Accountant

Job Description – Accountant

Company: Musicians Mall

Position: Accountant / Accounts Executive

Key Responsibilities

1. GST & Taxation

• Prepare and file GST returns (GSTR-1 and GSTR-3B).
• Maintain GST purchase and sales records.
• Reconcile GSTR-2B with purchase entries.
• Handle GST input tax credit (ITC) reconciliation.
• Maintain TDS records, deductions, payments and returns.
• Coordinate with the CA for GST, TDS and other compliance requirements.

2. Daily Accounting & Entries

• Maintain daily sales, purchase, receipt and payment entries.
• Record expenses, debit notes and credit notes.
• Maintain accurate books of accounts in Tally.
• Handle journal entries, ledger scrutiny and reconciliations.
• Maintain petty cash and cash transactions.

3. Banking & Payments

• Manage daily banking transactions.
• Prepare vendor and supplier payments.
• Track outstanding customer payments and follow up for collections.
• Perform bank reconciliation regularly.
• Monitor payment gateway settlements, UPI and card payments.
• Maintain records of cheques, NEFT, RTGS and other bank transfers.

4. Accounts Payable & Receivable

• Maintain supplier and customer ledgers.
• Track payment due dates and outstanding balances.
• Prepare weekly payment schedules.
• Reconcile supplier statements and customer accounts.
• Ensure timely payment processing after management approval.

5. Reporting & Documentation

• Prepare daily cash and bank balance reports.
• Prepare weekly outstanding payment and collection reports.
• Maintain proper filing of invoices, bills and vouchers.
• Assist in monthly closing and preparation of financial reports.
• Coordinate with management and the CA during audits.

Skills Required

• Good knowledge of Tally Prime and MS Excel.
• Practical knowledge of GST and TDS.
• Experience in banking, payment processing and reconciliations.
• Strong understanding of basic accounting principles.
• Good organizational skills and accuracy.
• Ability to independently manage day-to-day accounts.