Job Description
1. End-to-End Financial Management
Maintain day-to-day books of accounts (Sales, Purchases, Cash/Bank, and Journal Vouchers).
Perform weekly Bank Reconciliations and handle petty cash for factory operations.
Finalize monthly Profit & Loss statements and Balance Sheets for management review.
2. Specialized Jewellery Inventory & Costing
Metal Accounting: Manage physical vs. system reconciliation for Gold (by weight and purity).
Stone Tracking: Maintain strict records of Diamonds and Color Stones issued for production.
Karigar (Artisan) Management: Track material issued to artisans, monitor wastage/melting losses, and calculate making charges.
Costing: Calculate the final product cost including raw material, labour (making), hallmarking (HUID), and overheads.
3. GST & Statutory Compliance (2026 Standards)
File monthly GST Returns (GSTR-1 & 3B) ensuring the 3% rate on metal and 5% on making charges are correctly applied.
Reconcile GSTR-2B for Input Tax Credit (ITC) on bullion and raw material purchases.
Manage TDS/TCS payments and quarterly filings.
Ensure all items are tagged with HUID (Hallmark Unique ID) as per the latest compliance norms.
4. Audit & Banking
Prepare audit schedules and coordinate with Statutory Auditors.
Handle documentation for Gold Metal Loans (GML) and bank limits.
Pay: ₹25,000.00 - ₹100,000.00 per month
Work Location: In person
Maintain day-to-day books of accounts (Sales, Purchases, Cash/Bank, and Journal Vouchers).
Perform weekly Bank Reconciliations and handle petty cash for factory operations.
Finalize monthly Profit & Loss statements and Balance Sheets for management review.
2. Specialized Jewellery Inventory & Costing
Metal Accounting: Manage physical vs. system reconciliation for Gold (by weight and purity).
Stone Tracking: Maintain strict records of Diamonds and Color Stones issued for production.
Karigar (Artisan) Management: Track material issued to artisans, monitor wastage/melting losses, and calculate making charges.
Costing: Calculate the final product cost including raw material, labour (making), hallmarking (HUID), and overheads.
3. GST & Statutory Compliance (2026 Standards)
File monthly GST Returns (GSTR-1 & 3B) ensuring the 3% rate on metal and 5% on making charges are correctly applied.
Reconcile GSTR-2B for Input Tax Credit (ITC) on bullion and raw material purchases.
Manage TDS/TCS payments and quarterly filings.
Ensure all items are tagged with HUID (Hallmark Unique ID) as per the latest compliance norms.
4. Audit & Banking
Prepare audit schedules and coordinate with Statutory Auditors.
Handle documentation for Gold Metal Loans (GML) and bank limits.
Pay: ₹25,000.00 - ₹100,000.00 per month
Work Location: In person
💡 Quick Summary
Seeking a career-building opportunity? The Senior Accountant (Jewellery Manufacturing) position is now open for candidates interested in the Accountant Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.