Job Description

Job Title -

Accountant Industry -

IT Services / Web Software Development Location -

Mumbai, Maharashtra Employment Type -

Full-time Experience Required -

3–5 Years Reporting To -

Senior Accountant / Finance Manager

Job Purpose The Accountant will handle day-to-day accounting operations, maintain accurate financial records, and support statutory compliance under the guidance of senior finance staff. The role requires working knowledge of service-industry accounting — client billing, revenue recognition, and reconciliations — ideally within an IT services, software development, or SaaS environment.

Key Responsibilities General Accounting & Bookkeeping •

Handle day-to-day accounting entries and assist with monthly book closure •

Pass journal entries — provisions, accruals, prepayments, and adjustments •

Process accounts payable, accounts receivable, and bank & cash accounting •

Assist in preparing monthly financial reports Service Accounting & Billing •

Prepare and track client invoices for time & material, fixed-price, and retainer engagements •

Assist with revenue recognition, including unbilled/accrued revenue on ongoing projects •

Track project-wise billing status and follow up on milestones due for invoicing •

Coordinate with project managers and delivery teams on billing and cost inputs •

Assist with invoicing and collections for export/overseas clients, including forex-related entries Accounting Software •

Working knowledge of Tally / Tally Prime, Zoho Books, or QuickBooks •





Extract ledger and basic MIS reports; ERP exposure is an added advantage •

Good working knowledge of Excel — Pivot Tables, VLOOKUP/XLOOKUP GST & Taxation •

Assist with GST accounting on services (SAC codes), GSTR-1, GSTR-3B, and GSTR-2B reconciliation •

Support documentation for export of services / zero-rated supplies and LUT compliance •

Support Input Tax Credit reconciliation •

Assist in TDS computation, deduction, and filing •

Coordinate with tax consultants and auditors as needed Reconciliations & Controls •

Perform bank, vendor, and customer reconciliations •

Reconcile foreign currency receipts and forex gain/loss entries, where applicable •

Support GST reconciliation and resolve basic accounting discrepancies •

Assist in reconciling balance sheet schedules Audit & Compliance •

Support statutory, tax, and internal audits with required data and schedules •

Prepare audit schedules and supporting documentation •

Assist with month-end and year-end closing activities MIS & Reporting •

Assist in preparing monthly MIS — receivables ageing, cash flow, and revenue-by-client reports •

Support analysis of project profitability and expenses •





Report on billing and collection status as required Team & Cross-functional Coordination •

Coordinate with delivery, project management, sales, HR, and admin teams •

Support senior accounting staff and management with accurate, timely data

Technical Skills Required •

Working knowledge of Tally / Tally Prime, Zoho Books, or QuickBooks; ERP exposure preferred •

Good MS Excel and basic MIS reporting skills •

Working knowledge of GST (including export of services), TDS, and statutory compliance •

Basic understanding of service/project-based revenue recognition and billing

Educational Qualification •

B.Com / M.Com / CA Inter or an equivalent accounting qualification

Preferred Industry Experience •

IT services or software development companies •

SaaS or web/technology product companies •

Other professional or knowledge-services businesses

Soft Skills •

Positive analytical and reconciliation ability •

Attention to detail and accuracy •

Good communication and cross-functional coordination skills •

Ability to manage deadlines and work with moderate supervision

Key Performance Indicators (KPIs) •

Timeliness and accuracy of assigned book closure and MIS tasks •

Accuracy and turnaround of reconciliations (bank, vendor, GST) •

Timely, error-free client billing and revenue recognition •

Timely support for GST/TDS filing with minimal errors •

Audit observations closed within agreed timelines

Salary / CTC As per industry standards / to be discussed

📌 Accountant (Mumbai)
🏢 Yodaplus
📍 Mumbai