Accountant Job in Ernakulam

Ernakulam, Kerala Full Time Date: 03 July 2024

Job description

Financial Reporting: Preparation and presentation of financial statements, including balance sheets, income statements, and cash flow statements. Ensuring accuracy, completeness, and compliance with accounting standards (e.g., GAAP or IFRS). Bookkeeping: Recording financial transactions in journals or accounting software. This includes maintaining general ledger accounts, managing accounts payable (AP) and accounts receivable (AR), and reconciling bank statements. Financial Analysis: Analyzing financial data to assess business performance, profitability, and trends. Providing insights and recommendations based on financial analysis to support strategic decision-making. Budgeting and Forecasting: Assisting in the preparation of budgets and financial forecasts. Monitoring actual financial performance against budgets and forecasts, and providing variance analysis and explanations. Tax Compliance and Planning: Ensuring compliance with tax regulations and preparing tax returns (e.g., income tax, sales tax, payroll tax). Advising on tax planning strategies to optimize tax efficiency and minimize liabilities. Audit Support: Assisting with internal and external audits by providing audit documentation and explanations. Addressing audit findings and implementing corrective actions as needed. Financial Management: Supporting financial decision-making by providing financial insights, forecasts, and recommendations. Monitoring key financial metrics and indicators to assess financial health and performance. Risk Management: Identifying and assessing financial risks, such as credit risk, market risk, and operational risk. Implementing controls and strategies to mitigate risks and safeguard financial assets. Compliance and Regulatory Reporting: Staying updated with accounting regulations, standards, and legal requirements. Ensuring financial practices and reporting comply with regulatory standards and deadlines. Advisory Services: Providing financial advice and guidance to clients or management. This may include strategic financial planning, investment analysis, mergers and acquisitions (M&A) support, and business valuation. System and Process Improvement: Continuously improving accounting systems, processes, and internal controls to enhance efficiency, accuracy, and effectiveness. Implementing best practices and leveraging technology to streamline financial operations. Communication and Collaboration: Collaborating with colleagues, stakeholders, and external parties (e.g., auditors, tax authorities) to communicate financial information, analysis, and recommendations effectively. Building and maintaining relationships based on trust and professionalism. Ethical Standards: Upholding ethical standards and integrity in financial reporting and decision-making. Adhering to professional codes of conduct and promoting transparency, honesty, and accountability in all financial practices.