Accounts Executive

Location: Kalyan Nagar, BengaluruRole Overview:To manage day-to-day accounting operations, ensure accurate and timely accounting entries, support statutory compliance, reconciliations, vendor payments, budgeting, and assist in the preparation of financial and management reports.Key Responsibilities1.

Accounting & Bookkeeping· Record day-to-day accounting transactions in Tally.· Prepare and post journal entries, payment entries, receipt entries, purchase and sales entries.· Maintain accurate books of accounts and supporting documentation.· Ensure proper ledger classification and accounting treatment.· Review and reconcile subsidiary ledgers with the general ledger.2. Accounts Payable & Vendor Management· Verify vendor invoices with supporting documents and approvals.· Check GST, TDS and other applicable statutory requirements on invoices.· Prepare vendor payment statements and payment proposals.· Reconcile vendor accounts and follow up on outstanding balances.· Ensure timely processing of vendor payments.3. Accounts Receivable & Collections· Record and reconcile customer/student receipts.· Monitor outstanding receivables and prepare ageing reports.· Follow up with concerned teams for collection-related issues.· Perform customer/student ledger reconciliations.4. Bank & Ledger Reconciliation· Prepare monthly bank reconciliations.· Identify and resolve unreconciled transactions.· Perform inter-company and inter-unit reconciliations.· Reconcile major balance sheet and income statement ledgers.5. GST & TDS Compliance Support· Assist in GST reconciliation and return preparation.· Verify input tax credit and reconcile purchase data with GST records.· Assist with TDS calculations, deductions and reconciliations.· Support preparation of TDS returns such as 24Q and 26Q.· Ensure proper accounting of RCM transactions wherever applicable.6. Budgeting & Financial Planning· Assist in preparation of annual budgets.· Collect and consolidate budget requirements from different departments/cost centres.· Track actual expenditure against approved budgets.· Prepare budget vs. actual variance reports.· Highlight significant variances and support the Finance Manager in analysing the reasons.· Assist in preparing periodic forecasts and financial projections.7. Month-End & Year-End Closing· Assist in monthly closing activities.· Prepare provisions, accruals and adjustment entries.· Ensure all income and expenses are accounted for in the correct period.· Support year-end closing and finalisation of accounts.8. MIS & Reporting· Prepare regular MIS reports as required by management.· Prepare ageing reports, expense reports, budget vs. actual reports and reconciliation statements.· Provide accounting data and analysis to the Finance Manager.· Support budgeting, forecasting and variance analysis.9. Audit & Statutory Requirements· Provide required documents and schedules for statutory, internal and tax audits.· Coordinate with auditors for routine information and clarifications.· Maintain proper documentation and audit trails.· Assist in resolving audit observations.10. Documentation & Internal Controls· Maintain proper accounting records and supporting documents.· Follow established finance policies and approval processes.· Ensure compliance with internal controls and accounting procedures.· Identify discrepancies and report them to the reporting manager.Required SkillsGood knowledge of accounting principles and bookkeeping.Strong knowledge of Tally Prime.Working knowledge of GST and TDS.Good understanding of bank, vendor and ledger reconciliation.Good knowledge of MS Excel, including basic reporting and data analysis.Basic understanding of budgeting and variance analysis.Ability to analyse accounting data and identify discrepancies.Good communication and coordination skills.Strong attention to detail and accuracy.Ability to meet deadlines and manage multiple tasks.Educational Qualification· B.Com / M.Com / MBA Finance or equivalent qualification.· CA Inter / CMA Inter qualification would be an added advantage.Experience2–5 years of relevant experience in accounting and finance.Experience in education, services, or multi-entity organisations would be an advantage.