# Senior Financial Accountant at POWERMASTER in Mumbai,…

> Source: https://confidential.careers/job-detail/senior-financial-accountant-powermaster-mumbai

# Senior Financial Accountant

POWERMASTER 

** Mumbai, India ** Full Time ** Finance Jobs ** India ** Posted 4d ago

[Apply Now](https://confidential.careers/go/14254013) ** Save 

## Job Description

### Job Description

The role requires a proactive professional who can ensure accurate financial records, maintain statutory compliance, support management with financial insights, and coordinate effectively with auditors, banks, government authorities, and internal stakeholders.

Accounting & Financial Management\n \n 
- Maintain complete books of accounts and ensure accurate recording of all financial transactions.\n 
- Manage general ledger, journal entries, account reconciliations, and month-end/year-end closing activities.\n 
- Prepare monthly, quarterly, and annual financial statements.\n 
- Assist in the preparation and finalization of Balance Sheets, Profit & Loss Statements, Cash Flow Statements, and MIS reports.\n 
- Monitor accounts payable and accounts receivable functions.\n 
- Ensure timely reconciliation of bank accounts, vendor accounts, customer accounts, and inter-company transactions.\n

Taxation & Statutory Compliance\n \n 
- Handle GST compliance, including preparation and filing of returns, reconciliations, and responding to departmental queries.\n 
- Manage TDS calculations, deductions, payments, return filing, and issuance of certificates.\n 
- Ensure compliance with Income Tax, GST, and other applicable statutory regulations.\n 
- Coordinate with tax consultants, auditors, and regulatory authorities during assessments and audits.\n 
- Keep abreast of changes in tax laws and advise management on compliance requirements.\n

Banking & Treasury Management\n \n 
- Manage daily banking transactions and maintain banking relationships.\n 
- Prepare and monitor cash flow forecasts and working capital requirements.\n 
- Handle bank reconciliations, fund transfers, and loan-related documentation.\n 
- Coordinate with banks for credit facilities, bank guarantees, letters of credit, and other banking requirements.\n

Foreign Trade & Import-Export Documentation\n \n 
- Manage accounting and compliance related to import and export transactions.\n 
- Coordinate documentation relating to Letters of Credit (LCs), Bank Guarantees (BGs), foreign remittances, and inward/outward payments.\n 
- Ensure compliance with FEMA regulations and foreign exchange procedures.\n 
- Reconcile foreign currency transactions and monitor exchange rate impacts.\n 
- Liaise with freight forwarders, customs agents, banks, and government authorities as required.\n

Audit & Internal Controls\n \n 
- Coordinate statutory audits, tax audits, and internal audits.\n 
- Prepare schedules, reconciliations, and supporting documents for auditors.\n 
- Establish and maintain effective accounting controls and financial procedures.\n 
- Ensure proper maintenance and safeguarding of financial records and documentation.\n

Software & Systems\n \n 
- Maintain accurate accounting records using Tally ERP/Tally Prime.\n 
- Generate financial reports and MIS from Tally and other accounting systems.\n 
- Support process improvements and automation initiatives within the finance function.\n

Qualifications & Experience\n \n 
- Bachelor‘s Degree in Commerce, Accounting, or Finance (B.Com mandatory).\n 
- CA Inter, CMA, or equivalent qualification preferred.\n 
- Minimum 10 years of accounting and finance experience, preferably in a manufacturing, trading, engineering, or import-export environment.\n 
- Strong hands-on experience with Tally ERP/Tally Prime.\n 
- Thorough knowledge of GST, TDS, Income Tax, accounting standards, and statutory compliance.\n 
- Experience handling import-export transactions, foreign remittances, and banking documentation.\n 
- Proficiency in Microsoft Excel and financial reporting tools.\n

Key Skills & Competencies\n \n 
- Strong analytical and problem-solving abilities.\n 
- Excellent understanding of accounting principles and financial controls.\n 
- High level of accuracy and attention to detail.\n 
- Ability to work independently with minimal supervision.\n 
- Strong organizational and time-management skills.\n 
- Good communication and coordination skills.\n 
- Ability to manage multiple priorities and meet statutory deadlines.\n

Reporting To\n Finance Head / Managing Director

Employment Type\n Full-Time

Location\n Kopar Khairne

Compensation\n Competitive salary commensurate with qualifications and experience.

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\n HOW TO APPLY:

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\n email your resume to HR@POWERMASTER.IN & DAYA.K@POWERMASTER.IN 

Posted August 19, 2026
