Account Executive - Accounting

About the Role and Industry

This opportunity is with a company operating in the plastic raw material trading sector, based in Mumbai. The ideal candidate will possess 2 to 5 years of experience in accounts and finance, especially within Import/Export or Trading environments.

Key Responsibilities

• Perform daily accounting tasks including recording sales, purchases, receipts, payments, and handling bank and journal entries.
• Maintain accurate ledgers for customers and suppliers, regularly reconciling accounts.
• Manage GST-related accounting processes such as reconciliations, documentation, and filing GSTR-1 and GSTR-3B returns, along with input tax credit reconciliation.
• Calculate, deduct, pay, and file returns related to TDS, ensuring proper record maintenance.
• Oversee accounting for imports including supplier invoices, freight charges, customs duty, IGST, CHA/CFS fees, and other related import expenses.
• Maintain and reconcile Bill of Entry records with accounting books.
• Coordinate with banks concerning foreign currency payments, telegraphic transfers, remittances, and documentation for import payments.
• Track advance payments made to overseas suppliers, manage outstanding balances, and monitor payment due dates.
• Monitor foreign exchange rates and calculate gains or losses arising from exchange differences.
• Prepare shipment-wise landed cost analysis for imported plastic raw materials.
• Perform reconciliation for bank accounts, GST, TDS, supplier and customer accounts.
• Collaborate with Chartered Accountants, auditors, banks, CHA, and other consultants to ensure accounting and compliance requirements are met.
• Maintain thorough documentation including invoices, Bill of Entry, payment records, GST/TDS documentation, and other statutory compliance files.
• Generate daily, weekly, and monthly MIS reports to assist management oversight.
• Ensure timely adherence to all accounting and statutory compliance tasks.

Required Qualifications and Experience

• 2 to 5 years of experience within accounts and finance roles, preferably in Import/Export or trading companies.
• Comprehensive knowledge of GST, TDS, daily accounting operations, and bank reconciliations.
• Experience handling import accounting, including Bill of Entry and foreign currency transactions.
• Proficient in usage of Tally or ERP software and Microsoft Excel.
• Practical exposure to GST reconciliation, TDS returns, and supplier/customer account reconciliation.
• Familiarity with foreign exchange dealings and overseas supplier payments.
• Experience in sectors like plastic, polymer, chemical, or commodity trading is a plus.
• Demonstrated strong attention to detail, excellent follow-up capability, and ability to independently manage day-to-day accounting activities.