Job Preference:
Experience in any of the following industries will be an advantage:
* Sports equipment / sports retail
* Retail / trading
* Wholesale distribution
* E-commerce
* Consumer products
* Inventory-heavy businesses
Monday to Saturday (10 am - 8 pm)
Qualification:
Bachelor of Commerce, CA (Semi Qualified), MBAJob Description:
Key Responsibilities
1. Day-to-Day Accounting
* Handle complete day-to-day accounting entries for the organization.
* Record and verify *sales, purchase, receipt, payment, journal, debit note and credit note entries*.
* Maintain proper accounting records for retail, wholesale, institutional and other business transactions.
* Ensure all transactions are recorded accurately and on time.
* Maintain proper supporting documentation for every accounting entry.
* Review ledgers and identify discrepancies, missing entries, duplicate entries or incorrect postings.
2. Sales & Retail Accounting
* Handle daily accounting for retail store sales.
* Record and reconcile *cash, UPI, card, bank and other payment modes*.
* Reconcile daily sales with POS/billing records and accounting software.
* Verify discounts, returns, cancellations and credit notes.
* Track customer receivables and outstanding payments.
* Coordinate with the sales/store team to resolve billing or accounting discrepancies.
3. Purchase & Vendor Accounting
* Enter and verify all purchase invoices.
* Maintain vendor ledgers and outstanding statements.
* Verify purchase invoices against purchase orders, delivery documents and stock received.
* Track vendor payments and payment schedules.
* Reconcile supplier statements and resolve differences.
* Maintain proper records of GST and other tax components in purchase invoices.
4. Inventory & Stock Accounting
The candidate will be responsible for:
* Accounting for sports equipment, footwear, apparel, accessories and other inventory.
* Maintaining accurate stock-related accounting records.
* Reconciliation of *physical stock, system stock and accounting records*.
* Recording stock inward, stock outward, stock transfers, returns and adjustments.
* Coordinating with the store/warehouse team regarding stock discrepancies.
* Supporting inventory valuation and stock reconciliation.
* Monitoring slow-moving, damaged, returned and obsolete stock from an accounting perspective.
* Ensuring correct purchase cost, selling price, discounts and applicable taxes are recorded.
5. GST & Taxation
The candidate should have practical working knowledge of GST and be able to independently manage routine GST-related accounting and compliance work, including:
* GST accounting for sales and purchases.
* Verification of GST rates, HSN/SAC and tax applicability.
* Input Tax Credit reconciliation.
* Sales and purchase reconciliation with GST records.
* Preparation and coordination of GST returns such as *GSTR-1 and GSTR-3B*, as applicable.
* Handling GST-related reconciliations, amendments, credit/debit notes and discrepancies.
* Supporting e-invoicing and e-way bill processes wherever applicable.
* Maintaining proper GST documentation and records.
GST’s official return guidance specifically includes outward supply reporting and supplies made through e-commerce operators in GSTR-1; GSTR-3B is also supported by system-generated data and reconciliation workflows.
6. TDS / TCS & Income-Tax Related Work
* Calculate and account for TDS/TCS wherever applicable.
* Ensure proper recording of tax deductions and collections.
* Coordinate for timely payments and filing of applicable TDS/TCS returns.
* Maintain TDS-related records, certificates and reconciliations.
* Reconcile tax-related balances with books and government records.
* Coordinate with the Chartered Accountant for taxation matters, assessments and annual requirements.
The Income Tax Department’s current e-filing framework provides for TDS/TCS return filing and related compliance through the tax portals.
7. Banking & Reconciliation
* Perform regular bank reconciliation.
* Verify bank transactions against accounting records.
* Identify and resolve unmatched receipts/payments.
* Track cheque, NEFT, RTGS, UPI, card and other banking transactions.
* Maintain accurate cash and bank balances.
* Prepare payment summaries and cash-flow information whenever required.
8. E-Commerce Accounting
Responsibilities may include:
* Accounting for online sales and marketplace orders.
* Reconciliation of orders with sales invoices.
* Reconciliation of *marketplace settlements, payment gateway collections and bank credits*.
* Accounting for marketplace commissions, shipping charges, platform fees, refunds and returns.
* Reconciliation of customer returns and cancelled orders.
* Tracking GST/tax deductions and other charges applied by online platforms.
* Preparing periodic e-commerce sales and settlement reports.
* Coordinating with the e-commerce/operations team to resolve settlement and accounting differences.
9. Accounts Receivable & Payable
* Maintain accurate customer and vendor ledgers.
* Track outstanding receivables and payables.
* Follow up internally on overdue customer payments.
* Prepare ageing reports.
* Schedule vendor payments based on due dates and management instructions.
* Reconcile old outstanding balances and close unnecessary/open items.
10. MIS & Management Reporting
Prepare regular financial and operational reports for management, including:
* Daily/weekly/monthly sales reports.
* Purchase reports.
* Outstanding receivable and payable reports.
* Stock and inventory reports.
* GST/tax summaries.
* Bank and cash position.
* Gross margin / profitability-related reports.
* Expense summaries.
* Store-wise / channel-wise sales analysis.
* E-commerce settlement reports.
The candidate should be able to convert accounting data into *clear and useful management information*, not just enter transactions.
11. Audit & CA Coordination
* Coordinate with the company’s Chartered Accountant and external professionals.
* Provide books, ledgers, invoices, supporting documents and reconciliations required for audits and filings.
* Prepare schedules and supporting workings.
* Ensure books are properly maintained before year-end closure.
* Assist with statutory and financial reporting requirements.
As an LLP, the business has annual filing obligations including *LLP Form 11 (Annual Return)* and *LLP Form 8 (Statement of Account & Solvency)*, subject to the applicable requirements.
---
Skills:
The selected candidate should be capable of managing the accounting cycle from *daily sales and purchase entries to reconciliations, inventory accounting, GST, TDS/TCS, banking, e-commerce settlements, MIS, audit coordination and year-end accounting*, with support from the company’s CA wherever required.