Senior Accountant

Role: Senior Accounts Executive Intermediate - 7 to 10 years Employment Type: Full Time, Permanent Reports To: Director Department: Accounts Education: B.Com in Finance & above Work Location: TDMC – Unit 2 Peenya, Bengaluru Shift: General Shift Overview: The Senior Accounts Executive is a senior finance leader with 7 to 10 years’ experience; responsible for supervising the entire accounting function, reviewing all key entries and reports, and ensuring books are accurate and up to date. The role manages and guides the Accounts Executive and Data Entry Operator; allocates work; reviews performance; coaches the team on accounting standards, controls and company policies. The Senior Accounts Executive is accountable for accurate financial records, timely monthly closing, strong internal controls and full compliance with tax and statutory requirements. The role also drives process improvement in billing, collections, payments, reconciliations and reporting so that the finance function becomes faster, more reliable and more transparent. The Senior Accounts Executive manages the finance team’s workload and basic budget for tools or resources; prepares clear financial summaries and insights for senior management; and supports planning and decision making with reliable numbers and practical recommendations. Roles & Responsibility Team Leadership & Management ● Supervise and guide the Accounts Executive and Accounts or Data Entry Operator; assign daily tasks; monitor progress; review work quality; ensure accounting deadlines are met. ● Set clear goals and key performance indicators for each team member; conduct regular performance reviews; give constructive feedback; recognise good work; handle underperformance with clear actions. ● Identify skill gaps and training needs; support learning like formal courses or Tally skills; cross train team members so work can be shared; mentor high potential staff for bigger roles. ● Plan hiring when team capacity is low or new skills needed; define job descriptions; work with HR on sourcing; conduct technical and behavioural interviews; recommend suitable candidates; ensure smooth onboarding. ● Hold short periodic team meetings to align priorities and share management updates; encourage open discussion of issues and ideas; appreciate team achievements and maintain a respectful work environment. ● Be available for day to day questions; give clarity on processes, approvals and policies; help resolve conflicts within the team; support extra during peak periods like month end, audits and GST filings. Accounting Operations Oversight ● Supervise and guide the Accounts Executive and Accounts or Data Entry Operator; assign daily tasks; monitor progress; review work quality; ensure accounting deadlines are met. ● Set clear goals and key performance indicators for each team member; conduct regular performance reviews; give constructive feedback; recognise good work; handle underperformance with clear actions. ● Identify skill gaps and training needs; support learning like formal courses or Tally skills; cross train team members so work can be shared; mentor high potential staff for bigger roles. ● Plan hiring when team capacity is low or new skills needed; define job descriptions; work with HR on sourcing; conduct technical and behavioural interviews; recommend suitable candidates; ensure smooth onboarding. ● Hold short periodic team meetings to align priorities and share management updates; encourage open discussion of issues and ideas; appreciate team achievements and maintain a respectful work environment. ● Be available for day to day questions; give clarity on processes, approvals and policies; help resolve conflicts within the team; support extra during peak periods like month end, audits and GST filings. Accounts Receivable & Collection Management ● Track payment due dates on all outstanding invoices; prepare daily list of upcoming due and overdue payments; remind customers before due date via email or message; monitor reminder follow up. ● Implement structured collection process starting with friendly reminder for invoices one to seven days overdue; escalate to telephone and formal email for eight to thirty days; raise dunning notice and involve Sales for thirty to sixty days; escalate to senior management and legal for sixty plus days. ● Investigate and resolve payment discrepancies such as short payments or disputes; verify original invoice; process credit notes or adjustment where warranted; reconcile payment and clear from overdue list. ● Generate monthly accounts receivable ageing report grouping invoices by age; highlight top overdue and key at risk customers; analyse Days Sales Outstanding trend against credit terms granted; report collection rate and bad debt exposure. ● Track and report collection statistics including percentage paid on time with target above ninety five percent, percentage paid late by bucket, average Days Sales Outstanding and estimated bad debt from invoices over ninety days. ● Monitor customer credit limits; compare actual outstanding against approved limit; alert Sales if customer approaching limit; escalate for limit increase approval; place credit hold if significantly exceeded. ● Analyse customer payment patterns; identify consistent late payers; recommend revised terms such as reduced credit period or prepayment requirement; feed information to Sales for relationship review. ● Support effective cash flow by maintaining discipline on collections, escalating overdue balances timely and using data to forecast and manage receivable risk. Financial Reporting & Analysis ● Prepare monthly Profit and Loss, Balance Sheet and simple Cash Flow summaries with key schedules for receivables, payables, inventory and fixed assets; ensure all figures tie to the general ledger and are free from basic errors. ● Close monthly accounts within 5 to 7 working days; issue quick preliminary Profit and Loss to management soon after month end; share