The Accounts Manager at Bhagwati Lubricants is responsible for managing the company’s financial records, ensuring compliance with statutory regulations, handling taxation (GST), managing receivables and payables, and maintaining accurate financial reporting. The role requires strong knowledge of accounting principles, inventory accounting (especially in lubricants trading/distribution), and financial planning.
Key Responsibilities:1. Financial Management
- Maintain accurate books of accounts (daily, monthly, yearly).
- Prepare financial statements (P&L, Balance Sheet, Cash Flow).
- Monitor company cash flow and working capital.
- Manage bank transactions and reconciliations.
2. GST & Taxation
- Preparation and filing of GST returns (GSTR-1, GSTR-3B, Annual Return).
- Ensure compliance with income tax regulations.
- Handle TDS deductions and filings.
- Coordinate with auditors and tax consultants.
3. Accounts Payable & Receivable
- Manage vendor payments and credit cycles.
- Follow up with customers for outstanding payments.
- Maintain debtor and creditor ageing reports.
- Monitor credit limits for dealers and industrial clients.
4. Inventory & Stock Accounting
- Maintain stock records of lubricants and oil products.
- Reconcile physical stock with system records.
- Track purchase entries and sales invoices.
- Monitor margin analysis product-wise.
5. MIS & Reporting
- Prepare monthly sales and expense reports.
- Provide financial analysis to management for decision-making.
- Generate performance reports for different territories or segments.
6. Compliance & Documentation
- Maintain proper documentation of invoices, challans, and agreements.
- Ensure compliance with statutory laws.
- Support in audits (Internal & External).
Required Skills & Qualifications:
- Bachelor’s degree in Commerce (B.Com) / M.Com / MBA (Finance preferred).
- 3–5 years of accounting experience (preferably in trading/distribution industry).
- Strong knowledge of GST and Indian taxation.
- Proficiency in Tally / Busy / Accounting ERP.
- Good knowledge of MS Excel.
- Strong analytical and organizational skills.
- Ability to manage distributor-level accounting.
Preferred Experience:
- Experience in lubricant distribution business.
- Experience handling B2B industrial accounts.
- Knowledge of inventory-based accounting systems.
Job Type: Full-time
Pay: ₹20,000.00 - ₹40,000.00 per month
Benefits:
Education:
Experience:
- Accounting: 2 years (Preferred)
Language:
Work Location: In person
