Accountant

Job description for Accountant

Major Responsibilities

Financial Management

l Monitor and reconcile sales transactions from various e-commerce platforms, ensuring accuracy and completeness of revenue recognition.

l Analyze and reconcile bank statements and payment gateway transactions to ensure proper recording of income and expenses.

l Manage and process accounts payable and accounts receivable for e-commerce transactions, including supplier payments and customer refunds.

l Maintain accurate and up-to-date records of financial transactions, including invoices, receipts, and payment confirmations.

E-commerce Accounting

l Develop and implement accounting procedures specific to e-commerce operations, ensuring compliance with relevant accounting standards and regulations.

l Perform regular reconciliations between e-commerce platforms, payment gateways, and accounting systems to identify discrepancies and resolve them in a timely manner.

l Monitor and reconcile inventory-related financial transactions, including purchase orders, cost of goods sold, and inventory valuation.

l Ensure proper allocation of revenues and expenses related to marketing campaigns, discounts, and promotional activities.

Financial Reporting

l Prepare and present accurate and timely financial reports for e-commerce operations, including profit and loss statements, balance sheets, and cash flow statements.

l Analyze financial data and provide insights on e-commerce performance, revenue trends, and profitability.

l Assist in the preparation of annual budgets and forecasts for the e-commerce business, incorporating sales projections, marketing expenses, and operational costs.

Tax Compliance

l Collaborate with the tax department to ensure compliance with tax regulations specific to e-commerce, including sales tax, VAT, and GST.

l Assist in the preparation of periodic tax filings and returns, ensuring accurate and timely submission.

l Stay updated with changes in tax regulations related to e-commerce and implement necessary adjustments to maintain compliance.

Process Improvement

l Continuously evaluate and improve financial processes and controls related to e-commerce accounting and operations.

l Identify opportunities for automation and optimization of financial processes to enhance efficiency and accuracy.

l Collaborate with cross-functional teams, including IT and operations, to streamline data flow and integrate systems for seamless financial management.

Qualifications

l Bachelor's degree in Accounting, Finance, or a related field.

l Proven experience as an Accountant, preferably with experience in e-commerce or retail finance.

l Strong knowledge of accounting principles, financial reporting standards, and tax regulations.

l Proficiency in using accounting software and e-commerce platforms. Experience with platforms like Amazon, Shopify is a plus.

l Advanced Excel skills for data analysis, reconciliation, and financial modeling.

l Attention to detail and accuracy in financial record-keeping and reporting.

l Strong analytical and problem-solving skills to identify and resolve financial discrepancies.

l Excellent organizational and time management abilities to meet deadlines and manage multiple tasks.

l Strong communication skills to effectively collaborate with team members and stakeholders.

l Ability to adapt to a fast-paced and evolving e-commerce environment.

l If you are a meticulous and results-driven accountant with a passion for e-commerce finance, we would love to hear from you. Join our team as an E-commerce Accountant and contribute to the financial success of our online business