Job
Description
1. Bookkeeping and General Ledger Maintenance : Record and maintain daily financial transactions, including journal entries, ledgers, and account reconciliation. Update and manage the general ledger to ensure accurate financial records. Reconcile bank statements and other financial records monthly to ensure alignment with company data. 2. Accounts Payable (AP) and Receivable (AR): Process invoices, vendor payments, and employee reimbursements, ensuring accurate data entry and timely payments. Monitor accounts receivable, follow up on outstanding invoices, and assist in cash collection efforts. Reconcile vendor statements and resolve any discrepancies promptly to maintain strong vendor relationships. 3. Inventory and Cost Accounting: Collaborate with the stores and production departments to monitor inventory levels and record cost entries accurately. Assist in cost accounting activities, including tracking material usage, labor costs, and overheads, to ensure accurate production costing. Conduct regular physical stock audits and adjustments, working closely with inventory management. 4. Financial Reporting and Analysis: Prepare monthly, quarterly, and annual financial reports, including balance sheets, income statements, and cash flow statements. Assist in budgeting and forecasting activities by providing accurate financial data to support decision-making.Analyze variances between budgeted and actual costs, helping identify areas for cost optimization. 5. Taxation and Statutory Compliance: Ensure compliance with applicable tax laws, including GST, TDS, and other statutory regulations. Prepare and submit accurate tax returns and filings, maintaining compliance with timelines. Maintain accurate records of tax payments, returns, and deductions, and support in audits as required. 6. Payroll Processing Support: Assist in payroll calculations, ensuring accurate deductions, contributions, and compliance with statutory requirements. Reconcile payroll accounts, manage employee expenses, and assist with employee-related financial queries.Coordinate with the HR department to maintain payroll records and employee benefits compliance. 7. Documentation and Record-Keeping: Maintain organized records of all financial transactions, invoices, receipts, and supporting documents. Ensure data is stored securely and is accessible for audits, reviews, and regulatory compliance. Support the finance team in internal and external audits by providing required documentation and records Preferred candidate profile Candidate must have knowledge of MS Excel, Tally accounting software
