- Prepare accurate, timely financial statements in accordance with our established schedule and with input from the rest of the accounting department
- Conduct monthly and quarterly account reconciliations to ensure accurate reporting and ledger maintenance
- Analyze financial statements for discrepancies and other issues that should be brought to the CFO’s attention
- Review all inter-company transactions and generate invoices as necessary
- Reconcile balance sheet accounts
- Delegate financial responsibilities to accounting team
- Coordinate semi-annual audits and assist CFO with conducting audits
- Conduct regular ledger maintenance
QUALIFICATION: MBA
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Key Responsibilities:
• Manage the day-to-day accounting operations of the e-commerce business, including accounts payable and receivable, general ledger entries, bank reconciliations, and payroll processing
• Ensure timely and accurate recording of financial transactions in accordance with accounting principles and regulations
• Perform monthly and year-end closing procedures, including preparing financial statements and reports, such as profit and loss statements and balance sheets
• Reconcile financial discrepancies by collecting and analysing account information
• Work closely with the e-commerce team to provide financial insights and analysis for decision-making
• Develop and implement financial controls to ensure compliance with company policies and procedures
• Manage tax filings, including sales tax, use tax, and income tax
• Assist with budgeting and forecasting processes, as well as financial modelling and analysis
• Collaborate with external auditors to provide necessary documentation and support for audits
• Identify and implement cost-saving initiatives.
Qualifications: • Bachelor's degree in Accounting, Finance or related field
• 3+ years of experience in accounting, preferably in the e-commerce industry
• CPA or CMA certification preferred
• Excellent knowledge of accounting principles and regulations
• Experience with accounting software and e-commerce platforms
• Strong analytical and problem-solving skills
• Ability to work collaboratively with cross-functional teams
• Attention to detail and accuracy
• Excellent communication skills
• Proficient in Microsoft Office and accounting software
Reconciliation:
- Bank Reconciliation: Reconcile the bank statements with the company's cash book to ensure that all transactions are recorded accurately.
- Accounts Receivable Reconciliation: Reconcile the accounts receivable ledger with the general ledger to ensure that all accounts are accurate and up to date.
- Accounts Payable Reconciliation: Reconcile the accounts payable ledger with the general ledger to ensure that all vendor accounts are accurate and up to date.
- Intercompany Reconciliation: Reconcile transactions between different entities within the same company to ensure that all intercompany accounts are accurate and up to date.
- Payroll Reconciliation: Reconcile payroll records with bank statements to ensure that all payroll transactions are recorded accurately.
- General Ledger Reconciliation: Reconcile reconcile the general ledger with subsidiary ledgers to ensure that all accounts are accurate and up to date.
- E-commerce Platforms Reconciliation: Reconcile all the entries of all B2B and B2C e-commerce platforms.
We are looking for someone who can prepare examine and analyze accounting records financial statements and other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
Responsibilities
- Prepares monthly statements by collecting data; analyzing and investigating variances; summarizing data, information, and trends.
- Prepares state quarterly and annual statements by assembling data.
- Complies with state and federal tax filing requirements by studying regulations; adhering to requirements; advising management on required actions; calculating quarterly estimated tax payments; assembling data for quarterly and annual tax filings.
- Responds to financial inquiries by gathering, analyzing, summarizing, and interpreting data.
- Provides financial advice by studying operational issues; applying financial principles and practices; developing recommendations.
- Prepares special reports by studying variances; preparing budgets; developing forecasts.
- Updates job knowledge by keeping current with financial regulations and accepted practices; participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.
- Accomplishes finance and organization mission by completing related results as needed.
Skills
- Tally experience is must
- Account Receivable
Location - Pune
Experience - 1-3 years
Generating GST Invoices towards Sales/Client.
Maintaining day-to-day accounts.
Maintain GST payable calculations on basis of invoices cleared.
Maintain physical records of Invoices/Agreements - hard copies.
Reply and coordinate with auditors for queries and year end closure and cross verify auditor data
for GST calculations.
Prepare month end reports like Income / Expenditure Report and Graphic representation.
Responsible for Accounts receivable and payable.
Track bank statements and account for credit and expenses.
Record TDS on payments - maintain TDS file month wise
Also ensuring that Salaries and pay-outs are made on time.
GST Return Filing GSTR.
TDS Return Filing.
WORK EXPERIENCE & OTHER ABILITES REQUIRED:
Having experience in handling finance functions
Communication and interpersonal skills.
The right person would be smart, Proactive and a self-starter.
