Accountant — Roles &

Responsibilities An Accountant in a modular furniture organization is responsible for maintaining accurate financial records, processing transactions, monitoring receivables and payables, supporting costing, and ensuring proper financial control of the business.

1. Accounting &
- Bookkeeping

- Record daily financial transactions accurately.

- Maintain ledgers for income, expenses, purchases, sales, assets, liabilities, and other accounts.

- Post journal entries and adjustment entries.

- Maintain proper supporting documents for all transactions.

- Ensure accounting records are complete and up to date.

1. Purchase &
- Supplier Accounting

- Record purchase invoices and supplier bills.

- Verify invoices against Purchase Orders and Goods Receipt records.

- Check quantities, rates, taxes, and payment terms.

- Maintain supplier ledgers.

- Prepare supplier payment schedules.

- Follow up on invoice discrepancies with Purchase and Stores.

1. Sales &
- Customer Accounting

- Prepare and record customer invoices based on approved billing information.

- Maintain customer ledgers.

- Track outstanding receivables.

- Follow up with project/sales teams regarding pending customer payments.

- Reconcile customer accounts and resolve discrepancies.

1. Accounts Payable

- Process supplier invoices for payment.

- Verify supporting documents and approvals.

- Prepare payment requests as per agreed credit terms.

- Maintain accounts payable ageing.

- Coordinate with management for payment priorities.

- Ensure timely and accurate supplier payments.

1. Accounts Receivable

- Monitor customer outstanding balances.

- Prepare receivables ageing reports.

- Track advances, retention amounts, and pending invoices where applicable.

- Follow up for overdue payments.

- Reconcile customer statements.

- Report significant overdue amounts to management.

1. Bank &
- Cash Management

- Maintain bank and cash transaction records.





- Perform regular bank reconciliations.

- Monitor cash balances.

- Record receipts and payments.

- Maintain petty cash and supporting vouchers.

- Ensure proper authorization for payments.

1. Payroll Support

- Coordinate payroll-related accounting activities.

- Verify attendance/payroll information received from HR.

- Record salary and statutory deductions.

- Maintain payroll-related accounting records.

- Coordinate salary payments and employee advances where applicable.

1. Tax &
- Statutory Compliance

Depending on the organization's applicable requirements:

- Prepare information required for GST and other tax filings.

- Maintain proper tax invoices and supporting records.

- Reconcile input/output tax data.

- Coordinate with tax consultants/CA for statutory returns.

- Ensure accounting records are maintained for statutory requirements.

1. Project &
- Furniture Costing Support

For modular furniture projects, support management by tracking:

- Material costs

- Hardware costs

- Labour costs

- Production costs

- Transportation costs

- Installation costs

- Subcontractor costs

- Project expenses

- Compare actual project costs against approved budgets.

- Highlight significant cost variances.

1. Inventory Accounting

- Coordinate with Stores regarding inventory records.

- Reconcile physical stock with accounting/ERP records.

- Monitor inventory valuation.

- Record stock adjustments with proper approval.

- Support periodic stock audits.

- Identify unusual inventory variances.

1. Expense Control





- Verify expense claims and supporting documents.

- Record factory, office, logistics, travel, maintenance, and other expenses.

- Monitor expenses against approved budgets.

- Highlight unusual or excessive expenses.

- Ensure expenses are properly authorized.

1. Reconciliation

Regularly reconcile

- Bank accounts

- Customer accounts

- Supplier accounts

- GST/tax accounts

- Inventory

- Advances

- Inter-company accounts where applicable

- Project accounts

Investigate and resolve discrepancies promptly.

1. MIS &
- Management Reporting

Prepare reports such as

- Daily/weekly cash position

- Receivables ageing

- Payables ageing

- Sales report

- Purchase report

- Expense report

- Project profitability

- Cost variance

- Inventory valuation

- Bank reconciliation

- Monthly P&L; support

1. Audit Support

- Maintain proper accounting records for internal and external audits.

- Provide supporting documents requested by auditors.

- Reconcile audit queries.

- Implement approved accounting corrections.

- Maintain organized financial documentation.

1. Internal Financial Controls

- Ensure transactions follow approved authorization procedures.

- Maintain segregation of duties where applicable.

- Prevent duplicate payments and incorrect billing.

- Verify supporting documentation before processing transactions.

- Maintain confidentiality of financial information.

Key KPIs An Accountant can be evaluated on:

- Accounting accuracy

- Timeliness of monthly closing

- Bank reconciliation accuracy

- Receivables collection/ageing

- Payables accuracy

- Invoice processing turnaround time

- Tax compliance

- Inventory reconciliation accuracy

- Project cost-reporting accuracy

- Audit observations

- Reduction in accounting discrepancies

- Timeliness of MIS reporting

Pay: ₹8,597.17 - ₹41,725.77 per month

Work Location: In person

📌 Accountant (Wardha)
🏢 A-GLOBIA CREATIONS
📍 Wardha