Accountant Jobs Opening in Banka&Banka at Malad East, Mumbai
Job Description
We are seeking a detail-oriented and experienced Accountant to manage the company’s financial records, ensure compliance with accounting standards, and support financial planning and analysis. The ideal candidate will be responsible for preparing accurate financial reports, reconciling accounts, and maintaining financial controls.
Key Responsibilities:
1. Financial Record Keeping & Bookkeeping
-
Maintain day-to-day accounting records using proper accounting principles.
-
Record and post journal entries, purchase invoices, sales invoices, payments, receipts, and expenses.
-
Ensure all transactions are accurately recorded in accounting software (e.g., Tally, QuickBooks, Zoho Books, etc.).
-
Manage and reconcile general ledger accounts.
2. Bank Reconciliation and Cash Handling
-
Perform regular bank reconciliations to ensure consistency between bank statements and accounting records.
-
Monitor daily cash flow, petty cash, and bank balances.
-
Track incoming and outgoing payments to maintain financial accuracy.
3. Accounts Payable and Receivable
-
Manage vendor bills, utility payments, and ensure timely disbursement.
-
Process employee reimbursements and advances.
-
Follow up with clients/customers for timely collection of payments and maintain AR aging reports.
-
Prepare and send invoices, credit notes, and debit notes as needed.
4. Taxation and Compliance
-
Prepare and file GST returns (GSTR-1, GSTR-3B, GSTR-9), TDS returns, and professional tax returns as applicable.
-
Ensure compliance with statutory obligations under Indian tax laws.
-
Maintain documentation for income tax assessments, audits, and regulatory inspections.
-
Assist in annual audit preparation and liaise with external auditors or consultants.
5. Payroll Assistance
-
Support the payroll process by coordinating salary records, deductions, statutory contributions (PF, ESI), and disbursements.
-
Maintain employee advance records and monthly salary reconciliation.
6. Financial Reporting & Analysis
-
Prepare monthly, quarterly, and annual financial reports (P&L, balance sheet, cash flow).
-
Analyze variances and trends to assist management in financial decision-making.
-
Maintain budgets and assist in financial forecasting and planning.
7. Inventory and Asset Management
-
Monitor stock movement, coordinate with the inventory team, and reconcile physical and accounting records.
-
Maintain fixed asset registers and calculate depreciation as per accounting standards.
8. Documentation and Internal Controls
-
Ensure proper documentation of all financial transactions and records for future reference.
-
Implement and follow internal financial control policies and procedures.
-
Assist in implementing accounting systems, automation tools, or upgrades.
More information about this Accountant Job
Please go through the below FAQs to get all answers related to the given Accountant job
- What are the job requirements to apply for this Accountant job position?
- Ans: A candidate must have a minimum of 1 year experience as an Accountant
- What is the qualification for this job?
- Ans: The candidate can be a Graduate from any of the following: B.Com
- What is the hiring Process of this job?
- Ans: The hiring process all depends on the company. Normally for an entry level, hiring the candidate has to go for Aptitude, GD (If they look for communication),Technical test and face to face interviews.
- This Accountant is a work from home job?
- Ans: No ,its not a Work from Home Job.
- How many job vacancies are opening for the Accountant position?
- Ans: There are immediate 1 job openings for Accountant in our Organisation.
