Job
Description
Accountant Job Description An accountant in an event management company is responsible for managing all financial operations, ensuring compliance, maintaining accurate financial records, and optimizing costs. This role involves overseeing budgets, expenses, payroll, tax compliance, and financial reporting to support strategic decision-making. Given the dynamic nature of event management, flexibility to travel and adapt to varied work schedules is essential. Key Responsibilities:Financial Record Keeping: Maintain accurate, up-to-date financial records for the company. Record and categorize all financial transactions, including income, expenses, and project costs. Reconcile bank statements, vendor accounts, and ledgers regularly. Budgeting and Financial Planning: Collaborate with event planners and project teams to create comprehensive budgets for events and specific projects. Monitor budget performance, track variances, and provide financial insights to optimize resource allocation. Forecast financial needs for upcoming events and business operations. Expense Tracking and Management: Track, analyze, and document event-related and project-specific expenses. Ensure expenses remain within budget constraints and identify cost-saving opportunities. Taxation and Compliance: Coordinate with CA for timely filing of Income Tax Returns, GST, and TDS compliance. Prepare and maintain accurate tax records to ensure adherence to statutory requirements. Monitor regulatory updates and ensure the company complies with all accounting standards, taxes, and financial laws. Payroll Management: Oversee payroll processes, including salary calculations, tax deductions (TDS), and benefit administration. Address payroll-related inquiries and resolve discrepancies promptly. Vendor and Client Financial Relations: Manage invoicing, payment processing, and follow-ups with vendors and clients. Negotiate favorable terms and financial agreements with suppliers and service providers. Ensure timely payments and collections to maintain healthy cash flow. Financial Reporting and Analysis: Prepare accurate monthly, quarterly, and annual financial reports for management review. Analyze financial data to assess event profitability and the overall financial health of the company. Provide recommendations for improving profitability and operational efficiency. Cash Flow and Asset Management: Monitor and manage cash flow to ensure operational liquidity. Forecast financial requirements and allocate funds efficiently for events and general operations. Implement measures to safeguard financial assets and optimize their use. Auditing and Internal Controls: Develop and maintain internal financial controls to prevent discrepancies and safeguard assets. Coordinate external audits and address findings or recommendations promptly. Technology Utilization: Use accounting software (e.g., Tally and Zoho) to automate processes and ensure accuracy. Stay updated on financial tools and technology to improve operational efficiency. Project-Based Accounting: Oversee and manage budgets, costs, and documentation for project-specific expenses. Reconcile project finances and ensure compliance with financial frameworks. Collaboration and Communication: Work closely with event planners, operations, and marketing teams to integrate financial considerations into event and business planning. Provide financial guidance to team members and stakeholders for effective decision-making. Flexibility in Travel and Work: Be willing to travel to event locations as needed to manage on-site financial operations. Adapt to flexible working hours, including weekends and extended schedules during peak event periods. Skills and Qualifications: Bachelor's degree in Accounting, Finance, or related field. Proficiency in accounting software (e.g., Tally, ZohoBooks, or ERP systems). Solid understanding of GST, TDS, Income Tax, and other regulatory compliance requirements. Strong analytical, budgeting, and forecasting skills. Excellent attention to detail and organizational abilities. Flexibility to travel and work extended hours based on event schedules. Ability to manage multiple tasks, prioritize work, and meet deadlines. Strong communication and negotiation skills for vendor and team coordination. Proactive problem-solving approach and ability to work independently. Job Types: Full-time, Permanent Pay: ₹15,000.00 - ₹35,000.00 per month Benefits: Health insurance Schedule: Morning shift Education: Bachelor's (Preferred) Experience: Taxation: 1 year (Preferred) total work: 1 year (Preferred) Language: English (Preferred) License/Certification: Tally (Required) Work Location: In person
