Key Responsibilities

1. Accounting &

- Bookkeeping

- Pass day-to-day accounting entries, including purchase invoices, expense bookings, journal entries, provisions, accruals and prepayments.

- Ensure accurate and timely recording of financial transactions in the accounting system.

- Perform ledger scrutiny, general ledger reconciliations and vendor balance confirmations.

- Assist in monthly book closures and preparation of schedules for financial reporting and audits.

- Maintain proper documentation and supporting for all accounting transactions.

2.

Vendor

Payments &

- Accounts Payable

- Verify vendor invoices, supporting documents, approvals, purchase orders and applicable tax deductions before processing payments.

- Prepare payment proposals and process vendor, employee reimbursement and other business payments within stipulated timelines.

- Ensure appropriate application of TDS and GST requirements while booking invoices and processing payments.

- Perform vendor ledger reconciliations and resolve outstanding items and discrepancies.

- Maintain an updated tracker of invoices received, payments due and overdue payables.

3. GST Compliance

- Review purchase invoices for GST accuracy, including GSTIN, tax rates and eligibility of Input Tax Credit (ITC).

- Reconcile purchase registers with GSTR-2B and identify discrepancies, missing invoices and ineligible ITC.

- Assist in preparation and filing of GST returns, including GSTR-1 and GSTR-3B, as applicable.

- Coordinate with vendors for missing invoices, amendments and GST-related discrepancies.

- Support GST reconciliations, assessments, departmental queries and statutory audits.

4. TDS &

- Other Statutory Compliance

- Identify applicable TDS sections and rates while booking invoices and processing payments.

- Ensure timely deduction, deposit and reconciliation of TDS.

- Assist in quarterly TDS return preparation and filing, including reconciliation with the books of accounts and Form 26AS/AIS, wherever applicable.





- Coordinate the issuance of TDS certificates and respond to vendor queries relating to tax deductions.

- Maintain compliance calendars and ensure timely completion of applicable statutory obligations.

5. Bank &

- Balance Sheet Reconciliations

- Perform bank reconciliations and investigate unreconciled transactions.

- Reconcile vendor, employee advance, expense and other relevant balance sheet accounts.

- Monitor outstanding advances, debit balances, old outstanding items and pending adjustments.

- Ensure timely resolution of reconciliation differences.

6. Audit &

- Documentation

- Provide supporting documents, schedules and reconciliations for statutory, internal and tax audits.

- Coordinate with auditors and consultants for routine accounting and compliance requirements.

- Maintain organised accounting records, invoices, payment proofs and statutory documentation.

- Assist in implementing internal financial controls and standard operating procedures.

Required Skills &

- Experience

- Graduate in Commerce, preferably B.Com, with 56 years of relevant experience in Finance &
- Accounts.

- Strong practical knowledge of accounting entries, vendor payments, GST and TDS compliances.

- Hands-on experience with accounting software/ERP systems such as Tally, SAP, Oracle or similar platforms.

- Valuable working knowledge of MS Excel, including reconciliations, lookups, pivot tables and data analysis.

- Strong attention to detail, numerical accuracy and documentation skills.

- Ability to manage multiple priorities, meet deadlines and coordinate effectively with internal teams, vendors and auditors.

- High level of integrity, ownership and accountability.

Preferred Candidate Profile

- Experience in a structured finance and accounts department, preferably in an NBFC, financial services or fintech organisation.

- Exposure to high-volume vendor payments, monthly book closure and statutory compliance processes.

- Ability to independently manage routine accounting and compliance activities with minimal supervision.

📌 Finance & Accounts Executive (Mumbai Suburban)
🏢 Bhanix
📍 Mumbai Suburban