Accountant

Varel Energy Solutions; Faridabad District; On-site; INR 600,000 - 800,000; Full time

Job summary

Varel Energy Solutions is seeking an Accountant to support financial operations in Faridabad, India. This role encompasses various responsibilities including revenue recognition, compliance with IND AS/IFRS standards, and payroll processing. The candidate should have at least CA/CMA/MBA (Finance) or a B.Com degree specializing in Accounting/Taxation, alongside a solid understanding of statutory requirements and financial frameworks. The position ensures adherence to regulations and significantly contributes to effective financial reporting and operational efficiency.

Qualifications

• CA/CMA/MBA (Finance) or B.Com with specialization in Accounting/Taxation.
• Strong understanding of revenue recognition, statutory compliance, and trade finance.
• Knowledge of export incentives, payroll compliance, and financial reporting.

Responsibilities

• Prepare monthly revenue MIS and profitability analysis.
• Ensure compliance with IND AS/IFRS for revenue recognition.
• Manage fixed asset accounting and payroll statutory filings.
• Validate freight invoices and analyze cost variances.
• Support customs and export compliance activities.

Skills

Revenue recognition

Statutory compliance

Financial reporting

Payroll processing

GST compliance

Trade finance practices

Education

CA/CMA/MBA (Finance)

B.Com with specialization in Accounting/Taxation

Job description

Summary

VES is looking for an Accountant to join our team in Faridabad, India. This position will be responsible for supporting financial operations, compliance, and reporting activities while ensuring adherence to IND AS/IFRS standards, statutory regulations, and internal company policies. The role focuses on revenue recognition, freight cost control, fixed asset accounting, payroll compliance, export documentation, and trade compliance while contributing to accurate financial reporting and operational efficiency.

Essential Duties and Responsibilities

• Prepare monthly revenue MIS, profitability analysis, and performance reports by product and customer.
• Ensure compliance with IND AS/IFRS requirements for revenue recognition and financial reporting.
• Validate freight invoices, maintain freight rate masters, and post accruals as required.
• Analyze freight cost variances and support route optimization initiatives.
• Process vendor invoices using 3‑way matching and ensure GST/TDS compliance.
• Follow up on customer invoices to support timely collections and improve DSO performance.
• Manage fixed asset accounting including asset booking, capitalization, and reconciliation between FA register and General Ledger.
• Ensure accurate depreciation postings and proper accounting for asset disposals.
• Manage payroll inputs, processing, and statutory filings (PF, ESI, PT, TDS).
• Ensure compliance with labour laws, contractor audits, and statutory obligations.
• Support customs and export compliance activities including HSN classification and documentation.
• Compute and track export incentives such as RoDTEP and GST refunds.
• Validate Incoterms in contracts and shipping documents to mitigate commercial and compliance risks.
• Collaborate with cross‑functional teams including finance, logistics, and operations to improve process efficiency.
• Maintain organized financial documentation for audit readiness and regulatory reviews.
• Adhere strictly to internal standards, policies, and procedures.

Education and/or Experience

• CA/CMA/MBA (Finance) or B.Com with specialization in Accounting/Taxation or related field.
• Strong understanding of revenue recognition, statutory compliance, and trade finance practices.
• Knowledge of export incentives, payroll compliance, and financial reporting frameworks.