Magical Nest is a premium kids' room interior and furniture company specializing in highly customized residential interiors and furniture solutions.

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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.

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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

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nDay-to-Day Accounting

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n- Handle routine accounting entries and bookkeeping

n- Record purchase, sales, payment, receipt, and journal entries

n- Maintain accurate ledgers and supporting documentation

n- Ensure all transactions are recorded correctly and on time

n- Maintain proper filing of bills, invoices, vouchers, and financial records

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nVendor & Purchase Accounting

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n- Verify vendor bills against purchase orders, delivery records, and supporting documents

n- Maintain vendor ledgers and reconcile vendor accounts

n- Track vendor advances and outstanding payments

n- Follow up internally for invoice discrepancies or missing documents

n- Prepare vendor payment schedules for approval

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nFactory Expense Accounting

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n- Record and track factory-related expenses

n- Maintain records of labour, material, transport, petty cash, and operational expenses

n- Ensure expenses are allocated to the correct project or cost centre

n- Monitor recurring factory expenses and highlight unusual variances

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nProject-Wise Cost Tracking

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n- Maintain project-wise accounting records

n- Track material purchases, vendor costs, labour expenses, logistics, and other project expenses

n- Support project profitability and cost analysis

n- Ensure project expenses are correctly tagged in the accounting system





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nBank & Cash Reconciliation

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n- Perform bank reconciliations

n- Maintain petty cash records

n- Verify cash expenses and supporting vouchers

n- Reconcile payments, receipts, and outstanding balances

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nGST & TDS Support

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n- Assist with GST calculations and reconciliations

n- Maintain GST-related documentation

n- Support TDS calculations, deductions, and record keeping

n- Coordinate with the Finance Manager / CA for statutory filings

n- Ensure required accounting information is available before filing deadlines

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nReceivables & Payables

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n- Track vendor payables and payment due dates

n- Maintain customer receivable records wherever applicable

n- Prepare aging reports for outstanding amounts

n- Support follow-up and reconciliation activities

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nInventory & Material Accounting

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n- Coordinate with procurement and factory teams for material records

n- Assist in reconciliation of purchases against material received

n- Track material-related invoices and supporting documentation

n- Support periodic inventory verification and stock reconciliation

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nMIS & Reporting

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n- Prepare routine accounting reports

n- Maintain payable, receivable, and expense trackers

n- Support month-end closing activities

n- Provide accounting data to management and the Finance team as required

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nAudit & Documentation

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n- Maintain complete supporting documents for accounting transactions

n- Assist during internal and statutory audits





n- Coordinate with auditors and external consultants when required

n- Ensure records remain accurate and audit-ready

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nRequired Skills

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n- Valuable understanding of basic accounting principles

n- Hands-on knowledge of Tally Prime / Tally ERP

n- Working knowledge of GST and TDS

n- Good working knowledge of Microsoft Excel / Google Sheets

n- Experience with vendor reconciliation and purchase accounting

n- Good numerical accuracy and attention to detail

n- Strong documentation and follow-up discipline

n- Ability to coordinate with vendors and internal teams

n- Basic communication skills in English and Hindi; Kannada is an advantage

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nExperience & Qualifications

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n- 2–4 years of relevant accounting experience

n- B.Com / M.Com or equivalent qualification preferred

n- Experience in furniture, home interiors, manufacturing, modular furniture, construction, or other project-based businesses will be strongly preferred

n- Experience working in a factory or procurement-heavy environment is an advantage

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nIdeal Candidate

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nWe are looking for someone who:

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n- Is hands-on and comfortable with day-to-day accounting

n- Is organized and disciplined with bills, vouchers, and documentation

n- Can independently handle vendor reconciliations and routine accounting

n- Is comfortable working from a factory environment

n- Follows up proactively instead of waiting for instructions

n- Understands the importance of project-wise cost tracking

n- Can grow into a larger finance and accounting role over time

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nWork Location

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nCheemasandra, Bangalore

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nThis is a full-time Work From Factory position.

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nCandidates living nearby or willing to commute/relocate to the Cheemasandra area will be preferred.

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📌 Accounts Executive - Factory Operations (Bengaluru)
🏢 Magical Nest
📍 Bengaluru