Accounts Executive

Job Title:
Accounts Executive (Tally Software)

Reports To:
Accounts Manager

Direct Reports:
Junior Accounts Executive

Job Purpose:
The Accounts Executive is responsible for managing and overseeing the financial operations of the organisation using Tally software. This role involves handling day-to-day accounting tasks, generating financial reports, ensuring compliance with applicable laws and regulations, and providing accurate financial information to support decision-making processes. The Accounts Executive plays a crucial role in maintaining the financial health and integrity of the company.

Duties and Responsibilities:

1. Utilise Tally software to maintain accurate and up-to-date financial records, including accounts payable/receivable, general ledger entries, and bank reconciliations.
2. Perform routine financial transactions, such as recording invoices, expenses, receipts, and payments, ensuring proper coding and classification of all financial data.
3. Prepare and process journal entries, adjusting entries, and month-end closing activities to ensure accurate financial reporting.
4. Generate financial statements, including balance sheets, profit and loss statements, and cash flow statements, using Tally software.
5. Assist in budgeting and forecasting processes by providing financial data and insights.
6. Monitor and analyse financial performance, highlight variances, and identify areas for improvement.
7. Conduct periodic audits to ensure compliance with internal policies, accounting standards, and regulatory requirements.
8. Collaborate with internal stakeholders (e.g., finance team members, management, department heads) to provide accurate and timely financial information and support decision-making.
9. Assist in the preparation of tax returns, ensuring compliance with relevant tax laws and regulations.
10. Stay updated on the latest developments and enhancements in Tally software to leverage its capabilities effectively.

Qualifications & Attributes:

1. Bachelor's degree in accounting, finance, or a related field.
2. Proven experience in accounting and financial management, preferably using Tally software.
3. Strong knowledge of accounting principles and practices.
4. Proficiency in using Tally software and other accounting software applications.
5. Excellent analytical and problem-solving skills.
6. Attention to detail and accuracy in financial record-keeping and reporting.
7. Good understanding of taxation laws and regulations.
8. Ability to work independently and handle multiple tasks simultaneously.
9. Strong interpersonal and communication skills in English, Gujarati, and Hindi to collaborate effectively with cross-functional teams.
10. High ethical standards and commitment to maintaining the confidentiality of financial information.