Job Description

Key Responsibilities:

Maintain accurate and up-to-date financial records for all transactions, including sales, purchases, expenses, and payroll. Ensure that all financial data is entered correctly into the accounting system. Oversee and reconcile daily sales transactions, ensuring accuracy in cash handling and processing payments. Ensure that the cash register and cash flow are properly managed and balanced. Prepare monthly, quarterly, and annual financial reports, including profit and loss statements, balance sheets, and cash flow statements. Provide insights into the financial performance of the business. Manage accounts payable by processing vendor invoices, ensuring timely payments, and reconciling vendor accounts. Handle accounts receivable by tracking customer payments, issuing invoices, and following up on outstanding balances. Work closely with the store manager and sales team to monitor inventory, track the cost of goods sold, and ensure that the jewellery stock is accurately valued and documented for financial reporting. Assist in preparing budgets and forecasts for the business, working with management to ensure financial objectives are met. Monitor actual expenses against the budget and provide variance analysis. Ensure that all tax-related documentation is accurate and filed in a timely manner. Prepare and submit tax returns (GST, VAT, or others as applicable) and ensure compliance with local tax laws. Assist with internal and external audits by preparing necessary documentation, financial statements, and reports. Ensure that all accounting practices comply with regulations and company policies. Perform monthly bank reconciliations to ensure that company records match bank statements. Resolve any discrepancies promptly. Oversee payroll processing, ensuring that all employees are paid accurately and on time. Maintain payroll records and comply with labor laws. Ensure adherence to all financial regulations, policies, and internal controls. Keep up-to-date with accounting standards, tax laws, and industry best practices.

Requirements:

Education:

A bachelor's degree in Accounting, Finance, or a related field.

Experience:

Proven experience as an Accountant or in a similar role, ideally in retail or luxury goods, with a strong understanding of accounting principles and financial regulations. Experience in the jewellery industry is an advantage.

Skills:

Proficient in accounting software (e.g., Tally, QuickBooks, SAP) and MS Excel. Strong knowledge of accounting principles, tax laws, and financial reporting. High attention to detail with strong analytical and problem-solving abilities. Excellent organizational skills and ability to prioritize tasks effectively. Good communication skills and the ability to work collaboratively with others. Ability to handle confidential and sensitive financial information with discretion.

Education:

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

Experience:

2 - 3 Years

Salary:

Starting ?20000

Location:

Kochi

Job Types: Full-time, Permanent

Pay: From ?20,000.00 per month

Benefits:

Cell phone reimbursement Health insurance Provident Fund
Schedule:

Day shift Morning shift
Supplemental Pay:

Commission pay Performance bonus
Education:

Bachelor's (Preferred)
Experience:

Accounting principles, tax laws, and financial reporting: 2 years (Preferred) Accountant / similar role, ideally in retail or luxury goods: 2 years (Preferred) Accountant in jewellery industry: 2 years (Preferred) Accounting software (Tally, QuickBooks, SAP) and MS Excel: 2 years (Preferred)
Work Location: In person