Key Roles & Responsibilities of an Accountant 1. Financial Accounting & Reporting Maintain accurate financial records and ensure they comply with regulations. Prepare balance sheets, income statements, and cash flow statements . Generate monthly, quarterly, and annual financial reports . 2. Accounts Payable & Receivable Manage vendor payments, invoices, and reconciliation . Track customer payments, credit transactions, and outstanding balances . Ensure timely collection of receivables to maintain cash flow. 3. Payroll Management Process employee salaries, bonuses, and deductions . Ensure compliance with tax regulations and statutory requirements . Maintain payroll records and handle staff reimbursements . 4. Taxation & Compliance Prepare and file GST, VAT, income tax, and other regulatory returns . Ensure compliance with financial laws, tax codes, and government regulations . Assist in tax audits and financial inspections . 5. Budgeting & Cost Control Assist in budget preparation and financial forecasting . Monitor expenses and suggest cost-saving measures . Analyze profit margins and operational costs . 6. Inventory & Cost Accounting (Retail-Specific) Maintain inventory valuation and stock accounting . Track cost of goods sold (COGS) and analyze pricing strategies. Work with procurement teams to optimize inventory purchasing decisions . 7. Bank & Cash Reconciliation Reconcile bank statements and financial transactions. Manage petty cash and cash flow analysis . Identify and resolve discrepancies in financial statements . 8. Internal & External Audits Assist in internal audits and financial risk assessments . Ensure the company is audit-ready for external regulatory reviews . Maintain organized records for financial transparency . Qualifications for an Accountant 1. Education Bachelor’s Degree in Accounting, Finance, or a related field. CA, CPA, ACCA, or CMA certification (preferred for senior roles). 2. Experience 1-5 years of accounting experience , preferably in retail or corporate finance. Knowledge of financial software like Tally, QuickBooks, SAP, or Oracle ERP . 3. Key Skills & Competencies ✅ Financial Analysis & Reporting – Strong understanding of accounting principles and financial statements. ✅ Taxation & Compliance – Knowledge of tax regulations (GST, VAT, Income Tax, etc.). ✅ Attention to Detail – Accuracy in bookkeeping and data entry. ✅ Analytical & Problem-Solving Skills – Ability to interpret financial data and provide insights. ✅ Proficiency in Accounting Software – Experience with tools like Tally, SAP, QuickBooks, or ERP systems . ✅ Time Management & Organization – Ability to handle multiple financial tasks efficiently. Job Types: Full-time, Permanent Pay: ₹25,000.00 - ₹30,000.00 per month Benefits: Cell phone reimbursement Schedule: Day shift Work Location: In person Application Deadline: 17/03/2025