Accounts Executive

Job Description – Accounts Executive

About Askknatural

Askknatural is a fast-growing health and wellness company operating across multiple business verticals, including personalized nutrition and fitness services, consumer wellness products, and nutritional supplements. We are looking for a detail-oriented, self-motivated and experienced Accountant who can independently manage the accounting operations across all business verticals while ensuring timely statutory compliance and accurate financial reporting.

Business Verticals

1. Askknatural (Services)

• Personalized nutrition programmes

• 1:1 live online workout programmes

• Domestic and international clients

2. The Good Fats

• Consumer wellness products

• MCT C8 Oil and other wellness products

3. Askknatural Essentials

• Nutritional supplements

• Functional foods

• Future wellness product range

Key Responsibilities

1. Accounting & Bookkeeping

• Independently maintain complete books of accounts for all business verticals.

• Record daily sales, purchases, receipts, payments, journal entries and adjustment entries.

• Maintain general ledger, subsidiary ledgers and chart of accounts.

• Perform monthly bank reconciliations and ledger reconciliations.

• Maintain accurate accounting records in compliance with accounting standards.

• Analyse ledger balances and identify accounting discrepancies.

• Ensure books are updated on a real-time basis.

2. Financial Statements & Finalisation

• Prepare Trial Balance, Profit & Loss Account and Balance Sheet.

• Pass year-end adjustment entries including depreciation, provisions, accruals and prepaid expenses.

• Prepare schedules for statutory audit and annual financial statements.

• Assist in finalisation of accounts and coordinate with Chartered Accountants and auditors.

• Maintain audit-ready books throughout the year.

3. GST Compliance

• Prepare data for applicable GST returns and filing

• Reconcile GST with purchase and sales registers.

• Reconcile Input Tax Credit (ITC) with GSTR-2B.

• Maintain HSN/SAC-wise records.

• Generate GST-compliant tax invoices, debit notes and credit notes.

• Coordinate with the Chartered Accountant for GST assessments and statutory compliance and filing

4. TDS & Income Tax Compliance

• Deduct TDS under applicable provisions relating to salary, professional fees, contractors, rent, commission, interest and other payments.

• Deposit TDS within prescribed timelines.

• Prepare data for filing quarterly TDS returns and filing

• Generate Form 16 and Form 16A.

• Reconcile TDS with books of accounts, Form 26AS and TRACES.

• Coordinate with the Chartered Accountant on income tax compliance matters.

5. Vendor & Purchase Accounting

• Record purchase invoices accurately with GST Compliance

• Maintain vendor ledgers.

• Process vendor payments within agreed timelines.

• Reconcile supplier statements.

• Monitor outstanding payables and ageing reports.

6. Sales & Revenue Accounting

• Record revenue from all business verticals.

• Generate customer invoices.

• Maintain customer receivable ledgers.

• Reconcile collections with bank accounts and payment gateways including Razorpay, Stripe, Shopify or similar platforms.

• Monitor receivables and follow up for outstanding collections.

7. Inventory Accounting

• Maintain inventory records for all products.

• Record stock movement and inventory valuation.

• Reconcile warehouse inventory with accounting records.

• Coordinate periodic stock verification and stock audits.

• Investigate inventory discrepancies.

8. Payroll Processing

• Process monthly payroll accurately.

• Maintain employee salary records.

• Calculate statutory deductions including TDS, PF, ESIC and Professional Tax (where applicable).

• Coordinate with HR for payroll inputs.

• Prepare payroll reconciliation statements.

9. Financial Reporting & MIS

• Prepare monthly Profit & Loss Statement.

• Prepare Balance Sheet and Cash Flow Statement.

• Prepare monthly MIS reports and management dashboards.

• Analyse revenue, expenses, profitability and cash flows.

• Share periodic financial summaries with management.

• Assist management in budgeting and financial analysis.

10. Statutory Compliance

• Ensure timely compliance with GST, TDS, Income Tax and other statutory requirements.

• Maintain statutory registers and compliance records.

• Coordinate with auditors, consultants and government authorities whenever required.

• Ensure zero compliance delays and penalties.

11. Documentation & Record Management

• Maintain digital records of invoices, bills, agreements and statutory documents.

• Organise accounting records systematically.

• Ensure all financial documents remain audit-ready.

• Maintain proper document retention and filing systems.

Skills & Competencies

Accounting Knowledge

• Strong understanding of accounting principles and Indian Accounting Standards (if possible )

• Knowledge of financial statement preparation and finalisation.

• Ability to independently handle complete accounting functions.

Taxation Knowledge

• Good working knowledge of GST and TDS provisions.

• Understanding of statutory compliances applicable to Indian businesses.

• Experience in reconciliations and statutory return filings.

Software Skills

• Strong working knowledge of Tally Prime.

• Experience with Zoho Books or similar accounting software.

• Advanced Microsoft Excel skills including:

• Pivot Tables

• VLOOKUP/XLOOKUP

• SUMIFS

• IF Functions

• Data Validation

• Financial Reporting

• MIS Preparation

Professional Skills

• Strong analytical and reconciliation skills.

• Excellent attention to detail.

• Ability to manage multiple business entities simultaneously.

• Good communication and interpersonal skills.

• Strong organisational and time management abilities.

• Ability to work independently with minimal supervision.

• High level of integrity and confidentiality.

Preferred Qualifications

• B.Com / M.Com / MBA (Finance) / CA Inter.

• 3–6 years of relevant accounting experience.

• Experience in handling service-based and e-commerce businesses will be an added advantage.

• Experience with payment gateways such as Razorpay, Stripe, Shopify or similar platforms.

• Exposure to statutory audit and financial statement finalisation.

Key Performance Indicators (KPIs)

• 100% accurate bookkeeping.

• Timely completion of monthly accounts.

• Accurate and timely GST and TDS compliance.

• Zero statutory penalties or compliance defaults.

• Timely preparation of monthly MIS and financial reports.

• Accurate bank, vendor, customer and inventory reconciliations.

• Timely payroll processing.

• Audit-ready books throughout the year.

• Timely completion of annual financial statement finalisation.

• Effective management of multiple business verticals with high accuracy.

Apply Now: Send your CV & cover letter to [hr@askknatural.in]

• It is a Full Time Accountant job for candidates with 1 - 4 years of experience.