Accountant Job in Kozhikode

Kozhikode, Kerala Full Time Date: 27 June 2024

Job description

Financial Reporting and Analysis: Preparation of financial statements (such as balance sheet, income statement, cash flow statement) in accordance with accounting standards (e.g., GAAP, IFRS). Conducting financial analysis to interpret trends, variances, and performance metrics, and providing insights to management for informed decision-making. Bookkeeping and General Ledger Management: Recording financial transactions, maintaining accurate and up-to-date accounting records, and reconciling accounts. Managing the general ledger and ensuring entries are classified correctly and in compliance with accounting principles. Budgeting and Forecasting: Assisting in the development of annual budgets and financial forecasts based on historical data, market trends, and organizational goals. Monitoring budget performance, analyzing variances, and providing recommendations to achieve financial objectives. Tax Compliance and Reporting: Preparation and filing of tax returns (e.g., income tax, sales tax, payroll tax) accurately and in compliance with local, state, and federal regulations. Advising on tax planning strategies to optimize tax efficiency and ensure compliance with changing tax laws. Auditing and Internal Controls: Coordinating and facilitating internal and external audits, ensuring adherence to audit requirements and addressing audit findings. Establishing and monitoring internal controls to safeguard assets, prevent fraud, and ensure accuracy of financial reporting. Financial Management and Cash Flow: Managing cash flow by monitoring inflows and outflows, forecasting cash needs, and optimizing working capital management. Analyzing financial risks and opportunities, and providing recommendations to mitigate risks and improve financial performance. Financial Systems and Software: Utilizing accounting software and financial management systems to streamline processes, generate reports, and maintain data integrity. Recommending and implementing improvements to accounting systems and procedures for efficiency and compliance. Payroll Administration: Processing payroll accurately and timely, ensuring compliance with payroll regulations and employee deductions. Maintaining payroll records, addressing employee inquiries, and ensuring payroll taxes are calculated and remitted correctly. Financial Planning and Strategy: Supporting strategic financial initiatives, capital expenditure decisions, and investment evaluations through financial analysis and scenario planning. Providing financial insights and recommendations to senior management to support business growth and profitability. Professional Development and Ethics: Staying informed about changes in accounting standards, regulations, and industry trends through continuous education and professional development. Upholding ethical standards of accounting practice, including confidentiality, integrity, and objectivity in financial reporting and decision-making.