jewelry accountant manages a jewelry businesss financial records including handling accounts payable/receivable payroll and inventory. Key duties involve preparing financial statements ensuring tax and regulatory compliance (like GST and TDS) and performing cost analysis for pricing strategies. Proficiency with accounting software such as Tally and advanced Excel skills are essential for this role.
Core responsibilities
Financial record management: Maintain accurate books process invoices and handle daily transactions.
Financial reporting: Prepare financial statements reports and assist with audits.
Inventory and cost accounting: Manage and value jewelry inventory and assist with cost accounting and pricing strategies.
Taxation and compliance: Ensure compliance with tax laws including filing GST and TDS returns and manage payroll.
Cash flow and banking: Monitor cash flow and manage banking activities.
Strategic support: Provide financial analysis and insights to management for decision-making.
Required skills and qualifications
Education: A bachelors degree in Accounting or Finance; a CA or ICWA qualification is a plus.
Experience: Typically requires 2-5 years of accounting experience preferably in the jewelry industry.
Software proficiency: Must be proficient in accounting software like Tally and advanced Excel (including PivotTables and Power Query).
Analytical skills: Strong analytical problem-solving and data analysis abilities.
Soft skills: Excellent attention to detail strong organizational skills and good communication abilities.