Accounts Executive

An Accounts Executive supports the day-to-day accounting cycle. In NCS’s accounts-payable and receivables profile, this includes maintaining vendor and customer accounts, making periodic vendor payments, raising customer bills, recording credit purchases and sales, and maintaining files and records.

NCS also describes a recording-and-reporting variant of the role that maintains current records, prepares bank-reconciliation statements, and produces routine outputs such as depreciation schedules and ledger extracts. In practice, the exact mix of payable, receivable, bookkeeping, reconciliation, invoice, and reporting work depends on the employer’s finance-process design.

• Maintain ledgers and supporting records for payables, receivables, purchases, sales, and bills.
• Prepare or support invoices, vendor payments, customer-account updates, and credit-transaction accounting.
• Perform bank reconciliations and prepare routine ledger-based reports and schedules.
• Maintain organised documentation and records needed for review, audit, or internal controls.

A B.Com (Hons.) route is directly aligned with the role: NCS identifies commerce or allied-subject graduation as preferred preparation for Accounts Executive work. Candidates can use degree coursework plus practical capability in bookkeeping, spreadsheets, accounting software, invoices, and reconciliations to target junior accountant, accounts-payable, accounts-receivable, or general accounts-executive vacancies.

CA Intermediate is a relevant route because ICAI’s Intermediate curriculum includes Advanced Accounting, Taxation, Cost and Management Accounting, Auditing and Ethics, and Financial Management. ICAI also states that commerce graduates or post-graduates with at least 55% marks may register for CA Intermediate through Direct Entry, subject to the Institute’s stated conditions.

CMA Intermediate is also relevant, particularly where cost, financial, management-accounting, tax, or reporting exposure is valued. ICMAI’s Syllabus 2022 Intermediate curriculum includes Financial Accounting, Direct and Indirect Taxation, Cost Accounting, Corporate Accounting and Auditing, Financial Management and Business Data Analytics, and Management Accounting. ICMAI lists CMA Foundation, graduates of any discipline, qualified CA Intermediate candidates, and qualified engineers among the routes to its Intermediate course.

• B.Com (Hons.): build demonstrable accounting-process skills alongside the degree and seek entry-level finance operations or accounting roles.
• CA Intermediate: leverage accounting, tax, audit, cost, and financial-management study; confirm registration and examination rules directly with ICAI because they can change.
• CMA Intermediate: leverage financial accounting, costing, tax, audit, financial management, analytics, and management accounting; confirm admission and examination rules directly with ICMAI.
• For all routes, internship, articleship or other relevant accounting experience can strengthen readiness, since NCS notes that relevant work experience is generally required.

The role requires practical command of accounting processes rather than only theoretical familiarity. NCS specifically identifies supplier-account maintenance, journals and ledgers, accounting principles, customer billing, delivery challans, NEFT transactions, and computer applications including MS Excel and Tally as relevant competencies.

Analytical problem-solving, communication, multitasking, motivation, and self-direction are listed by NCS as desirable competencies. For candidates coming from CA Intermediate or CMA Intermediate, translating technical study into accurate transaction recording, reconciliations, documentation, and review-ready schedules is especially valuable.

• Bookkeeping fundamentals: journals, ledgers, credit purchases and sales, and account maintenance.
• Reconciliations and reporting: bank reconciliations, ledger extracts, depreciation schedules, and routine financial reports.
• Tools: Excel and accounting software such as Tally; employer systems may differ.
• Process discipline: invoice and payment documentation, filing, recordkeeping, accuracy, and timely follow-up.
• Professional capabilities: analytical problem-solving, communication, and managing multiple recurring deadlines.

NCS characterises the accounts-payable and receivables variant as primarily a desk-based role, generally without travel, often operating in organisations with five or six working days and eight or nine hours per day; it notes that schedules and shift arrangements vary by organisation. These are occupational-profile indicators, not universal job conditions.

NCS names banks, small and medium organisations, multinational companies, and—within its recording-and-reporting profile—insurance companies as probable employer settings. Actual role scope may range from a narrowly defined payables or receivables process to broader accounting support in a smaller employer.

• Typical setting: desk-based finance or accounting operations.
• Typical employers: banks, insurance companies, SMEs, and multinational companies, according to NCS profiles.
• Work arrangements, hours, team responsibility, remote-work availability, and travel requirements are employer-specific and should be checked in each vacancy.

NCS presents an indicative pathway from Junior Accountant to Accounts Executive, Assistant Manager, Manager, and Senior Manager. Its recording-and-reporting profile uses the equivalent account-focused titles of Assistant Manager, Manager (Accounts), and Senior Manager (Accounts). Progression is not automatic: expanding ownership of reconciliations, reporting, controls, closing processes, taxation support, and stakeholder coordination can help an Accounts Executive move into senior accounting or finance-operations roles.

CA Intermediate and CMA Intermediate study can provide depth for later progression, but neither designation by itself guarantees a particular job title or promotion. Employers may weigh examination status, work experience, software proficiency, accuracy, and the complexity of processes handled.

• Junior Accountant → Accounts Executive → Assistant Manager → Manager → Senior Manager is the NCS’s indicative sequence.
• A payable/receivable specialist can broaden into general accounting, reporting, controls, or finance-operations responsibility.
• CA or CMA progression should be evaluated against the candidate’s examination status and practical experience, not assumed solely from registration.

NCS’s Accounts Executive (Accounts Payable & Receivables) profile, last updated on October 16, 2023, gave an indicative range of ₹15,000–₹29,000 per month for candidates with zero to four years of experience. NCS explicitly cautions that these figures are indicative and subject to change.

This is historical occupational guidance, not a current salary quote for July 2026. Pay can vary materially by city, employer size, industry, shift requirements, software or ERP exposure, responsibility for reconciliations or reporting, relevant experience, and CA/CMA examination progress. Candidates should use live job postings and employer-specific discussions to assess current local compensation.

• Historical NCS reference point only: ₹15,000–₹29,000 per month for 0–4 years’ experience in the payables/receivables profile.
• Do not treat the 2023 NCS figure as a current market benchmark or a guaranteed offer.
• Compare salary offers on total compensation, role scope, learning opportunity, work hours, and location-specific cost of living.