Job Description

Freshers and experience can Apply

Financial Record-Keeping and Data Management

This is the foundational responsibility of any accounts role. It involves meticulous and accurate recording of all financial transactions.

Recording Transactions: Documenting all financial activities, including sales, purchases, payments, and receipts.

Managing Ledgers: Maintaining the general ledger and subsidiary ledgers (e.g., accounts receivable, accounts payable).

Accounts Payable (A/P): Processing and paying vendor invoices accurately and on time.

Accounts Receivable (A/R): Generating customer invoices, tracking payments, and following up on overdue accounts.

Bank Reconciliation: Comparing bank statements with the company's financial records to identify and resolve any discrepancies.

2. Financial Reporting and Analysis

Accounts professionals are responsible for transforming raw financial data into meaningful reports that inform business decisions.

Preparing Financial Statements: Generating and publishing key financial statements, including the Balance Sheet, Income Statement (Profit and Loss), and Cash Flow Statement on a monthly, quarterly, and annual basis.

Financial Analysis: Analyzing financial data to identify trends, variances, and opportunities for improvement. This may include cost analysis, profitability analysis, and liquidity assessments.

Budgeting and Forecasting: Assisting in the preparation of budgets and financial forecasts to help management with strategic planning and resource allocation.

Presenting Reports: Clearly and effectively communicating financial results and insights to management, stakeholders, and other departments.

3. Compliance and Internal Controls

Ensuring that all financial activities are conducted in accordance with legal and regulatory requirements is a critical responsibility.

Tax Compliance: Computing taxes owed, preparing and filing tax returns (corporate, sales, payroll, etc.), and ensuring timely payments.

Regulatory Compliance: Ensuring all accounting practices adhere to relevant standards and regulations, such as GAAP (Generally Accepted Accounting Principles) or IFRS (International Financial Reporting Standards).

Auditing: Conducting internal audits to verify the accuracy of financial records and identify potential risks or fraud. They also coordinate with and support external auditors during annual audits.

Internal Controls: Developing, documenting, and implementing accounting policies and procedures to maintain strong internal controls that safeguard company assets and ensure data accuracy.

4. Strategic and Advisory Support

Beyond the day-to-day tasks, accounts professionals often serve as a strategic partner to the business.

Cost Management: Identifying ways to reduce costs, enhance revenue, and improve overall profitability.

Advising Management: Providing financial advice and recommendations to senior management to guide business strategy and operational decisions.

Risk Management: Assessing financial risks and vulnerabilities and helping to develop strategies to mitigate them.

System Improvement: Continuously evaluating and recommending improvements to accounting systems and processes to enhance efficiency, accuracy, and reporting capabilities.

Requirements:

UG, PG and Experience.

Knowledge in Tally Prime and GST.

Job Types: Full-time, Permanent

Pay: ?15,000.00 - ?25,000.00 per month

Work Location: In person