Scope of Work for Senior Accounts Position Senior Accounts Executive Department Accounts Finance Reports To Finance Manager Chief Financial Officer CFO 1 Financial Management Reporting Monthly Quarterly Financial Reports Prepare and review financial statements including Profit Loss accounts Balance Sheets and Cash Flow statements Ensure accurate and timely submission of financial reports to management for review and decision-making Coordinate with external auditors for annual audits and facilitate the preparation of audit reports Reconciliation Conduct monthly bank and account reconciliations to ensure that all records are accurate Reconcile vendor and customer ledgers ensuring any discrepancies are identified and resolved Taxation and Compliance Ensure timely and accurate filing of GST returns TDS returns and other statutory filings as per regulatory requirements Keep up to date with tax laws and ensure compliance with applicable local state and national tax regulations 2 Tally Prime Expertise Tally Prime Management Oversee the management of the Tally Prime software ensuring that all entries transactions and data are accurately recorded Regularly update the system to reflect changes in accounting policies or company operations Data Entry Reconciliation in Tally Prime Supervise the entry of daily financial transactions such as purchases sales expenses receipts and payments Ensure all financial data is properly categorized and reconciled in Tally Prime Reports Generation Generate required financial reports from Tally Prime including balance sheets profit loss statements trial balances and GST reports Customize Tally Prime reports as needed to meet specific business or management requirements 3 Team Handling Leadership Team Supervision Management Lead and manage a team of junior accountants or accounts assistants ensuring their tasks are completed on time and with accuracy Provide training and guidance on accounting procedures Tally Prime usage and best practices Assign tasks to the team monitor progress and ensure deadlines are met Performance Management Conduct regular performance evaluations for team members Provide feedback and set development goals for the team offering support where necessary to help them meet their targets Team Coordination Act as the point of contact between the finance team and other departments e g Sales Procurement to resolve any accounting-related issues Ensure smooth communication within the team and with other departments to streamline accounting operations 4 Budgeting Financial Forecasting Budget Preparation Assist in the preparation of annual budgets and financial forecasts based on company goals and historical data Track and compare actual financial performance against the budget providing variance analysis and suggestions for improvement Cost Control Monitor and control costs to ensure they align with the budget Identify areas for cost savings and suggest measures to improve the financial efficiency of the organization 5 Accounts Payable Receivable Vendor Management Oversee the accounts payable process ensuring all vendor invoices are processed in a timely manner and payments are made according to terms Resolve any discrepancies with vendors and ensure proper documentation for all payments Customer Invoicing Receivables Supervise the invoicing process for clients and ensure accurate tracking of accounts receivable Coordinate with the collections team to ensure timely collection of outstanding payments 6 Internal Controls Auditing Internal Controls Ensure strong internal controls are in place to safeguard company assets and prevent financial mismanagement or fraud Review and strengthen internal accounting processes and procedures to improve efficiency and compliance Audit Support Assist in internal and external audits providing necessary documentation and support to auditors Implement any necessary changes or improvements based on audit findings 7 Financial Strategy Business Insights Business Analysis Provide financial analysis and insights to support business decision-making including margin analysis cost analysis and profitability assessments Work closely with management to align financial strategies with overall business goals Cash Flow Management Monitor and manage the company s cash flow ensuring adequate liquidity for operations Forecast cash requirements and assist in maintaining a balance between receivables payables and working capital Skills Qualifications Education A degree in Accounting Finance or related fields CPA CA or similar qualification preferred Technical Skills Expertise in Tally Prime accounting software Proficiency in Microsoft Office Excel Word PowerPoint Knowledge of statutory requirements including GST TDS and Income Tax regulations Experience Minimum 5-7 years of experience in accounting with at least 2 years in a senior or supervisory role Proven experience in handling a team and managing complex accounting functions Soft Skills Strong leadership communication and interpersonal skills Ability to work under pressure and meet tight deadlines Strong attention to detail and a commitment to accuracy Analytical mindset with the ability to interpret financial data Note This scope of work serves as a general guideline and may evolve based on the specific needs of the company and department This outline clearly defines both the technical and managerial responsibilities expected from a Senior Accounts Executive Would you like to adjust or add anything based on your company s specific needs Job Type Full time Pay 35 000 00 - 45 000 00 per month Benefits Cell phone reimbursement Health insurance Paid sick time Provident Fund Work Location In person

📌 Sr. Accountant (Maharashtra)
🏢 Doit Industries India Private
📍 Maharashtra