Accountant/ Accounts Executive

Job description - Armor ventures india pvt ltd.

Position Overview: Accounts Executive will manage comprehensive accounting operations, financial reporting, and compliance activities while leading accounting processes and supporting junior staff in a Chennai-based organization.

Key Responsibilities:

Financial Accounting & Reporting

·      Prepare and maintain books of accounts including general ledger, subsidiary ledgers, and trial balance

·      Generate monthly, quarterly, and annual financial statements as per Indian GAAP

·      Handle journal entries, accruals, prepayments, and month-end closing procedures

·      Prepare bank reconciliation statements and manage cash flow analysis

·      Maintain fixed asset registers and calculate depreciation schedules

Accounts Payable & Receivable Management

·      Process vendor invoices, purchase orders, and payment authorizations

·      Manage supplier payments, vendor reconciliations, and aging analysis

·      Handle customer invoicing, collection follow-ups, and receivables management

·      Coordinate with sales team for revenue recognition and billing queries

·      Maintain creditor and debtor aging reports and collection strategies

Taxation & Compliance

·      Prepare and file GST returns (GSTR-1, GSTR-3B, GSTR-9) within statutory deadlines

·      Handle TDS calculations, deductions, and quarterly/annual TDS returns

·      Manage income tax assessments, advance tax payments, and IT return filing

·      Ensure compliance with Tamil Nadu state taxes and local regulations

·      Coordinate with tax consultants and statutory auditors

Payroll & Statutory Compliance

·      Process monthly payroll including salary calculations, deductions, and reimbursements

·      Handle PF (Provident Fund), ESI, and professional tax computations and payments

·      Manage employee loan accounts, advance recoveries, and final settlements

·      Prepare Form 16, salary certificates, and other employee documentation

·      Ensure compliance with labor laws and statutory requirements

Cost Accounting & Analysis

·      Analyze cost centers, profit centers, and departmental performance

·      Prepare cost sheets, variance analysis, and profitability reports

·      Monitor budget vs. actual performance and provide variance explanations

·      Support management with costing decisions and pricing strategies

·      Maintain inventory valuation and stock movement records

Banking & Treasury Operations

·      Manage daily banking operations, fund transfers, and cash management

·      Handle letter of credit, bank guarantees, and trade finance documentation

·      Monitor foreign exchange transactions and currency fluctuations

·      Coordinate with banks for loan documentation and compliance requirements

·      Maintain banking relationships and negotiate banking terms

Audit & Internal Controls

·      Coordinate with internal and statutory auditors during audit processes

·      Prepare audit working papers, schedules, and supporting documentation

·      Implement internal control procedures and compliance monitoring

·      Handle audit queries, management letter responses, and corrective actions

·      Ensure proper documentation and audit trail maintenance

MIS & Financial Analysis

·      Prepare management information system (MIS) reports for senior management

·      Generate cash flow statements, fund flow analysis, and financial ratios

·      Provide financial analysis and insights for business decision-making

·      Create dashboards and KPI reports for operational performance

·      Support budgeting, forecasting, and financial planning activities

System & Process Management

·      Operate accounting software (Tally ERP, Zoho Books etc.,)

·      Maintain chart of accounts, cost centers, and accounting configurations

·      Implement process improvements and automation initiatives

·      Handle data backup, security protocols, and system maintenance

·      Coordinate with IT team for software updates and technical support

Required Qualifications:

·      Bachelor's degree in commerce (B.Com) with specialization in Accounting/Finance

·      Professional qualifications: CA (Inter), CMA (Inter), or equivalent preferred

·      4-6 years of progressive accounting experience in Indian corporate environment

·      Strong knowledge of Indian Accounting Standards (Ind AS) and taxation laws

·      Proficiency in accounting software (Tally ERP 9, SAP, Oracle)

Essential Skills:

·      Advanced knowledge of GST, TDS, income tax, and corporate compliance

·      Expertise in financial statement preparation and analysis

·      Strong analytical and problem-solving capabilities

·      Excellent communication skills in English and Tamil

·      Leadership and team management abilities

Key Performance Indicators:

·      Timely closure of monthly accounts (within 5 working days)

·      Zero penalties for statutory compliance and tax filings

·      Accurate financial reporting with minimal audit adjustments

·      Effective cash flow management and collection efficiency

·      Team productivity and professional development metrics

Compensation & Benefits:

·      Competitive salary package commensurate with experience

·      Performance-based incentives and annual increments

·      Professional development opportunities and certification support

·      Health insurance, PF, and other statutory benefits as per company policy

Role: Finance

& Accounting - Other

Industry Type:  Real estate & Pharmaceutical

& Life Sciences

Department: Finance

& Accounting

Employment Type: Full Time, Permanent

Role Category: Finance & Accounting - Other

Education

UG: B.Com in Any Specialization, B.A in Any Specialization, B.Sc in Any Specialization

Key Skills

Financial Accounting & Reporting

Accounts Payable & Receivable ManagementTaxation & ComplianceAudit & Internal ControlsCost Accounting & AnalysisBanking & Treasury OperationsPayroll & Statutory Compliance

About companyWe are diverse group of companies involved in Real Estate Infrastructure, Nutraceuticals, Export & Imports, Warehousing & Logictics.