03 Nov
|
Muktaa Wellness
|
India
03 Nov
Muktaa Wellness
India
- Revenue Tracking for Diverse Streams:
- Reconcile income from multiple channels, including membership subscriptions, drop-in class fees, retail product sales (supplements, oils, apparel), package deals, and service bookings (massages, therapy sessions).
- Track deferred revenue for multi-class passes, annual memberships, or gift cards that are paid upfront but earned over time as services are rendered. [1]
- Payroll and Commission Management:
- Process complex staff compensation structures, which often combine base salaries with instructor/therapist commissions, class-per-head bonuses, or contractor payments for visiting practitioners.
- Handle statutory deductions, employee advantages, and local labor compliance. [1, 2]
- Inventory and Cost of Goods Sold (COGS) Tracking:
- Monitor inventory levels for retail items (skincare, wellness products, gear) and supplies (oils, towels, room amenities) to prevent shrinkage or overstocking.
- Calculate gross profit margins on retail sales versus high-margin service offerings.
- Expense Tracking and Facility Overhead:
- Manage accounts payable for equipment leases, utility costs (water, heating for saunas/pools, electricity), facility maintenance, and specialized insurance.
- Monitor variable costs tied to customer volume. [1, 2, 3]
- Financial Reporting and Cash Flow Monitoring:
- Prepare monthly profit and loss (P&L;) statements, balance sheets, and cash flow forecasts to help owners understand peak/off-peak seasonal revenue dips.
- Evaluate the profitability of specific classes, treatments, or programs to cut underperforming offerings. [1, 2, 3]
- Tax Compliance and Statutory Filings:
- Ensure accurate calculation and filing of local indirect taxes (such as GST in India or local sales tax on retail and services), income tax, and regulatory compliance. [1, 2, 3]
Pay: ₹30,000.00 - ₹35,000.00 per month
Work Location: In person
📌 Accountant with Advance excel skills requires a job (India)
🏢 Muktaa Wellness
📍 India