Accountant Job in Malappuram

Malappuram, Kerala Full Time Date: 06 June 2024

Job description

Financial Record Keeping: Maintaining accurate and up-to-date financial records, including ledgers, journals, and financial statements. You record transactions, such as purchases, sales, payments, and receipts, ensuring that all entries are categorized correctly. Financial Reporting: Preparing financial statements, including balance sheets, income statements, and cash flow statements, at regular intervals (such as monthly, quarterly, and annually). These reports provide insights into the financial performance and position of the organization. Budgeting and Forecasting: Collaborating with management to develop budgets and financial forecasts. You analyze historical financial data, market trends, and operational factors to create accurate projections that guide strategic decision-making. Tax Compliance: Ensuring compliance with tax laws and regulations by preparing and filing tax returns accurately and on time. You calculate taxes owed, maintain tax records, and stay updated on changes in tax laws to minimize tax liabilities and risks. Audit Support: Assisting with internal and external audits by providing financial data, documentation, and explanations as required. You work closely with auditors to ensure that audits are conducted smoothly and that any findings or recommendations are addressed promptly. Financial Analysis: Analyzing financial data to identify trends, variances, and areas for improvement. You use financial ratios, metrics, and benchmarks to assess performance, evaluate profitability, and support decision-making by management. Cash Flow Management: Monitoring cash flow, liquidity, and working capital to ensure that the organization has sufficient funds to meet its obligations. You manage cash inflows and outflows, optimize cash reserves, and forecast cash needs to maintain financial stability. Internal Controls: Establishing and maintaining internal controls to safeguard assets, prevent fraud, and ensure compliance with accounting standards and regulations. You implement policies and procedures for financial transactions, approvals, and access to financial systems. Financial Systems Management: Overseeing the implementation and maintenance of financial systems, software, and tools. You ensure that accounting software is properly configured, users are trained effectively, and system updates are performed regularly. Financial Advisory: Providing financial advice and support to management based on your expertise and analysis. You participate in strategic planning, investment decisions, and risk management activities to optimize financial performance and achieve organizational goals.