Senior Accountant

Senior Accountant

Department:Finance & Accounts

Location:Pune

Experience:5–8 Years

Employment Type:Full-Time, Permanent

Industry:IT / Software / Cloud / Technology

Job Description

• We are looking for an experienced and detail-oriented Senior Accountant to manage and oversee accounting, taxation, compliance, reconciliations, financial reporting and audit-related activities.
• The candidate will be responsible for ensuring accurate books of accounts, timely statutory compliance, smooth monthly closures and providing accurate financial information to management. The role will also involve working closely with internal teams, CA, CS, auditors, tax consultants, customers and vendors.

Key Roles & Responsibilities

1. Accounting & Bookkeeping:

• Manage day-to-day accounting transactions including Accounts Payable, Accounts Receivable, expenses and general accounting.
• Record and review financial transactions in Tally / ERP / accounting software.
• Maintain General Ledger and subsidiary ledgers.
• Ensure accurate accounting of expenses, provisions, accruals, advances and prepayments.
• Review accounting entries and supporting documents for accuracy.
• Ensure proper and timely posting of all financial transactions.
• Maintain and update customer and vendor ledgers.

2. Receivables & Payables:

• Monitor customer outstanding and receivable ageing.
• Prepare and review customer outstanding reports.
• Coordinate with internal teams for billing and collection-related discrepancies.
• Reconcile customer accounts and resolve outstanding differences.
• Review vendor invoices and ensure proper accounting and approvals.
• Maintain vendor ageing and reconciliation.
• Coordinate with relevant teams for timely vendor payments.

3. GST, TDS & Statutory Compliance:

• Handle GST, TDS, Professional Tax, PF, ESIC and other applicable statutory compliances.
• Ensure timely preparation and filing of statutory returns.
• Perform GST reconciliations and follow up on mismatches.
• Review GSTR-2B and purchase reconciliation.
• Ensure correct TDS deductions, payments and return filings.
• Maintain statutory records and supporting documentation.
• Maintain and regularly update the compliance calendar.
• Coordinate with CA and tax consultants for taxation-related matters.

4. Reconciliations:

• Perform regular:Bank reconciliations
• Customer reconciliations
• Vendor reconciliations
• Payment gateway reconciliations
• edger reconciliations
• GST reconciliationsInvestigate and resolve discrepancies within defined timelines.
• Ensure all reconciliation statements are properly documented and maintained.

5. Banking & Payments:

• Handle incoming and outgoing payments and related documentation.
• Manage routine banking activities.
• Coordinate with banks for account-related requirements.
• Maintain proper records of banking transactions.
• Support preparation of payment schedules.
• Assist in monitoring cash flow and upcoming payment requirements.

6. Monthly & Annual Closing:

• Handle monthly, quarterly and annual book closures.
• Prepare month-end provisions, accruals and necessary accounting adjustments.
• Ensure all income and expenses are correctly accounted for.
• Review ledger balances and identify unusual transactions.
• Prepare supporting schedules for financial statements.
• Ensure books are ready for audit within defined timelines.

7. MIS & Financial Reporting:

• Prepare monthly finance MIS and reports for management.
• Prepare: Revenue report
• Expense reports
• AR ageing/ AP ageing
• P&L analysisBudget vs. Actual reports.
• Variance analysis
• Cash-flow reports.
• Highlight significant variances and unusual financial movements.
• Provide accurate financial information to support management decisions.

8. Audit & Compliance Support:

• Coordinate with Statutory Auditors, Internal Auditors, CA, CS and Tax Consultants.
• Prepare audit schedules and supporting documents.
• Respond to audit queries and provide information within timelines.
• Assist in statutory, tax and internal audits.
• Track audit observations and ensure timely closure.
• Maintain proper audit documentation and records.

9. Financial Controls:

• Ensure adherence to accounting policies and financial procedures.
• Assist in implementing and monitoring financial controls.I
• dentify accounting errors, process gaps and potential financial risks.
• Ensure proper documentation and approval of financial transactions.
• Review unusual or high-value transactions and escalate wherever required.
• Support management in strengthening accounting processes.

10. Cash Flow & Cost Monitoring:

• Assist in preparing cash-flow forecasts.
• Monitor collections, payments and outstanding balances.
• Track major expenses and identify unusual cost movements.
• Assist in budget vs. actual analysis.
• Highlight potential cash-flow or cost-related concerns to management.

11. Process Improvement & Automation:

• Identify opportunities to improve accounting processes.
• Reduce manual work through better use of ERP, Excel, accounting software and automation tools.
• Improve reconciliation and reporting processes.
• Develop and maintain accounting SOPs and checklists.
• Suggest process improvements to improve accuracy and efficiency.

12. Additional Responsibilities:

• Assist in annual budgeting and forecasting activities.
• Support financial analysis whenever required.
• Assist in customer/project-wise profitability analysis.
• Support management with financial data and reports.
• Maintain confidentiality of financial and business information.
• Take ownership of assigned finance activities and ensure timely completion.
• Perform any other finance and accounting responsibilities assigned by the management.

Senior-Level Expectations:

• The Senior Accountant is expected to work independently and take ownership of assigned accounting processes rather than only performing routine data entry.
• The candidate should be able to:Independently manage monthly accounting closure.
• Identify and resolve accounting discrepancies.
• Ensure statutory compliances are completed on time.
• Maintain clean and accurate reconciliations.
• Coordinate independently with auditors and consultants.
• Prepare and analyse MIS reports.
• Identify financial and process-related risks.
• Suggest improvements in accounting processes.
• Support management with accurate financial information.
• Guide junior members of the accounts team wherever required.

Key Skills: Must Have:

• Strong knowledge of accounting principles and practices.
• Hands-on experience with Tally / ERP / accounting software.
• Good understanding of GST, TDS, PT, PF, ESIC and other statutory compliances.
• Strong experience in bank, customer and vendor reconciliation.
• Experience in monthly and annual book closure.Experience in audit coordination.
• Strong MS Excel skills.
• Good analytical and problem-solving skills.
• Strong attention to detail and accuracy.Ability to manage multiple deadlines.