Sr. Accounts Executive (IPCC)

Job Title: Accounts Executive (CA IPCC)

Company Website: https://modist.global/

Key Responsibilities

• Accounting & Financial Management
• Record daily sales, purchases, receipts, payments, expenses, and journal entries.
• Maintain accurate books of accounts in accordance with applicable accounting principles.
• Manage general ledger, customer accounts, supplier accounts, and intercompany transactions.
• Perform regular bank, cash, customer, and supplier reconciliations.
• Maintain accounts receivable and payable records and prepare ageing reports.
• Monitor outstanding payments, collections, and accounting discrepancies.
• GST Compliance & Indian Taxation
• Prepare and verify GST workings, including input tax credit (ITC), output GST, reverse charge mechanism (RCM), and applicable GST rates.
• Prepare and reconcile GSTR-1, GSTR-3B, GSTR-2B, and purchase register data.
• Reconcile books of accounts with GST portal data and identify discrepancies in input tax credit.
• Monitor GST compliance for sales, purchases, credit notes, debit notes, and applicable e-commerce transactions.
• Assist with GST return filing, annual returns, and related reconciliations, including GSTR-9 and GSTR-9C wherever applicable.
• Ensure proper documentation and accounting treatment for intra-state and inter-state transactions, exports, and applicable zero-rated supplies.
• Handle TDS calculations, deductions, deposit tracking, and preparation and reconciliation of TDS returns.
• Assist with income tax computations, advance tax workings, and other applicable statutory tax compliances.
• Coordinate with tax consultants and auditors for assessments, notices, reconciliations, and statutory requirements.
• Sales Billing & E-commerce Reconciliation
• Prepare and issue accurate sales invoices, credit notes, and debit notes in compliance with GST invoicing requirements.
• Reconcile e-commerce and marketplace sales with settlement reports, bank receipts, and books of accounts.
• Account for sales returns, refunds, marketplace commissions, payment gateway charges, and other deductions.
• Reconcile GST on marketplace transactions with relevant settlement statements and tax reports.
• Prepare monthly sales reconciliation and outstanding payment reports.
• Final Accounts & Financial Reporting
• Independently prepare Trial Balance, Profit & Loss Account, and Balance Sheet.
• Prepare supporting schedules and perform year-end adjustments, including accruals, provisions, prepayments, and depreciation.
• Support monthly, quarterly, and annual financial closing activities.
• Ensure proper classification of expenses, assets, liabilities, revenue, and other financial transactions.
• Assist in the preparation of financial statements and audit schedules.
• Coordinate with internal and external auditors during statutory and financial audits.
• MIS & Documentation
• Prepare monthly financial reports, expense summaries, and reconciliation statements.
• Maintain organised accounting records, invoices, tax documents, and supporting schedules.
• Identify and resolve discrepancies in accounting entries, GST data, and financial reports.
• Ensure compliance with internal financial controls and reporting deadlines.

Requirements

• Minimum 3 years of practical accounting experience.
• CA Intermediate/IPCC qualified or appeared; CA dropouts are welcome.
• Strong knowledge of Indian accounting principles and double-entry bookkeeping.
• Hands-on experience in GST compliance, return preparation, and input tax credit reconciliation.
• Practical knowledge of TDS, statutory compliance, and Indian taxation.
• Proven experience in preparing final accounts, including Trial Balance, Profit & Loss Account, and Balance Sheet.
• Experience in e-commerce or marketplace accounting and reconciliation will be preferred.
• Strong working knowledge of Microsoft Excel, including Pivot Tables, VLOOKUP