Job Purpose
The Senior Accounts Executive is responsible for reviewing, validating, and supervising the work performed by junior accounts executives across inventory, banking, and creditors. The role focuses on ensuring accuracy, compliance, timely completion of tasks, and adherence to company policies and statutory requirements.
Unlike an operational accountant, this position primarily performs review and quality control rather than routine data entry or transaction processing.
Key Roles & Responsibilities
1. Review of Accounts Payable (Creditors)
· Verify vendor invoice booking with purchase orders, GRNs, and supporting documents.
· Review GST applicability, input tax credit eligibility, and tds calculations.
· Ensure proper supporting documents are attached to every transaction.
· Identify incorrect postings and coordinate with juniors for rectification.
· Review month-end provisions, accruals, and adjustment entries.
· Ensure vendor ledgers are reconciled periodically.
· Review ageing reports and monitor outstanding balances.
· Verify payment proposals before release to ensure:
o Correct vendor details
o Invoice authenticity
o Approval workflow completion
o Duplicate payment prevention
o Compliance with payment terms
· Review debit notes, credit notes, advances, and vendor adjustments.
2. Review of Bank Transactions & Reconciliations
· Review daily and monthly bank reconciliation statements.
· Ensure all receipts and payments are correctly recorded in the books.
· Verify unreconciled entries and ensure timely closure.
· Review bank charges, interest entries, and foreign remittance accounting (where applicable).
· Monitor pending transactions and coordinate for necessary corrections.
· Ensure bank balances in Books match with bank statements.
3. Review of Inventory Accounting
· Validate stock inward and outward accounting entries.
· Review inventory reconciliations between ERP, warehouse records, and accounting books.
· Check valuation of inventory and movement reports.
· Investigate abnormal stock variances or adjustments.
· Ensure inventory transactions are supported by valid documentation.
· Coordinate with warehouse and operations teams for discrepancy resolution.
4. Review of GST Registration & APOB/PPOB Activities
· Review documentation for:
o New GST registrations
o Additional Place of Business (APOB) registrations
o Principal Place of Business (PPOB) amendments
o GST registration amendments
· Ensure documents are complete before submission.
· Verify responses prepared for GST departmental clarifications.
· Track registration status and ensure timely completion.
5. Team Supervision & Mentoring
· Supervise day-to-day work performed by Team Members.
· Allocate review priorities and ensure timely completion.
· Escalate critical issues to the Finance Manager.
· Develop checklists and SOPs to improve process consistency.
6. Internal Controls & Compliance
· Ensure compliance with internal financial controls and approval matrices.
· Verify completeness and accuracy of supporting documentation.
· Review adherence to company policies for payments, accounting, and documentation.
· Identify process gaps and recommend improvements to reduce risks and errors.
7. Management Reporting
· Review MIS reports and reconciliations prepared by Team Members.
· Highlight exceptions, unusual transactions, and risks to management.
· Support month-end and year-end financial closing activities.
· Assist in preparing reports required by senior management.
Required Qualifications
· B.Com / M.Com / CA Inter / CMA Inter or equivalent.
· 5–7 years of experience in finance and accounting.
· Experience in reviewing the work of junior team members is preferred.
Technical Skills
· Strong knowledge of accounting principles and financial reporting.
· Practical understanding of GST, TDS, accounts payable, inventory accounting, and bank reconciliations.
· Proficiency in ERP/accounting software (e.g., Tally)
· Advanced Microsoft Excel skills, including lookups, pivot tables, and data analysis.
· Strong documentation and reconciliation skills.
Pay: ₹25,000.00 - ₹60,000.00 per month
Benefits:
Experience:
- Accounts: 5 years (Preferred)
Work Location: In person
