Accountant Job in Kottayam

Kottayam, Kerala Full Time Date: 01 July 2024

Job description

Financial Reporting: Compiling and analyzing financial information to prepare accurate and timely financial statements, including balance sheets, income statements, and cash flow statements. Budgeting and Forecasting: Assisting in the preparation of budgets, forecasts, and financial plans. Monitoring variances and analyzing financial performance against budgeted targets. Accounts Payable and Receivable: Managing accounts payable and accounts receivable processes. Processing invoices, payments, and receipts accurately and timely. Reconciling accounts to ensure accuracy. Payroll Processing: Ensuring accurate and timely processing of payroll for employees. Calculating wages, deductions, and taxes. Issuing paychecks or direct deposits and preparing payroll reports. Tax Compliance: Preparing and filing tax returns (income tax, VAT/GST, payroll tax) in compliance with local regulations and deadlines. Advising on tax implications and strategies to minimize tax liabilities. Financial Analysis: Conducting financial analysis, interpreting trends, and identifying financial risks and opportunities. Providing insights and recommendations to management for decision-making. Internal Controls and Audits: Implementing and monitoring internal control procedures to safeguard company assets and ensure compliance with accounting standards and regulations. Coordinating audits and addressing audit findings. Financial Systems and Software: Utilizing accounting software and financial management systems to record transactions, maintain financial records, and generate reports. Ensuring data integrity and system security. Cash Management: Monitoring cash flow, forecasting cash needs, and managing banking relationships. Optimizing cash resources and recommending strategies for cash flow improvement. Financial Planning and Analysis: Assisting in financial planning activities, including long-term strategic planning, capital expenditure analysis, and investment evaluation. Month-end and Year-end Closing: Performing month-end and year-end closing procedures. Reconciling accounts, preparing accruals and adjusting entries, and ensuring financial statements are prepared accurately and on time. Compliance and Reporting: Ensuring compliance with financial regulations, accounting principles (GAAP/IFRS), and company policies. Providing support for external financial audits and regulatory filings.