SENIOR ACCOUNTANT

Department: Accounts & FinanceReporting to: Management / DirectorsLocation: Kolkata, West Bengal

1. Role Overview

We are looking for an experienced and responsible Senior Accountant to oversee the accounting operations of multiple private limited companies within our group. The individual will be responsible for maintaining accurate financial records, supervising the Junior Accountant, coordinating banking activities, monitoring statutory compliance and ensuring that all accounting transactions are properly documented and recorded.

The Senior Accountant will also be responsible for implementing and maintaining accounting procedures and internal financial controls across all group companies.

1. Key Responsibilities

A. Accounting & Bookkeeping
- Supervise and oversee day-to-day accounting operations across all group companies.
- Ensure accurate and timely recording of receipts, payments, journal entries, purchase entries and other financial transactions.
- Review accounting entries and supporting vouchers prepared by the Junior Accountant.
- Ensure proper ledger classification and maintenance of accounting records.
- Monitor outstanding receivables, payables and other financial obligations.
- Ensure timely bank, cash, ledger and inter-company reconciliations.
- Maintain proper documentation and supporting records for every financial transaction.

B. Banking & Treasury Operations
- Handle routine banking operations across the group’s bank accounts.
- Prepare payment instructions and banking transactions after obtaining management approval.
- Monitor bank balances, upcoming payments, loan repayments and interest obligations.
- Maintain records of fund transfers between group companies.
- Monitor cheque issuance, deposits, NEFT, RTGS and other banking transactions.
- Ensure that bank statements are regularly downloaded and reconciled with the books of accounts.
- Maintain a centralised record of banking activities across all companies.

C. Loan & Intercompany Accounting
- Maintain a comprehensive record of loans taken and advanced by group companies.
- Track loan disbursements, principal repayments, interest accruals and outstanding balances.
- Monitor repayment schedules and upcoming interest obligations.
- Maintain inter-company loan accounts and ensure corresponding entries are recorded in both entities.
- Prepare periodic loan outstanding statements and interest calculations.
- Highlight overdue repayments, discrepancies and upcoming financial commitments to management.

D. Statutory Compliance & Taxation
- Monitor due dates for GST, TDS, advance tax and other applicable statutory obligations.
- Coordinate with external Chartered Accountants and tax consultants for statutory filings.




- Ensure accounting records and supporting documents are available for tax filings and audits.
- Review GST and TDS reconciliations.
- Maintain records of challans, returns, acknowledgements and statutory correspondence.
- Track compliance deadlines and escalate potential delays to management.

E. Financial Reporting & Management Information
- Prepare monthly financial statements and management reports.
- Provide company-wise bank balance and cash position reports.
- Prepare monthly expense statements and outstanding liability reports.
- Provide loan outstanding and repayment schedules.
- Identify unusual transactions, accounting discrepancies and unexpected expenses.
- Present relevant financial information to management in a timely and understandable manner.

F. Tally & Accounting Data Management
- Oversee the maintenance of Tally accounting data for all group companies.
- Ensure that each company maintains its accounting records in the designated data location.
- Ensure regular backups and proper version control of accounting data.
- Prevent unauthorised changes, duplication or loss of accounting records.
- Maintain proper documentation of accounting corrections and adjustments.
- Coordinate with the Chartered Accountant to ensure consistency between office records and finalised accounts.

G. Supervision of Junior Accountant
- Allocate daily accounting responsibilities to the Junior Accountant.
- Review vouchers, ledger entries, bank reconciliations and supporting documentation.
- Ensure that routine accounting work is completed within prescribed timelines.
- Train and guide the Junior Accountant on accounting procedures and internal controls.
- Maintain a review mechanism to identify and correct errors.
- Ensure that the Junior Accountant follows established accounting policies and documentation procedures.

1. Internal Financial Controls & Accountability

The Senior Accountant will be responsible for ensuring adherence to the group’s accounting policies and internal financial control framework.

This includes

- No payment shall be executed without management approval.
- Every payment must have appropriate supporting documentation.
- Bank transactions must be recorded and reconciled promptly.
- Accounting entries must be supported by relevant vouchers and documents.
- All material discrepancies must be brought to management’s attention.
- Accounting data must be maintained in designated company folders with appropriate access controls.




- Changes to previously recorded transactions must be properly documented.
- The Senior Accountant must ensure that the Junior Accountant does not independently approve or execute financial transactions.

1. Daily, Weekly & Monthly Responsibilities

Daily
- Review and supervise accounting entries.
- Monitor banking transactions and available balances.
- Review payment documentation and execute approved payments.
- Ensure receipts and payments are recorded.
- Address outstanding accounting discrepancies.

Weekly
- Review bank reconciliations.
- Review outstanding receivables and payables.
- Monitor loan repayments and interest obligations.
- Review the Junior Accountant’s work.
- Update management on significant financial matters.

Monthly
- Complete monthly book closure.
- Prepare company-wise financial and banking reports.
- Reconcile inter-company balances.
- Prepare loan and interest statements.
- Review statutory compliance status.
- Submit monthly accounts and management reports to management.

1. Qualifications & Experience

- B.Com graduate or equivalent qualification in accounting.
- Minimum 5–7 years of relevant accounting experience.
- Experience handling accounts of multiple companies will be preferred.
- Strong working knowledge of Tally Prime.
- Good understanding of GST, TDS, Income Tax and statutory compliance.
- Experience in banking operations and bank reconciliation.
- Knowledge of inter-company transactions, loans and interest calculations.
- Proficiency in Microsoft Excel and other office productivity tools.

1. Desired Skills & Attributes

- Strong accounting knowledge and attention to detail.
- High degree of integrity and professional ethics.
- Ability to independently manage accounting operations.
- Good supervisory and organisational skills.
- Ability to identify discrepancies and financial irregularities.
- Solid documentation and reporting discipline.
- Ability to maintain confidentiality of financial information.
- Good communication and coordination skills.

1. Performance Expectations

The Senior Accountant will be evaluated on:
- Accuracy and completeness of accounting records.
- Timeliness of monthly account closures.
- Accuracy and frequency of bank reconciliations.
- Timely monitoring of statutory compliance.
- Accuracy of loan and interest records.
- Quality of supervision and review of the Junior Accountant.
- Adherence to internal financial controls.
- Timeliness and accuracy of management reporting.
- Proper maintenance and security of accounting data.

The Senior Accountant is expected to take ownership of the accounting function while ensuring transparency, accountability and discipline across all group companies. Pay: ₹20,000.00 - ₹30,000.00 per month

Work Location: In person

📌 Senior accountant (Indrani Park & Water Body)
🏢 Madhuban Vanijya Private
📍 Indrani Park & Water Body