Senior Accountant

Overview

The Senior Accountant position at Hind Hardware in Chennai focuses on ensuring precise accounting practices, timely collection of dues, adherence to statutory regulations, inventory accuracy, and comprehensive financial reporting. This role plays a vital part in supporting daily operational efficiency.

Key Duties and Responsibilities

• Manage accounts receivable by issuing tax-related documents such as invoices, debit and credit notes; regularly monitor and coordinate with sales for collections; maintain ageing reports and escalate delayed payments promptly.
• Handle accounts payable processes including verification of purchase bills with goods received notes, scheduling supplier payments, maintaining vendor payment reports, and reconciling supplier statements.
• Conduct daily bank reconciliations, track receipts and payments, prepare cash flow reports, coordinate with banking channels, and monitor post-dated cheques.
• Ensure GST compliance by carrying out reconciliations, preparing data for monthly GST filings, managing TDS accounting, coordinating with chartered accountants, and maintaining statutory documentation.
• Perform monthly inventory reconciliations to investigate stock discrepancies, track slow-moving, dead stock, and monitor expiry dates, particularly for specific product lines like Pidilite, aligned with distribution needs.
• Prepare diverse financial reports including daily sales, collections, purchases, cash flow, monthly profit and loss, brand-wise and territory-wise profitability analyses.
• Manage schemes and claims meticulously by maintaining records, calculating trade discounts, tracking cash discounts, processing claims from principals, and verifying credit notes to ensure all rightful claims are received.
• Reconcile brand-related ledgers, schemes, outstanding balances, credit notes, and incentives across multiple brands such as Godrej, Hafele, Pidilite, and Modula.
• Support audits by maintaining all supporting documents, coordinating both statutory and internal audits, and preserving a digital archive of relevant records.
• Maintain accurate ERP entries including vouchers and master data for customers, suppliers, and items; organize invoices and associated paperwork systematically.

Skills Required

• Strong knowledge of accounting principles and statutory compliance requirements.
• Proficiency in managing accounts receivable and payable operations.
• Experience with inventory accounting and reconciliation, especially within distribution sectors.
• Ability to prepare detailed financial reports and analyze profitability by brand and region.
• Familiarity with GST filing procedures and TDS accounting.
• Competence in coordinating audits and maintaining documentation.
• Proficiency in ERP systems for accounting and master data management.
• Excellent coordination skills for liaising with sales, finance teams, vendors, banks, and auditors.