Recon and Vendor Accounting

# Reconciliation & Vendor Accounting ## Company Overview *Not specified.* ## Job Summary The **Reconciliation & Vendor Accounting** role is responsible for ensuring accurate reconciliation of customer Statements of Account (SOA) between the Loan Management System (LMS) and Tally, maintaining vendor accounting records, and supporting routine accounting activities related to TDS (Tax Deducted at Source) and GST (Goods and Services Tax). The position contributes to the organization’s financial accuracy, compliance, and reporting efficiency within the NBFC (Non-Banking Financial Company) industry. ## Responsibilities - **Customer SOA Reconciliation**: Regularly reconcile customer-wise SOA between LMS and Tally, investigate discrepancies in principal, interest, EMI receipts, overdue amounts, charges, and other transactions. Coordinate with LMS, Operations, and Finance teams to resolve differences, ensuring accurate customer balances and timely closure of reconciliations. - **Vendor Accounting**: Record vendor invoices, expense bills, and other transactions in Tally. Verify invoices, supporting documents, approvals, and tax details before booking. Maintain vendor ledgers, reconcile statements, and track advances, outstanding balances, debit/credit notes, and payments. Assist in vendor payment processing with proper documentation. - **TDS and GST Support**: Possess basic knowledge of TDS and GST provisions. Assist with TDS deduction, ledger reconciliation, payment tracking, and return preparation. Verify GST details in invoices and support Input Tax Credit (ITC) reconciliation. Provide records and documents for GST and TDS audits. - **General Accounting and Reporting**: Maintain accurate books of accounts in Tally, prepare reconciliation statements, outstanding reports, and periodic MIS. Ensure proper documentation and audit trails. Support month-end closing, audits, and other finance activities. ## Qualifications - **Educational Qualifications**: B.Com / M.Com or equivalent in Accounting or Finance. - **Experience**: 1–3 years in accounting and reconciliation. - **Technical Skills**: - Working knowledge of Tally ERP / Tally Prime. - Proficiency in MS Excel, including formulas, filters, PivotTables, and lookup functions. - Basic understanding of GST, TDS, vendor accounting, and bank reconciliation. - **Industry Experience**: Experience in NBFC, lending, or financial services is preferred. ## Preferred Skills - Strong attention to detail and high numerical accuracy. - Excellent reconciliation and analytical skills. - Ability to investigate discrepancies and follow up for resolution. - Good documentation, coordination, and time-management skills. ## Experience - 1 to 3 years of relevant experience in accounting, reconciliation, and vendor management within financial services or NBFC sectors. ## Environment - The role typically involves working in an office setting, with potential hybrid or in-office work arrangements. The environment requires attention to detail, accuracy, and adherence to compliance standards related to financial transactions and statutory requirements. ## Salary *Not specified.* ## Growth Opportunities *Not specified.* ## Benefits *Not specified.*