Job Title: Accountant – Royal Enfield Dealership

Location: Medical Square, Nagpur

Experience: 7-10 Years (Dealership experience preferred)

Qualification: B.Com / M.Com / CA Inter

Job Summary:

The Accountant will manage end-to-end financial operations of the Royal Enfield dealership including vehicle billing, OEM reconciliation, inventory funding (CC/OD), GST compliance, and coordination with sales, service, and finance partners. The role demands robust control over high-value vehicle inventory and scheme-based accounting.

Key Responsibilities:

1. Vehicle Sales Accounting & Billing

- Handle billing of motorcycles, accessories, and merchandise as per OEM guidelines
- Ensure proper accounting of:
- Retail (cash & finance cases)
- Exchange bonus / loyalty schemes
- Insurance & registration charges
- Reconcile daily sales with DMS and physical deliveries
- Ensure correct invoicing with GST and e-invoicing compliance

2. OEM (Royal Enfield) Reconciliation

- Reconcile vehicle purchases with OEM invoices and dispatch records
- Track and account for:
- Dealer margins
- Incentives / schemes / backend discounts
- Credit notes issued by OEM
- Ensure timely accounting of debit/credit notes from Royal Enfield

3. Inventory & Stock Control (High Priority Area)

- Maintain accurate records of:
- Vehicle stock (model-wise, VIN/chassis-wise)
- Spare parts and accessories
- Perform regular stock reconciliation between:
- Physical stock
- DMS
- Books of accounts
- Track in-transit vehicles and pending GRNs
- Monitor ageing stock and slow-moving inventory

4. Inventory Funding & Banking (Critical Function)

- Handle CC/OD or Inventory Funding accounts with banks (e.g. HDFC Bank, ICICI Bank)
- Ensure:
- Timely stock statements submission
- Drawing power calculation
- Interest calculation and reconciliation
- Track vehicle funding against stock and ensure closure upon retail sale
- Coordinate with bank auditors and stock auditors

5. Finance & Receivables Management





- Coordinate with finance partners (NBFCs/Banks) for loan cases
- Track pending disbursements and ensure timely receipts
- Reconcile finance payouts with billed vehicles
- Monitor customer advances and adjust against invoices

6. GST & Statutory Compliance

- Handle GST compliance including:
- GSTR-1, GSTR-3B filing
- Input tax credit reconciliation (especially for vehicles & parts)
- Manage e-invoicing, e-way bills for vehicle movement
- Assist in internal, statutory, and GST audits

7. Vendor & Payables Management

- Process vendor invoices:
- OEM (Royal Enfield)
- Spare parts suppliers
- Local expenses
- Maintain payable schedules and ensure timely payments
- Reconcile vendor ledgers and statements

8. Service & Workshop Accounting

- Account for job cards, service billing, and spare parts consumption
- Reconcile workshop revenue with DMS
- Monitor warranty claims and reimbursements from OEM

9. MIS & Reporting

- Prepare dealership-specific MIS reports:
- Daily retail & billing report
- Stock ageing report
- Fund utilization report
- Profitability (vehicle vs service vs spares)
- Provide insights to management for business decisions

10. Payroll & Expense Monitoring

- Process staff salaries, incentives (sales/service teams)
- Monitor showroom and workshop expenses
- Maintain petty cash and expense control

Key Skills Required:

- Strong knowledge of dealership accounting
- Experience with DMS Tally/Busy/ERP
- Understanding of inventory funding & stock audits
- GST compliance expertise
- Strong Excel & reconciliation skills

Preferred Experience:

- Experience in Royal Enfield or premium motorcycle dealership
- Familiarity with OEM processes, schemes & backend incentives

Key Performance Indicators (KPIs):

- Zero mismatch in vehicle stock vs books vs DMS
- Timely OEM reconciliation (no pending credit notes)
- Accurate inventory funding & bank compliance
- Timely GST filings with no notices
- Control over receivables & ageing stock

Pay: ₹35,000.00 - ₹50,000.00 per month

Work Location: In person

📌 Accountant (Nagpur)
🏢 Divyansh Riders
📍 Nagpur