Senior Accountant

Job Description

We are seeking an experienced and meticulous Senior Accountant to manage the complete financial and accounting operations of our steel trading business. The ideal candidate will have 5+ years of core accounting experience, with deep expertise in managing high-volume trading accounts, inventory tracking, GST, TDS, and statutory tax filings. You will be responsible for ensuring seamless cash flow management, precise financial reporting, and strict legal compliance unique to the steel industry.

Key Responsibilities

• Steel Trading Operations & Inventory Accounting
• • Manage high-volume trade accounting for domestic and inter-state purchase and sale of steel products (e.g., TMT bars, HR/CR coils, billets, structural steel).
• • Track inventory meticulously in Tally, handling complex unit conversions (e.g., converting pieces, bundles, or meters into metric tonnes) and managing weight tolerances/shortages.
• • Oversee transport and logistics accounts, including verifying freight bills, loading/unloading charges, and handling transporter ledgers.
• • Reconcile physical stock with book inventory regularly to identify and resolve discrepancies.
• 📊 Taxation & Compliance (GST & TDS)
• • Handle end-to-end GST compliance, including preparing and filing GSTR-1 and GSTR-3B, and performing monthly reconciliations of GSTR-2B/2A with purchase registers.
• • Generate and manage E-Way Bills and E-Invoices seamlessly for dispatching heavy steel consignments.
• • Calculate and deposit monthly TDS / TCS (Section 206C-1H applicable to high-value goods sale) and ensure timely filing of quarterly TDS returns (Form 24Q, 26Q).
• • Prepare documentation for tax audits, income tax returns (ITR), and represent the company before tax consultants during assessments.
• 💸 Financial Management & Ledger Reconciliation
• • Perform rigorous ledger reconciliation for major steel manufacturers (e.g., SAIL, JSW, Tata Steel), local traders, and institutional clients.
• • Monitor accounts receivable and payable, generating aging reports to ensure timely collections and manage working capital.
• • Handle bank reconciliations (BRS) and manage banking credit facilities such as Cash Credit (CC), Letter of Credit (LC), and Bank Guarantees (BG) common in trading.
• 📝 General Accounting & Reporting
• • Finalize books of accounts, including preparing Profit & Loss (P&L) statements, Balance Sheets, and trial balances.
• • Maintain complete day-to-day accounts in Tally, including journal vouchers, cash/bank books, and expense logging.
• • Provide weekly cash flow reports and financial insights to management to aid strategic procurement decisions.

Requirements

• • Education: B.Com, M.Com, or Inter-CA/Inter-CMA.
• • Experience: Minimum 5 years in core accounting, with at least 2 years in a trading business (preference given to steel, metals, or construction material trading).
• • Software Mastery: Advanced proficiency in Tally Prime / Tally ERP 9 and MS Excel (VLOOKUP, Pivot Tables, formulas).
• • Domain Knowledge: Expert understanding of GST/TCS regulations for commodities and weight-based trading accounts.
• • Attributes: Strong analytical mindset, sharp attention to detail, and ability to handle high-value transactions under tight timelines.

Skills