Finance Executive

Loopworm; Bengaluru; On-site; INR 600,000 - 800,000; Full time

Job summary

Loopworm is seeking a Finance & Accounts Executive in Bengaluru to manage daily accounting, vendor coordination, and statutory compliance. You will oversee month-end processes, handle GST and TDS reconciliation, and maintain inventory registers using Tally ERP.

The role requires 3–6 years of core accounting experience with proficiency in Excel, and a Bachelor’s degree in Accounting, Finance, or Commerce. Manufacturing experience is preferred; Bangalore-based position with a strong

Qualifications

• Bachelor's degree in Accounting, Finance, or Commerce (B.Com/M.Com/MBA).
• Working knowledge of Tally Prime or ERP systems.
• Expertise in Microsoft Excel (VLOOKUPs, Pivot Tables, and financial modeling).

Responsibilities

• Oversee day-to-day accounting functions and ensure timely month-end and year-end closings.
• Process purchase orders and purchase invoices; pass purchase entries and reconcile with POs, invoices, and vendor statements.
• Perform GST 2A reconciliation and stay updated on financial regulations and tax laws.

Skills

Tally ERP

Purchase entries

GST coordination

TDS

Inventory management

Excel

Education

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

Tools

Tally Prime / ERP systems

Job description

Role Objective

We are seeking a detail-oriented and analytical Finance & Accounts Executive to manage our financial records, oversee purchase and inventory-related accounting, ensure statutory compliance, and contribute to accurate financial reporting. The ideal candidate will have a solid grasp of accounting principles, hands-on experience with Tally ERP, vendor and GST coordination, and the ability to interpret financial data to support business decisions.

Key Responsibilities

1. Financial Accounting & Operations

• Oversee day-to-day accounting functions.
  Ensure timely and accurate month-end and year-end closing processes.
• Perform bank reconciliations and manage petty cash / inter-company transactions.

2. Purchase, Inventory & Vendor Coordination

• Create and process purchase orders (PO) and purchase invoices in a timely and accurate manner.
• Pass purchase entries in Tally ERP and reconcile them against POs, invoices, and vendor statements.
• Maintain and manage inventory records, including stock reconciliation and fixed asset & inventory registers.
• Coordinate with vendors on GST-related matters, including invoice discrepancies and documentation.

3. Statutory Compliance & Taxation

• Perform GST 2A reconciliation on a regular basis and follow up with vendors to resolve mismatches.
• Stay updated on changes in financial regulations and tax laws to ensure the company remains compliant.

Mandatory Skills

• Hands-on experience with Tally ERP system
• Proficiency in passing and managing purchase entries
• Strong working knowledge of TDS (calculation, deduction, and filing)
• Coordination with vendors on GST-related matters
• GST 2A reconciliation
• Inventory management

Required Skills & Qualifications

• Education: Bachelor's degree in Accounting, Finance, or Commerce (B.Com/M.Com/MBA).
• Software Proficiency: Working knowledge of Tally Prime or ERP systems.
• Expertise in Microsoft Excel (VLOOKUPs, Pivot Tables, and financial modeling).
• Core Skills: Purchase orders, purchase invoices, purchase entries, payments processing, GST, TDS, and reconciliation.
• Experience: 3-6 years of core accounting experience, preferably in a Manufacturing environment.
• Soft Skills: Strong analytical thinking, high integrity, and the ability to meet strict deadlines under pressure.