Accountant Job in Kozhikode

Kozhikode, Kerala Full Time Date: 17 June 2024

Job description

Financial Reporting: Preparation of financial statements including balance sheets, income statements, cash flow statements, and equity statements. Ensuring financial reports comply with accounting principles and standards (e.g., GAAP, IFRS). Bookkeeping and General Ledger Management: Recording financial transactions in journals and general ledgers. Maintaining and reconciling accounts payable and accounts receivable. Accounts Payable and Receivable: Processing invoices and ensuring timely payments to vendors and suppliers. Managing accounts receivable to ensure prompt collection of payments from clients and customers. Budgeting and Forecasting: Assisting in the preparation of budgets and financial forecasts. Monitoring budget variances and providing analysis to management. Tax Compliance and Reporting: Preparation and filing of tax returns (income tax, sales tax, VAT/GST) in compliance with relevant tax regulations. Advising on tax planning strategies to minimize tax liabilities while ensuring compliance. Audit Preparation and Support: Coordinating and preparing audit schedules and supporting documentation for internal and external audits. Addressing audit inquiries and implementing audit recommendations. Financial Analysis: Analyzing financial data, trends, and performance metrics to provide insights into the organization’s financial health. Conducting variance analysis and identifying areas for cost reduction or revenue enhancement. Cash Flow Management: Monitoring cash flow projections and managing liquidity for operational needs. Optimizing working capital and overseeing cash management strategies. Financial Systems and Software: Utilizing accounting software and ERP systems (e.g., QuickBooks, SAP, Oracle) to record transactions and generate financial reports. Ensuring data accuracy, integrity, and security in financial systems. Compliance and Internal Controls: Implementing and maintaining internal controls to safeguard assets and mitigate financial risks. Ensuring compliance with regulatory requirements, company policies, and accounting standards. Financial Advisory and Decision Support: Providing financial insights and recommendations to management for strategic decision-making. Supporting business initiatives, investments, and cost-control measures. Communication and Collaboration: Communicating financial information effectively to stakeholders, including senior management, investors, and external parties. Collaborating with cross-functional teams such as finance, operations, and IT to achieve organizational objectives.