Senior Account Executive

OnatiGlobal; Bengaluru South; On-site; INR 700,000 - 1,100,000; Full time

Job summary

OnatiGlobal in Bengaluru, Karnataka seeks a Senior Accounts Executive to manage end-to-end accounting, statutory compliance, tax filings, and financial reporting. You will own AP, AR, banking, GST/TDS, payroll and audit coordination using Tally Prime and advanced MS Excel.

The role requires 5–7 years of experience in accounting within manufacturing or multi-channel retail environments, with strong knowledge of Indian GST laws and payroll statutory frameworks.

Qualifications

• Bachelor’s degree in commerce or higher with 5–7 years of end-to-end accounting experience.
• Exposure to manufacturing or multi-channel retail/E-commerce is a plus.
• Strong knowledge of GST, TDS, payroll statutory requirements and compliance.

Responsibilities

• Prepare monthly, quarterly and annual financial statements per Indian accounting standards.
• Manage general ledger, journals and account reconciliations.
• Oversee accounts payable/receivable, banking and cash flow reporting.
• Coordinate cross-functionally with Purchase, Stores, HR and Sales for accounting needs.
• Ensure GST/TDS compliance and payroll processing; handle statutory returns.
• Coordinate internal and external audits and stock/inventory controls.

Skills

MS Excel

GST compliance

Payroll processing

Audit coordination

Education

Bachelor's degree in Commerce (B.Com)

M.Com

Inter CA or equivalent

Tools

Tally Prime

Job description

We are seeking an experienced, detail-oriented Senior Accounts Executive to oversee and manage end-to-end accounting, statutory compliance, tax filings, and financial reporting for our operations in Bangalore Karnataka. The candidate will take complete ownership of day-to-day accounts payable (AP), accounts receivable (AR), banking, GST/TDS compliance, payroll processing, and internal/external audit coordination using Tally Prime and advanced MS Excel.

We are seeking an experienced, detail-oriented Senior Accounts Executive to oversee and manage end-to-end accounting, statutory compliance, tax filings, and financial reporting for our operations in Bangalore Karnataka. The candidate will take complete ownership of day-to-day accounts payable (AP), accounts receivable (AR), banking, GST/TDS compliance, payroll processing, and internal/external audit coordination using Tally Prime and advanced MS Excel.

Key Responsibilities

1. Financial Accounting, Reporting & Ledger Management

• Prepare monthly, quarterly, and annual financial statements, ensuring strict adherence to Indian Accounting Standards.
• Manage general ledger entries, journal postings, and comprehensive account reconciliations.
• Maintain complete accuracy of books and prepare monthly cash flow statements.
• Execute monthly closing of books of accounts within strict timelines.

2. Accounts Payable (AP) & Departmental Coordination

• Verify vendor invoices against Purchase Orders (PO), Goods Receipt Inspection Notes (GRIN/GRN), and process timely payments.
• Issue Debit Notes and Credit Notes as required.
• Handle TDS deductions, vendor payments, and monthly vendor ledger reconciliations.
• Verify and process employee travel advances and expense reimbursements across all departments.
• Manage petty cash expenses for both office and factory operations.
• Coordinate cross-functionally with Purchase, Stores, QC, Production, HR, Marketing, and R&D teams for day-to-day accounting requirements.

3. Accounts Receivable (AR) & Credit Management

• Process customer orders and coordinate with Marketing, Sales, and Stores/Warehouse teams for dispatch execution.
• Generate customer invoices, billing, and Debit/Credit notes for schemes or claims.
• Track payment due dates, conduct regular follow-ups with customers, dealers, and distributors, and maintain customer aging reports.
• Verify bank statements daily to track and record customer payment collections accurately.
• Perform periodic customer ledger reconciliations and obtain balance confirmation letters.
• Handle cheque bounce cases in direct coordination with the legal team.

4. Banking & Treasury Management

• Prepare daily/monthly Bank Reconciliation Statements (BRS).
• Assist in managing daily fund flows, working capital requirements, and banking transactions.

5. Taxation & Statutory Compliance (GST, TDS, Payroll)

• File monthly GST returns (GSTR-1, GSTR-3B), generate E-Way Bills, and perform continuous reconciliation with GSTR-2B.
• Assist in handling GST assessment proceedings and coordinate with tax authorities.
• Calculate TDS liabilities, process monthly TDS payments, prepare TDS returns, and execute ledger reconciliations.
• Compute and file statutory payroll dues, including Provident Fund (PF), Employee State Insurance (ESI), and Professional Tax (PT) in compliance with Karnataka state regulations.
• E-Way bill generation on Government portal for shipping.

6. MIS Reporting, Audit & Inventory Control

• Prepare monthly MIS reports, including Budget vs. Actual comparison and variance analysis.
• Provide actionable financial insights and analytical data to management.
• Lead and coordinate with internal and external auditors for statutory, tax, and internal audits.
• Plan and execute periodic stock audits and inventory physical verification at factory/warehouse sites.

Required Candidate Profile & Qualifications

• Educational Background: Bachelor’s Degree in Commerce (B.Com) / M.Com / Inter CA or equivalent.
• Work Experience: Minimum 5 -7 years of hands-on, end-to-end accounting experience (proven track record since Jan 2017 to date). Exposure to manufacturing or multi-channel retail/D2C / E commerce environments is a plus.

• Technical Software Expertise:
• Proficient in Tally Prime
• Advanced proficiency in MS Excel (VLOOKUP, Pivot Tables, financial modeling formulas).
• Taxation & Legal Knowledge: In-depth working knowledge of GST laws, GSTR-2B reconciliation, TDS rules, and Karnataka PT/PF/ESI statutory frameworks.
• Communication & Collaboration: Strong interpersonal skills to handle cross-departmental coordination, vendor negotiations, legal follow-ups, and auditor queries.