Job Description

Roles and Responsibilities - Accounts Executive (Payables, Assets & Inventory)

1. Vendor Payables

Process vendor invoices accurately and in a timely manner, ensuring compliance with company policies and statutory requirements. Verify purchase orders, GRNs (Goods Receipt Notes), and vendor bills before processing payments. Maintain an updated vendor ledger and reconcile vendor accounts periodically. Ensure timely payment of suppliers to maintain good relationships and avoid interest/penalty charges. Coordinate with the Procurement and Stores departments to resolve invoice discrepancies. Prepare periodic vendor ageing reports and highlight overdue accounts. Assist in statutory compliance related to vendor payments (GST, TDS, etc.).
2. Asset Register Management

Maintain and update the Fixed Asset Register (FAR) with all capital acquisitions, disposals, and transfers. Ensure correct capitalization of assets as per accounting standards and company policy. Calculate and record depreciation monthly/annually as per statutory guidelines. Tag and track physical assets with unique identification numbers. Coordinate with internal departments to conduct periodic physical verification of assets. Support auditors by providing asset-related schedules, reconciliations, and documentation.
3. Stock Value Updates (Inventory Accounting)

Record and update stock values in the accounting system on a periodic basis (daily/weekly/monthly). Reconcile stock ledgers with physical stock and stores records. Ensure accuracy of inventory valuation (e.g., FIFO, weighted average, or as per company policy). Highlight discrepancies in stock valuation and coordinate with Stores/Production for resolution. Support monthly and annual closing by preparing inventory schedules and reconciliations. Provide data for costing, MIS reporting, and statutory audits related to stock valuation.
Key Deliverables

Accurate and timely vendor payment processing. Updated and reconciled fixed asset register. Correct stock valuation aligned with physical records. Compliance with statutory requirements (GST, TDS, Companies Act, etc.). Smooth audit support (internal, statutory, tax, or regulatory).
Skills & Competencies Required

Strong knowledge of accounting principles (AS/Ind-AS). Familiarity with ERP/accounting software (SAP, Tally, or equivalent). Understanding of taxation (GST, TDS) and compliance requirements. Analytical and reconciliation skills. Attention to detail, accuracy, and timeliness. Ability to coordinate across functions (Procurement, Stores, Production, Audit).
Job Types: Full-time, Permanent

Pay: ?17,112.32 - ?35,418.21 per month

Benefits:

Health insurance Provident Fund
Work Location: In person