Accountant

JOB DESCRIPTION ACCOUNTANT

Department: Finance & Accounts
Designation: Accountant
Reporting To: Finance Manager / Head – Finance & Accounts / Management
Location: Bengaluru
Employment Type: Full-Time

1. JOB PURPOSE

The Accountant will be responsible for maintaining accurate and timely financial records, processing accounting transactions, monitoring receivables and payables, supporting statutory compliance, preparing financial reports, and ensuring that all financial activities are carried out in accordance with company policies, accounting standards, and statutory requirements.

The role requires strong attention to detail, confidentiality, accuracy, and timely completion of accounting and finance-related activities.

2. KEY RESPONSIBILITIES

A. Day-to-Day Accounting

• Record and maintain day-to-day accounting transactions in the accounting system.
• Prepare and verify vouchers, invoices, receipts, payment entries, journal entries, and other accounting documents.
• Maintain proper documentation and supporting records for all financial transactions.
• Ensure correct accounting under appropriate ledgers, cost centres, departments, and categories.
• Perform regular ledger scrutiny and identify discrepancies or unusual transactions.
• Maintain accurate books of accounts and ensure timely updation of financial records.

B. Accounts Payable

• Verify supplier/vendor invoices against purchase orders, approvals, and supporting documents.
• Process vendor bills and payment requests after obtaining necessary approvals.
• Maintain vendor ledgers and reconcile outstanding balances.
• Follow up on pending bills, debit notes, credit notes, and payment-related discrepancies.
• Ensure timely and accurate vendor payments as per approved payment schedules.

C. Accounts Receivable

• Prepare and issue customer invoices as per approved billing instructions.
• Maintain customer ledgers and monitor outstanding receivables.
• Conduct regular receivable reconciliation.
• Follow up with concerned departments/customers regarding overdue payments.
• Prepare ageing reports and submit outstanding receivable statements to Management.

D. Bank & Cash Management

• Record and reconcile daily bank transactions.
• Prepare regular bank reconciliation statements.
• Monitor receipts, payments, transfers, and other banking transactions.
• Maintain cash/bank records and supporting documentation.
• Identify and report any unreconciled or unusual bank transactions immediately.

E. Payroll & Employee-Related Accounting

• Coordinate with HR for payroll-related accounting requirements.
• Verify payroll inputs relating to salary, deductions, reimbursements, advances, loans, and other approved adjustments.
• Ensure proper accounting of salary and employee-related liabilities.
• Support preparation of salary-related statements and reconciliation.
• Maintain confidentiality of employee salary and financial information.

F. Statutory Compliance

• Assist in timely compliance relating to GST, TDS, PF, ESI, Professional Tax and other applicable statutory requirements.
• Prepare and provide necessary accounting data and supporting documents to consultants/auditors.
• Reconcile statutory ledgers and identify discrepancies.
• Maintain proper records of statutory payments, returns, challans, and acknowledgements.
• Keep track of statutory due dates and escalate pending compliance matters to the reporting authority.

Preferred candidate profile