Sanchit Art

Senior Accounts Executive

FULL TIME

September 15, 2024

Company Description
Sanchit Art is a leading gallery in India showcasing the best of Modern and Contemporary Indian Art, with a solid reputation for excellence and reliability. Established in 2010, our gallery has a history dating back to the early 2000s and is recognized as a leader in the field. We offer an expansive collection from renowned artists, with an emphasis on international exhibitions and important publications. Our mission is to present the finest collection of Indian art and encourage a lifelong appreciation for the arts.
Role and Responsibilities
  • Maintain accurate and up-to-date financial records for the art gallery in appropriate ledgers, journals, and software.
  • Monitor and reconcile bank statements, credit card transactions, and petty cash.
  • Prepare and process journal entries, including adjustments, accruals, and deferrals ensuring compliance with accounting principles and regulations.
  • Stay updated on tax regulations and reporting requirements, preparing and submitting tax returns such as income tax, sales tax, GST etc.
  • Assist in the preparation of financial statements and reports for regulatory purposes, working closely with external auditors and tax consultants during audits and inspections.
  • Oversee the accounts payable and receivable processes and process vendor invoices, reconcile statements, and manage payment schedules.
  • Monitor and follow up on outstanding receivables, ensuring timely collections.
  • Coordinate with relevant departments to resolve payment and billing discrepancies.
  • Generate and Coordinate for accurate invoices and its procedures with clients and stakeholders for events hosted by the art gallery.
  • Monitor event payments, ensuring timely collection and appropriate recordkeeping.
  • Prepare regular financial reports, including income statements, balance sheets, and cash flow statements.
  • Analyze financial data and provide insights to management regarding the gallery's financial performance.
  • Assist in budgeting and forecasting activities.
  • Handle export/import-related banking activities, including documentation and compliance.
  • Liaise with banks, customs authorities, shipping companies, and other stakeholders.
  • Coordinate international payments, foreign currency transactions, and trade finance.
  • Stay informed about export/import regulations and ensure compliance with applicable laws.
Mandatory Qualities & Skills
  • Masters degree in accounting, finance, or a related field (Certified Public Accountant designation is a plus) with proven experience of 3-6 years as an Accountant or in a similar financial role.
  • Strong knowledge of accounting principles, regulations, and financial reporting standards.
  • Proficiency in Google Suite, accounting software(Zoho), MS Office applications(Excel), Tally etc.
  • Familiarity with art market practices and regulations is desirable but not mandatory.
  • Excellent attention to detail and accuracy in data entry and financial analysis.
  • Integrity and confidentiality in handling sensitive financial information.
Job Types: Full-time, Permanent
Pay: ₹30,000.00 - ₹40,000.00 per month
Benefits:
  • Leave encashment
  • Paid sick time
  • Paid time off
Schedule:
  • Day shift
  • Fixed shift
Work Location: In person
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