Senior Accountant

Senior Accountant Roles & Responsibility

1. Financial Accounting & Bookkeeping:

v Manage end-to-end accounting operations for all branches.

v Ensure accurate recording of daily sales, purchases, receipts, payments, and journal entries.

v Maintain and monitor the General Ledger and subsidiary ledgers.

v Prepare monthly, quarterly, and annual financial statements.

v Conduct bank reconciliations and ensure proper accounting of all transactions.

v Monitor accounts receivable and accounts payable.

v Maintain fixed asset records and calculate depreciation as per applicable standards.

2. Branch Financial Control:

v Supervise branch-wise accounting activities and ensure uniform accounting procedures.

v Verify daily sales reports, POS reconciliation, and cash closing reports.

v Monitor cash handling, banking, and credit card settlements.

v Review discounts, schemes, gift vouchers, credit notes, and sales returns.

v Ensure proper authorization and documentation for expenses.

v Conduct periodic branch visits for financial review and compliance checks.

3. Inventory & Stock Management:

v Monitor stock records across all five branches.

v Ensure accurate accounting of purchases, stock transfers, and sales.

v Reconcile system stock with physical stock regularly.

v Monitor slow-moving and non-moving inventory.

v Oversee inter-branch stock transfers and adjustments.

v Ensure proper documentation of Goods Receipt Notes (GRN) and supplier invoices.

4. Stock Audit & Internal Control (Mandatory Responsibility):

v Plan and execute periodic and surprise stock audits at all branches.

v Conduct physical stock verification and compare with ERP/system records.

v Identify shortages, excess stock, and stock discrepancies.

v Investigate reasons for stock variances and prepare detailed audit reports.

v Monitor stock ageing and dead stock analysis.

v Verify damaged, defective, and returned goods records.

v Ensure proper barcode tagging and stock coding practices.

v Recommend corrective actions to minimize stock loss, pilferage, and shrinkage.

v Submit comprehensive stock audit reports to management with findings and action plans.

v Strengthen internal inventory control systems and compliance.

5. Taxation & Statutory Compliance:

v Ensure accurate GST calculation, filing, and timely submission of returns.

v Handle TDS deduction, payment, and return filing.

v Maintain statutory records and compliance documentation.

v Coordinate with statutory auditors, internal auditors, and tax consultants.

v Ensure adherence to applicable accounting standards and tax regulations.

6. MIS Reporting & Management Support:

v Prepare branch-wise profitability and performance reports.

v Generate periodic MIS reports including sales analysis, expense reports, and stock reports.

v Assist management in budgeting, forecasting, and financial planning.

v Provide cost analysis and margin improvement recommendations.

v Support management decision-making with financial insights.

7. Team Supervision & Coordination:

v Guide team members to perform their duties properly and efficiently, and continuously monitor work progress with appropriate follow-ups.

v Ensure compliance with company accounting policies and internal controls.

v Provide training on accounting procedures, stock handling, and documentation.

v Coordinate with Warehouse team, purchase team, and management.

8. Confidentiality & Professional Conduct:

v Maintain strict confidentiality of all financial, operational, and business information across all branches.

v Ensure full compliance with company policies, internal controls, statutory requirements, and ethical standards.

v Safeguard company assets, financial records, and sensitive data by implementing and monitoring effective control measures.

v Promote a culture of integrity, accountability, and transparency within the finance function.

9. Performance Expectations:

v Accuracy and timeliness in financial reporting.

v Effective stock variance control.

v Compliance with statutory requirements.

v Strong internal control implementation.

v Contribution to overall profitability and operational efficiency.