Accountant Jobs Opening in R S Bafana Jewellers at Ahmednagar
Accountant
Job Description
Job Summary:
We are seeking a detail-oriented and trustworthy Accountant to manage financial operations at our jewelry store. The ideal candidate will be responsible for maintaining accurate books of accounts, preparing financial reports, tracking inventory valuation, and ensuring compliance with tax regulations, particularly those applicable to the jewelry and precious metals industry.
The role demands precision, reliability, and a good understanding of accounting practices related to stock, sales, gold rates, customer advances, and GST.
Key Responsibilities:
1. Daily Accounting Operations
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Record daily sales, purchases, expenses, and receipts in Tally or equivalent accounting software.
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Monitor and reconcile day-end cash and bank balances.
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Ensure accurate entry of gold weights, karat details, and making charges in billing software.
2. Inventory Management & Valuation
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Work closely with inventory teams to reconcile physical stock with book records.
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Maintain valuation of gold, silver, diamonds, and gemstones based on daily market rates.
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Track product movement (sale, return, damaged, exchanges) and ensure proper documentation.
3. GST, TDS & Tax Compliance
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File GST returns (GSTR-1, GSTR-3B) monthly and maintain all GST-related documentation.
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Calculate and deposit TDS (if applicable) and maintain vendor tax records.
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Support external auditors and ensure the store is compliant with all financial regulations.
4. Bank Reconciliation & Vendor Management
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Prepare monthly bank reconciliations and resolve any discrepancies.
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Monitor payments due to suppliers, goldsmiths, and artisans and process them timely.
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Maintain vendor ledgers and coordinate with the purchase department for order payments.
5. Customer Billing & Advances
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Verify customer invoices, discounts, scheme redemptions, and installment/advance collections.
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Ensure accurate and timely refunds for returns or canceled orders with appropriate adjustments.
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Maintain ledger accounts for customers, including gold schemes or pre-bookings.
6. Financial Reporting
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Prepare Profit & Loss Statements, Balance Sheets, and stock reports as required.
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Provide monthly reports on sales trends, margins, and financial performance.
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Assist management in budgeting, forecasting, and decision-making processes.
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 fresher 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.
