Responsibilities :
1. Financial Accounting & Control
- Oversee day-to-day accounting activities across all showroom locations.
- Ensure accurate recording of sales, purchases, receipts, payments, and journal entries.
- Review and approve accounting transactions.
- Monitor ledger scrutiny and account reconciliations.
- Maintain books of accounts as per accounting standards.
- Ensure monthly and annual closing activities are completed on time.
- Prepare Trial Balance, Profit & Loss Account, Balance Sheet, and Cash Flow Statements.
- Monitor financial performance and identify cost-saving opportunities.
2. Jewellery Inventory Accounting & Control
- Monitor accounting of Gold, Silver, Diamond, Platinum, and Precious Stone inventories.
- Verify stock valuation reports.
- Ensure proper accounting of:
- Gold exchange transactions
- Manufacturing issues and receipts
- Repair and alteration transactions
- Reconcile physical stock with ERP records.
- Investigate stock discrepancies and coordinate corrective actions.
- Review daily stock movement reports.
- Monitor dead stock, slow-moving inventory, and ageing reports.
- Coordinate periodic stock audits.
3. GST Compliance
- Ensure accurate GST accounting and compliance.
- Verify GST classifications and tax calculations.
- File monthly and annual GST returns.
- Reconcile:
- GSTR-1
- GSTR-3B
- GSTR-2B
- Handle GST notices and departmental queries.
- Monitor Input Tax Credit (ITC) utilization.
- Coordinate GST audits and assessments.
4. Direct Taxation
- Ensure timely deduction and deposit of TDS.
- Review TDS returns and reconciliations.
- Coordinate Income Tax assessments and notices.
- Maintain compliance with all applicable tax provisions.
- Assist consultants during tax audits.
5. Payroll & Statutory Compliance
- Supervise payroll processing.
- Ensure compliance with:
- PF
- ESIC
- Professional Tax
- Labour Laws
- Bonus Act
- Gratuity provisions
- Verify employee reimbursements and deductions.
- Ensure statutory payments are deposited within due dates.
6. Banking & Treasury Management
- Monitor daily cash collections and deposits.
- Supervise bank reconciliation statements.
- Manage working capital requirements.
- Monitor fund flow and cash flow.
- Coordinate banking facilities and documentation.
- Handle payment approvals and vendor settlements.
7. Audit Management
- Coordinate Internal Audits.
- Coordinate Statutory Audits.
- Coordinate Tax Audits.
- Ensure availability of required audit documents.
- Implement audit recommendations and corrective actions.
- Maintain audit readiness throughout the year.
8. MIS & Business Reporting
- Prepare Daily, Weekly, Monthly, and Annual MIS Reports.
- Generate reports related to:
- Sales Performance
- Profitability
- Inventory
- Cash Flow
- Expenses
- Vendor Payments
- Customer Advances
- Present financial reports to management.
- Support strategic business decisions through financial analysis.
9. Budgeting & Financial Planning
- Prepare annual budgets.
- Monitor actual performance against budgets.
- Conduct variance analysis.
- Recommend cost control measures.
- Assist management in expansion and investment decisions.
10. Team Leadership & Development
- Lead the Accounts Department.
- Allocate work and monitor team performance.
- Conduct periodic reviews and training.
- Develop standard operating procedures (SOPs).
- Ensure discipline, accuracy, and accountability within the department.
Key Performance Indicators (KPIs)
- Timely Financial Closing
- GST & TDS Compliance Accuracy
- Audit Compliance Score
- Inventory Reconciliation Accuracy
- Reduction in Financial Errors
- Timely MIS Submission
- Cash Flow Management Efficiency
- Statutory Compliance Adherence
- Team Productivity
Address: - Ratanlal C. Bafna Jewellers – Head Office Nayantara Estate, Untwadi Road, Sambhaji Chowk, Nashik – 422001 Contact Person: 9145629000.
Pay: ₹35,000.00 - ₹50,000.00 per month
Work Location: In person
