Assistant Senior Accountant / Accountant II

Company: Pioneer Chemical Industries (P) Limited

Location: Mumbai

Department: Accounts & Finance

Reporting To: Finance Manager / Management

Experience: 4–7 years

Employment Type: Full-time

Compensation: Salary of 3,00,000 to 3,60,000 per annum, depending on experience and capability.

About the Role

We are looking for an experienced Accountant for a mid-sized trading company. The candidate should have strong practical accounting knowledge and experience in Tally Prime, reconciliations, ledger scrutiny, finalization of accounts and audit coordination.

This is not a data-entry-only position. The candidate should be capable of understanding accounting transactions, reviewing books, identifying discrepancies, preparing schedules and supporting the management and auditors in the finalization of accounts.

The candidate will work closely with the management, internal team, statutory auditors, tax consultants, customers, suppliers and banks.

Key Responsibilities

1. Complete Accounting Operations

- Independently handle day-to-day accounting activities in Tally Prime.
- Record and verify purchase, sales, receipt, payment, journal and expense transactions.
- Ensure correct accounting classification and supporting documentation for transactions.
- Scrutinize ledgers periodically and identify incorrect, incomplete or unusual entries.
- Ensure books are maintained accurately and on a timely basis.
- Maintain proper documentation and filing of accounting records.

2. Trading Company Accounting

- Handle accounting related to purchase and sale of goods, including purchase invoices, sales invoices, credit/debit notes and related expenses.
- Maintain and reconcile customer and supplier accounts.
- Monitor outstanding receivables and payables.
- Reconcile supplier statements with company books.
- Assist in accounting and reconciliation of stock/inventory and trading margins.
- Coordinate with the purchase, sales and logistics teams to resolve accounting discrepancies.
- Verify freight, transportation, clearing, forwarding and other costs wherever applicable.
- Ensure proper accounting of landed costs and other costs associated with purchases, wherever relevant.

3. Bank & Ledger Reconciliations

- Prepare regular bank reconciliations.
- Conduct customer and supplier ledger reconciliations.
- Reconcile advances, deposits and other balance-sheet accounts.
- Investigate and resolve long-pending reconciling items.
- Scrutinize major ledger balances and highlight discrepancies to management.

4. Finalization of Accounts Take an active role in the monthly and annual closing of accounts, including:

- Preparation and review of Trial Balance.
- Ledger scrutiny.
- Provision and adjustment entries.




- Outstanding expense calculations.
- Prepaid expense accounting.
- Depreciation and fixed asset schedules.
- Receivables and payables schedules.
- Advances and deposits reconciliation.
- Bank reconciliation.
- Related-party / inter-company reconciliation wherever applicable.
- Stock and inventory reconciliation.
- Preparation of supporting schedules required for finalization.
- Assisting in preparation/review of Profit & Loss Account and Balance Sheet.
- Identifying accounting issues before accounts are submitted for finalization.

The candidate should be able to work with the auditor/CA on finalization rather than simply handing over the books to them. 5. Audit Coordination

- Act as the primary accounts-team coordinator with the statutory auditor / CA firm.
- Prepare audit schedules, ledgers and supporting documentation.
- Provide explanations and supporting documents for audit queries.
- Track outstanding audit requirements and ensure timely submission.
- Coordinate internally to obtain information required by auditors.
- Assist in resolving audit observations and passing required adjustment entries.
- Maintain proper records of audit queries and responses.

6. GST, TDS & Statutory Compliance Support

- Prepare accounting data and reconciliations required for GST and TDS compliance.
- Reconcile GSTR-related data with books, wherever applicable.
- Verify purchase and sales data for GST-related discrepancies.
- Coordinate with tax consultants for GST/TDS matters.
- Provide information and schedules required for statutory and tax filings.
- Monitor statutory accounting-related deadlines and follow up with consultants.

7. Receivables & Payables

- Maintain accurate customer and supplier outstanding statements.
- Conduct periodic ageing analysis.
- Follow up internally for resolution of disputed balances.
- Coordinate with the sales team regarding customer ledger discrepancies.
- Coordinate with purchase/logistics teams regarding supplier discrepancies.
- Highlight overdue or unusual balances to management.

8. MIS & Management Reporting Prepare periodic reports for management covering, as required:

- Receivables ageing.
- Payables ageing.
- Customer outstanding.
- Supplier outstanding.
- Bank balances.
- Cash position.
- Purchase and sales summaries.
- Gross margin / trading margin.
- Expenses.
- Stock position.
- Other accounting and financial information required by management.





9. Team & Process Responsibilities

- Supervise and review the work of junior accounting staff, where applicable.
- Allocate routine accounting activities and ensure timely completion.
- Review entries made by junior team members.
- Establish proper documentation and accounting procedures.
- Ensure that accounting records are updated regularly rather than accumulated until year-end.
- Identify opportunities to improve accounting processes and controls.

Qualifications

- B.Com / M.Com / CA Inter / equivalent accounting qualification preferred.
- 4–7 years of relevant accounting experience, preferably in a trading, distribution or import/export company.
- Robust working knowledge of Tally Prime.
- Positive working knowledge of MS Excel.
- Sound knowledge of accounting principles and financial statement preparation.
- Practical experience in finalization of accounts and statutory audit coordination.
- Working knowledge of GST and TDS.

Essential Skills The candidate should have:

- Strong understanding of accounting entries and their impact on financial statements.
- Ability to scrutinize ledgers independently.
- Good reconciliation skills.
- Practical knowledge of year-end closing.
- Ability to prepare audit schedules and supporting workings.
- Ability to communicate and coordinate effectively with auditors and consultants.
- Good attention to detail.
- Strong follow-up skills.
- Ability to work independently and meet deadlines.

Candidate Profile We are specifically looking for someone who is more than a Tally operator/data-entry accountant.

The ideal candidate should be able to:

Enter → Review → Reconcile → Identify discrepancies → Correct → Prepare schedules → Assist in finalization → Coordinate with auditors.

A candidate who has only experience in entering invoices, receipts and payments in Tally, without practical exposure to ledger scrutiny, reconciliations, finalization and audit coordination, would not be suitable for this position.

Key Performance Indicators

Performance will be evaluated on:

- Accuracy and timeliness of accounting.
- Timely completion of bank, customer and supplier reconciliations.
- Reduction of unresolved ledger discrepancies.
- Timely preparation of monthly/annual closing schedules.
- Quality and completeness of audit documentation.
- Timely response to auditor and consultant requirements.
- Accuracy of receivable/payable reporting.
- Timely identification and escalation of accounting issues.

Candidates with strong practical experience in finalization of accounts, audit coordination and trading-company accounting will be given preference. Pay: ₹300,000.00 - ₹360,000.00 per year

Work Location: In person

📌 Assistant Senior Accountant / Accountant II (Andheri East)
🏢 Pioneer Chemical Industries (P
📍 Andheri East