# Excellent knowledge of accounting regulations and procedures
# Good knowledge of GST, TDS and banking
# Hands-on experience with accounting software
# Advanced MS Excel skills including Vlookups and pivot tables
# Experience with general ledger functions
# Strong attention to detail and good analytical skills
- Managing and supervising senior and junior accountants' and colleagues' work, and to ensure that deadlines for clients are met at all times.
- Preparing financial statements like Trial Balance, Profit and Loss account and Balance sheet for all the clients in Tally and Excel.
- Preparation of accounting filings and qualification documents for licenses and compliances.
- Computation of and payment/filing of returns for Advance Tax, TDS, Professional Tax and GST
- Maintaining accounting ledgers and bank account reconciliations in Tally.
- Preparating cash flow / customised MIS for clients
- Handling cash-related transactions and structuring of transactions.
- Preparing reports & statements, providing necessary documents while Scrutiny / Assessment of Income Tax, Sales Tax, Service Tax etc.
- Finalizing of accounts and making necessary payments for statutory and applicable taxes.
- Preparing provisional balance sheet & P&L a/c for a period of three / five years to generate the estimated/ expected revenue earning or the financial position ahead for companies applying for Project finance and startup investments also.
- Ensuring that all the client data is updated on timely basis
- Coordinating with clients and solving their queries
- Tracking client deadlines and making sure that they are always met
- Supervising senior & junior staff and colleagues to ensure deadlines are always met
- Researching answers to questions when you are not clear about the correct answer and drafting responses
- Giving proper updates to clients and following up with them
- Filing for incorporation of new business structures like private limited company, OPC, LLP, partnership firm, etc.
- Preparing agreements and documents related to the company formation or amendment in company details.
- Passing of Board Resolutions for any changes in the company directors/ Shareholders
- Carrying out the procedure of share transfer / issue of shares etc
- Preparing TDS working sheet as per TDS chart rates
- Making online payment through internet banking
- Filing TDS returns including reconciliation via TRACES, issuing certificates and coordinating the same with other companies and individuals.
- Preparing the GST working on monthly basis after calculation for GST receivable and payable from different type of customers / Vendors thoroughly and filing of returns through portal on a monthly and quarterly basis.
- Calculating monthly Professional Tax as per eligibility.
- Checking and verifying all vouchers of purchase, sales, receipts, payment and Journal entries for Internal audit till finalization and submission of relevant taxes.
What you need to have:
- 5 - 6 years of experience post CA qualification.
- Highly knowledgeable in accounting and taxation practices.
- Knowledge of all GST rates applicable for all types of services and products.
- Experience in International indirect tax filings.
- Working of TDS on salary of employees
- E-payment of PTRC & PTEC & PTRC yearly professional tax returns with sales tax site (Form IIIB).
- Experience with tax planning for individual, corporate, and partnership tax returns.
- Must have excellent communication skills - both verbal and written
- Organized, dedicated and self-driven
- Strong administrative skills
- Ability to delegate and supervise junior staff
- Ability to meet strict deadlines
- Should be able to prioritize and make decisions
- Professional and trustworthy
- Considerate and cooperative to clients as well as team members
- TOOLS - Tally, ERP Package, GSuite
- Developing and managing annual and multi-year budgets that are adequate for the organization’s needs including preparation of periodic budget forecasts
- Preparing and maintaining cash flow analysis as needed
- Ensuring timely preparation of Standalone & Consolidated Financial Statement
- Taking responsibility for GST, TDS, FEMA and other Statutory & Regulatory Compliances
- Taking responsibility for external Stat Audit and Other regulatory tax filing
- Ensuring operational compliance with policies, procedures and regulations for any necessary entities
- Processing vendor payments
- Handling Employee reimbursements including managing employee credit card charges and reconcile credit card accounts
- Ensuring Timely preparation of MIS reports
- Responding to inquiries from internal stakeholders regarding budgets, deposits, disbursement and granting reporting requests.
- Processing payroll, reporting payroll taxes and ensuring compliances thereof
- Performing basic office management duties as requested
What you need to have:
- Should be MBA Finance / CA with 5 to 8 years work exp
- Excellent in MS Excel & MS Power point
- Knowledge of Tally
- Experience in ecommerce will be an added advantage
- Knowledge on ERP implementation
- Excellent communication & presentation skills -Ability to interface with Management
We are looking for candidates who are comfortable with -
- P&L preparation
- MIS Reporting
- GST and Taxation
- Income Tax
- Vendor Management
- Reconciliation
- Journal Entries
- Invoicing
- Should be comfortable with Tally ERP and Advanced Excel
Requirements:
- B Com or M Com with a specialisation in Accounting