Accountant

Coldadge India; Hyderabad; On-site; INR 480,000 - 600,000; Full time

Job summary

Coldadge India in Hyderabad, India, is seeking an Accountant to handle day-to-day accounting, ledgers, GST/TDS compliance, payroll, and month-end closing. You will coordinate with purchase, sales, stores, production, HR, and management to ensure accurate financial reporting.

Role emphasizes accuracy, confidentiality, and strong analytical skills while maintaining compliance with statutory requirements and internal controls.

Qualifications

• Strong knowledge of accounting principles and practices.
• Working knowledge of GST, TDS, and statutory compliance.
• Knowledge of accounts payable, receivable, bank reconciliation, and taxation.
• Good analytical and communication skills.
• Accuracy, confidentiality, and attention to detail.

Responsibilities

• Maintain day-to-day accounting records and ensure accurate posting of all financial transactions.
• Maintain ledgers, journals, cash book, bank book, and general accounting records.
• Prepare and verify sales, purchase, receipt, and payment entries.
• Ensure proper documentation and supporting records for all transactions.
• Monitor vendor invoices, purchase bills, and payment schedules.
• Verify invoices against purchase orders, goods receipt notes, and supporting documents.
• Maintain customer outstanding statements and follow up for collections.
• Reconcile vendor and customer accounts regularly.
• Perform regular bank reconciliation and identify discrepancies.
• Monitor bank transactions, receipts, payments, and fund requirements.
• Prepare payment instructions and maintain proper payment records.
• Assist in GST returns filing and related reconciliations.
• Coordinate with consultants/auditors for GST, TDS, and other statutory matters.
• Calculate and record TDS deductions.
• Ensure timely payment and filing of TDS returns.
• Maintain TDS certificates and supporting documentation.
• Assist in income-tax and other statutory requirements.
• Assist in monthly payroll processing and salary-related accounting.
• Verify attendance, deductions, advances, reimbursements, and other employee payments.
• Maintain records related to employee loans, advances, and expenses.
• Prepare monthly closing activities and account schedules.
• Pass provisions, accruals, and adjustment entries; assist in trial balance, P&L, and balance sheet.
• Support annual closing and statutory audit activities.
• Coordinate with stores and production for inventory accounting.
• Reconcile physical stock with accounting records.
• Monitor inventory values and assist in product costing.
• Review company expenses and ensure proper classification.
• Monitor expenses against budgets and highlight variances.
• Support management in cost analysis and financial reporting.
• Provide documents to auditors and maintain filing of invoices, vouchers, tax records.

Skills

Accounting principles

GST & TDS compliance

MS Excel

Tally/ERP

Accounts payable/receivable

Bank reconciliation

Taxation knowledge

Analytical skills

Communication skills

Attention to detail

Tools

Tally/ERP

MS Excel

Job description

Roles & Responsibilities Accountant

Accounting & Bookkeeping

• Maintain day-to-day accounting records and ensure accurate posting of all financial transactions.
• Maintain ledgers, journals, cash book, bank book, and general accounting records.
• Prepare and verify sales, purchase, receipt, and payment entries.
• Ensure proper documentation and supporting records for all transactions.

Accounts Payable & Receivable

• Monitor vendor invoices, purchase bills, and payment schedules.
• Verify invoices against purchase orders, goods receipt notes, and supporting documents.
• Maintain customer outstanding statements and follow up for collections.
• Reconcile vendor and customer accounts regularly.

Banking & Reconciliation

• Perform regular bank reconciliation and identify discrepancies.
• Monitor bank transactions, receipts, payments, and fund requirements.
• Prepare payment instructions and maintain proper payment records.

GST & Statutory Compliance

• Assist in preparation and filing of GST returns and related reconciliations.
• Verify GST input/output tax records and resolve discrepancies.
• Maintain statutory records and ensure compliance with applicable tax requirements.
• Coordinate with consultants/auditors for GST, TDS, and other statutory matters.

TDS & Other Taxation

• Calculate and record TDS deductions.
• Ensure timely payment and filing of TDS returns.
• Maintain TDS certificates and supporting documentation.
• Assist in income-tax and other statutory requirements.

Payroll & Employee Accounts

• Assist in monthly payroll processing and salary-related accounting.
• Verify attendance, deductions, advances, reimbursements, and other employee payments.
• Maintain records related to employee loans, advances, and expenses.

Month-End & Year-End Closing

• Prepare monthly closing activities and account schedules.
• Pass necessary provisions, accruals, and adjustment entries.Assist in preparation of trial balance, profit & loss account, and balance sheet.
• Support annual closing and statutory audit activities.

Inventory & Manufacturing Accounts

• Coordinate with stores and production departments for inventory accounting.
• Reconcile physical stock with accounting records.
• Monitor raw material, finished goods, and consumable inventory values.
• Assist in product costing and analysis of manufacturing expenses.

Expense & Cost Control

• Review company expenses and ensure proper accounting classification.
• Monitor expenses against budgets and highlight significant variances.
• Support management in cost analysis and financial reporting.

Audit & Documentation

• Provide required documents and schedules to internal and statutory auditors.
• Maintain proper filing of invoices, vouchers, agreements, tax records, and other financial documents.
• Ensure accounting records are accurate, complete, and audit-ready.

MIS & Management Reporting

• Prepare regular MIS reports relating to sales, purchases, expenses, receivables, payables, cash flow, and profitability.
• Provide accurate financial information to management for decision-making.
• Highlight unusual transactions, discrepancies, and financial risks.

Internal Controls

• Ensure proper authorization and supporting documentation for financial transactions.
• Identify accounting discrepancies and take corrective action.
• Follow company policies and accounting procedures.

Key Skills / Requirements

• Strong knowledge of accounting principles and practices.
• Working knowledge of GST, TDS, and statutory compliance.
• Good command of Tally/ERP and MS Excel.
• Knowledge of accounts payable, receivable, bank reconciliation, and taxation.
• Good analytical and communication skills.
• Accuracy, confidentiality, and attention to detail.
• Ability to coordinate with purchase, sales, stores, production, HR, and management.