The role involves managing comprehensive accounting activities closely aligned with the Purchase Department. The candidate will be responsible for ensuring accurate financial records, timely reconciliations, and supporting procurement-related accounting functions to maintain smooth operational workflows.
Key Responsibilities
- Conduct internal reconciliation of all bank accounts and vendor aging reports, ensuring accuracy in both taxation and management records.
- Prepare quarterly withholding income tax statements related to salaries and supplies.
- Reconcile supplier balances by coordinating with relevant personnel and assist the Purchase Department in resolving discrepancies.
- Develop and maintain a weekly tax payment plan, managing supplier payments within agreed credit terms, subject to fund availability.
- Record salary journal vouchers in SAP, ensuring correct cost center allocation; process depreciation and other recurring monthly journal entries.
- Maintain records of prepaid expenses, including vehicle insurance, inventory, and plant and machinery insurance.
- Prepare various vouchers such as vendor payments, fixed asset acquisitions, and retirements. Ensure fixed assets are properly tagged both in master data and physically, with accurate cost centers and asset names.
- Prepare bulk supplier payments for upload through the corporate digital banking portal.
- Prepare and deposit withholding tax liabilities on a weekly basis.
Required Qualifications
- Bachelor’s degree in Accounting, Finance, or a related field is preferred.
- Minimum of 2 years’ experience in a similar accounting role.
- Strong technical accounting knowledge and proficiency with accounting software.
- Excellent analytical and problem-solving abilities.
- Ability to work independently as well as collaboratively within a team environment.
- Effective communication and interpersonal skills.
- High attention to detail and accuracy in all tasks.
- Ability to multitask and prioritize workload efficiently.
- Knowledge of local, state, and federal financial regulations.
- Proficiency in Microsoft Excel and SAP is preferred.
Work Location and Compensation
This position requires the candidate to work on-site. The monthly salary range is Rs50,000 to Rs60,000.
This role offers an excellent opportunity for a detail-oriented accounting professional to contribute to a dynamic finance team, supporting critical purchasing and financial operations within the organization.