Accounts Executive

ROLE OVERVIEW

We are seeking a meticulous and proactive Accounts Executive to anchor the day-to-day financial operations at Lakeview. This role sits at the intersection of procurement accounting, GST compliance, inventory control, and management reporting. The ideal candidate will bring deep expertise in double-entry bookkeeping, Tally ERP, and advanced Excel, and will serve as the primary financial interface between the procurement team, operations, and senior leadership.

KEY RESPONSIBILITIES

Procurement & Purchase Verification

▸ Scrutinise all purchase invoices for accuracy, completeness, and compliance before booking. ▸ Reconcile purchase records with vendor bills, delivery challans, and purchase orders on a transaction-by-transaction basis. ▸ Verify HSN/SAC codes, tax rates, and invoice details against agreed vendor terms. ▸ Maintain a structured bill register with invoice number, date, vendor name, amount, and due date.

GST Compliance & Reconciliation

▸ Match every purchase entry against GSTR-2A / 2B data; identify and follow up on mismatches with vendors promptly. ▸ Track and reconcile ITC utilisation on a monthly basis across CGST, SGST, and IGST heads. ▸ Prepare and share the ITC reconciliation statement with the GST consultant / CFO before each return filing deadline. ▸ Flag ineligible ITC and ensure correct reversal entries are posted as required under GST law.

Inventory Accounting & Conversion Entries

▸ Monitor and record material utilisation – mapping each raw material batch to the production it is consumed in. ▸ Pass accurate and timely conversion entries in Tally for the transfer of raw materials → WIP → finished goods. ▸ Maintain stock ledgers and ensure physical stock tallies with accounting records; investigate and report variances. ▸ Coordinate with the stores/production team to obtain consumption reports and batch-wise yield data.

Expense & Capital Expenditure Accounting

▸ Book all operational expenses and capital expenditure entries promptly with correct cost-centre and ledger classification. ▸ Distinguish between revenue and capital items per applicable accounting standards; maintain depreciation schedules. ▸ Process and record petty cash expenses, vendor invoices, and utility bills without delay. ▸ Monitor advance payments to vendors and ensure timely settlement and accounting.

Creditor Management & Payments

▸ Maintain an up-to-date creditor outstanding register with bill-wise ageing, due dates, and payment status. ▸ Issue and track payment invoices; ensure all supporting documents (PO, GRN, invoice) are in order before releasing payment. ▸ Prepare payment orders / bank transfer instructions for approval, ensuring payments are made on time. ▸ Reconcile vendor ledgers regularly and resolve discrepancies in a timely manner. ▸ Maintain a systematic filing system for all bills, vouchers, and payment records.

Reporting & MIS

▸ Prepare a periodic expense analysis report (weekly/monthly) with category-wise

spend, budget vs. actual variance, and trend analysis for the CFO/CEO. ▸ Compile creditor ageing summaries, payment forecast schedules, and ITC utilisation dashboards. ▸ Highlight exceptional items, unusual variances, or potential compliance risks to management proactively. ▸ Assist in month-end and year-end closing activities including ledger scrutiny, provisions, and reconciliations.

REQUIRED QUALIFICATIONS

▸ B.Com / M.Com / CA Inter or equivalent; CA / CMA qualification is a strong advantage. ▸ 3–6 years of hands-on experience in core accounts, preferably in a manufacturing or trading organisation. ▸ Solid understanding of Indian accounting standards (Ind AS / AS) and GST law. ▸ Demonstrated experience with double-entry bookkeeping and ERP-based accounting

TECHNICAL SKILLS

Skill Area Expectation Microsoft Excel Advanced – pivot tables, VLOOKUP/XLOOKUP, dynamic formulas, data validation, MIS dashboards Tally ERP / Prime Expert-level – voucher entry, stock ledgers, cost centres, GST configuration, TDS modules Double-Entry Bookkeeping Full mastery; complex entries for conversions, accruals, provisions, and reclassifications GST Compliance GSTR-1, GSTR-3B, ITC reconciliation with GSTR-2A/2B Accounting Standards Ind AS / AS – especially AS 2 (Inventories), AS 10 (PPE), AS 9 (Revenue) Data Analysis & Reporting Management reports, expense trackers, and ageing schedules from raw data

KEY ATTRIBUTES & COMPETENCIES

▸ Strong sense of ownership and accountability for deadlines – particularly month-end and filing cut-offs. ▸ Ability to work cross-functionally with procurement, stores, and production teams. ▸ Comfortable presenting financial data clearly to senior management in written and verbal form.

WHAT WE OFFER

▸ Competitive compensation commensurate with experience and qualifications. ▸ Exposure to end-to-end manufacturing finance – from raw material procurement to financial reporting. ▸ Direct working relationship with senior leadership, offering significant career growth potential. ▸ A structured, process-oriented work environment with clearly defined responsibilities.

• It is a Full Time అకౌంటెంట్ job for candidates with 2 - 6+ years Experience.