Accounts Executive

Role Title: Account Executive (LED Lights Manufacturing Company)

Role Definition: The Account Executive is responsible for managing financial transactions, ensuring accurate bookkeeping, preparing financial statements, and supporting financial reporting in the LED lights manufacturing company.

This role requires handling accounts payable and receivable, reconciling bank statements, assisting in budget preparation, and ensuring compliance with accounting regulations. The Account Executive plays a critical role in maintaining the company’s financial health and supporting decision-making through accurate financial data.

Key Responsibilities & Accountabilities (KRA):

          1.       Accounts Payable & Receivable Management:

          •        Process supplier invoices, verify accuracy, and ensure timely payments.

          •        Manage customer invoicing and follow up on outstanding payments to maintain cash flow.

          •        Reconcile accounts receivable and accounts payable to maintain accurate records.

          2.       General Ledger Maintenance:

          •        Record all financial transactions accurately in the company’s accounting software.

          •        Maintain and update the general ledger, ensuring all entries are compliant with accounting standards.

          3.       Bank Reconciliation:

          •        Perform monthly bank reconciliations to ensure alignment between bank statements and internal records.

          •        Investigate and resolve discrepancies in bank reconciliations promptly.

          4.       Financial Reporting & Statements Preparation:

          •        Prepare monthly, quarterly, and annual financial statements, including balance sheets, income statements, and cash flow statements.

          •        Assist in preparing management reports and providing financial insights for decision-making.

          5.       Budgeting & Forecasting Support:

          •        Support the budgeting process by providing financial data, historical performance, and variance analysis.

          •        Assist in forecasting by analyzing trends and providing relevant financial insights.

          6.       Compliance & Tax Filing:

          •        Ensure compliance with accounting regulations, internal policies, and tax laws.

          •        Prepare and file GST, TDS, and other applicable tax returns accurately and on time.

          7.       Cost Control & Analysis:

          •        Monitor and analyze costs, identifying opportunities to reduce expenses and improve profitability.

          •        Work with production and procurement teams to track and control costs related to manufacturing.

          8.       Audit Support & Documentation:

          •        Prepare documents and financial data required for internal and external audits.

          •        Maintain organized financial records to ensure efficient audit processes and compliance.

          9.       Inventory & Fixed Asset Management:

          •        Collaborate with inventory management to track stock levels, costs, and inventory valuation.

          •        Maintain fixed asset registers and perform periodic asset reconciliations.

          10.     Cross-Functional Collaboration:

          •        Work closely with sales, production, and procurement departments to support financial accuracy in operations.

          •        Provide financial insights and data to other departments as needed to support their goals.

• It is a Full Time Accountant job for candidates with 3 - 5 years of experience.

More about this Accounts Executive job

1. What is the eligibility criteria to apply for this Accounts Executive job?
   Ans: The candidate should be Graduate and above and above with 3 - 5 years of experience of experience
2. How much salary can I expect for this job role?
   Ans: You can expect a salary of ₹22000 - ₹25000 per month that depends on your interview. It's a Full Time job in Mumbai.
3. How many working days are there for this Accounts Executive job?
   Ans: This Accounts Executive job will have 6 working days.
4. Are there any charges applicable while applying or joining this Accounts Executive job?
   Ans: No, there is no fee applicable for applying this Accounts Executive job and during the employment with the company, i.e., Santech Led Private Limited.
5. Is it a work from home job?
   Ans: No, it’s not a work from home job and can't be done online.
6. How many openings are there for this Accounts Executive role?
   Ans: There is an immediate opening of 1 Accounts Executive at Santech Led Private Limited
7. Who can apply for this job?
   Ans: Only Male candidates can apply for this Accountant job.
8. What are the timings of this Accounts Executive job?
   Ans: This Accounts Executive job has 10:00 AM - 06:30 PM timing.