Accounts Manager

Company Name: Rithik Product

Department: Accounts & Finance

Experience: 1–5 years preferred

Employment Type: Full-time

1. About the RoleRithik Product is looking for a responsible and detail-oriented Accountant to independently manage day-to-day accounting activities and ensure that all books of accounts are accurate, complete, and updated regularly.

The primary objective is to maintain 100% updated books of accounts, with accurate financial information available to management whenever required.

2. Key ResponsibilitiesA. Accounting & Bookkeeping

• Maintain day-to-day accounting entries and books of accounts.
• Record purchase invoices, sales invoices, receipts, payments, and expenses.
• Maintain accurate cash and bank records.
• Ensure that all transactions are entered into the accounting software on time.
• Identify and clear pending accounting entries.

B. Customer & Supplier Accounts

• Maintain customer and supplier ledgers.
• Track outstanding customer payments and supplier dues.
• Reconcile customer and supplier balances regularly.
• Identify overdue payments and follow up with the concerned parties.
• Investigate and resolve discrepancies in ledger balances.

C. Bank Reconciliation

• Reconcile bank statements with accounting records.
• Verify receipts, payments, and bank charges.
• Identify and resolve differences between bank statements and books.

D. GST & Taxation

• Maintain accurate GST purchase and sales records.
• Reconcile accounting data with GST records.
• Coordinate with the CA for GST returns, TDS, and other statutory compliance.
• Ensure proper documentation for all transactions.

E. Inventory & Business Transactions

• Verify purchase and sales entries against supporting invoices.
• Coordinate with the purchase, sales, and dispatch teams.
• Identify discrepancies in bills and stock-related documents.
• Ensure that all business transactions are properly recorded.

F. Financial Reporting

• Prepare customer outstanding reports.
• Prepare supplier payable reports.
• Maintain daily cash and bank position reports.
• Prepare monthly profit and loss statements.
• Provide accurate financial information to management.
• Highlight unusual expenses, discrepancies, and pending entries.

G. Updating Existing Books

• Review existing books and identify incomplete accounting entries.
• Clear pending entries and reconcile old ledger balances.
• Verify that all purchases, sales, receipts, payments, and expenses are recorded.
• Maintain organized records of invoices and supporting documents.
• Ensure that the books remain updated going forward.
• 3. Required Qualifications & SkillsB.Com or equivalent qualification in Accounting or Finance.
• 2–5 years of relevant accounting experience preferred.
• Strong knowledge of Tally ERP or Tally Prime.
• Good understanding of GST and bookkeeping.
• Proficiency in MS Excel.
• Experience in bank reconciliation and customer/supplier ledger reconciliation.
• Ability to independently manage accounting operations.
• Strong attention to detail, honesty, and accountability.

4. Key Performance Indicators (KPIs)The candidate will be evaluated on:

1. Updated Books: All transactions recorded promptly.
2. Ledger Accuracy: Regular reconciliation of customer and supplier accounts.
3. Bank Reconciliation: Monthly reconciliation with timely resolution of discrepancies.
4. Outstanding Reports: Accurate and updated receivable and payable reports.
5. GST Compliance: Accurate accounting records and reconciliation.
6. Monthly Reporting: Timely preparation of monthly financial statements.
7. Documentation: Proper supporting documents for every transaction.
8. Backlog Clearance: Completion of pending accounting entries within the agreed timeline.

5. Expected Candidate ProfileWe need an accountant who takes complete ownership of the company's accounting function.

The candidate should not merely enter data but also verify transactions, identify mistakes, reconcile accounts, follow up on missing documents, and ensure that management has reliable financial information.

6. SalaryNegotiable based on experience, accounting knowledge, and ability to manage the accounts independently.

7. Application ProcessInterested candidates should share their updated resume, relevant accounting experience, knowledge of Tally and GST, current salary, and expected salary.