Required - Account Executive

Location: SURAT, Gujarat, India

Industry- FMCG Industry

Salary - 15k to 25k Max

Proven experience in accounting or finance roles, with knowledge of

accounting principles and practices

Responsibility Area

Sales and Purchase Entries:  

 Accurately record all sales transactions in the accounting system, including invoices, receipts, and payments.  Maintain a detailed ledger for purchase transactions, ensuring proper categorization and documentation of expenses.

 Reconcile sales and purchase records regularly to ensure accuracy and identify any discrepancies or errors.

Income and Expense Entries:  

 Record income from various sources, such as sales revenue, services rendered, and interest income, in the accounting system.

 Categorize and track all expenses, including operating expenses, utilities, supplies, and employee salaries, to maintain accurate financial records.

 Prepare periodic income statements and balance sheets to analyze the company's financial performance and monitor cash flow. 

GST Submission:  

 Prepare and file GST returns, including GSTR-1 for outward supplies and GSTR-3B for monthly summary returns, in compliance with GST regulations.

 Maintain GST records and documentation, including tax invoices, input tax credit (ITC) details, and tax payment receipts, for audit and compliance purposes.

 Coordinate with the GST and external tax consultants to ensure timely and accurate GST submissions, including reconciling GST liabilities and refunds. 

Coordination with CA  

 Collaborate with the Chartered Accountant (CA) to provide financial data, reports, and documents required for audits, tax filings, and financial analysis.

 Assist the CA in preparing financial statements, tax returns, and other regulatory filings by accounting standards and legal requirements.

 Communicate regularly with the CA to address accounting issues, resolve queries, and implement financial management and compliance recommendations. 

Salary Calculation: 

 Calculate employee salaries, wages, bonuses, and deductions accurately based on company policies, tax regulations, and payroll schedules.

 Prepare payroll reports, including salary slips, payroll registers, and tax deductions at source (TDS) statements, for management review and employee distribution.

 Coordinate with HR and finance teams to ensure timely processing of payroll, including salary payments, statutory deductions, and employee benefits

Job knowledge, skills, and experience:  

Education - Bachelor's degree in Accounting, Finance, or a related field.  

SKILLS-

 Strong analytical skills and attention to detail.

 Good communication and interpersonal skills.  Ability to work independently and meet deadlines.

 Knowledge of GST regulations and tax compliance is a plus