accuracy in financial reporting

 Ability to work under pressure and meet tight deadlines

Personal Attributes

 High level of integrity and ethical standards

 Excellent communication and interpersonal skills

 Proactive approach to identifying and resolving issues

 Ability to work independently and as part of a team

 Strong organizational and time management skills

 Adaptability to work in a growing, dynamic environment

Preferred Qualifications

 Experience in import-export business and international trade

 Knowledge of spiritual products industry or specialty retail

 Experience with inventory management for diverse product categories

 Familiarity with marketplace accounting (Amazon, Flipkart, etc.)

 Previous experience in family-owned or heritage businesses

 Understanding of lab testing and certification cost accounting

 Experience with financial audits and compliance procedures

Key Performance Indicators

 Accuracy and timeliness of financial reporting

 Compliance with statutory requirements and deadlines

 Efficiency in accounts payable and receivable management

 Inventory accuracy and reconciliation

 Bank reconciliation accuracy and timeliness

 Support for business growth through financial insights

What We Offer

 Competitive salary commensurate with experience and qualifications

 Performance-based incentives and annual bonuses

 Professional development opportunities and certification support

 Health insurance and medical benefits

 Provident Fund and gratuity benefits

 Flexible working hours and supportive work environment

 Employee discounts on Rudralife products

 Opportunity to work with a growing, well-established brand

Reporting Structure

This position reports to the Chief Financial Officer/Finance Manager and will collaborate closely

with:

 Procurement Team

 Operations Team

 Sales and Marketing Teams

 Customer Service Team

 External Auditors and Tax Consultants

Working Conditions

 Full-time position based in Mumbai, Maharashtra

 Standard business hours with flexibility during month-end closing

 Occasional overtime during audit periods and financial year-end

 Hybrid working arrangements may be considered for experienced candidates

Application Process

Interested candidates should submit:

 Detailed resume highlighting relevant accounting and e-commerce experience

 Cover letter explaining experience with specialty retail or import business

 Academic transcripts and professional certification copies

 References from previous employers

 Salary expectations and notice period

Job Types: Full-time, Permanent

Pay: ₹35, ₹44,924.11 per month

Benefits:

• Health insurance
• Leave encashment
• Paid time off
• Provident Fund

Location:

• Mumbai, Maharashtra (Required)

Work Location: In person