Position: Accountant
Industry: Cotton Ginning & Pressing / Ginning Mill
Department: Accounts & Finance
Reporting To: Accounts Manager / Finance Head / Management
Experience: 2–5 years in Ginning Mill / Cotton Industry / Manufacturing Accounts
Location: Plant / Ginning Mill - Bhrahmanagudem, Ponnuru Mandal Guntur
Job Summary
We are looking for an experienced Accountant with practical knowledge of accounting operations in a cotton ginning and pressing mill. The candidate will be responsible for day-to-day accounting, purchase and sales entries, cotton stock accounting, vendor/customer accounts, payments, bank transactions, statutory compliance support, and maintaining accurate financial records.
Key Responsibilities1. General Accounting
- Maintain day-to-day books of accounts and accounting records.
- Pass purchase, sales, receipt, payment, journal and contra entries.
- Maintain cash book, bank book, ledger and journal.
- Prepare and verify invoices, vouchers and supporting documents.
- Maintain proper filing and documentation of accounts records.
- Perform regular ledger scrutiny and reconciliation.
2. Cotton / Ginning Mill Accounting
- Maintain accounting records related to raw cotton purchases, cotton seed, lint, kapas and other by-products.
- Record and monitor cotton procurement transactions.
- Maintain cotton stock and inventory records.
- Reconcile physical stock with book stock.
- Monitor ginning and pressing production records and coordinate with production/store departments.
- Maintain records of cotton bales, lint, cotton seed and waste/by-products.
- Track purchase and sale rates, quantities and related accounting entries.
- Verify weighment slips, purchase bills, sales invoices and transport documents.
3. Purchase & Sales Accounting
- Verify supplier invoices and purchase bills.
- Record purchases of cotton, packing materials, stores and other consumables.
- Prepare and record sales invoices for cotton bales, cotton seed and other products.
- Maintain customer and supplier ledgers.
- Follow up for outstanding receivables and payables.
- Reconcile supplier and customer balances.
4. Banking & Cash Management
- Record daily bank transactions.
- Prepare bank reconciliation statements (BRS).
- Handle cheque / NEFT / RTGS / online payment entries.
- Maintain cash transactions and petty cash.
- Monitor bank balances and payment requirements.
- Coordinate with banks for routine banking activities.
5. Statutory Compliance
- Assist in GST, TDS and other statutory compliance.
- Verify GST invoices and input tax credit-related records.
- Prepare data required for GST returns and other statutory filings.
- Maintain TDS records and coordinate for timely payments and returns.
- Coordinate with auditors, consultants and statutory authorities whenever required.
6. Payroll & Other Accounts Activities
- Assist in salary processing and payroll-related accounting.
- Record employee advances and recoveries.
- Maintain expense statements and supporting documents.
- Monitor outstanding advances and settlements.
7. MIS & Reporting
- Prepare daily / weekly / monthly accounting reports.
- Prepare purchase, sales, stock and outstanding reports.
- Provide financial data and reports to the Accounts Manager / Management.
- Assist in monthly closing and preparation of financial statements.
- Identify accounting discrepancies and report them to management.
Required Skills
- Good knowledge of Tally ERP / Tally Prime.
- Good knowledge of MS Excel.
- Knowledge of GST, TDS and basic statutory compliance.
- Practical experience in cotton ginning and pressing mill accounting preferred.
- Knowledge of inventory and stock reconciliation.
- Good understanding of purchase and sales accounting.
- Good communication and coordination skills.
- Ability to work independently at a plant / factory location.
- Strong attention to accuracy and documentation.
Preferred Experience
Candidates with experience in:
- Cotton Ginning & Pressing Mills
- Cotton trading companies
- Cotton procurement
- Agriculture commodity accounting
- Manufacturing / factory accounts
- Inventory and stock accounting
will be preferred.
Qualification
B.Com / M.Com / CA Inter / equivalent qualification with relevant accounting experience.
Key Performance Areas (KPIs)
- Accuracy of accounting entries
- Timely completion of daily accounting
- Bank and ledger reconciliation
- Accuracy of cotton stock records
- Timely GST / TDS data preparation
- Control over receivables and payables
- Proper maintenance of vouchers and supporting documents
- Timely submission of MIS reports
Pay: ₹15,000.00 - ₹25,000.00 per month
Work Location: In person
