Key Roles & Responsibilities
Financial Record Management:
Record daily transactions (sales, purchases, receipts, payments).
Maintain accurate books of accounts, ledgers, and vouchers, often using industry-specific software like Tally or Sioniq.
Perform reconciliations (bank, inventory, accounts).
Inventory & Cost Accounting:
Track and value inventory (gold, diamonds, finished goods).
Analyze material, labour, and overhead costs for accurate pricing.
Monitor stock movement and classifications.
Taxation & Compliance:
Prepare and file GST, TDS, and other statutory returns.
Ensure adherence to industry-specific regulations.
Financial Reporting & Analysis:
Generate monthly, quarterly, and annual financial statements (P&L, Balance Sheet, Cash Flow).
Assist with budgeting, forecasting, and cash flow management.
Provide financial insights for management decisions, pricing, and risk assessment.
Operations & Auditing:
Manage accounts payable (vendor payments) and receivable (customer collections).
Handle payroll for staff and artisans.
Coordinate with internal/external auditors.