Roles and Responsibilities of a Senior Accounts Executive
A Senior Accounts Executive is responsible for managing an organization's financial records, ensuring compliance with accounting standards, and supporting financial decision-making.
1. Financial Accounting
- Maintain accurate accounting records and financial transactions.
- Prepare journal entries, ledgers, and account reconciliations.
- Ensure proper recording of income, expenses, assets, and liabilities.
- Monitor general ledger activities and resolve discrepancies.
2. Accounts Payable & Receivable
- Manage vendor payments and customer collections.
- Verify invoices, purchase orders, and payment requests.
- Monitor outstanding receivables and follow up on overdue payments.
- Reconcile customer and supplier accounts regularly.
3. Financial Reporting
- Prepare monthly, quarterly, and annual financial reports.
- Assist in the preparation of balance sheets, profit & loss statements, and cash flow reports.
- Analyze financial data and provide management with insights.
- Support budgeting and forecasting activities.
4. Taxation & Compliance
- Ensure compliance with tax regulations and statutory requirements.
- Prepare and file GST, TDS, VAT, Income Tax or other applicable tax returns.
- Coordinate with auditors during internal and external audits.
- Maintain records required for regulatory inspections.
5. Bank & Cash Management
- Perform bank reconciliations.
- Monitor cash flow and liquidity positions.
- Manage petty cash and corporate banking transactions.
- Ensure timely payments and receipts.
6. Budgeting & Cost Control
- Assist in preparing annual budgets and financial forecasts.
- Monitor departmental expenses against budgets.
- Identify cost-saving opportunities and process improvements.
- Support financial planning initiatives.
7. Audit Support
- Prepare schedules and documentation for audits.
- Respond to auditor queries and provide required information.
- Ensure compliance with accounting policies and internal controls.
8. Team Coordination
- Supervise junior accountants and accounts assistants.
- Review accounting entries and financial records.
- Provide guidance on accounting procedures and best practices.
Key Skills Required
- Financial accounting and bookkeeping
- Knowledge of GST, TDS, Income Tax and other tax regulations
- Financial reporting and analysis
- Bank reconciliation and cash management
- Proficiency in ERP systems ( Tally)
- Advanced Excel skills
- Attention to detail and accuracy
- Communication and leadership skills
Pay: ₹28,000.00 - ₹45,000.00 per month
Education:
- Bachelor's (Preferred)
Experience:
- Hospitality: 6 years (Preferred)
- GST: 3 years (Preferred)
- TDS: 3 years (Preferred)
- INCOME TAX: 3 years (Preferred)
- EPF: 3 years (Preferred)
- PT: 3 years (Preferred)
- ESIC: 3 years (Preferred)