Retail Accountant

About the job

About AramyaOur vision is to build some of the world's most loved fashion and lifestyle brands and enable people to express themselves. We're well funded, with $20M raised from marquee investors like Accel and Z47 along with industry veterans. Our first brand, Aramya, launched in 2024 and achieved 40 Cr revenue in its very first year, powered by a proprietary supply chain, in-house manufacturing, and data-led designing. Today, we're operating at a 200 Cr ARR and scaling fast across D2C and retail stores. Website: www.aramya.inOur Team: https://shorturl.at/l6uYJ About RoleWe are seeking a detail-oriented and analytical Retail Accountant to manage daily sales reconciliation, accounting, and reporting activities across our retail store network. The role involves reconciling cash, card, UPI, and payment gateway transactions, ensuring accurate accounting of sales and collections, resolving discrepancies with stores and payment partners, and supporting month-end closure activities. Key Roles & ResponsibilitiesReconciliation & Accounting

• Perform daily reconciliation of Cash, Card, UPI, Wallet, and Payment Gateway transactions across all retail stores.
• Download and analyze daily sales reports, bank settlement reports, and payment gateway reports from various portals and systems.
• Update store-wise reconciliation trackers and ensure timely identification and resolution of discrepancies.
• Record accounting entries related to sales, cash collections, card settlements, refunds, chargebacks, payment gateway settlements, and other retail transactions.
• Monitor unreconciled transactions and coordinate with stores, banks, and payment service providers for closure.Reporting & MIS
• Prepare daily, weekly, and monthly reconciliation reports and management information reports (MIS).
• Generate store-wise variance reports and highlight exceptions to management.
• Support financial analysis by providing accurate reconciliation data and transaction summaries.Month-End Closing
• Ensure timely completion of month-end accounting and reconciliation activities.
• Perform ledger scrutiny and account reconciliations to ensure accuracy and completeness of financial records.
• Assist in preparation of schedules and supporting documents for audits and financial reporting.Coordination & Compliance
• Liaise with store operations teams, banks, payment gateway partners, and internal stakeholders to resolve transaction-related issues.
• Maintain proper documentation, records, and audit trails for all reconciliations and accounting transactions.
• Ensure compliance with internal controls, accounting policies, and statutory requirements. Process Improvement
• Identify process gaps and recommend improvements in reconciliation and accounting workflows.