Accountant/ Accounts Executive

Role Overview:

The Accountant (Audit & Payout Control) will be responsible for maintaining the integrity, transparency, and accuracy of all monthly payout processes. This role ensures that every vendor, distributor, or partner payment aligns with contractual obligations, internal controls, and audit standards. The ideal candidate will be meticulous, process-driven, and capable of identifying financial leakages or policy deviations before they materialize into risks.

Key Responsibilities:

• Conduct monthly audits of payout files, ensuring all supporting documentation (invoices, approvals, and reconciliations) are complete and compliant.
• Validate payout computations against commercial agreements, pricing structures, and discount policies.
• Implement checks to prevent overpayments, duplicate entries, or fraudulent disbursements.
• Maintain and update control registers for all payouts and adjustments.
• Review prior month payout trends to flag anomalies or deviations.

Financial Reporting & Compliance

• Prepare monthly payout audit summaries highlighting discrepancies, recoveries, and process gaps.
• Collaborate with internal and external auditors to ensure readiness for periodic audits.
• Ensure adherence to internal SOPs, statutory compliance, and corporate governance standards.
• Support data validation for management dashboards and MIS reports related to payout efficiency.

Process Improvement

• Design and enhance control mechanisms to strengthen payout governance.
• Automate manual checkpoints where possible to reduce human error.
• Work closely with the finance and operations teams to align payout accuracy with business performance metrics.
• Qualifications & Experience:Bachelor’s or Master’s degree in Commerce, Accounting, or Finance.
• 3–6 years of experience in accounting, internal audit, or payout control roles.
• Strong understanding of audit frameworks, reconciliations, and control systems.
• Experience with ERP platforms (SAP / Tally / Zoho / Oracle) and MS Excel for analytical reporting.
• Exposure to FMCG, Distribution, or Manufacturing industries preferred.

Key Competencies:

• Analytical accuracy with a forensic mindset.
• High integrity and ethical judgment in financial matters.
• Strong attention to detail and documentation discipline.
• Ability to communicate audit findings and financial risks succinctly.
• Proactive in identifying control weaknesses and proposing sustainable fixes.
• Performance Indicators:% Accuracy in monthly payout audits.
• Timeliness of audit closures and variance reporting.
• Reduction in control breaches or financial discrepancies.
• Process improvement and automation initiatives implemented.