Senior Accountant

3 days ago

Mumbai, Maharashtra, India Sawariya Group Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Company Description

Established in 1993, Sawariya Group is India's largest FMCG Network and a leading exporter and importer of high-quality FMCG products. We provide comprehensive solutions for FMCG Imports, Exports, and Distribution worldwide. With a commitment to excellence, we ensure diverse product offerings to meet market demands and provide tailored solutions to support business growth. Our robust supply chain infrastructure guarantees timely delivery and superior quality.

Role Description

This is a full-time on-site role for a Senior Accountant located in Mumbai.

The Senior Accountant will be primarily responsible for the following areas:

Accounts Payable (AP) & Accounts Receivable (AR):

* Oversee and manage the full cycle of accounts payable and accounts receivable processes, ensuring accuracy and timely processing of invoices, payments, and collections.

* Monitor and manage the aging of AR, following up on outstanding balances and resolving discrepancies.

General Ledger (GL) Reconciliation:

* Perform detailed and timely reconciliation of various general ledger accounts to ensure financial accuracy and integrity.

* Investigate and resolve any variances or discrepancies identified during the reconciliation process.

Post-Sales Discount & Distributor Claims Reconciliation:

* Crucial Responsibility: Manage the complex reconciliation of post-sales discounts (e.g., trade promotions, schemes, volume rebates) against claims submitted by distributors.

* Analyze and validate claim submissions, ensuring compliance with contractual agreements and internal policies.

* Work closely with Sales and Commercial teams to align on claims accruals, provisions, and settlements.

Reporting & Compliance:

* Assist in the monthly, quarterly, and annual closing processes.

* Prepare and analyze financial reports related to AP, AR, and claim reconciliations for management review.

* Ensure all financial transactions comply with local regulations and company policies.

Qualifications

  • Proficiency in general accounting functions: accounts receivable, accounts payable
  • Experience in financial reporting, preparing financial statements, and maintaining the general ledger
  • Knowledge of regulatory compliance, and account reconciliations
  • Strong financial analysis and problem-solving skills
  • Excellent organizational, communication, and interpersonal skills
  • Ability to mentor junior accounting staff and work collaboratively within a team
  • Experience in the FMCG industry is a plus

High proficiency in accounting software (e.g., SAP, Tally, Oracle, Microsoft Dynamics) and advanced Microsoft Excel skills (Pivot Tables, VLOOKUPs, data analysis)

  • Bachelor's degree in Accounting, Finance, or a related field; Inter CA or equivalent certification preferred

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