JR & SR ACCOUNTANT

POSITION: Junior / Senior Accountant

TYPE: Full-Time [Mon-Sat, 11 AM 7:30 PM]

LOCATION: Kala Ghoda, Mumbai

ONLY APPLICANTS BASED IN MUMBAI and on IMMEDIATE JOINING BASIS WILL BE CONSIDERED.

About SDS by KUSHAL SHAH:

• SDS by KUSHAL SHAH is a men's luxury brand specializing in Prt, Couture, and Bespoke.
• We focus on refined design aesthetics, craftsmanship, and service, creating a seamless balance between luxury and contemporary style.
• Rooted in an edgy yet timeless design philosophy, our collections reflect an evolving yet consistent creative vision.
• Our parent company, Sheetal, has been a pioneer in Indian fashion retail for over 50 years
• Industry icons such as Hemant Trivedi, Manish Malhotra, and Aki Narula began their creative journeys at SDS before launching their own labels.

KEY RESPONSIBILITY AREAS (KRAs)

1. Day-to-Day Accounting & Bookkeeping (Tally Prime)

Maintain accurate books of accounts on Tally Prime

Record daily financial transactions (sales, purchases, expenses, receipts, journals)

Classify accounts under correct ledgers & cost centers

Monitor cash, bank balances & fund movements daily

Reconcile bank statements, cash books & ledgers regularly

Ensure all entries have proper documentation & approvals

2. Financial Reporting & MIS Management

Prepare monthly/quarterly/annual financial statements (P&L, Balance Sheet, Cash Flow)

Generate MIS reports covering revenue, expenses, profitability, cost analysis

Track budget vs actuals & flag variances with explanations

Assist management with financial forecasting & planning

Maintain structured financial records for internal & external reporting

3. Payroll, Incentives & Compensation

Process monthly payroll accurately

Calculate salaries, incentives, OT, deductions & statutory contributions

Ensure timely salary disbursement & compliance with payroll schedules

Maintain payroll & employee compensation records

Address payroll queries confidentially

Ensure compliance with labor laws & payroll regulations

4. Sales Reconciliation & Revenue Accounting

Reconcile sales daily/weekly/monthly across channels

Match POS, invoices, bank receipts & accounting records

Coordinate with sales & ops to resolve discrepancies

Track receivables, follow up on payments & maintain ageing reports

Ensure accurate revenue recognition per accounting standards

5. Inventory Accounting & Stock Reconciliation

Maintain accurate inventory records

Reconcile physical stock with accounting/system records

Track inventory movement, consumption, returns & adjustments

Assist in stock valuation & cost tracking

Flag variances & support corrective actions

Support inventory audits & stock checks

6. Statutory Compliance & Taxation

Manage TDS calculations, deductions and challans

Provide data and coordinate with consultants for return filings, notices etc.

Maintain accurate statutory records

7. Audit Support & Documentation

Assist in internal & external audits with schedules & documentation

Keep financial records audit-ready

Respond to audit queries & explain transactions/variances

Support implementation of audit recommendations

Maintain organized financial docs for compliance

8. Financial Controls & Process Improvement

Monitor financial controls to prevent errors & leakages

Help improve accounting systems & workflows

Identify inefficiencies & suggest corrective measures

Support automation & structured reporting

Ensure adherence to internal policies & SOPs

9. Management Support & Cross-Functional Coordination

Provide financial data & insights for management decisions

Coordinate with HR, sales, production & ops for financial alignment

Support leadership with ad-hoc financial analysis

Maintain confidentiality & integrity of financial info

REQUIREMENTS & QUALIFICATIONS

Bachelor's in Accounting/Finance or related field

36 yrs relevant accounting experience

Strong proficiency in Tally Prime and Excel

Solid understanding of GST, TDS, payroll, reconciliation, inventory accounting

High attention to detail & accuracy

Strong organizational & documentation skills

Ability to handle sensitive financial info with discretion

Based in Mumbai or commutable to Kala Ghoda