Senior Accountant / Accounting - Manager

Role & responsibilities

An Accountant is responsible for managing financial records, ensuring compliance with accounting standards, and providing accurate financial information to support decision-making within the organization. The role involves preparing financial statements, managing accounts payable and receivable, and conducting audits to ensure financial integrity.

Key Responsibilities and Activities:

Financial Record Keeping

Maintain and update financial records and ledgers.

Ensure accurate recording of all financial transactions.

Prepare and post journal entries.

Financial Reporting

Prepare monthly, quarterly, and annual financial statements (Profit & Loss, Balance Sheet, Cash Flow Statement).

Generate financial reports for management and stakeholders.

Assist in the preparation of budgets and forecasts.

Accounts Payable and Receivable

Manage accounts payable processes, including invoice verification and payment processing.

Oversee accounts receivable, ensuring timely invoicing and collection of payments.

Reconcile accounts and resolve discrepancies.

Tax Compliance

Prepare and file tax returns (GST, TDS, income tax) in compliance with regulatory requirements.

Assist in tax audits and provide necessary documentation.

Stay updated on changes in tax laws and regulations.

Internal Controls and Audits

Assist in the development and implementation of internal controls to safeguard assets.

Conduct periodic audits to ensure compliance with accounting policies and procedures.

Prepare audit schedules and provide support during external audits.

Financial Analysis

Analyze financial data to identify trends, variances, and opportunities for improvement.

Provide insights and recommendations based on financial analysis.

Support management in decision-making through financial modeling and analysis.

Collaboration and Communication

Work closely with other departments to gather financial information and support business operations.

Communicate financial information clearly to non-financial stakeholders.

Collaborate with external auditors and tax consultants as needed.

Continuous Improvement

Identify areas for process improvement in accounting practices.

Stay informed about best practices in accounting and financial management.

Participate in training and professional development opportunities.

Qualifications:

Bachelors degree in Commerce, Accounting, or Finance.

Professional qualifications such as CA (Chartered Accountant) or CMA (Cost Management Accountant) are preferred.

Proficiency in accounting software (e.g., Tally, QuickBooks) and MS Excel.

Strong analytical and problem-solving skills.

Attention to detail and accuracy in financial reporting.