Accountant Job in Idukki

Idukki, Kerala Full Time Date: 14 June 2024

Job description

Recording Financial Transactions: Accurately recording all financial transactions of the organization, including purchases, sales, receipts, and payments, using accounting software or manual ledgers. Preparing Financial Statements: Compiling and preparing financial statements such as balance sheets, income statements, and cash flow statements to provide an overview of the organization's financial position and performance. Budgeting and Forecasting: Assisting in the preparation of budgets and financial forecasts by analyzing past financial data, identifying trends, and making projections for future financial performance. Tax Planning and Compliance: Ensuring compliance with tax laws and regulations by preparing and filing tax returns accurately and timely, and advising on tax planning strategies to minimize tax liabilities. Financial Analysis: Analyzing financial data to identify trends, variances, and areas of improvement, and providing insights to management for informed decision-making. Audit Support: Assisting with internal and external audits by providing documentation, explanations, and support as required to ensure compliance with auditing standards and regulations. Payroll Processing: Calculating and processing payroll for employees, including deductions, taxes, and benefits, and ensuring accuracy and timeliness in payroll disbursements. Accounts Receivable and Payable: Managing accounts receivable and accounts payable processes, including invoicing customers, tracking payments, managing vendor invoices, and processing payments. Financial Reporting: Generating and analyzing financial reports, such as profit and loss statements, balance sheets, and cash flow statements, to provide insights into the organization's financial performance. Internal Controls: Establishing and maintaining internal control procedures to safeguard assets, prevent fraud, and ensure accuracy and integrity of financial data. Cash Flow Management: Monitoring cash flow, forecasting cash needs, and managing liquidity to ensure the organization has sufficient funds to meet its obligations and pursue opportunities. Continuous Learning and Development: Staying updated on accounting standards, regulations, and best practices through professional development opportunities, training programs, and networking.