Senior Accounts Associate (Bengaluru)

Senior Accounts Associate (Bengaluru)

08 Oct
|
Material Depot
|
Bengaluru

08 Oct

Material Depot

Bengaluru

About Material Depot

Material Depot is building the Ultimate Home Decor Destination - redefining how India shops for interiors - tiles, laminates, wall decor, and more. Our online catalogue enables us to understand design trends in real time and work directly with manufacturers to launch recent collections at speed something the traditional supply chain can't match. By cutting out middlemen, we deliver significantly better prices and consistent, standardized service across every order.

Trusted by 10,000+ homes, Material Depot is transforming a ₹100,000 crore industry-making premium interiors faster, smarter, and more accessible than ever before.

Some stats about us:

● We're one of the largest retailers of home interior goods in Bangalore working with over 1000+ top designers and architects.

● Even as a 3-year-old company, we have been profitable with a scale of ~$5M annualized revenue

● We are backed by Accel, Stellaris, and other global investors. We have raised about $10M as part of the Series A round.

Job description:

Key Responsibilities:

- Manage Accounts Payable (AP) including vendor invoices, debit/credit notes, vendor reconciliations and payment-related accounting.
- Manage Accounts Receivable (AR) including customer ledger reconciliation, collections accounting, credit notes and outstanding follow-up.
- Review General Ledger (GL)



and ensure accuracy, completeness and correct accounting classification.
- Perform bank, vendor, customer and balance sheet reconciliations and resolve open items on a timely basis.
- Support monthly book closure, including provisions, accruals, prepaid expenses and other closing entries.
- Manage and ensure timely GST compliance, including GSTR-1, GSTR-3B, GSTR-2B reconciliation, e-invoicing and e-way bill requirements.
- Manage TDS compliance, including monthly workings, payments, returns and reconciliation.
- Coordinate with business, procurement, stores and operations teams to resolve accounting and transaction-related issues.
- Support statutory, internal and tax audits by providing required schedules and documentation.
- Ensure proper documentation, controls and compliance with accounting policies and processes.
- Work on Zoho Books/Zoho Inventory, Excel and other finance systems and support process improvements/automation.

Non-Negotiable skills - Experience in AR, AP, GL, TDS, GST, ZOHO Books

Benefits:

- Health insurance
- Paid sick time
- Provident Fund

Work Location: In person

Pay: ₹600,000.00 - ₹700,000.00 per year

Benefits:

- Health insurance
- Leave encashment
- Paid time off
- Provident Fund

Work Location: In person

📌 Senior Accounts Associate (Bengaluru)
🏢 Material Depot
📍 Bengaluru

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