General Accounting

Job Title:

Location:

Key Responsibilities:

1. Maintaining General Ledger: Updating and maintaining the general ledger, which includes recording all transactions, adjusting entries, and reconciling accounts.
2. Accounts Payable (AP): Managing accounts payable by processing invoices, verifying expenses, and ensuring timely payment to vendors and suppliers.
3. Accounts Receivable (AR): Handling accounts receivable by generating invoices, tracking payments, and following up on overdue accounts.
4. Bank Reconciliation: Daily reconciliation of bank statements with the general ledger to ensure accuracy and identify discrepancies.
5. Financial Reporting: Assisting in the preparation of financial reports for internal and external stakeholders, such as management reports, tax filings, and regulatory compliance.
6. Audit Support: Assisting with internal and external audits by providing documentation, explanations, and support as needed.
7. Variance Analysis: Analyzing variances between budgeted and actual expenses or revenues and providing explanations for the differences.
8. Financial Analysis: Conducting financial analysis to evaluate business performance, identify trends, and make recommendations for improvement.
9. Tax Compliance: Ensuring compliance with tax laws and regulations by preparing and filing tax returns (TDS/GST/Income Tax), as well as providing support during tax audits.
10. Process Improvement: Identifying opportunities for process improvements to enhance efficiency and effectiveness in accounting operations.
11. Communication: Communicating effectively with colleagues, management, vendors, and other stakeholders regarding financial matters.
12. Recording Transactions: Documenting financial transactions by entering account information into accounting software or ledgers.
13. Preparing Financial Statements: Generating financial statements like balance sheets, income statements, and cash flow statements to reflect the financial position and performance of the company.
14. Budgeting and Forecasting: Supporting the budgeting and forecasting process by providing financial data and analysis to help management make informed decisions.
15. Internal Controls: Implementing and monitoring internal controls to safeguard company assets and ensure compliance with financial regulations and policies.

Technical / Desired Skills:

1. Thorough knowledge of English & familiarity with IGAAP
2. Strong skills in analyzing financial data and generating detailed reports.

IT/Software skills required:

1. Knowledge of Tally ERP, SAP B1 and DMS.
2. Excellent IT skills - advanced Excel, MS Word, and presentation skills.

Behavioral Competencies desired:

1. People leadership experience.
2. Ensuring accuracy and thoroughness in financial reporting and analysis.
3. Ability to Analyse complex financial data and derive meaningful insights.
4. Strong ability to communicate financial information clearly to stakeholders.

Education background-Essential:

Education background-Desirable, if any:

Other Desired relevant Work Experience / Industry preference Requirements:

1. Professionally qualified accountant with a minimum of 5-7 years post-qualified experience
2. Experience managing external and internal audits

Relevant Minimum/Maximum work experience:

Minimum: 7 years, Maximum: 12 years