Accountant Job in Kannur

Kannur, Kerala Full Time Date: 27 June 2024

Job description

Financial Reporting: Preparing and presenting accurate and timely financial statements (e.g., balance sheet, income statement, cash flow statement) based on generally accepted accounting principles (GAAP) or relevant accounting standards. Consolidating financial data and preparing reports for management, stakeholders, and regulatory authorities. Bookkeeping and Record-keeping: Maintaining and updating financial records, including accounts payable, accounts receivable, general ledger entries, and expense reports. Ensuring accuracy and completeness of financial transactions and documentation. Budgeting and Forecasting: Assisting in the development of annual budgets and financial forecasts based on historical data, market trends, and organizational goals. Monitoring budget performance, analyzing variances, and providing recommendations to achieve financial objectives. Financial Analysis: Conducting financial analysis, interpreting data, and identifying key financial indicators and trends. Generating financial models and scenarios to support strategic decision-making and business planning. Tax Compliance and Reporting: Ensuring compliance with tax regulations and preparing tax returns (e.g., income tax, sales tax, payroll tax) accurately and on time. Advising on tax planning strategies and optimizing tax efficiency for the organization. Audit Support and Internal Controls: Coordinating and facilitating internal and external audits, ensuring adherence to audit requirements and addressing audit findings. Establishing and maintaining internal controls to safeguard assets, prevent fraud, and ensure compliance with regulations. Financial Systems and Software: Utilizing accounting software and financial management systems to record transactions, reconcile accounts, and generate financial reports. Recommending and implementing improvements to accounting processes and systems for efficiency and accuracy. Cash Management and Treasury: Monitoring cash flow, forecasting cash needs, and managing cash balances to optimize liquidity and financial stability. Initiating and overseeing banking transactions, including deposits, withdrawals, and fund transfers. Financial Planning and Strategy: Supporting strategic financial initiatives, capital expenditure decisions, and investment evaluations through financial analysis and scenario planning. Providing financial insights and recommendations to senior management to facilitate informed decision-making. Professional Development and Ethics: Staying informed about changes in accounting standards, regulations, and industry trends through continuous education and professional development. Upholding ethical standards of accounting practice, including confidentiality, integrity, and objectivity in financial reporting and decision-making.