Accountant Job in Kasargod

Kasargod, Kerala Full Time Date: 22 June 2024

Job description

Financial Reporting and Analysis: Preparing financial statements, including balance sheets, income statements, cash flow statements, and statements of equity, to reflect the organization's financial performance and position. Analyzing financial data to identify trends, variances, and opportunities for improvement, and presenting findings to management for strategic decision-making. Bookkeeping and Record Keeping: Recording financial transactions, maintaining accurate ledgers, and reconciling accounts to ensure financial integrity and compliance with accounting principles (e.g., GAAP, IFRS). Managing accounts payable and receivable, processing invoices, and overseeing payroll functions to ensure timely and accurate payments. Budgeting and Forecasting: Assisting in the development of annual budgets and financial forecasts based on historical data, market trends, and business goals. Monitoring budgetary performance, comparing actual results to forecasts, and recommending adjustments to achieve financial targets and operational efficiency. Tax Compliance and Planning: Preparing and filing tax returns (e.g., income tax, sales tax, payroll tax) in accordance with regulatory requirements and deadlines. Advising on tax planning strategies to minimize tax liabilities while ensuring compliance with tax laws and regulations. Audit and Internal Controls: Coordinating external audits by providing auditors with financial data, documentation, and explanations to support audit procedures. Establishing and maintaining internal controls to safeguard assets, prevent fraud, and ensure accuracy and reliability of financial reporting. Financial Management and Strategy: Providing financial insights and recommendations to support strategic planning, investment decisions, and business expansion initiatives. Collaborating with executives and department heads to develop financial goals, metrics, and performance indicators to monitor and drive organizational success. Financial Software and Systems: Utilizing accounting software (e.g., QuickBooks, SAP, Oracle) and financial management systems to streamline processes, generate reports, and facilitate data analysis. Staying updated on technological advancements and best practices in financial software to enhance efficiency and effectiveness in financial operations. Compliance and Regulation: Ensuring compliance with local, state, and federal regulations governing financial practices, reporting requirements, and tax obligations. Keeping abreast of changes in accounting standards, regulatory requirements, and industry guidelines to maintain compliance and mitigate risks. Communication and Stakeholder Engagement: Collaborating with internal stakeholders, such as management, department heads, and finance teams, to provide financial insights, address inquiries, and support decision-making processes. Communicating financial information clearly and effectively to external stakeholders, including investors, creditors, regulatory agencies, and auditors. Professional Development: Continuing education and professional development to stay current with evolving accounting practices, industry trends, and regulatory changes. Pursuing certifications (e.g., CPA, CMA) and participating in professional organizations to enhance credibility, skills, and career advancement opportunities.