Accounting Specialist

TORQCOMMODITIES; Navi Mumbai; On-site; INR 600,000 - 1,200,000; Full time

Benefits offered by this job

Competitive salary with bonus

Exposure to international markets

Career development in a fast-growing团队

Job summary

TORQ Commodities in Navi Mumbai seeks a detail-oriented Accounting Specialist to oversee day-to-day accounting and financial operations for its India business.

You will maintain books, perform reconciliations, assist month-end and year-end closes, ensure GST/TDS compliance, and coordinate with auditors, banks, and consultants in a fast-moving, international trading environment.

Strong Excel skills and experience with ERP systems like Zoho, SAP or Tally are advantageous.

Qualifications

• Bachelor's degree in Accounting, Finance, Commerce or a related discipline.
• CA Inter / CMA Inter / MBA Finance would be an advantage.
• Approximately 4-7 years of relevant accounting experience.
• Strong understanding of Indian accounting principles and practical accounting processes.
• Good working knowledge of GST, TDS and statutory compliance.
• Experience with month-end closing, reconciliations and financial reporting.
• Experience dealing with auditors and external tax/accounting consultants.
• Strong Microsoft Excel skills.
• Experience with ERP/accounting systems; exposure to Zoho, SAP, Tally or similar systems is advantageous.

Responsibilities

• Manage day-to-day accounting activities, including general ledger, accounts payable, accounts receivable and journal entries.
• Maintain accurate accounting records and ensure transactions are properly recorded, classified and supported by appropriate documentation.
• Process and review vendor invoices, employee expenses, payments and reimbursements.
• Manage customer accounting, invoicing, collections and outstanding receivables.
• Perform regular bank, vendor, customer and intercompany reconciliations.
• Support monthly, quarterly and annual financial closing activities.
• Prepare schedules, reconciliations and supporting documentation for management reporting.
• Assist in preparation of P&L, balance sheet and cash-flow reports.
• Monitor accruals, provisions, prepayments and other balance-sheet accounts.
• Support accounting for commodity trading transactions, including purchase and sales invoices, logistics/freight costs and related expenses.
• Coordinate accounting and reconciliation of transactions between TORQ's Indian and international entities.
• Ensure GST, TDS and other statutory tax compliance.
• Assist with tax assessments, statutory audits, internal audits and financial audits.
• Maintain fixed-asset registers and depreciation schedules.
• Support payroll accounting and reconciliation with HR/payroll providers where required.
• Assist with banking transactions, payment preparation and cash/bank monitoring.

Job description

TORQ Commodities is looking for a detail-oriented and hands-on Accounting Specialist to support the day-to-day accounting and financial operations of its India business. The role will be responsible for maintaining accurate books of accounts, managing reconciliations, supporting month-end and year-end closing, ensuring statutory and tax compliance, and coordinating with internal stakeholders, auditors, banks, consultants and external service providers. The ideal candidate should have strong accounting fundamentals, good knowledge of Indian taxation and statutory requirements , and experience working in a fast-paced, international business environment.

Key Responsibilities

• Manage day-to-day accounting activities, including general ledger, accounts payable, accounts receivable and journal entries.
• Maintain accurate accounting records and ensure transactions are properly recorded, classified and supported by appropriate documentation.
• Process and review vendor invoices, employee expenses, payments and reimbursements.
• Manage customer accounting, invoicing, collections and outstanding receivables.
• Perform regular bank, vendor, customer and intercompany reconciliations.
• Support monthly, quarterly and annual financial closing activities.
• Prepare schedules, reconciliations and supporting documentation for management reporting.
• Assist in preparation of P&L, balance sheet and cash-flow reports.
• Monitor accruals, provisions, prepayments and other balance-sheet accounts.
• Support accounting for commodity trading transactions, including purchase and sales invoices, logistics/freight costs and related commercial expenses.
• Coordinate accounting and reconciliation of transactions between TORQ's Indian and international entities.
• Ensure compliance with applicable GST, TDS and other Indian statutory/tax requirements.
• Support GST returns, TDS calculations/returns and statutory filings in coordination with tax consultants.
• Assist with tax assessments, statutory audits, internal audits and financial audits.
• Maintain fixed-asset registers and depreciation schedules.
• Support payroll accounting and reconciliation with HR/payroll providers where required.
• Assist with banking transactions, payment preparation and cash/bank monitoring.
• Maintain proper documentation and an effective audit trail for all accounting transactions.
• Support implementation and improvement of accounting processes, internal controls and SOPs.
• Assist the Finance leadership team with ad-hoc financial analysis, reporting and accounting projects.

Candidate Profile

• Bachelor's degree in Accounting, Finance, Commerce or a related discipline.
• CA Inter / CMA Inter / MBA Finance would be an advantage.
• Approximately 4-7 years of relevant accounting experience.
• Strong understanding of Indian accounting principles and practical accounting processes.
• Good working knowledge of GST, TDS and statutory compliance.
• Experience with month-end closing, reconciliations and financial reporting.
• Experience dealing with auditors and external tax/accounting consultants.
• Strong Microsoft Excel skills.
• Experience with ERP/accounting systems ; exposure to Zoho, SAP, Tally or similar systems is advantageous.
• Previous experience within commodities, trading, import/export, logistics, manufacturing or an international organisation would be highly desirable.
• Good written and spoken English.

Key Competencies

We are looking for someone who is hands-on rather than purely supervisory. The successful candidate should demonstrate strong attention to detail, accuracy, ownership and the ability to work independently. The role requires someone comfortable working in an entrepreneurial and fast-moving environment, able to manage multiple priorities and follow transactions through from initial documentation to final reconciliation.

Accuracy | Ownership | Integrity | Analytical Thinking | Deadline Management | Commercial Awareness | Attention to Detail | Collaboration

Ideal Profile for TORQ

The strongest candidate would combine solid Indian accounting and compliance knowledge with practical experience in a trading or international business. Experience with multi-entity/intercompany accounting, commodity transactions, foreign-currency transactions and import/export documentation would be particularly relevant.

Benefits

• Competitive salary with performance-based bonus.
• Opportunity to work in a global commodity environment.
• Exposure to international markets and leading industry players.
• Career development in a fast-growing trading team.