Accountant
Company Overview
WearSuvaa is a dynamic company operating within the D2C (Direct-to-Consumer), e-commerce, and marketplace sectors. The organization emphasizes innovation, customer-centricity, and efficient financial management to support its growth and operational excellence. Located in South Delhi, the company fosters a collaborative and fast-paced work environment focused on delivering quality products and seamless online shopping experiences.
Job Summary
The Accountant will be responsible for managing the company's day-to-day accounting operations, ensuring accurate financial records, compliance with statutory requirements, and reconciliation of online sales and payment transactions. This role is crucial in maintaining financial integrity within a fast-growing online retail environment, supporting strategic decision-making through accurate reporting, and ensuring smooth coordination with auditors, banks, and internal teams.
Responsibilities
- Maintain day-to-day accounting entries in accounting software, ensuring accuracy and timeliness.
- Manage Accounts Payable (AP) and Accounts Receivable (AR) processes, including vendor payments and customer transactions.
- Prepare data and documentation for GST, TDS, TCS, and other statutory compliance filings.
- Perform bank, payment gateway, D2C, and marketplace reconciliations to ensure consistency across all online sales channels.
- Reconcile sales, returns, commissions, delivery fees, and deductions related to online transactions.
- Prepare monthly MIS reports, Profit & Loss (P&L) statements, and cash flow reports for management review.
- Maintain accurate purchase, sales, and inventory records to support financial analysis.
- Process vendor payments and employee reimbursements efficiently.
- Coordinate with auditors, Chartered Accountants (CAs), and internal teams during audits and financial assessments.
- Prepare salary sheets and pay slips for employees.
- Identify and resolve discrepancies in payment settlements through investigation and coordination.
- Assist in budgeting, forecasting, and profitability analysis to support strategic planning.
- Coordinate with banks for loan management and with CA/Company Secretary (CS) for private investments.
Qualifications
- 4-6 years of accounting experience, with at least 1 year in a D2C, e-commerce, retail, marketplace, or consumer business environment.
- Hands-on experience reconciling online sales, refunds, COD remittances, payment gateway settlements, and logistics deductions.
- Strong working knowledge of GST, TDS, TCS, AP, AR, bank, and payment reconciliations.
- Advanced proficiency in Excel or Google Sheets.
- Experience with Tally, Zoho Books, or similar accounting software.
- Ability to independently investigate and resolve reconciliation discrepancies.
Preferred Skills
- Familiarity with online payment systems and marketplace platforms.
- Knowledge of financial compliance specific to e-commerce and online retail.
- Strong analytical and problem-solving skills.
- Excellent communication and coordination abilities.
- Ability to work independently and manage multiple tasks efficiently.
Experience
- Minimum of 4 to 6 years of relevant accounting experience.
- Prior experience in D2C, e-commerce, retail, or marketplace sectors is mandatory.
Environment
This role is based at the company's office located at Praya Innovations Private Limited (Suvāa), 431/D - 22, Chhattarpur Pahari, South Delhi, New Delhi – 110074. The work environment is fast-paced, requiring attention to detail and proactive problem-solving. The position involves regular interaction with internal teams, external auditors, banks, and vendors.
Salary
Salary details are not specified and will be commensurate with experience and qualifications.
This job description is tailored to attract qualified candidates with specific experience in online sales reconciliation and e-commerce accounting, ensuring alignment with the company's operational needs.
