Accountant – Trading Company
Position: Accountant
Experience: 3–5 Years
Industry: Trading / Distribution
Employment Type: Full-Time
Location: [Location]
Reporting To: Finance Manager / General Manager
1. Job Summary
We are looking for a competent and detail-oriented Accountant with 3–5 years of relevant experience, preferably in a trading or distribution company. The candidate will be responsible for managing day-to-day accounting operations, maintaining accurate financial records, handling receivables and payables, supporting inventory accounting, and ensuring timely financial reporting and statutory compliance.
The ideal candidate should have good knowledge of accounting principles, taxation, inventory transactions, bank reconciliation, and accounting software.
2. Key Responsibilities
- Maintain accurate and up-to-date books of accounts and financial records.
- Record daily sales, purchases, receipts, payments, expenses, and other accounting transactions.
- Manage Accounts Payable (AP) and Accounts Receivable (AR).
- Prepare and verify sales invoices, purchase invoices, credit notes, and debit notes.
- Monitor customer outstanding balances and follow up for timely collections.
- Verify supplier invoices and coordinate payments according to approved terms.
- Perform regular bank, cash, customer, and supplier reconciliations.
- Maintain proper records of inventory-related financial transactions.
- Reconcile stock records with accounting records and investigate discrepancies.
- Assist in monitoring stock valuation, purchase costs, sales margins, and trading-related expenses.
- Prepare monthly statements and basic management reports.
- Assist in preparation of profit & loss statements, balance sheet schedules, and cash-flow information.
- Maintain proper documentation and filing of accounting records.
- Support month-end and year-end closing activities.
- Ensure compliance with applicable accounting standards, taxation requirements, and company policies.
- Coordinate with auditors, tax consultants, banks, suppliers, and customers when required.
- Assist management with financial analysis, expense monitoring, and budgeting.
- Identify accounting discrepancies and take corrective action in coordination with the Finance Manager.
- Perform other finance and accounting duties assigned by management.
3. Required Qualifications
- Bachelor's degree in Commerce, Accounting, Finance, or a related discipline.
- 3–5 years of relevant accounting experience, preferably in a trading, distribution, wholesale, or commercial company.
- Professional accounting qualifications such as CA Inter, CMA, ACCA, or equivalent will be an advantage.
4. Required Skills
- Strong knowledge of general accounting principles and practices.
- Good understanding of purchase, sales, inventory, receivables, and payables accounting.
- Proficiency in MS Excel, including formulas, Pivot Tables, VLOOKUP/XLOOKUP, and basic financial analysis.
- Experience with accounting/ERP software such as Tally, SAP, Oracle, Zoho Books, QuickBooks, or similar systems.
- Good knowledge of bank and ledger reconciliation.
- Ability to prepare and analyze financial statements and accounting reports.
- Strong numerical and analytical skills.
- High level of accuracy and attention to detail.
- Good organizational and time-management skills.
- Ability to maintain confidentiality of financial information.
- Good communication and interpersonal skills.
5. Preferred Experience
Preference will be given to candidates who have experience in:
- Trading or distribution companies.
- Wholesale business operations.
- Inventory and stock accounting.
- High-volume sales and purchase transactions.
- Customer and supplier reconciliation.
- Credit sales and collection monitoring.
- ERP-based accounting systems.
- Audit and statutory compliance processes.
6. Key Performance Indicators (KPIs)
The Accountant will be evaluated based on:
- Accuracy and timely completion of accounting entries.
- Timely bank and ledger reconciliations.
- Accuracy of accounts receivable and payable records.
- Timely preparation of financial reports.
- Reduction of accounting discrepancies and unreconciled balances.
- Accuracy of inventory-related accounting records.
- Timely submission of required financial and statutory information.
- Proper maintenance of financial documentation and records.
7. Personal Attributes
The successful candidate should be:
- Honest and trustworthy.
- Highly organized and systematic.
- Detail-oriented.
- Responsible and deadline-oriented.
- Proactive in identifying accounting issues.
- Comfortable working independently as well as within a team.
- Capable of handling confidential financial information professionally.
8. Application Criteria
Experience: 3–5 years
Education: Bachelor's degree in Commerce / Accounting / Finance or equivalent
Industry Preference: Trading / Distribution / Wholesale
Notice Period: [Specify]
Salary: [Specify / Negotiable]
Candidates with relevant trading-company accounting experience are strongly preferred.
Pay: ₹15,000.00 - ₹25,000.00 per month
Work Location: In person
