Accountant

Job Summary:

The Accountant will be responsible for managing the day-to-day financial operations, maintaining accurate accounting records, ensuring compliance with Indian statutory regulations (including GST & TDS), and providing timely financial reports for the automobile dealership. This role requires strong attention to detail, a solid understanding of accounting principles, and proficiency in relevant accounting software.

Key Roles & Responsibilities:

1. Daily Accounting & Transaction Management:

• Process and verify all financial transactions, including sales (new vehicles, used vehicles, parts, service), purchases, expenses, and payments, ensuring accuracy and proper classification.
• Manage daily cash and bank reconciliations, investigating and resolving discrepancies promptly.
• Maintain accurate records of accounts payable and accounts receivable, ensuring timely collection of dues and payment to vendors.
• Handle petty cash management and reconciliation.
• Process employee expense claims in accordance with company policies.

2. Sales & Inventory Accounting (Dealership Specific):

• Reconcile daily sales reports for new vehicles, used vehicles, parts, and service with accounting entries.
• Manage vehicle stock accounting, including purchase, sale, inter-branch transfers, and physical stock reconciliation.
• Oversee parts inventory valuation, reconciliation, and ensure proper accounting for stock movements.
• Verify and process service job card costing, billing, and warranty claims.
• Account for vehicle financing transactions and reconcile with bank statements/financier reports.
• Maintain records for used car purchases, reconditioning costs, and sales.

3. Taxation & Statutory Compliance (Indian Context):

• GST: Ensure accurate calculation of GST (Input Tax Credit and Output Tax Liability), prepare and file monthly/quarterly GST returns.
• TDS: Deduct TDS (Tax Deducted at Source) as per applicable provisions, ensure timely payment to the government, and assist in filing TDS returns.

4. Financial Reporting & Analysis:

• Prepare and finalize monthly, quarterly, and annual financial statements, including Profit & Loss Accounts, Balance Sheets, and Cash Flow Statements.
• Conduct ledger scrutiny and prepare trial balances.
• Generate various management reports, such as sales performance analysis, expense analysis, and profitability reports, to support decision-making.
• Assist in budget preparation and variance analysis.

5. Audit & Internal Control:

• Prepare necessary schedules and provide documentation for internal and statutory audits.
• Ensure adherence to internal financial controls and company policies.
• Identify and report any discrepancies or anomalies in financial data.

6. System & Documentation:

• Maintain accounting records diligently in the designated accounting software (Tally ERP or specific Dealer Management System - DMS).
• Ensure proper filing and archiving of all financial documents.
• Continuously seek opportunities to improve accounting processes and efficiency.

Qualifications:

• Education: Bachelor's degree in Commerce (B.Com) is essential.
• Experience: 3-4 years of relevant experience in accounting roles, with proven experience in GST filing and a strong preference for experience in an automobile dealership.
• Technical Skills:
• Proficiency in accounting software like Tally ERP 9 / Prime is mandatory.
• Working knowledge ofDealer Management Systems (DMS) is a significant advantage.
• Strong command of Microsoft Excel is essential.
• Familiarity with GST and TDS compliances.
• Knowledge: In-depth understanding of Indian accounting standards and taxation laws.
• Gender: Male candidate preferred.

Job Types: Full-time, Permanent, Fresher

Work Location: In person