Position: Senior Accountant

Department: Finance

Reporting: CEO

Location of work: India-based, with regular coordination with the UAE office (open: city and travel frequency)

Role Summary The Senior Accountant runs the complete finance function for both companies and acts as the finance lead. The role covers day-to-day accounting, compliance in India and the UAE, cash flow, budgeting and management reporting.

1. Accounting and Books

- Maintain complete, up-to-date books for both entities in the company's accounting software (Tally / Zoho / similar).
- Record sales, purchases, expenses, payroll and inter-company transactions between India and UAE.
- Complete month-end closing by the 7th of the following month, including bank, vendor &customer; reconciliations.
- Maintain the fixed asset register, including demo and loaner equipment placed at hospitals.
- Track inventory valuation, consignment stock and stock held with hospitals or sub-distributors.

2.Receivables and Payables

- Raise invoices on time and follow up on collections from hospitals, hospital groups and distributors.
- Maintain a weekly receivables ageing report and escalate overdue accounts to sales and the Managing Director.
- Reconcile customer payments, credit notes and tender or rate-contract pricing.
- Process supplier payments to principals (including foreign currency payments) as per agreed terms and approvals.

3.Cash Flow

- Prepare a 13-week rolling cash flow forecast for each entity, updated weekly.
- Manage bank accounts, payment approvals and day-to-day banking coordination.
- Monitor foreign exchange exposure on USD, EUR and AED payments and flag significant movements.
- Track funds movement between India and UAE and keep the related documentation in order.

4.Tax and statutory compliance – India

- GST: monthly and annual returns, e-invoicing, e-way bills, input credit reconciliation.
- TDS / TCS deduction, deposit and quarterly returns.




- Payroll compliance: PF, ESI, professional tax.
- Support ROC / MCA filings with the company secretary.
- Import compliance: customs duty, IEC and related documentation for medical devices.

5.Tax and statutory compliance – UAE

- VAT returns and VAT record keeping.
- UAE Corporate Tax registration, records and annual return.
- WPS payroll processing and end-of-service gratuity provisioning.
- Trade license renewals and related government fee tracking (with admin team).

6.Budgeting and management reporting

- Prepare the annual budget for each entity with the Managing Director and department heads.
- Deliver a monthly MIS pack: P&L;, balance sheet, cash position, budget vs actual and key variances.
- Report profitability by product line (ENT, Orthopedics, Spine, Gynecology, Urology, Sleep Diagnostics), principal and customer.
- Prepare consolidated group view across India and UAE.

7.Costing, pricing and commercial support

- Calculate landed cost for imported products, including freight, duty and clearing charges.
- Support pricing for tenders, quotations and rate contracts with margin analysis.
- Review commercial terms in distributor, principal and customer agreements from a finance angle.
- Evaluate cost of new hires, new product lines and partnerships before approval.

8.Audit, controls and governance

- Coordinate statutory audit, tax audit and any principal-required audits; prepare schedules and close audit points.
- Set up and maintain approval matrices, expense policies and petty cash controls.




- Ensure documentation for every payment and maintain a clean audit trail.
- Keep the Managing Director informed of compliance deadlines through a statutory calendar.

9.Stakeholder coordination

- Act as the main contact for external accountants, auditors, tax consultants and banks.
- Support finance aspects of joint ventures, MOUs and new entity setup.

Work with HR on payroll, salary structures and employee reimbursements

Qualifications and experience

Required

- CA Inter / CMA Inter, or M.Com / MBA (Finance) with strong accounting grounding.
- 5–8 years in accounts and finance, with at least 2 years running the full accounting cycle for a company independently.
- Hands-on experience with Indian GST, TDS and payroll compliance.
- Working knowledge of UAE VAT and Corporate Tax, or transparent willingness to learn quickly.
- Experience in a trading, distribution or import-led business.

Preferred

- Qualified CA / CMA or ACCA.
- Experience in medical devices, pharma or healthcare distribution.
- Exposure to multi-entity or cross-border (India–GCC) accounts and consolidation.
- Experience handling hospital receivables, tenders and rate contracts.

Skills and competencies

- Strong command of accounting software (Tally Prime, Zoho Books or similar) and advanced Excel.
- Ability to build a cash flow forecast, budget and MIS pack from scratch.
- High integrity and discretion with salary, banking and company financial data.
- Organised and deadline-driven; owns the statutory calendar without reminders.
- Clear communicator who can explain numbers to non-finance colleagues and push sales teams on collections.
- Comfortable working in a lean team where the person both plans and executes

Fluent in English

- To Apply: Send your CV: [email protected] with the subject – “Senior Accountant ”

📌 Senior Accountant (Bengaluru)
🏢 Medworks Medical
📍 Bengaluru