Job Summary The Senior Executive -F&A; will manage end-to-end accounting, taxation, and compliance activities for an FMCG business. The role requires hands-on expertise in accounting operations, GST & TDS calculations, statutory compliance, distributor accounting, and financial reporting, ensuring accuracy, timeliness, and adherence to Indian regulations.

Key Responsibilities

Accounting & Financial Operations

- Maintain books of accounts in compliance with Indian Accounting Standards (Ind AS)
- Handle day-to-day accounting, journal entries, ledger scrutiny, and reconciliations
- Prepare monthly, quarterly, and annual financial statements
- Ensure timely month-end and year-end closures
- Review and control expenses, provisions, and accruals

GST Calculation, Compliance & Reporting

- Calculate GST liability on sales, schemes, discounts, and credit/debit notes
- Compute eligible Input Tax Credit (ITC) and perform reversals as per GST provisions
- Pass accurate GST accounting entries in ERP/Tally
- Prepare and file GSTR-1, GSTR-3B, and perform GSTR-2B vs books reconciliation
- Calculate interest, late fees, and reversals, where applicable
- Handle multi-state GST registrations, inter-state transactions, and e-way bill compliance
- Manage GST implications for trade promotions, distributor incentives, freight, and logistics costs
- Coordinate with consultants and handle GST audits, notices, and assessments

TDS Calculation & Income Tax Compliance

- Calculate TDS deductions under relevant sections (194C, 194J, 194H, 194I, 192, etc.)
- Identify correct TDS rates based on vendor category and payment nature
- Ensure accurate TDS accounting entries and timely tax deposits
- Prepare and file quarterly TDS returns (24Q, 26Q)




- Calculate interest and late fees for delays or defaults, if any
- Issue Form 16 / Form 16A within statutory timelines
- Manage lower / nil deduction certificates and related compliance
- Respond to TDS notices and reconciliations

FMCG Commercial & Distributor Accounting

- Accounting of sales, distributor margins, incentives, and trade schemes
- Reconciliation of distributor, customer, and channel partner accounts
- Processing of credit notes and claims related to schemes and promotions
- Monitor trade spends and ensure proper accounting treatment

Reporting, Audit & Support

- Prepare MIS reports for management on sales, margins, expenses, and profitability
- Support statutory, tax, and internal audits and closure of audit observations
- Coordinate with banks, auditors, and consultants
- Assist in ERP/system improvements and process automation

Key Performance Indicators (KPIs)

- Timely and accurate book closures
- 100% compliance in GST & TDS calculations and filings
- Zero penalties, interest, or adverse audit remarks
- Accuracy in distributor and customer reconciliations
- Timely submission of MIS and statutory reports

Qualifications & Experience

Education

- B.Com / M.Com (Mandatory)
- CA Inter / CMA Inter preferred

Experience

- 7-10 years of relevant experience in Accounts & Finance
- Mandatory exposure to FMCG / Consumer Goods / Manufacturing
- Solid hands-on experience in GST & TDS calculations and compliance

Skills & Competencies

- In-depth knowledge of GST, TDS, and Indian taxation laws
- Proficiency in Tally / SAP / Oracle / ZOHO / ERP systems
- Advanced Excel skills
- Strong analytical and problem-solving abilities
- High attention to detail and deadline orientation
- Effective communication and stakeholder coordination Role & responsibilities

📌 Senior Executive - Account & Finance (Mumbai)
🏢 Globe Grocer Food
📍 Mumbai