Job Description

Job Overview: The accountant will be responsible for managing financial transactions, maintaining accurate financial records, preparing reports, and ensuring compliance with all relevant financial regulations. This role is essential in helping us keep the business financially healthy while focusing on growth and efficiency. Qualifications: Proven experience as an Accountant, preferably in the hospitality or restaurant industry. Bachelors degree in accounting, Finance, or related field. Strong understanding of accounting principles and financial regulations. Proficiency in accounting software (Tally ERP, QuickBooks, or similar). Advanced Excel skills, including financial modeling. Strong analytical and problem-solving skills. Ability to maintain confidentiality and handle sensitive financial information. Excellent organizational and time-management abilities. Knowledge of payroll processing and tax filings is a plus. Key Responsibilities: Financial Record Keeping: Maintain accurate and up-to-date financial records, including sales, purchases, expenses, and payroll. Accounts Payable & Receivable: Process invoices, payments, and ensure timely collection of outstanding balances from customers or suppliers. Reconcile accounts payable and receivable. Payroll Processing: Manage payroll for all staff, ensuring accuracy and timely payment. Monthly/Quarterly Financial Reporting: Prepare monthly financial statements (income statement, balance sheet, cash flow), and assist with any other reports required by management or external auditors. Tax Compliance: Ensure compliance with tax regulations, compute taxes, and prepare tax returns. Prepare tax documents and assist with maintaining TDS and GST filing. Budgeting & Forecasting: Manage budgeting and forecasting, comparing actual performance to budgeted figures, and providing insights into financial performance. Closing and Reconciliation: Handle monthly, quarterly, and annual closings. Ensure timely bank payments and entries. Cost Management: Analyze costs and recommend areas for improvement in cost control and financial efficiency. Reporting: Create ad-hoc reports for various business needs. Report on the companys financial health and liquidity. Compile and analyze financial statements. Audit & Financial Controls: Audit financial transactions and documents to ensure accuracy. Reinforce financial data confidentiality and conduct database backups when necessary. Inventory & Stock Management: Oversee inventory and stock management to help optimize costs and prevent wastage. Petty Cash Management: Maintain and manage petty cash for day-to-day expenses.