1 - 5 years
4 - 5 Lacs
Posted:1 day ago|
Platform:
Work from Office
Full Time
Skills and Experience• Post Graduate Degree (MBA/M.Com), CA Inter, CMA Inter, CMA, ACCA from an accrediteduniversity• Strong accounting knowledge along with experience of preparation of Financial Statements• Knowledge about Principles and concepts of Accounting, through understanding of variousjournal entries• Experience in working with MS Office particularly MS Word and MS Excel• Should be willing to work in shifts• Maintain flexibility to work extra hours, as necessary, to meet client commitments• 2-5 years of experience in end to end accounting Responsibilities• Analysis of client provided data to complete the book keeping • Record necessary journal entries such as accrual, reversal, reallocation, reclassification,provisioning etc.• Finalization of various accounts and reconciliations of GST/HST, tax, intercompany, bank, visa,investments• Recording of information in various schedules in the tax software such as 1, 2,3,4,6,7,8, 8S,21,100, 125• Preparation and up-dation of various of forms in tax software• Maintain time sheet tracker on daily basis • Ensure that assigned work is completed within the stipulated time• Adhere to client guidelines/specification for all returns • Attend the process training as per process requirement• Work on feedback received from QA
Sample Questioner to check candidates accounting knowledge:• Why do we prepare a Trial balance when we have General ledgers• What is preparation of FS and finalization of FS• Journal entry for sales return or purchase return• Journal entry for prepaid expenses such as prepaid rent• Journal entry for accrued salary• Journal entry for provision for bad debt and income tax• Journal entry for dividend payable and where we show in our books of accounts• Is there a difference between provision and accrual if yes the what?• Where we record capital gain in cash flow statement and why? answer Investing activities• Why depreciation is added back in cash flow statement?• Current year we have recorded an entry for accounts receivable worth 50,000. What is thereversal entry in next year. In case there is a bad debt of 5000 out of this 50,000 then whatcombined entry we should record.• What is deferred revenue and its treatment in books of accounts
Clarity Consulting
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