Job description - Armor ventures india pvt ltd.

Position Overview: Accounts Executive will manage comprehensive accounting operations, financial reporting, and compliance activities while leading accounting processes and supporting junior staff in a Chennai-based organization.

Key Responsibilities:

Financial Accounting & Reporting

· Prepare and maintain books of accounts including general ledger, subsidiary ledgers, and trial balance

· Generate monthly, quarterly, and annual financial statements as per Indian GAAP

· Handle journal entries, accruals, prepayments, and month-end closing procedures

· Prepare bank reconciliation statements and manage cash flow analysis

· Maintain fixed asset registers and calculate depreciation schedules

Accounts Payable & Receivable Management

· Process vendor invoices, purchase orders, and payment authorizations

· Manage supplier payments, vendor reconciliations, and aging analysis

· Handle customer invoicing, collection follow-ups, and receivables management

· Coordinate with sales team for revenue recognition and billing queries

· Maintain creditor and debtor aging reports and collection strategies

Taxation & Compliance

· Prepare and file GST returns (GSTR-1, GSTR-3B, GSTR-9) within statutory deadlines

· Handle TDS calculations, deductions, and quarterly/annual TDS returns

· Manage income tax assessments, advance tax payments, and IT return filing

· Ensure compliance with Tamil Nadu state taxes and local regulations

· Coordinate with tax consultants and statutory auditors

Payroll & Statutory Compliance

· Process monthly payroll including salary calculations, deductions, and reimbursements

· Handle PF (Provident Fund), ESI, and professional tax computations and payments

· Manage employee loan accounts, advance recoveries, and final settlements

· Prepare Form 16, salary certificates, and other employee documentation

· Ensure compliance with labor laws and statutory requirements

Cost Accounting & Analysis

· Analyze cost centers, profit centers, and departmental performance

· Prepare cost sheets, variance analysis,



and profitability reports

· Monitor budget vs. actual performance and provide variance explanations

· Support management with costing decisions and pricing strategies

· Maintain inventory valuation and stock movement records

Banking & Treasury Operations

· Manage daily banking operations, fund transfers, and cash management

· Handle letter of credit, bank guarantees, and trade finance documentation

· Monitor foreign exchange transactions and currency fluctuations

· Coordinate with banks for loan documentation and compliance requirements

· Maintain banking relationships and negotiate banking terms

Audit & Internal Controls

· Coordinate with internal and statutory auditors during audit processes

· Prepare audit working papers, schedules, and supporting documentation

· Implement internal control procedures and compliance monitoring

· Handle audit queries, management letter responses, and corrective actions

· Ensure proper documentation and audit trail maintenance

MIS & Financial Analysis

· Prepare management information system (MIS) reports for senior management

· Generate cash flow statements, fund flow analysis, and financial ratios

· Provide financial analysis and insights for business decision-making

· Create dashboards and KPI reports for operational performance

· Support budgeting, forecasting, and financial planning activities

System & Process Management

· Operate accounting software (Tally ERP, Zoho Books etc.,)

· Maintain chart of accounts, cost centers, and accounting configurations

· Implement process improvements and automation initiatives

· Handle data backup, security protocols, and system maintenance

· Coordinate with IT team for software updates and technical support





Required Qualifications:

· Bachelor's degree in commerce (B.Com) with specialization in Accounting/Finance

· Professional qualifications: CA (Inter), CMA (Inter), or equivalent preferred

· 4-6 years of progressive accounting experience in Indian corporate environment

· Strong knowledge of Indian Accounting Standards (Ind AS) and taxation laws

· Proficiency in accounting software (Tally ERP 9, SAP, Oracle)

Essential Skills:

· Advanced knowledge of GST, TDS, income tax, and corporate compliance

· Expertise in financial statement preparation and analysis

· Solid analytical and problem-solving capabilities

· Excellent communication skills in English and Tamil

· Leadership and team management abilities

Key Performance Indicators:

· Timely closure of monthly accounts (within 5 working days)

· Zero penalties for statutory compliance and tax filings

· Accurate financial reporting with minimal audit adjustments

· Effective cash flow management and collection efficiency

· Team productivity and professional development metrics

Compensation & Benefits:

· Competitive salary package commensurate with experience

· Performance-based incentives and annual increments

· Professional development opportunities and certification support

· Health insurance, PF, and other statutory benefits as per company policy

Role: Finance

& Accounting - Other

Industry Type: Real estate & Pharmaceutical

& Life Sciences

Department: Finance

& Accounting

Employment Type: Full Time, Permanent

Role Category: Finance & Accounting - Other

Education

UG: B.Com in Any Specialization, B.A in Any Specialization, B.Sc in Any Specialization

Key Skills

Financial Accounting & Reporting

Accounts Payable & Receivable ManagementTaxation & ComplianceAudit & Internal ControlsCost Accounting & AnalysisBanking & Treasury OperationsPayroll & Statutory Compliance

About companyWe are diverse group of companies involved in Real Estate Infrastructure, Nutraceuticals, Export & Imports, Warehousing & Logictics.

📌 Accountant/ Accounts Executive (Chennai)
🏢 Armor Ventures
📍 Chennai