19 Sep
|
Magical Nest
|
Bengaluru
19 Sep
Magical Nest
Bengaluru
Job DescriptionMagical Nest is a premium kids' room interior and furniture company specializing in highly customized residential interiors and furniture solutions.
NWe are looking for a reliable and detail-oriented Accounts Executive / Junior Accountant to manage day-to-day accounting and finance activities at our factory office in Cheemasandra, Bangalore.
NThis is a hands-on junior-to-mid-level accounting role for someone who is comfortable working closely with procurement, factory, vendors, project teams, and the central finance function.
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nKey Responsibilities
NDay-to-Day Accounting
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- Handle routine accounting entries and bookkeeping
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- Record purchase, sales,payment, receipt, and journal entries
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- Maintain accurate ledgers and supporting documentation
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- Ensure all transactionsare recorded correctly and on time
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- Maintain proper filing of bills, invoices, vouchers, and financial records
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nVendor & Purchase Accounting
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- Verify vendor bills against purchase orders, delivery records, and supporting documents
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- Maintain vendor ledgersand reconcile vendor accounts
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- Track vendor advances and outstanding payments
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- Follow up internally for invoice discrepancies or missing documents
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- Prepare vendor payment schedules for approval
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nFactory Expense Accounting
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- Record and track factory-related expenses
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- Maintain records of labour, material, transport, petty cash, and operational expenses
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- Ensure expenses are allocated to the correct project or cost centre
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- Monitor recurring factory expenses and highlight unusual variances
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nProject-Wise Cost Tracking
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- Maintain project-wise accounting records
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- Track material purchases, vendor costs, labour expenses, logistics, and other project expenses
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- Support project profitability and cost analysis
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- Ensure project expensesare correctly tagged in the accounting system
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nBank & Cash Reconciliation
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- Perform bank reconciliations
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- Maintain petty cash records
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- Verify cash expenses and supporting vouchers
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- Reconcile payments, receipts, and outstanding balances
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nGST & TDS Support
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- Assist with GST calculations and reconciliations
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- Maintain GST-related documentation
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- Support TDS calculations, deductions, and record keeping
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- Coordinate with the Finance Manager / CA for statutory filings
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- Ensure required accounting information is available before filing deadlines
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nReceivables & Payables
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- Track vendor payables and payment due dates
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- Maintain customer receivable records wherever applicable
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- Prepare aging reports for outstanding amounts
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- Support follow-up and reconciliation activities
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nInventory & Material Accounting
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- Coordinate with procurement and factory teams for material records
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- Assist in reconciliation of purchases against material received
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- Track material-related invoices and supporting documentation
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- Support periodic inventory verification and stock reconciliation
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nMIS & Reporting
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- Prepare routine accounting reports
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- Maintain payable, receivable, and expense trackers
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- Support month-end closing activities
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- Provide accounting datato management and the Finance team as required
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nAudit & Documentation
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- Maintain completesupporting documents for accounting transactions
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- Assist during internal and statutory audits
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- Coordinate with auditors and external consultants when required
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- Ensure records remain accurate and audit-ready
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nRequired Skills
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- Good understanding of basic accounting principles
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- Hands-on knowledge of Tally Prime / Tally ERP
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- Working knowledge of GST and TDS
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- Good working knowledge of Microsoft Excel / Google Sheets
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- Experience with vendor reconciliation and purchase accounting
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- Good numerical accuracyand attention to detail
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- Robust documentation and follow-up discipline
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- Ability to coordinate with vendors and internal teams
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- Basic communication skills in English and Hindi;
Kannada is an advantage
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nExperience & Qualifications
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- 2–4 years of relevant accounting experience
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- B.Com / M.Com or equivalent qualification preferred
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- Experience in furniture, home interiors, manufacturing, modular furniture, construction, or other project-based businesses will be strongly preferred
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- Experience working in afactory or procurement-heavy environment is an advantage
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nIdeal Candidate
NWe are looking for someone who:
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- Is hands-on and comfortable with day-to-day accounting
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- Is organized and disciplined with bills, vouchers, and documentation
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- Can independently handle vendor reconciliations and routine accounting
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- Is comfortable working from a factory environment
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- Follows up proactively instead of waiting for instructions
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- Understands the importance of project-wise cost tracking
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- Can grow into a larger finance and accounting role over time
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nWork Location
NCheemasandra, Bangalore
NThis is a full-time Work From Factory position.
NCandidates living nearby or willing to commute/relocate to the Cheemasandra area will be preferred.
📌 Accounts Executive - Factory Operations (Bengaluru)
🏢 Magical Nest
📍 Bengaluru