Accountant Job in Kollam

Kollam, Kerala Full Time Date: 13 June 2024

Job description

Bookkeeping: Maintain accurate and up-to-date financial records by recording transactions, posting journal entries, and reconciling accounts. Ensure that all financial transactions are properly categorized and documented in accordance with accounting principles and standards. Financial Reporting: Prepare financial statements, including balance sheets, income statements, and cash flow statements, on a regular basis to provide insights into the organization's financial performance and position. Present financial reports to management, stakeholders, and external parties as required. Budgeting and Forecasting: Assist in the preparation of budgets, forecasts, and financial plans to guide business operations and resource allocation. Monitor budget variances, analyze financial performance against targets, and recommend corrective actions or adjustments as needed. Tax Compliance: Ensure compliance with tax laws and regulations by preparing and filing tax returns accurately and on time. Stay updated on changes to tax legislation, deductions, and credits to minimize tax liabilities and optimize tax planning strategies for the organization. Audit Support: Assist with internal and external audits by providing documentation, explanations, and reconciliations as requested by auditors. Collaborate with auditors to address any findings or recommendations and implement corrective actions to improve internal controls and processes. Financial Analysis: Conduct financial analysis and performance metrics to assess profitability, liquidity, solvency, and efficiency of business operations. Identify trends, patterns, and opportunities for improvement based on financial data and key performance indicators (KPIs). Cost Management: Monitor and analyze costs, expenses, and revenue streams to identify cost-saving opportunities, improve profitability, and optimize resource utilization. Implement cost control measures and recommend cost-cutting initiatives to achieve financial goals and objectives. Cash Management: Manage cash flow, liquidity, and working capital by monitoring cash balances, forecasting cash needs, and optimizing cash management strategies. Ensure that sufficient funds are available to meet operational expenses, debt obligations, and investment requirements. Financial Compliance: Ensure compliance with accounting standards, regulatory requirements, and internal controls governing financial reporting and disclosure. Implement policies, procedures, and controls to safeguard assets, prevent fraud, and maintain integrity in financial reporting. Financial Software: Utilize accounting software and financial management tools to streamline processes, automate tasks, and improve efficiency in financial operations. Leverage technology to generate reports, analyze data, and facilitate decision-making in financial management. Communication and Collaboration: Communicate effectively with internal stakeholders, including management, department heads, and staff, to provide financial insights, guidance, and support. Collaborate with cross-functional teams to address financial issues, achieve business objectives, and drive organizational success. Professional Development: Stay updated on developments in accounting principles, regulations, and best practices through continuing education, professional certifications, and participation in industry associations. Enhance technical skills, knowledge, and expertise to excel in the field of accounting and finance.