Accountant Job in Kottayam

Kottayam, Kerala Full Time Date: 08 June 2024

Job description

Financial Reporting: You prepare financial statements such as balance sheets, income statements, and cash flow statements to accurately reflect the financial position and performance of the organization. These reports are essential for decision-making by management, investors, and other stakeholders. Bookkeeping: You maintain accurate and up-to-date financial records by recording transactions, posting journal entries, and reconciling accounts. This involves tracking income, expenses, assets, liabilities, and equity using accounting software or manual ledger systems. Budgeting and Forecasting: You assist in developing and monitoring budgets, forecasts, and financial plans to guide the organization's financial activities and ensure that resources are allocated efficiently. This may involve analyzing historical data, identifying trends, and making projections for future performance. Financial Analysis: You analyze financial data and performance metrics to evaluate the organization's financial health, profitability, and efficiency. This includes identifying variances, trends, and opportunities for improvement, and providing insights and recommendations to management based on your analysis. Tax Compliance: You ensure compliance with tax laws and regulations by preparing and filing tax returns, maintaining tax records, and calculating taxes owed. This includes staying updated on changes in tax laws and implementing tax strategies to minimize tax liabilities while maximizing tax benefits. Auditing: You may assist in internal or external audits by providing financial documentation, answering auditors' inquiries, and ensuring that audit findings are addressed appropriately. This involves maintaining accurate records and supporting documentation to facilitate the audit process. Financial Planning and Strategy: You collaborate with management to develop financial goals, objectives, and strategies for achieving long-term sustainability and growth. This may involve financial modeling, scenario analysis, and risk assessment to inform strategic decision-making. Cash Management: You manage cash flow by monitoring receipts, disbursements, and liquidity to ensure that the organization has sufficient funds to meet its financial obligations and strategic objectives. This may involve optimizing cash flow through effective cash management techniques such as budgeting, forecasting, and investment. Compliance and Regulation: You ensure compliance with accounting principles, standards, and regulations such as Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS). This includes maintaining internal controls, policies, and procedures to safeguard assets and prevent fraud or financial mismanagement. Financial Advice and Support: You provide financial advice, guidance, and support to management, department heads, and staff members as needed. This may involve interpreting financial data, explaining accounting concepts, and providing recommendations for improving financial performance and decision-making.