to oversee and manage the financial and accounting operations of our jewelry business. The ideal candidate should have a strong background in accounting, preferably in the gems and jewelry industry, and be capable of handling everything from daily bookkeeping to financial reporting and compliance.
Key Responsibilities: Accounting & Finance
Maintain accurate records of all financial transactions related to jewelry sales, purchases, and inventory.
Prepare and manage daily sales reports, purchase ledgers, and general ledgers.
Reconcile bank statements and monitor cash flow.
Billing & Invoicing
Generate accurate invoices for customers and ensure timely collection of payments.
Handle accounts receivable and payable, and ensure timely vendor payments.
Inventory & Costing
Coordinate with inventory and store teams to track stock movement and valuations.
Calculate product costing, including material, labor, and wastage for gold, diamonds, and gemstones.
Taxation & Compliance
Prepare and file GST, TDS, and other statutory returns.
Ensure compliance with financial regulations specific to the jewelry industry (e.g., BIS norms, KYC for high-value transactions).
Assist in internal and external audits.
Client & Vendor Management
Maintain strong relationships with suppliers, clients, and financial institutions.
Handle client account queries and ensure all accounts are balanced and reconciled.
Reporting
Generate monthly, quarterly, and annual financial reports for management.
Assist in budget planning and financial forecasting.
Requirements:
Bachelor's degree in
Accounting, Commerce, or Finance
(CA Inter or equivalent is a plus).
3-5 years of experience in accounting, preferably in the
jewelry, retail, or luxury goods sector
.
Strong understanding of
jewelry-specific accounting practices
(e.g., metal weight-based costing, hallmarking charges, making charges, etc.).
Proficiency in accounting software (e.g.,
Tally ERP, Marg, QuickBooks
, or jewelry-specific ERP systems).
Solid knowledge of
GST
,
TDS
, and other Indian taxation norms.
Strong analytical, problem-solving, and organizational skills.
Attention to detail and ability to handle confidential information.
Preferred Skills:
Experience working with
diamond/gold/jewelry retailers or wholesalers
.
Knowledge of
inventory valuation based on purity and weight
.
Familiarity with
audit procedures and financial compliance in the gems & jewelry sector
.
Compensation:
Competitive salary based on experience.
Performance-based incentives and bonuses.
Additional benefits like staff purchase discounts, travel allowance, etc.
Job Type: Full-time
Pay: RM3,000.00 - RM4,000.00 per month
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