POSITION: Junior / Senior Accountant TYPE: Full-Time [Mon-Sat, 11 AM – 7:30 PM] LOCATION: Kala Ghoda, Mumbai ONLY APPLICANTS BASED IN MUMBAI and on IMMEDIATE JOINING BASIS WILL BE CONSIDERED.About SDS by KUSHAL SHAH:SDS by KUSHAL SHAH is a men’s luxury brand specializing in Prêt, Couture, and Bespoke.We focus on refined design aesthetics, craftsmanship, and service, creating a seamless balance between luxury and contemporary style.Rooted in an edgy yet timeless design philosophy, our collections reflect an evolving yet consistent creative vision.Our parent company, Sheetal, has been a pioneer in Indian fashion retail for over 50 yearsIndustry icons such as Hemant Trivedi, Manish Malhotra, and Aki Narula began their creative journeys at SDS before launching their own labels.KEY RESPONSIBILITY AREAS (KRAs) 1. Day-to-Day Accounting & Bookkeeping (Tally Prime)• Maintain accurate books of accounts on Tally Prime• Record daily financial transactions (sales, purchases, expenses, receipts, journals)• Classify accounts under correct ledgers & cost centers• Monitor cash, bank balances & fund movements daily• Reconcile bank statements, cash books & ledgers regularly• Ensure all entries have proper documentation & approvals2. Financial Reporting & MIS Management• Prepare monthly/quarterly/annual financial statements (P&L, Balance Sheet, Cash Flow)• Generate MIS reports covering revenue, expenses, profitability, cost analysis• Track budget vs actuals & flag variances with explanations• Assist management with financial forecasting & planning• Maintain structured financial records for internal & external reporting3. Payroll, Incentives & Compensation• Process monthly payroll accurately• Calculate salaries, incentives, OT, deductions & statutory contributions• Ensure timely salary disbursement & compliance with payroll schedules• Maintain payroll & employee compensation records• Address payroll queries confidentially• Ensure compliance with labor laws & payroll regulations4. Sales Reconciliation & Revenue Accounting• Reconcile sales daily/weekly/monthly across channels• Match POS, invoices, bank receipts & accounting records• Coordinate with sales & ops to resolve discrepancies• Track receivables, follow up on payments & maintain ageing reports• Ensure accurate revenue recognition per accounting standards5. Inventory Accounting & Stock Reconciliation• Maintain accurate inventory records• Reconcile physical stock with accounting/system records• Track inventory movement, consumption, returns & adjustments• Assist in stock valuation & cost tracking• Flag variances & support corrective actions• Support inventory audits & stock checks6. Statutory Compliance & Taxation• Manage TDS calculations, deductions and challans• Provide data and coordinate with consultants for return filings, notices etc.• Maintain accurate statutory records7. Audit Support & Documentation• Assist in internal & external audits with schedules & documentation• Keep financial records audit-ready• Respond to audit queries & explain transactions/variances• Support implementation of audit recommendations• Maintain organized financial docs for compliance8. Financial Controls & Process Improvement• Monitor financial controls to prevent errors & leakages• Help improve accounting systems & workflows• Identify inefficiencies & suggest corrective measures• Support automation & structured reporting• Ensure adherence to internal policies & SOPs9. Management Support & Cross-Functional Coordination• Provide financial data & insights for management decisions• Coordinate with HR, sales, production & ops for financial alignment• Support leadership with ad-hoc financial analysis• Maintain confidentiality & integrity of financial infoREQUIREMENTS & QUALIFICATIONS • Bachelor’s in Accounting/Finance or related field• 3–6 yrs relevant accounting experience• Strong proficiency in Tally Prime and Excel• Solid understanding of GST, TDS, payroll, reconciliation, inventory accounting• High attention to detail & accuracy• Strong organizational & documentation skills• Ability to handle sensitive financial info with discretion• Based in Mumbai or commutable to Kala Ghoda
Job Title
JR & SR ACCOUNTANT