Account Executive

Bajaj Electricals; Chakan; On-site; INR 600,000 - 900,000; Full time

Job summary

Bajaj Electricals is seeking a skilled finance professional in Maharashtra to manage accounting operations for the plant. The role covers SAP/ERP-based accounting, AP/AR processing, bank reconciliations, and cost control, ensuring timely closures and accurate reporting.

Candidate will coordinate with HR, production, QA and stores, support budgeting and forecasting, and liaise with vendors and auditors to maintain compliance and smooth financial flow.

Qualifications

• Experience using SAP or ERP for day-to-day accounting tasks.
• Strong understanding of GST and TDS related filings.
• Experience with monthly, quarterly and annual closures.

Responsibilities

• Maintain day-to-day accounting transactions in SAP/ERP.
• Process accounts payable and receivable, invoices and payments.
• Perform bank reconciliations, cash flow and petty cash records.
• Prepare GST returns, TDS submissions, and statutory compliance.
• Support monthly/quarterly/yearly closures and MIS reporting.
• Coordinate with HR, Production, QA, Stores for finance processes.

Skills

Accounting

Vendor management

Tax compliance

Financial reporting

Cost control

Stakeholder coordination

Tools

SAP

ERP systems

Job description

Role & responsibilities

1. Accounting Operations

- Maintain and update day-to-day accounting transactions in SAP or ERP systems, ensuring accuracy, completeness, and adherence to approved accounting processes.

- Process accounts payable and receivable transactions, including vendor invoices, employee-related payments, customer invoicing, and payment tracking.

- Perform bank reconciliations, maintain cash flow and petty cash records, and ensure timely accounting of routine financial entries.

2. Vendor Payment Management

- Manage accounts payable related to manpower vendors and other service providers by validating invoices, maintaining supporting records, and tracking due payments.

- Coordinate with vendors and internal stakeholders to resolve invoice discrepancies, respond to payment queries, and ensure timely settlement of liabilities.

- Maintain compliance with agreed payment terms and internal approval workflows to support effective vendor relationship management.

3. Compliance and Taxation

- Prepare and compile accurate data for GST returns, TDS submissions, and other applicable statutory requirements in line with regulatory timelines.

- Support statutory and internal audits by organizing schedules, maintaining documentation, and coordinating with auditors for timely closure of observations.

- Ensure adherence to company policies, tax regulations, and statutory compliance requirements relevant to plant finance operations.

4. Financial Reporting and Closures

- Prepare and maintain supporting schedules, reconciliations, and relevant financial data for monthly, quarterly, and annual book closure activities.

- Assist in timely preparation of reports and statements required for plant finance review, MIS reporting, and management decision-making.

- Ensure completeness and accuracy of accounting records to support transparent reporting and smooth period

-Month end closure processes.

5. Inventory and Cost Control

- Coordinate with production, stores, purchase, and other plant functions to maintain accurate inventory records and support stock-related accounting activities.

- Assist in monitoring cost-related data, variance analysis, and material movement records to strengthen control over plant

- Support finance inputs for inventory valuation, reconciliations, and cost tracking relevant to manufacturing operations.

6. Stakeholder Coordination and Support

- Work closely with internal departments such as HR, Production, QA, Maintenance, Stores, and Purchase to ensure smooth execution of finance-related processes.

- Provide operational support for budgeting, forecasting, and data collation requirements as guided by the senior finance team.

- Liaise with external stakeholders including vendors, auditors, regulatory representatives, and service providers for effective financial coordination.