Accountant (Jewellery Industry)

A Jewellery Accountant manages the financial aspects of a jewellery business, ensuring accuracy, compliance, and efficiency in financial operations. This includes tasks like inventory management, accounting transactions, financial reporting, tax compliance, and account reconciliation. They also play a crucial role in advising on pricing strategies, market analysis, and even expansion decisions.

Core Responsibilities:

• Maintaining Financial Records:Accountants are responsible for accurate and up-to-date record-keeping of all financial transactions.
• Preparing Financial Statements:This includes creating balance sheets, income statements, and cash flow statements.
• Tax Compliance:Accountants ensure that all tax obligations are met, including preparing and submitting tax returns.
• Auditing:They conduct internal and external audits to verify the accuracy of financial records and identify any discrepancies or irregularities.
• Financial Analysis:Accountants analyze financial data to identify trends, variances, and potential areas for improvement, providing insights to management.
• Budgeting and Forecasting:They may be involved in creating and monitoring budgets, as well as forecasting future financial performance.
• Accounts Payable and Receivable:Managing the payment of invoices and tracking outstanding customer payments.
• Payroll Processing:Ensuring accurate and timely payroll calculations and payments.
• Compliance:Ensuring adherence to all relevant accounting standards, regulations, and internal policies.
• Reporting:Preparing and presenting financial reports to management and other stakeholders.

Essential Skills:

• Analytical Skills: The ability to analyze financial data, identify trends, and draw meaningful conclusions.
• Attention to Detail: Accuracy and meticulousness are crucial for maintaining accurate financial records.
• Communication Skills: The ability to clearly communicate financial information to both technical and non-technical audiences.
• Problem-Solving Skills: The ability to identify and resolve financial discrepancies and issues.
• Knowledge of Accounting Software: Proficiency in accounting software like QuickBooks, SAP, or others.
• Understanding of Accounting Principles: A strong grasp of Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS).
• Compliance Knowledge: Familiarity with relevant tax laws and regulations.

In essence, an accountant is a vital part of any organization, ensuring financial stability, accuracy, and compliance.

Job Type: Full-time

Pay: ₹40,000.00 - ₹50,000.00 per month

Schedule:

• Day shift

Work Location: In person