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Prithvi Inner Wears Private Limited
Senior Account ExecutivePrithvi Inner Wears Private Limited • Thoothukkudi, IN
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Senior Account Executive

Senior Account Executive

Prithvi Inner Wears Private Limited • Thoothukkudi, IN
17 days ago
Job description
Job Summary The Senior Accounts Officer is responsible for managing the company's accounting operations, ensuring accurate financial reporting, statutory compliance, cost monitoring, and maintaining financial records. The role requires strong knowledge of manufacturing accounting, inventory control, taxation, payroll accounting, and financial analysis specific to the garments industry. Key Responsibilitie sFinancial Accountin gMaintain accurate books of accounts in accordance with applicable accounting standards .Prepare journal entries, general ledger reconciliations, and monthly closing activities .Monitor accounts payable and accounts receivable .Ensure timely bank reconciliations and cash flow management .Prepare monthly, quarterly, and annual financial statements .Manufacturing & Cost Accountin gMonitor production costs, material consumption, and manufacturing overheads .Analyze cost variances and recommend corrective actions .Verify production-related expenses and inventory valuation .Coordinate with the production and merchandising departments regarding costing and financial controls .Assist in product costing and profitability analysis .Inventory Managemen tMonitor raw materials, work-in-progress (WIP), finished goods, and consumables .Reconcile physical stock with accounting records .Coordinate periodic inventory verification and stock audits .Ensure accurate inventory accounting in the ERP system .Statutory Complianc eEnsure timely compliance with GST, TDS, Income Tax, Professional Tax, and other statutory requirements .Prepare and file statutory returns within prescribed timelines .Coordinate with statutory, internal, and tax auditors .Maintain statutory registers and financial documentation .Payroll & Employee Benefit sVerify payroll accounting entries .Ensure proper accounting of salaries, wages, PF, ESI, gratuity, bonus, and leave encashment .Coordinate with the HR department regarding payroll reconciliation .Budgeting & Financial Reportin gAssist in preparing annual budgets and periodic forecasts .Generate MIS reports for management .Analyze financial performance and recommend improvements .Support management in financial planning and decision-making .Internal Control sEnsure compliance with company financial policies and procedures .Strengthen internal controls to safeguard company assets .Review financial transactions for accuracy and authorization .Support process improvements and automation initiatives .Vendor & Customer Account sMonitor vendor payments and customer collections .Resolve account discrepancies promptly .Maintain healthy relationships with vendors, banks, auditors, and external agencies .Team Managemen tSupervise Accounts Officers and Accounts Assistants .Provide guidance and training to junior team members .Allocate work and review accounting activities to ensure accuracy and timeliness . Educational Qualificati onBachelor's Degree in Commerce (B.Com ).Master's Degree in Commerce (M.Com) preferre d.CA Inter / CMA Inter / MBA (Finance) is an added advantag e. Experie nce3-5 years of experience in Finance & Accoun ts.Minimum 1 years of experience in a garments manufacturing or textile industry preferr ed.
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Senior Account Executive • Thoothukkudi, IN

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