Chartered Accountant

About the Role

JOHNAIC is looking for a newly qualified Chartered Accountant to manage and take ownership of the company's day-to-day finance and accounting operations. This is a hands-on role covering accounting, bookkeeping, payroll, salary payments, invoicing, GST and TDS compliance, banking relationships, Letters of Credit (LCs), working-capital facilities, company loans, and financial reporting.

Key Responsibilities

• Accounting and Bookkeeping
• Maintain accurate books of accounts and financial records.
• Record and reconcile sales, purchases, expenses, receipts, and payments.
• Perform regular bank, vendor, customer, and ledger reconciliations.
• Ensure accounting entries and supporting documents are complete and properly maintained.
• Assist with monthly and annual closing of accounts.
• Coordinate with external auditors and tax professionals as required.
• Payroll and Salary Payments
• Prepare monthly salary calculations and employee payout schedules.
• Coordinate and process employee salary payments.
• Maintain payroll records and supporting documentation.
• Manage payroll-related deductions and statutory requirements.
• Ensure salaries and other employee payments are processed accurately and on time.
• Invoicing and Receivables
• Generate customer invoices accurately and on time.
• Track outstanding invoices and customer receivables.
• Coordinate with internal teams to ensure invoices contain the required information.
• Follow up on pending customer payments where necessary.
• Maintain proper documentation for customer billing and collections.
• GST, TDS and Statutory Compliance
• Generate and manage e-way bills wherever applicable.
• Handle vendor-related TDS calculations, deductions, and documentation.
• Coordinate GST-related activities, including invoice validation and reconciliation.
• Maintain records and documentation required for statutory filings.
• Coordinate with external tax consultants, Company Secretaries, and other professionals as required.
• Banking and Treasury
• Act as a key point of contact between JOHNAIC and its banking partners.
• Coordinate with banks regarding current accounts, working-capital facilities, loans, and other banking requirements.
• Assist in discussing and negotiating commercial terms, interest rates, processing fees, collateral requirements, and other financing conditions, subject to management approval.
• Prepare financial information and documentation required by banks.
• Coordinate documentation and processes for Letters of Credit (LCs) and other trade-finance facilities.
• Monitor company cash flows, payment obligations, and banking requirements.
• Loans and Working Capital
• Support the evaluation and arrangement of suitable loan and working-capital facilities.
• Prepare financial statements, management information reports (MIS), projections, and other information required by lenders.
• Coordinate with banks and financial institutions throughout the loan sanction and documentation process.
• Track repayment schedules, interest payments, and loan-related documentation.
• Assist management in evaluating the financial implications of different financing options.
• Financial Reporting and MIS
• Prepare regular financial and management reports.
• Provide management with information on cash flow, receivables, payables, expenses, and liabilities.
• Assist in preparing budgets, cash-flow projections, and financial forecasts.
• Identify discrepancies, overdue payments, and potential cash-flow issues and bring them to management's attention.
• Vendor and Payment Management
• Verify vendor invoices and supporting documents before processing payments.
• Maintain vendor ledgers and payment records.
• Coordinate vendor-related TDS requirements.
• Ensure payments are processed according to approved schedules.
• Resolve accounting and payment-related queries with vendors.
• Internal Controls and Process Improvement
• Establish and maintain effective finance and accounting processes.
• Ensure appropriate documentation and approval procedures are followed.
• Identify accounting discrepancies and potential financial risks and escalate them to management.
• Improve the efficiency and accuracy of finance operations through automation and better processes.

Requirements & Tech Stack

• Newly qualified Chartered Accountant (CA); freshers are encouraged to apply.
• Strong understanding of accounting principles, taxation, GST, TDS, and financial statements.
• Good understanding of banking, corporate finance, loans, and working-capital facilities.
• Comfortable communicating and coordinating with banks and financial institutions.
• Strong working knowledge of Microsoft Excel and Google Sheets.
• Familiarity with accounting software or ERP systems.
• Excellent analytical, problem-solving, and communication skills.
• Strong attention to detail and ability to work independently.
• Comfortable working in a fast-paced startup environment.
• Willingness to take end-to-end ownership of finance and accounting operations.