Senior Executive - Account & Finance

Globe Grocer Food; Mumbai; On-site; INR 700,000 - 1,100,000; Full time

Job summary

Globe Grocer Food in India seeks a Senior Executive - F&A to manage end-to-end accounting, GST & TDS calculations, and statutory compliance for a fast-moving FMCG business. You will maintain books, prepare financial statements, handle tax filings, and coordinate with auditors, banks, and consultants while ensuring accuracy, timeliness, and adherence to Indian regulations.

The role requires hands-on accounting operations, expertise in Ind AS, ERP entries (Tally, SAP, Oracle), and a proactive

Qualifications

• B.Com or M.Com is mandatory.
• CA Inter or CMA Inter preferred.
• Mandatory exposure to FMCG / Consumer Goods / Manufacturing.
• Hands-on GST & TDS knowledge and compliance.
• Proficiency with ERP systems and MS Excel.

Responsibilities

• Manage end-to-end accounting, taxation, and compliance for FMCG business.
• Maintain books of accounts and ensure month-end/year-end closures.
• Prepare monthly, quarterly, and annual financial statements.
• File GST and TDS returns; coordinate audits and notices.
• Coordinate with banks, auditors, consultants; support ERP/process improvements.

Skills

GST knowledge

TDS knowledge

Analytical skills

Attention to detail

Communication

Education

B.Com / M.Com

CA Inter / CMA Inter

Tools

Tally

SAP

Oracle

ZOHO

ERP systems

Job description

Job Summary

The Senior Executive -F&A will manage end-to-end accounting, taxation, and compliance activities for an FMCG business. The role requires hands‑on expertise in accounting operations, GST & TDS calculations, statutory compliance, distributor accounting, and financial reporting, ensuring accuracy, timeliness, and adherence to Indian regulations.

Key Responsibilities

Accounting & Financial Operations

• Maintain books of accounts in compliance with Indian Accounting Standards (Ind AS)
• Handle day-to-day accounting, journal entries, ledger scrutiny, and reconciliations
• Prepare monthly, quarterly, and annual financial statements
• Ensure timely month-end and year-end closures
• Review and control expenses, provisions, and accruals

GST Calculation, Compliance & Reporting

• Calculate GST liability on sales, schemes, discounts, and credit/debit notes
• Compute eligible Input Tax Credit (ITC) and perform reversals as per GST provisions
• Pass accurate GST accounting entries in ERP/Tally
• Prepare and file GSTR-1, GSTR-3B, and perform GSTR-2B vs books reconciliation
• Calculate interest, late fees, and reversals, where applicable
• Handle multi-state GST registrations, inter-state transactions, and e-way bill compliance
• Manage GST implications for trade promotions, distributor incentives, freight, and logistics costs
• Coordinate with consultants and handle GST audits, notices, and assessments

TDS Calculation & Income Tax Compliance

• Calculate TDS deductions under relevant sections (194C, 194J, 194H, 194I, 192, etc.)
• Identify correct TDS rates based on vendor category and payment nature
• Ensure accurate TDS accounting entries and timely tax deposits
• Prepare and file quarterly TDS returns (24Q, 26Q)
• Calculate interest and late fees for delays or defaults, if any
• Issue Form 16 / Form 16A within statutory timelines
• Manage lower / nil deduction certificates and related compliance
• Respond to TDS notices and reconciliations

FMCG Commercial & Distributor Accounting

• Accounting of sales, distributor margins, incentives, and trade schemes
• Reconciliation of distributor, customer, and channel partner accounts
• Processing of credit notes and claims related to schemes and promotions
• Monitor trade spends and ensure proper accounting treatment

Reporting, Audit & Support

• Prepare MIS reports for management on sales, margins, expenses, and profitability
• Support statutory, tax, and internal audits and closure of audit observations
• Coordinate with banks, auditors, and consultants
• Assist in ERP/system improvements and process automation

Key Performance Indicators (KPIs)

• Timely and accurate book closures
• 100% compliance in GST & TDS calculations and filings
• Zero penalties, interest, or adverse audit remarks
• Accuracy in distributor and customer reconciliations
• Timely submission of MIS and statutory reports

Qualifications & Experience

Education

• B.Com / M.Com (Mandatory)
• CA Inter / CMA Inter preferred

Experience

• 7-10 years of relevant experience in Accounts & Finance
• Mandatory exposure to FMCG / Consumer Goods / Manufacturing
• Strong hands-on experience in GST & TDS calculations and compliance

Skills & Competencies

• In-depth knowledge of GST, TDS, and Indian taxation laws
• Proficiency in Tally / SAP / Oracle / ZOHO / ERP systems
• Advanced Excel skills
• Strong analytical and problem-solving abilities
• High attention to detail and deadline orientation
• Effective communication and stakeholder coordination Role & responsibilities