Job Summary

We are looking for an experienced Senior Accountant to manage accounting operations, financial reporting, cost accounting, statutory compliance, and inventory accounting for our manufacturing company in Goa.

The ideal candidate should have strong knowledge of accounting principles, GST, TDS, manufacturing costing, and financial controls, along with the ability to work independently and coordinate with production, purchase, stores, and other departments.

Key Responsibilities1. Accounting and Financial Reporting

- Manage day-to-day accounting operations, including journal entries, ledger maintenance, and bank reconciliations.
- Prepare monthly, quarterly, and annual financial statements.
- Ensure accurate recording of revenue, expenses, assets, and liabilities.
- Perform monthly closing activities and ensure timely submission of financial reports.
- Maintain fixed asset registers and calculate depreciation.

2. Cost Accounting and Manufacturing Finance

- Monitor raw material, work-in-progress (WIP), and finished goods inventory.
- Calculate and analyse product costs, including material, labour, and overheads.
- Monitor manufacturing expenses and identify cost variances.
- Prepare production cost reports and support cost reduction initiatives.
- Coordinate with production and stores teams for stock reconciliation and physical inventory verification.
- Monitor material consumption, scrap, wastage, and inventory valuation.

3. GST and Statutory Compliance

- Ensure timely preparation and filing of GST returns, including GSTR-1 and GSTR-3B.
- Reconcile GST input tax credit with purchase records and GSTR-2B.
- Manage TDS calculations, payments, and return filings.




- Coordinate statutory audits, tax audits, and internal audits.
- Ensure compliance with applicable accounting standards and statutory requirements.

4. Accounts Payable and Receivable

- Monitor vendor payments and customer collections.
- Verify purchase invoices, expense claims, and supporting documents.
- Reconcile vendor and customer accounts.
- Monitor outstanding receivables and payables and resolve discrepancies.

5. Budgeting and Internal Controls

- Assist in preparation of budgets, cash flow forecasts, and financial projections.
- Monitor actual expenses against budgets.
- Implement and maintain internal financial controls.
- Identify accounting discrepancies and recommend corrective actions.

Qualifications and Experience

- B.Com / M.Com / CA Inter / CMA Inter or equivalent qualification.
- 5–8 years of relevant accounting experience, preferably in a manufacturing company.
- Strong knowledge of Indian accounting standards, GST, TDS, and statutory compliance.
- Experience in inventory accounting, manufacturing costing, and financial reporting.
- Proficiency in MS Excel and accounting software such as Tally, SAP, or ERP systems.
- Valuable analytical, communication, and problem-solving skills.

Key Performance Indicators (KPIs)

- Timely completion of monthly financial closing.
- Accuracy of financial statements and cost reports.
- Timely GST and TDS compliance.
- Accuracy of inventory valuation and stock reconciliation.
- Reduction in accounting errors and audit observations.
- Timely vendor payments and customer collection reporting.

Pay: ₹20,000.00 - ₹50,000.00 per month

Work Location: In person

📌 Senior Accounts Executive (Vasco da Gama)
🏢 TARGET INNOVATIONS
📍 Vasco da Gama