Senior Accounts Executive
Senior Accounts Executive – Job Description
Industry: Interior Designing & Furniture Manufacturing Department: Accounts & Finance Designation: Senior Accounts Executive Reports To: Director Location: Industrial Area Phase 2, Panchkula
- Job Purpose
The Senior Accounts Executive shall be responsible for managing day-to-day accounting operations, maintaining books of accounts, handling GST and statutory compliances, preparing financial reports, and coordinating with internal departments to ensure accurate and timely financial management of the Company.
- Key ResponsibilitiesA. Accounting & Book Keeping
- Maintain accurate books of accounts.
- Record all financial transactions in the accounting system.
- Prepare and maintain:
- Sales Register
- Purchase Register
- Cash Book
- Bank Book
- Journal Entries
- General Ledger
- Debtors and Creditors Ledger
- Perform monthly and yearly account closing.
B. Accounts Receivable (Client Billing)
- Prepare client invoices as per:
- BOQ
- Work Orders
- Purchase Orders
- Project milestones
- Track receivables and outstanding payments.
- Follow up with clients for collections.
- Prepare customer account statements.
- Reconcile customer ledgers.
C. Accounts Payable
- Verify vendor invoices and bills.
- Match invoices with:
- Purchase Orders
- GRNs
- Delivery Challans
- Process vendor payments as per due dates.
- Maintain supplier ledgers.
- Reconcile vendor accounts regularly.
D. GST & Taxation
The candidate should have sound knowledge of:
- GST Registration
- GST Invoicing
- Input Tax Credit (ITC)
- GSTR-1 Filing
- GSTR-3B Filing
- GST Reconciliation
- E-Way Bills
- TDS Deduction & Filing
- TCS (if applicable)
Ensure timely filing of all statutory returns.
- Interior & Furniture Industry Specific Responsibilities
The candidate should understand accounting related to:
Project Accounting
- Project-wise costing
- BOQ verification
- Running bills
- Stage-wise billing
- Site expenses accounting
- Labour contractor bills
- Retention money accounting
Furniture Manufacturing Accounting
- Raw material consumption
- Work-in-progress (WIP)
- Finished goods inventory
- Production costing
- Material wastage analysis
- Factory overhead allocation
Inventory Accounting
Knowledge of accounting for:
- Plywood
- MDF
- Veneers
- Laminates
- Solid wood
- Fabric & foam
- Hardware
- Glass & mirrors
- Polish and consumables
- Banking & Cash Management
- Bank reconciliation statements (BRS).
- Online banking transactions.
- Prepare cheque and RTGS/NEFT payments.
- Monitor cash flow.
- Maintain petty cash records.
- Verify expense claims and reimbursements.
-
Payroll & Employee Settlements
-
MIS & Reporting
Prepare and submit:
- Daily Cash Flow Report
- Weekly Collection Report
- Monthly Profit & Loss Statement
- Balance Sheet schedules
- Debtors Ageing Report
- Creditors Ageing Report
- GST Reconciliation Report
- Project Profitability Report
- Budget vs Actual Report
- Audit & Compliance
- Coordinate with:
- Statutory Auditors
- Internal Auditors
- Tax Consultants
- GST Consultants
- Banks
- Prepare documents for:
- Income Tax Audit
- GST Audit
- Bank Audits
- Internal Audits
- Software Skills
The candidate must have working knowledge of:
Accounting Software
- Tally Prime
- Busy Accounting Software
MS Office
- MS Excel (Advanced)
- VLOOKUP / XLOOKUP
- Pivot Tables
- Conditional Formatting
- MIS Reports
- Financial Models
- MS Word
- PowerPoint
Preference:
- Google Sheets
- ERP for inventory & project accounting
- Qualifications
- B.Com / M.Com
- MBA (Finance) – Preferred
- CA Inter – Preferred
- CMA Inter – Preferred
- Experience-4-8 Yrs
Preferred Experience:
- Interior Designing Company
- Furniture Manufacturing Company
- Construction / Fit-out Industry
- Modular Furniture Industry
- Skills Required
- Accounting and bookkeeping
- GST and taxation
- Financial reporting
- Project accounting
- Inventory accounting
- Costing and budgeting
- Analytical skills
- Communication skills
- Team coordination
- Attention to detail
- Key Performance Indicators (KPIs)KPITargetGST Filing100% On TimeBank ReconciliationMonthlyCollection EfficiencyAs per targetsVendor PaymentsOn TimeAccounting Accuracy≥ 99%MIS ReportsTimelyAudit ObservationsMinimum13. Authority & Responsibility
The Senior Accounts Executive is authorized to:
- Verify and process invoices.
- Prepare GST and tax workings.
- Recommend vendor payments.
- Prepare payroll and employee settlements.
- Seek clarification from departments regarding bills and expenses.
- Recommend process improvements for financial controls.
Salary- based on experience & last drawn CTC
Pay: ₹15,000.00 - ₹30,000.00 per month
Work Location: In person