A D2C (Direct-to-Consumer) e-commerce accountant job description typically requires a strong understanding of accounting principles, financial reporting, and e-commerce operations. Responsibilities include managing daily financial transactions, ensuring compliance with tax regulations (like GST and TDS), and handling reconciliation of bank and credit card statements. Experience with e-commerce platforms (Amazon, Flipkart, etc.) and digital accounting tools is often preferred.
Key Responsibilities:
Financial Record Keeping: Maintaining accurate financial records, including general ledger, journals, and bank reconciliations.
E-commerce Operations: Managing accounting for online sales, inventory, and related transactions.
Tax Compliance: Ensuring compliance with GST, TDS, and other relevant tax regulations.
Financial Reporting: Preparing and analyzing financial statements like profit and loss statements, balance sheets, and cash flow statements.
Reconciliations: Regularly reconciling bank accounts, credit card statements, and other financial accounts.
E-commerce Platform Management: Handling accounting related to sales and transactions on various e-commerce platforms.
Inventory Management: Supporting inventory accounting processes in coordination with operations.
Audits: Assisting with financial audits and providing necessary documentation.
Skills and Qualifications:
Bachelor's Degree: A Bachelor's degree in Commerce, Accounting, or a related field is usually required.
Experience: 2-4 years of hands-on accounting experience, preferably in a D2C or e-commerce setup.
Software Proficiency: Familiarity with accounting software like Tally, QuickBooks, or Zoho, as well as Microsoft Excel.
E-commerce Knowledge: Understanding of e-commerce financial dynamics and experience with e-commerce platforms.
Analytical Skills: Strong analytical and problem-solving skills.
Attention to Detail: Ability to handle financial data with accuracy and attention to detail.
Communication Skills: Excellent communication and interpersonal skills.
Integrity: Ability to handle confidential information with integrity.
Specific Considerations for D2C E-commerce:
Multi-channel Accounting:
D2C businesses often operate across multiple online platforms, requiring expertise in handling various sales channels and their respective accounting requirements.
Inventory Management:
Accurate tracking of inventory levels and related costs is crucial for D2C businesses selling physical products.
Shipping and Logistics:
Accounting for shipping costs, returns, and other logistics-related expenses is an important aspect of D2C e-commerce accounting.
Customer Data:
Understanding how to handle customer data and its impact on financial reporting is also important.