Job Title: Accountant - Royal Enfield Dealership

Location : Medical Square, Nagpur Experience : 2-5 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: ₹20,000.00 - ₹35,000.00 per month

Work Location: In person

📌 Accountant (Nagpur)
🏢 Divyansh Riders
📍 Nagpur