Account Executive (Accounting)

About the Role

Kamal Laxmi Industries seeks an Account Executive to oversee daily accounting functions, compliance requirements, taxation, payroll support, and financial reporting. The role requires a candidate with thorough expertise in accounting standards, GST, TDS, and accounting software usage.

Key Duties

• Record daily transactions using Tally Prime or ERP systems including purchases, sales, journal, receipt, payment, and contra entries.
• Manage cash flow through maintenance of cash book, bank book, and petty cash.
• Prepare and reconcile Bank Reconciliation Statements (BRS).
• Handle accounts payable and receivable processes.
• Create invoices, debit and credit notes, and payment vouchers.
• Ensure timely GST filings including GSTR-1, GSTR-3B and conduct ITC reconciliations.
• Deduct and remit TDS and assist in the filing of TDS returns.
• Assist payroll processing and manage statutory compliance related to PF, ESIC, PT, and LWF.
• Maintain fixed asset registers and compute depreciation.
• Generate monthly MIS and expense reports along with financial statements.
• Interface with auditors, banks, and governmental bodies.
• Maintain thorough accounting records and documentation.
• Support month-end and year-end book closing activities.
• Track outstanding receivables and coordinate collection efforts.
• Ensure adherence to company financial policies and legal regulations.

Qualifications and Experience

Applicants should have a B.Com, M.Com, MBA in Finance, or preferably CA Intermediate certification. A background of 2 to 5 years in accounting and finance is required, ideally within manufacturing, FMCG, automotive, or industrial sectors.

Essential Skills

• Strong grasp of accounting principles.
• Proficiency in Tally Prime or ERP software.
• Solid understanding of GST, TDS, PF, ESIC, and payroll management.
• Advanced Microsoft Excel skills (including VLOOKUP, Pivot Tables, and IF formulas).
• Competency in Bank Reconciliation Statement preparation.
• Excellent analytical and problem-solving abilities with great accuracy.
• Ability to meet strict deadlines and work with attention to detail.

Performance Metrics

• Accuracy in recording accounting transactions.
• Timely GST and TDS compliance.
• Efficient completion of month-end closings.
• Precise bank reconciliation and ledger maintenance.
• Prompt MIS and financial report submission.
• Compliance with all statutory requirements.

Preferred Candidate Attributes

• Integrity and trustworthiness.
• Strong analytical outlook.
• Effective communication and coordination skills.
• Confidentiality maintenance.
• Proactive team player mindset.

Compensation and Benefits

• Salary aligned with company standards and experience.
• Statutory benefits including PF and ESIC.
• Paid leaves according to company policies.
• Opportunities for career advancement.
• Performance-based evaluations and appraisals.