Accountant

Job Title: Senior Accountant

Department: Finance & Administration

Location: Koramangala, Bengaluru

Reports to: Director

Objective: To oversee and manage the organization’s complete financial operations — ensuring accurate accounting, statutory compliance, financial transparency, and strategic insights that support Whitecaps’ growth across its academic, café, and business divisions.

Key Responsibilities:

1. Financial Management & Control

 Oversee end-to-end accounting operations across multiple business units (academy, café, workshops, product sales, etc.).

 Supervise junior accountants and ensure accuracy in bookkeeping, reconciliations, and documentation.

 Develop, implement, and monitor internal financial controls and accounting procedures.

 Maintain an updated general ledger, ensuring accuracy in trial balances, ledgers, and closing entries.

2. Financial Reporting & Analysis

 Prepare and present monthly, quarterly, and annual financial statements (P&L, balance sheet, cash flow).

 Conduct detailed variance and profitability analysis for different business verticals (training, operations, events).

 Support management with financial insights for decision-making, budgeting, and cost optimization.

 Manage MIS reporting and financial dashboards for leadership.

3. Budgeting & Forecasting

 Collaborate with management to prepare annual budgets and forecasts.

 Track actual performance against budget and provide corrective recommendations.

 Analyze revenue trends, operational expenses, and capital investments.

4. Statutory Compliance & Audit

 Ensure 100% compliance with all statutory and regulatory requirements (GST, TDS, PF, ESI, Professional Tax, etc.).

 Handle monthly filings, annual returns, and tax audits in coordination with external consultants.

 Lead statutory and internal audits — preparing schedules, resolving queries, and implementing recommendations.

 Maintain strong relationships with auditors, banks, and financial institutions.

5. Payroll & HR Coordination

 Oversee the monthly payroll process in coordination with HR.

 Verify attendance, deductions, reimbursements, and ensure accurate statutory remittances.

 Handle full and final settlements and annual Form 16 issuance.

6. Vendor & Procurement Oversight

 Approve vendor bills, purchase orders, and payments after due verification.

 Ensure procurement transactions are budget-compliant and properly documented.

 Negotiate payment terms where required to improve cash flow.

7. Strategic & Operational Involvement

 Provide financial input for strategic initiatives — new course launches, café operations, events, and collaborations.

 Monitor cash flow and working capital; forecast fund requirements proactively.

 Support management in policy creation (fee structure, expense policy, travel claims, etc.).

 Assist in cost-benefit analysis for key business decisions and operational expansions.

Qualifications & Experience:

 Bachelor’s or Master’s degree in Commerce / Finance / Accounting (B. Com, M.Com, MBA Finance, or equivalent).

 5–10 years of progressive experience in accounting or finance, with at least 2 years in a senior or supervisory role.

 Proficient in Tally ERP and advanced Excel.

 In-depth knowledge of Indian accounting standards, GST, TDS, payroll compliance, and audit processes.

 Strong analytical, organizational, and leadership skills.  Excellent communication and reporting abilities.

Preferred Attributes:

 Experience in the education, hospitality, or service industry.

 Exposure to multi-vertical accounting (academy + retail + café).

 Ability to work independently with a high sense of integrity and ownership.

 Strong coordination skills with cross-functional teams and senior management

Key Performance Indicators (KPIs):

 Accuracy and timeliness of financial reports.

 Compliance score (on-time statutory filings, error-free audits).

 Budget adherence and variance reduction.  Process improvement initiatives implemented.

 Cash flow efficiency and cost control effectiveness

Job Types: Full-time, Permanent

Pay: ₹40,000.00 - ₹50,000.00 per month

Benefits:

• Food provided
• Health insurance
• Provident Fund

Work Location: In person