Roles &

Responsibilities Accountant

1. Accounting &
- Bookkeeping

- Maintain day-to-day accounting records and ensure accurate posting of all financial transactions.

- Maintain ledgers, journals, cash book, bank book, and general accounting records.

- Prepare and verify sales, purchase, receipt, and payment entries.

- Ensure proper documentation and supporting records for all transactions.

1. Accounts Payable &
- Receivable

- Monitor vendor invoices, purchase bills, and payment schedules.

- Verify invoices against purchase orders, goods receipt notes, and supporting documents.

- Maintain customer outstanding statements and follow up for collections.

- Reconcile vendor and customer accounts regularly.

1. Banking &
- Reconciliation

- Perform regular bank reconciliation and identify discrepancies.

- Monitor bank transactions, receipts, payments, and fund requirements.

- Prepare payment instructions and maintain proper payment records.

1. GST &
- Statutory Compliance

- Assist in preparation and filing of GST returns and related reconciliations.

- Verify GST input/output tax records and resolve discrepancies.

- Maintain statutory records and ensure compliance with applicable tax requirements.

- Coordinate with consultants/auditors for GST, TDS, and other statutory matters.

1. TDS &
- Other Taxation

- Calculate and record TDS deductions.

- Ensure timely payment and filing of TDS returns.

- Maintain TDS certificates and supporting documentation.

- Assist in income-tax and other statutory requirements.

1. Payroll &
- Employee Accounts

- Assist in monthly payroll processing and salary-related accounting.

- Verify attendance, deductions, advances, reimbursements, and other employee payments.

- Maintain records related to employee loans, advances, and expenses.

1. Month-End &
- Year-End Closing

- Prepare monthly closing activities and account schedules.

- Pass necessary provisions, accruals, and adjustment entries.





- Assist in preparation of trial balance, profit & loss account, and balance sheet.

- Support annual closing and statutory audit activities.

1. Inventory &
- Manufacturing Accounts

- Coordinate with stores and production departments for inventory accounting.

- Reconcile physical stock with accounting records.

- Monitor raw material, finished goods, and consumable inventory values.

- Assist in product costing and analysis of manufacturing expenses.

1. Expense &
- Cost Control

- Review company expenses and ensure proper accounting classification.

- Monitor expenses against budgets and highlight significant variances.

- Support management in cost analysis and financial reporting.

1. Audit &
- Documentation

- Provide required documents and schedules to internal and statutory auditors.

- Maintain proper filing of invoices, vouchers, agreements, tax records, and other financial documents.

- Ensure accounting records are accurate, complete, and audit-ready.

1. MIS &
- Management Reporting

- Prepare regular MIS reports relating to sales, purchases, expenses, receivables, payables, cash flow, and profitability.

- Provide accurate financial information to management for decision-making.

- Highlight unusual transactions, discrepancies, and financial risks.

1. Internal Controls

- Ensure proper authorization and supporting documentation for financial transactions.

- Identify accounting discrepancies and take corrective action.

- Follow company policies and accounting procedures.

Key Skills / Requirements

- Strong knowledge of accounting principles and practices.

- Working knowledge of GST, TDS, and statutory compliance.

- Good command of Tally/ERP and MS Excel.

- Knowledge of accounts payable, receivable, bank reconciliation, and taxation.

- Positive analytical and communication skills.

- Accuracy, confidentiality, and attention to detail.

- Ability to coordinate with purchase, sales, stores, production, HR, and management.

📌 Accountant (Hyderabad)
🏢 Coldadge India
📍 Hyderabad