Junior Accountant

Main Duties & Responsibilities

Invoicing

· Preparing Invoices of Clients

· Dispatching the same to clients

Accounts Payable

· Ensure all bills are received and entered in the system

· Review and approve all invoices to be paid

· Prepare list of creditors

· Resolve queries of suppliers pertaining to bills and/or other related matters

· Handle payments on invoices, especially ones that are overdue.

Accounts Receivables

· Prepare list of debtors

· Follow up with Sales Team for recovery of funds

· Resolve queries of customers pertaining to bills and/or other related matters

· Handle collections on invoices, especially ones that are overdue.

Taxation & Compliances Management

· Working with the consulting CA to understand and implement Tax compliances & statutory audits

· Working with the consulting CS to understand and implement Company law compliances & ROC statutory requirements

· Working with the Excise and GST Consultant to understand and implement GST

· Working with the Labor Consultant to understand and implement Salary/PF/ESIC/Bonus/Gratuity and other labor law compliances

· E-filing of returns of all above mentioned taxes

· Ensure company records are kept organized and readily available for examination.

Banking Operations

· Ensure the monthly and quarterly bank compliance activities are performed in a timely and accurate manner.

· Ensuring all bank statements are reconciled against accounting transactions

· Ensuring cash/cheque deposits and withdrawals run smoothly

· Ensuring all transactions of RTGS/NEFT and other funds transfer run smoothly

· Ensuring accurate and timely processing of payments of monthly salary and other creditors

Financial Planning & Reporting

· Ensure an accurate and timely monthly, quarterly and year end close.

· Prepare financial statements, balance sheets, cash flow reports, budgets, budget-to-actuals and financial projections.

· Meet financial objectives by forecasting requirements, informing management regarding the cash flow and making requisite arrangements for timely availability of funds

· Keep track of accounts receivables and following up with debtors as per monthly recovery targets

· Keep track of accounts payables and scheduling payments of creditors according to cash flow arrangements

· Establish and execute internal controls over the company’s accounting and financial procedures.

Accounting

· Oversee accounts payable, accounts receivable, cash disbursements, payroll (payments & TDS) and bank reconciliation functions.

· Ensure that all accounting effects are appropriately taken and documented.

· Ensure all entries of sales, purchase, expenses, for assigned group companies are done in an accurate and timely fashion

· Helping the team in entries as and when required

· Working under the guidelines of the Auditor to ensure a clean and timely monthly, quarterly and year end audit.

Financial Controlling

· Analyze financial statements to provide expert financial perspective and opinions. .

· Assist management in preparing the annual budget

· Ensure all data required for monthly budget tracking is build and provided in a timely manner.

· Provide accurate and comprehensive financial information to management for long-term financial strategizing.

Team Management

· Assigning work to team members as per their potential to ensure all department works runs smoothly

Key Result Areas (KRAs)

1. Invoicing

2. Accounts Payable

3. Accounts Receivable

4. Taxation & Compliances Management

5. Banking Operations

6. Financial Planning & Reporting

7. Accounting

8. Financial Controlling

9. Team Management

Job Type: Full-time

Salary: ₹20,000.00 - ₹25,000.00 per month

Benefits:

Provident Fund
Schedule:

Day shift
Supplemental pay types:

Yearly bonus
Ability to commute/relocate:

Mumbai - 400013, Maharashtra: Reliably commute or planning to relocate before starting work (Preferred)
Education:

Bachelor's (Preferred)
Experience:

Accounting: 5 years (Required)
Tally: 3 years (Required)
total work: 5 years (Preferred)