Accountant/SR Accountant/Gold And Diamond Sales

Job highlights

• PF, Laptop, Health InsuranceJob DescriptionRoles and Responsibilities of an ACCONTANTDay-to-Day Bookkeeping & Accounting: Maintain accurate ledgers for daily sales, purchases, operating expenses, and supplier payments using software like Tally or Zoho BooksInventory & Gold Stock Accounting: Track gold and ornament stock by gross weight, net weight, and purity (such as 22K/916 or 18K). Conduct periodic physical stock verifications and reconcile them with system recordsSpecialized Pricing & Costing: Calculate and verify making charges, stone values, wastage allowances, and daily market-rate revaluations. Calculating taxes and submitting tax returns to comply with the lawBilling & Invoice Compliance: Review daily billing transactions to ensure accurate pricing, hallmarking details, and adherence to store and legal standards. Suggesting financial policies and procedures based on the overall financial status of the organisation Old Gold & Exchange Settlements:Record and reconcile transactio

Roles and Responsibilities of an ACCONTANT Day-to-Day Bookkeeping & Accounting: Maintain accurate ledgers for daily sales, purchases, operating expenses, and supplier payments using software like Tally or Zoho Books Inventory & Gold Stock Accounting: Track gold and ornament stock by gross weight, net weight, and purity (such as 22K/916 or 18K). Conduct periodic physical stock verifications and reconcile them with system records Specialized Pricing & Costing: Calculate and verify making charges, stone values, wastage allowances, and daily market-rate revaluations. Calculating taxes and submitting tax returns to comply with the law Billing & Invoice Compliance: Review daily billing transactions to ensure accurate pricing, hallmarking details, and adherence to store and legal standards. Suggesting financial policies and procedures based on the overall financial status of the organisation   Old Gold & Exchange Settlements: Record and reconcile transactions when customers exchange old gold or sell scrap jewellery for new ornaments. Maintain the privacy of financial information, and when necessary, backup databases   Compliance (GST & TDS): File indirect and direct tax returns, handle 3% GST on ornament sales, and manage Input Tax Credit (ITC) tracking on making charges and job-work expenses. Metal Loan (GML) & Cash Flow Management: Track Gold Metal Loans, monitor daily cash flow, and reconcile bank statements, cash drawers, and merchant card terminals. Financial Reporting & Audits:  Prepare periodic MIS reports, inventory valuation summaries, profit-and-loss statements, and coordinate with external auditors or Chartered Accountants (CAs). Auditing financial documents to ensure they are accurate and maintaining the confidentiality of the financial data Managing the company’s accounts to ensure on-time payment and overseeing the software system for financial needs Rectify any anomalies or inconsistencies they discover in the company’s financial document Assess accounting software applications and accounting control procedures Make and evaluate the organisation’s year-end financial accounts Compose budget forecasts