E-commerce Accountant

About the Role

We are seeking an experienced E-commerce Accountant to oversee daily accounting processes, taxation, inventory management, and reconciliation activities for our online marketplace operations. This position requires practical knowledge of platforms like Amazon and Flipkart along with expertise in GST compliance, inventory accounting, and marketplace reconciliations.

Key Responsibilities

• Handle day-to-day accounting transactions related to Amazon, Flipkart, and other e-commerce platforms.
• Perform reconciliations of marketplace sales, settlements, refunds, returns, commissions, fees, TCS/TDS, and other deductions.
• Monitor marketplace receivables and resolve any discrepancies promptly.
• Maintain precise sales and purchase documentation.
• Ensure compliance with GST regulations specific to e-commerce transactions and manage taxation processes.
• Reconcile GST filings including GSTR-1, GSTR-3B, GSTR-2B with corresponding marketplace data.
• Track and reconcile TCS/TDS deducted by various marketplaces.
• Work with external consultants or Chartered Accountants for tax filings and audits.
• Maintain accurate records of inventory purchases, inflows, outflows, sales, returns, and adjustments.
• Monitor inventory movements across warehouses and marketplaces, ensuring physical stock matches accounting records.
• Verify purchase invoices and GST input credit eligibility.
• Manage inventory valuation and identify discrepancies for corrective action.
• Account for inbound and outbound inventory transactions and reconcile goods received against purchase documentation.
• Handle records of marketplace returns, customer returns, damaged goods, and replacements.
• Collaborate with warehouse and operations teams to resolve inventory mismatches.
• Prepare comprehensive MIS reports on a daily, weekly, and monthly basis covering marketplace sales, purchases, inventory status, returns and refunds, settlements, GST/TCS/TDS, receivables/payables, and profitability.
• Provide management with accurate financial and inventory insights to support decision-making.

Required Qualifications & Skills

• Bachelor’s degree in Commerce, Accounting, or Finance.
• Between 2 and 5 years of accounting experience, ideally within e-commerce, FMCG, or retail sectors.
• In-depth knowledge of GST and e-commerce-related taxation practices.
• Practical experience using Amazon Seller Central and Flipkart Seller Hub platforms.
• Proficiency in accounting software such as Tally or ERP systems, along with advanced MS Excel skills.
• Strong abilities in reconciliation and analytical problem-solving.
• Solid understanding of inventory accounting and monitoring stock movement.
• Capability to discover and resolve discrepancies independently.

Preferred Experience

• Handling large volumes of marketplace transactions.
• Experience with reconciliation of Amazon and Flipkart settlements and payments.
• Familiarity with TCS, TDS, GST input credits, marketplace fees, and commissions.
• Collaborative work experience with warehouse, purchasing, operations, and finance teams.

Performance Indicators

• Accuracy and punctuality in daily accounting activities.
• Timely completion of marketplace and bank reconciliations.
• Correctness of inventory records.
• Compliant and prompt GST, TCS, and TDS reconciliations.
• Minimization of unresolved accounting and inventory issues.
• Precise and prompt submission of MIS reports.