Accounts And Finance Executive

Below is a professional Job Description (JD) for an Accounts Executive.

JOB DESCRIPTION: ACCOUNTS EXECUTIVE

1. Position Details

• Designation: Accounts Executive

• Department: Accounts & Finance

• Employment Type: Full-Time

• Experience: 1–3 Years

• Qualification: B.Com / M.Com / BBA (Finance) or equivalent

• Reporting To: Accounts Manager / Finance Manager

• Work Location: [Vasai East]

• Salary: As per industry standards and candidate experience

2. Job Summary

We are looking for a detail-oriented and responsible Accounts Executive to manage day-to-day accounting operations, maintain accurate financial records, process invoices, reconcile accounts, and support statutory compliance. The ideal candidate should have a sound understanding of accounting principles, proficiency in Tally and MS Excel, and the ability to meet deadlines while maintaining financial accuracy.

3. Key Responsibilities

A. Day-to-Day Accounting

• Maintain daily accounting transactions, including sales, purchases, receipts, and payments.

• Prepare and record journal entries, vouchers, debit notes, and credit notes.

• Maintain the general ledger, cash book, and bank book.

• Ensure accurate and timely recording of financial transactions in the accounting system.

B. Accounts Payable & Receivable

• Process vendor invoices and verify supporting documents.

• Monitor customer outstanding payments and follow up for collections.

• Prepare payment schedules and coordinate with vendors and customers.

• Maintain accurate records of accounts payable and receivable.

C. Bank & Ledger Reconciliation

• Perform bank reconciliation statements (BRS) regularly.

• Reconcile vendor, customer, and general ledger accounts.

• Identify discrepancies and coordinate with relevant departments for resolution.

D. GST & Statutory Compliance

• Assist in the preparation and reconciliation of GST-related data.

• Verify purchase and sales invoices for GST accuracy.

• Support the preparation of GSTR-1 and GSTR-3B working papers.

• Assist in TDS calculations, deductions, payments, and return preparation.

• Maintain records required for statutory audits and tax compliance.

E. Financial Reporting & Documentation

• Prepare daily, weekly, and monthly accounting reports.

• Assist in preparing trial balances, profit and loss statements, and balance sheet schedules.

• Maintain proper filing of invoices, bills, vouchers, and financial documents.

• Support month-end and year-end closing activities.

F. Other Responsibilities

• Coordinate with internal departments, vendors, customers, and external auditors.

• Assist the Finance Manager in budgeting, expense tracking, and financial analysis.

• Ensure confidentiality and accuracy of financial information.

• Perform other accounting-related duties as assigned by management.

4. Required Skills & Competencies

• Good understanding of accounting principles and bookkeeping.

• Working knowledge of Tally Prime and MS Excel.

• Knowledge of GST, TDS, and other applicable statutory requirements.

• Strong numerical, analytical, and reconciliation skills.

• Attention to detail and a high level of accuracy.

• Good communication and coordination skills.

• Ability to manage multiple tasks and meet deadlines.

• Integrity and professionalism in handling financial information.

5. Educational Qualification & Experience

• B.Com / M.Com / BBA (Finance) or equivalent qualification.

• 1–3 years of relevant experience in accounting and finance.

• Experience with Tally Prime, GST, TDS, and bank reconciliation will be preferred.

• Freshers with strong accounting fundamentals may be considered for junior positions.

6. Key Performance Indicators (KPIs)

Performance will be evaluated based on:

• Accuracy and timeliness of accounting entries.

• Timely completion of bank and ledger reconciliations.

• Accuracy of GST and TDS working papers.

• Timely processing of vendor payments and customer receipts.

• Reduction in accounting errors and unresolved discrepancies.

• Timely submission of financial reports.

• Proper maintenance of accounting records and supporting documents.

1. Industry: EV Manufacturing

2. Experience: Fresher / 1–3 years / 3–5 years

3. Location: Mumbai Vasai East

4. Accounting Software: Tally Prime

• It is a Full Time Accountant job for candidates with 6 months - 2 years of experience.