Senior Accounting & Finance Executive

Position Title: Accounting & Finance ExecutiveDepartment: Finance & AccountsReports To: Finance Manager / CFOLocation: Mumbai, MaharashtraEmployment Type: Full-timeRole SummaryWe are seeking a detail-oriented and proactive Accounting & Finance Executive to manage end-to-end accounting operations including accounts payable and receivable, bank and vendor reconciliations, taxation compliance, month-end/year-end closing, financial analysis, and reporting. The ideal candidate will ensure accurate financial records, timely compliance, and actionable insights for management decision-making.Key ResponsibilitiesAccounts Payable (AP)Process and verify supplier invoices for accuracy and timely payment.Match invoices with purchase orders and goods received notes.Maintain vendor master data, including tax and banking details.Reconcile vendor statements and resolve billing discrepancies.Manage AP aging and prioritize payments based on due dates and cash flow.Support month-end close with AP accruals and ledger reconciliations.+2Accounts Receivable (AR)Generate and issue customer invoices as per agreed terms.Track and follow up on outstanding receivables to ensure timely collections.Reconcile customer accounts and resolve disputes or discrepancies.Maintain AR aging reports and escalate overdue accounts as needed.Record cash receipts and update customer ledgers accurately.+1Bank & Vendor ReconciliationPerform monthly bank reconciliations for all operating accounts.Reconcile vendor statements with internal records and resolve variances.Ensure all transactions are properly classified and posted to the general ledger.Investigate and rectify unexplained differences in a timely manner.+2Taxation & CompliancePrepare and file GST returns (GSTR-1, GSTR-3B, GSTR-9, etc.) and TDS returns.Ensure timely payment of GST, TDS, and other statutory dues.Maintain proper documentation for tax audits and assessments.Coordinate with external auditors and tax consultants as required.Stay updated on changes in indirect and direct tax regulations.scribdMonth-End & Year-End ClosingPrepare and post journal entries for accruals, prepayments, depreciation, and provisions.Reconcile key balance sheet accounts (bank, AP, AR, intercompany, fixed assets).Assist in preparation of trial balance and finalization of financial statements.Ensure all supporting schedules and documentation are complete and accurate.Support audit processes by providing required schedules and explanations.+2Financial Analysis & ReportingPrepare monthly, quarterly, and annual financial reports (P&L, Balance Sheet, Cash Flow).Analyze financial data to identify trends, variances, and areas for improvement.Develop and monitor budgets and forecasts; report on budget vs. actual performance.Prepare management reports with insights on profitability, liquidity, and operational efficiency.Support strategic decision-making with financial modeling and scenario analysis.+2Additional DutiesMaintain organized financial records and ensure data security.Implement and improve internal controls and accounting processes.Collaborate with cross-functional teams to support business initiatives.Perform ad-hoc financial analysis and reporting as required by management.+1Required Qualifications & SkillsEducation: Bachelor’s degree in Commerce, Accounting, Finance, or related field (B.Com, BBA, MBA-Finance). CA/ICWA or pursuing is a plus.Experience: 2–5 years of relevant experience in accounting and finance roles.Technical Skills:Proficiency in accounting software (e.g., Tally, SAP, QuickBooks, Zoho Books).Strong MS Excel skills (pivot tables, VLOOKUP, formulas).Knowledge of GST, TDS, and other Indian taxation laws.Analytical Skills: Ability to analyze financial data and prepare insightful reports.Attention to Detail: High accuracy in data entry, reconciliation, and reporting.Communication: Strong written and verbal communication for interacting with vendors, customers, and internal teams.Time Management: Ability to meet tight deadlines during month-end and year-end closing.+1Preferred QualificationsCA/ICWA qualification or pursuing OR BCom with MBA Finance OR Expert in Accounting + TaxationExperience in ERP implementation or process automation.Knowledge of IFRS/Ind AS accounting standards.