Company: Kamal Watch Company Pvt. Ltd.

Location: Hyderabad

Openings: 2

Employment Type: Full time, permanent

CTC: ₹6–9 lakh per annum, depending on experience and suitability

Working Days: 6 days a week

About the Role

Kamal Watch Company Pvt. Ltd. is hiring two experienced accounting professionals for its Finance & Accounts team, covering accounts receivable, accounts payable and bank reconciliation.

Candidates must have handled accounting responsibilities in a business with annual turnover of at least ₹100 crore. A retail background, particularly with a multi-store business, is preferred.

Opening 1: Senior Accountant – Accounts Receivable & Bank Reconciliation

- Reconcile daily store collections across cash, cards, UPI, bank transfers and payment gateways.
- Match sales and customer receipts with bank credits, merchant settlements and ERP entries.
- Investigate and resolve short settlements, delayed credits, incorrect allocations and unreconciled transactions.
- Prepare bank reconciliation statements and clear outstanding items promptly.
- Reconcile customer ledgers, advances, refunds and outstanding receivables.
- Verify payment gateway deductions and bank charges.
- Coordinate with stores, banks and payment partners to resolve discrepancies.
- Maintain receivable ageing and report overdue balances and reconciliation exceptions.

Opening 2: Senior Accountant – Accounts Payable & Vendor Reconciliation

- Verify and account for supplier invoices, expense vouchers, debit notes and credit notes.
- Check supporting documents, approvals, ledger classification and applicable GST/TDS treatment.
- Reconcile supplier statements with company ledgers and resolve differences.
- Prepare payment schedules based on due dates, credit terms and approved priorities.
- Verify supplier advances,



outstanding invoices and payment allocations.
- Identify duplicate invoices, excess payments, missing entries and unadjusted balances.
- Coordinate with suppliers, purchase teams and internal departments to close pending issues.
- Maintain payable ageing and support bank reconciliation for vendor payments.

Common Responsibilities

- Maintain accurate accounting records and complete reconciliations within agreed timelines.
- Support month-end and year-end closing, ledger scrutiny and audits.
- Prepare reconciliation schedules with complete supporting documents.
- Review accounting entries and coordinate corrections.
- Prepare periodic MIS on outstanding balances, pending reconciliations and exceptions.
- Follow internal controls, approval processes and confidentiality requirements.

Qualifications and Experience

- B.Com / M.Com or an equivalent accounting qualification;
- Mandatory: Experience handling accounting responsibilities in a business with annual turnover of ₹100 crore or more.
- Preferred: Retail industry experience, especially across multiple stores or locations.
- Proven hands-on experience in accounts receivable, accounts payable and/or bank reconciliation.
- Ability to manage high transaction volumes and independently resolve reconciliation differences.
- Strong understanding of accounting principles, ledger scrutiny and internal controls.
- Working knowledge of GST and TDS relevant to accounting transactions.
- Strong Microsoft Excel skills, including PivotTables, lookup formulas and data reconciliation.
- Experience with ERP accounting systems; CW Suite experience is an advantage.
- Strong attention to detail, ownership, communication and follow-up skills.

Employment Details

- Two full-time, permanent openings.
- CTC: ₹6–9 lakh per annum.

- • Six-day working week.

📌 Senior Accountant – Accounts Receivable / Accounts Payable & Bank Reconciliation (Hyderabad)
🏢 Kamal Watch Co Pvt.Ltd
📍 Hyderabad