Account Executive - Surat, India - Miracle Hub

    Miracle Hub
    Default job background
    Full time
    Description

    Required - Account Executive

    Location: SURAT, Gujarat, India

    Industry- FMCG Industry

    Salary - 15k to 25k Max

    Proven experience in accounting or finance roles, with knowledge of

    accounting principles and practices

    Responsibility Area

    Sales and Purchase Entries:

    Accurately record all sales transactions in the accounting system, including invoices, receipts, and payments. Maintain a detailed ledger for purchase transactions, ensuring proper categorization and documentation of expenses.

    Reconcile sales and purchase records regularly to ensure accuracy and identify any discrepancies or errors.

    Income and Expense Entries:

    Record income from various sources, such as sales revenue, services rendered, and interest income, in the accounting system.

    Categorize and track all expenses, including operating expenses, utilities, supplies, and employee salaries, to maintain accurate financial records.

    Prepare periodic income statements and balance sheets to analyze the company's financial performance and monitor cash flow.

    GST Submission:

    Prepare and file GST returns, including GSTR-1 for outward supplies and GSTR-3B for monthly summary returns, in compliance with GST regulations.

    Maintain GST records and documentation, including tax invoices, input tax credit (ITC) details, and tax payment receipts, for audit and compliance purposes.

    Coordinate with the GST and external tax consultants to ensure timely and accurate GST submissions, including reconciling GST liabilities and refunds.

    Coordination with CA

    Collaborate with the Chartered Accountant (CA) to provide financial data, reports, and documents required for audits, tax filings, and financial analysis.

    Assist the CA in preparing financial statements, tax returns, and other regulatory filings by accounting standards and legal requirements.

    Communicate regularly with the CA to address accounting issues, resolve queries, and implement financial management and compliance recommendations.

    Salary Calculation:

    Calculate employee salaries, wages, bonuses, and deductions accurately based on company policies, tax regulations, and payroll schedules.

    Prepare payroll reports, including salary slips, payroll registers, and tax deductions at source (TDS) statements, for management review and employee distribution.

    Coordinate with HR and finance teams to ensure timely processing of payroll, including salary payments, statutory deductions, and employee benefits

    Job knowledge, skills, and experience:

    Education - Bachelor's degree in Accounting, Finance, or a related field.

    SKILLS-

    Strong analytical skills and attention to detail.

    Good communication and interpersonal skills. Ability to work independently and meet deadlines.

    Knowledge of GST regulations and tax compliance is a plus