Job Summary:
The Accounts Executive will be responsible for managing daily accounting operations, ensuring accurate financial reporting, and supporting audits and compliance, using SAP-FICO. The candidate should have relevant experience in the garments industry and strong knowledge of GST, TDS, vendor payments, bank reconciliations, and inventory accounting.
Key Responsibilities:
Handle day-to-day accounting transactions including journal entries, ledgers, and reconciliations.
Process vendor bills, payments, and employee reimbursements in SAP-FICO.
Manage accounts payable and receivable efficiently.
Perform monthly bank, vendor, and intercompany reconciliations.
Assist in the preparation of financial statements, MIS reports, and cost analysis reports.
Monitor and record garment-specific financial transactions (e.g. raw material costs, WIP, finished goods inventory).
Maintain GST and TDS compliance – including preparation and filing of returns.
Coordinate with internal departments like production, purchase, and stores for invoice validation and cost matching.
Assist with statutory and internal audits; ensure proper documentation and compliance.
Track and reconcile advances, debit notes, and credit notes with vendors/customers.
Prepare necessary reports for management review (P&L, cost sheets, variance analysis).
Ensure accurate and timely data entry and reporting through SAP-FICO modules (FI – Financial Accounting, CO – Controlling).
Key Skills & Competencies:
Strong working knowledge of SAP-FICO.
Sound knowledge of accounting principles and standards.
Proficiency in MS Excel and Tally (if applicable).
Familiarity with garment manufacturing processes and cost accounting.
Knowledge of Indian taxation: GST, TDS, etc.
Good analytical, organizational, and time-management skills.
Ability to handle multiple tasks and meet deadlines.
Qualification & Experience:
B.Com / M.Com / MBA (Finance) / CA Inter preferred.
Minimum 2–4 years of relevant experience in accounting.
Prior experience in a garments/apparel/textile company is highly desirable.
Hands-on experience in SAP-FICO is a must.