Accounts & Finance Executive

EAI Systems; Mumbai; On-site; INR 550,000 - 750,000; Full time

Benefits offered by this job

5-day work week

Growth opportunities

Professional environment

Exposure to accounting, taxation

Job summary

We are looking for an Accounts & Finance Executive to join our finance team in Thane. The ideal candidate should have a minimum of 3 years of hands-on experience in accounting, financial operations, taxation, compliance, and financial reporting.

The candidate will be responsible for managing day-to-day accounting activities, maintaining accurate financial records, ensuring statutory compliance, and supporting the overall financial operations of the organization.

Qualifications

• Minimum 3 years of relevant experience in accounting and finance.
• Strong knowledge of Indian accounting practices, GST, TDS, and statutory compliance.
• Hands-on experience with Tally Prime / Tally ERP or similar accounting software.

Responsibilities

• Accounting & Bookkeeping: journal entries, ledgers, reconciliations, and invoicing.
• GST, TDS & statutory compliance: filing returns and tax deductions.
• Accounts Payable & Receivable: vendor invoices, payments, receivables ageing.
• Financial Reporting & MIS: monthly financials, P&L, balance sheets, cash flow, budgets.
• Banking & Financial Operations: daily cash flow, bank transactions, petty cash.
• Audit & Documentation: assist internal/statutory audits and maintain records.

Skills

Accounting

GST

TDS

Financial reporting

MS Excel

Bank reconciliation

Audit support

Education

B.Com / M.Com / MBA in Finance or Accounting

Tools

Tally Prime / Tally ERP

Job description

We are looking for a detail-oriented and experienced Accounts & Finance Executive to join our finance team in Thane. The ideal candidate should have a minimum of 3 years of hands-on experience in accounting, financial operations, taxation, compliance, and financial reporting.

The candidate will be responsible for managing day-to-day accounting activities, maintaining accurate financial records, ensuring statutory compliance, and supporting the overall financial operations of the organization.

Role & responsibilities

1. Accounting & Bookkeeping

• Manage daily accounting transactions, including journal entries, ledgers, and reconciliations.
• Maintain accurate books of accounts and financial records.
• Handle accounts payable (AP) and accounts receivable (AR).
• Prepare and maintain invoices, payment vouchers, debit notes, and credit notes.
• Perform monthly bank and ledger reconciliations.
• Assist in monthly, quarterly, and annual book closures.

2. GST, TDS & Statutory Compliance

• Prepare GST workings and assist with timely filing of GSTR-1, GSTR-3B, and other applicable returns.
• Calculate TDS, ensure timely deductions and payments, and assist with filing TDS returns.
• Reconcile GST input tax credit with GSTR-2B.
• Maintain statutory records and ensure compliance with applicable tax regulations.
• Coordinate with Chartered Accountants and auditors for statutory and tax-related matters.

3. Accounts Payable & Receivable

• Process vendor invoices and ensure timely payments.
• Monitor outstanding customer payments and follow up on receivables.
• Maintain vendor and customer account reconciliations.
• Prepare ageing reports for receivables and payables.
• Support invoice verification and payment approvals.

4. Financial Reporting & MIS

• Prepare monthly financial statements and management reports.
• Assist in preparing Profit & Loss statements, Balance Sheets, and Cash Flow reports.
• Monitor expenses and support budget tracking.
• Prepare MIS reports and financial summaries for management.
• Identify discrepancies and recommend improvements in financial processes.

5. Banking & Financial Operations

• Handle banking transactions and payment processing.
• Maintain petty cash and expense records.
• Monitor daily cash flow and bank balances.
• Coordinate with banks, vendors, and internal departments on financial transactions.

6. Audit & Documentation

• Assist with internal and statutory audits.
• Maintain organized financial documents and supporting records.
• Ensure proper documentation of all financial transactions.
• Support financial process improvements and internal controls.

Preferred candidate profile

• Minimum 3 years of relevant experience in accounting and finance.
• Strong knowledge of Indian accounting practices, GST, TDS, and statutory compliance.
• Hands-on experience with Tally Prime / Tally ERP or similar accounting software.
• Proficiency in MS Excel, including Pivot Tables, VLOOKUP/XLOOKUP, and financial reporting.
• Good understanding of accounts payable, accounts receivable, and bank reconciliation.
• Strong analytical, numerical, and problem-solving skills.
• Excellent attention to detail and accuracy.
• Good communication and coordination skills.
• Ability to work independently and meet deadlines.

Preferred Qualifications

• B.Com / M.Com / MBA in Finance or Accounting.
• Experience working in an IT services, software, or professional services organization will be an added advantage.
• Familiarity with ERP accounting systems is desirable.
• Experience coordinating with external auditors and tax consultants.

What We Offer

• 5-day working week (Monday to Friday).
• Professional and collaborative work environment.
• Opportunities for career growth and skill development.
• Exposure to accounting, taxation, compliance, and financial management activities.