Accountant cum Audit Executive

Job Title: Accountant cum Audit Executive – Supermarket

Job Summary

We are seeking a detail-oriented and experienced Accountant cum Audit Executive to manage the financial accounting auditing and compliance functions of our supermarket operations. The ideal candidate will ensure accurate financial reporting monitor internal controls conduct regular audits and support management in maintaining efficient financial and inventory processes.

Key Responsibilities
Accounting Responsibilities
Maintain day-to-day accounting records including sales purchases expenses and bank transactions.
Prepare and process journal entries invoices payments and receipts.
Reconcile cash bank accounts supplier statements and customer accounts.
Prepare monthly quarterly and annual financial statements and reports.
Monitor accounts payable and accounts receivable activities.
Manage payroll processing and statutory deductions.
Ensure compliance with accounting standards tax regulations and company policies.
Assist in budgeting forecasting and financial planning activities.
Support external auditors during statutory audits.
Audit Responsibilities
Conduct regular audits of cash collections POS transactions and store operations.
Verify inventory records through periodic stock counts and physical audits.
Review stock movement wastage shrinkage and inventory variances.
Assess compliance with internal controls policies and procedures.
Identify financial and operational risks and recommend corrective actions.
Prepare audit reports highlighting findings discrepancies and recommendations.
Investigate irregularities fraud risks and financial discrepancies.
Monitor implementation of audit recommendations and corrective measures.
Reporting & Compliance
Generate MIS reports for management review.
Ensure proper documentation and record retention.
Monitor compliance with VAT/GST tax filings and other statutory requirements.
Provide financial insights to improve profitability and operational efficiency.
Required Qualifications
Bachelor's Degree in Accounting Finance Commerce or a related field.
Professional certifications such as CA Inter ACCA CMA CPA or equivalent are an advantage.
3–7 years of accounting and audit experience preferably in supermarkets retail chains or FMCG environments.
Required Skills
Strong knowledge of accounting principles and auditing practices.
Experience with ERP systems accounting software and POS systems.
Proficiency in Microsoft Excel and financial reporting tools.
Knowledge of inventory management and stock control procedures.
Strong analytical problem-solving and attention-to-detail skills.
Excellent communication and report-writing abilities.
Ability to work independently and maintain confidentiality.
Key Performance Indicators (KPIs)
Accuracy of financial records and reports.
Timely completion of audits and reconciliations.
Reduction in inventory shrinkage and stock variances.
Compliance with internal controls and statutory requirements.
Timely submission of financial and audit reports.
Identification and resolution of financial discrepancies.

Required Skills:

#financial accounting #auditing #conduct regular audits #annual financial statements #cash collections #POS transactions