Accountant - Jewellery Store

Overview

Suvarnakala Pvt Ltd is looking for a meticulous and reliable Accountant to oversee all financial aspects of its jewellery retail operations located in Ahmedabad, Gujarat. This role involves maintaining precise accounting data, managing inventory-related finances, ensuring tax compliance, and generating comprehensive financial documentation.

Key Duties

• Maintain thorough daily accounting records encompassing sales, purchases, payments, and receipts.
• Reconcile transactions pertaining to cash, bank accounts, and credit card payments.
• Manage accounts payable and receivable effectively.
• Prepare and file GST returns, ensuring adherence to tax laws.
• Handle payroll processing and maintain employee salary records.
• Reconcile jewellery stock including gold, diamond, silver, and other precious metals with accounting ledgers and stock reports.
• Record all purchases of valuable metals and inventory items.
• Compile monthly, quarterly, and annual financial statements.
• Liaise with auditors, tax professionals, and regulatory bodies.
• Monitor customer advances, handle repair charges, and track order payments.
• Maintain records related to fixed assets and calculate depreciation appropriately.
• Enforce compliance with internal financial controls and company policies.
• Assist in financial budgeting, forecasting, and planning.

Required Qualifications and Experience

• Possession of a Bachelor’s or Master’s degree in Commerce, Accounting, Finance, or a related discipline.
• Between 2 to 5 years of experience in accounting, preferably within jewellery, retail, or luxury goods industries.
• Knowledge of GST, TDS, and Indian accounting standards is essential.
• Familiarity with accounting software such as Tally Prime, Busy, Marg ERP, or similar platforms.
• Proficient in Microsoft Excel and capable of producing financial reports.

Skills and Competencies

• Strong understanding of accounting principles and bookkeeping procedures.
• Exceptional accuracy and meticulous attention to detail.
• Excellent numerical aptitude and analytical skills.
• Experience managing accounting for inventory.
• Effective communication and organizational capabilities.
• Ability to maintain strict confidentiality of sensitive financial data.
• Good time management and problem-solving skills.

Preferred Qualifications

Prior experience with jewellery inventory management and knowledge of hallmarking and jewellery billing procedures is favored.

Performance Indicators

• Accuracy and integrity of financial recordkeeping.
• Compliance and punctuality in GST and statutory returns.
• Accuracy in jewellery inventory reconciliation.
• On-time completion of financial reporting cycles.
• Adherence to audit standards and accounting principles.