ACCOUNTS EXECUTIVE (KARNATAKA REGION)

Role Objective

The Accounts Executive will be responsible for end-to-end accounting, statutory compliance, financial controls, and jewellery-specific stock accounting. The role demands strong expertise in accounting principles, GST, TDS, and reconciliation of gold/diamond inventory.

Core Accounting Responsibilities

1. Daily Accounting & Ledger Management

• Record day-to-day accounting entries—sales, purchases, receipts, payments, credit notes, debit notes, journal vouchers.
• Maintain accurate general ledger, sub-ledgers, and subsidiary books.
• Ensure proper classification of expenses and revenue as per accounting standards.
• Manage B2B and B2C entries as per GST rules.

2. Reconciliation & Financial Control

• Monthly reconciliation of:
• Bank accounts
• Customer and vendor ledgers
• Inter-branch accounts (if applicable)
• Cash book
• POS/card/UPI collections
• Daily cash flow tracking and preparation of Cash Reconciliation Statements.
• Verify and reconcile jewellery stock accounting:
• Gold (gross weight/net weight/purity)
• Wastage and melting loss
• Diamonds and gemstones
• Bullion purchases and adjustments

3. GST & Statutory Compliance

• Prepare and file GST returns (GSTR-1, GSTR-3B) and maintain supporting documents.
• Maintain accurate HSN-wise, purity-wise, and item-wise tax data.
• Reconcile GST input credit, vendor GSTR-2A/2B, and rectify mismatches.
• Prepare TDS workings, payment challans, and quarterly TDS returns.
• Maintain compliance for:
• BIS/HUID billing records
• E-way bills
• Audit documentation

4. Billing, Sales Accounting & Documentation

• Verify and enter GST-compliant jewellery invoices (including hallmarking/HUID details).
• Ensure correctness of rates, discounts, gold rate updates, diamond pricing, and making charges.
• Record:
• Customer advances
• Gold exchange accounting (old gold purchase book)
• Return and replacement accounting
• Maintain documentation for sales orders, delivery challans, and vendor bills.

5. Inventory Accounting (Gold, Diamonds, Stones)

• Enter and track karigar issue-return entries, repair jobs, and production-related movements.
• Reconcile:
• Stock transfer notes
• Purchase orders vs. received stock
• Production wastage
• Stone consumption sheets
• Assist in monthly/quarterly physical stock audits and valuation of gold/diamond inventory.

6. MIS & Reporting

• Prepare periodic reports:
• Debtors/Creditors ageing
• Cash flow reports
• Daily sales & collection summary
• Expense analysis
• Stock movement report
• Assist in preparation of P&L, Balance Sheet schedules, and management MIS.

Required Skills & Competencies

• Strong accounting fundamentals (AS/IND-AS basics).
• Advanced knowledge of GST, TDS, and statutory compliance.
• Proficiency in Tally ERP / Jewellery ERP (Jewel Star, Jewel Soft, Logic, Marg, etc.).
• Strong Excel skills (Pivot Tables, VLOOKUP/XLOOKUP, MIS reporting).
• Ability to maintain confidentiality and ensure financial accuracy.
• Experience with jewellery accounting (gold/diamond stock) preferred.

Qualifications

• B.Com / M.Com / MBA Finance
• 2–6 years of accounting experience
• Experience in jewellery sector is a strong advantage

Job Types: Full-time, Permanent

Pay: ₹18,664.75 - ₹33,318.20 per month

Benefits:

• Health insurance
• Life insurance
• Provident Fund

Ability to commute/relocate:

• Bangalore, Karnataka: Reliably commute or planning to relocate before starting work (Required)

Experience:

• JEWELLERY: 1 year (Required)

Work Location: In person