Accounts Manager

Roles and Responsibilities of an Accounts Executive1. Financial Record KeepingMaintain accurate records of day-to-day financial transactions. Update and reconcile ledgers, journals, and accounts. Record entries for expenses, income, liabilities, and assets. 2. Invoice ManagementGenerate and issue invoices to clients or customers. Track outstanding receivables and follow up for timely payments. Process vendor invoices and maintain payables records. 3. Bank ReconciliationRegularly reconcile bank statements with company books. Monitor bank deposits, withdrawals, and charges. 4. Taxation and ComplianceAssist in preparation and filing of GST returns, TDS returns, and other statutory compliances. Maintain records as per taxation laws and prepare documentation for audits. 5. Payroll SupportCoordinate with HR to process employee payroll. Maintain employee records related to salary, advances, deductions, and reimbursements. 6. Internal ReportingPrepare daily, weekly, and monthly reports for management. Provide updates on account balances, financial transactions, and cash flow status. 7. Audit PreparationSupport internal and external audit processes by providing necessary documents and reports. Ensure compliance with accounting standards and practices. 8. Coordination and CommunicationLiaise with vendors, clients, and other departments to resolve account-related issues. Coordinate with banks for payments, loans, and queries. 9. Budgeting and Forecasting (if assigned)Assist in preparing company budgets and forecasts. Monitor expenditures against budgets. 10. Software and Systems UsageOperate accounting software like Tally, QuickBooks, Zoho Books, or SAP. Maintain digital records and backups securely.