Accountant Job in Malappuram

Malappuram, Kerala Full Time Date: 19 June 2024

Job description

Financial Reporting: Prepare and analyze financial statements (such as balance sheets, income statements, and cash flow statements) to summarize and interpret the organization's financial position and performance. Bookkeeping: Maintain accurate and up-to-date financial records by recording financial transactions in accounting software or ledgers. Ensure all transactions are properly categorized, documented, and reconciled. Budgeting and Forecasting: Assist in the preparation of budgets, financial forecasts, and variance analysis based on historical data, trends, and projected business activities. Provide insights into financial performance and assist in decision-making processes. Accounts Payable and Receivable: Manage accounts payable functions by processing invoices, verifying expenditures, and ensuring timely payments to vendors and suppliers. Monitor accounts receivable to ensure timely collection of payments from clients and customers. Payroll Processing: Calculate employee salaries, wages, bonuses, and deductions. Ensure payroll taxes and statutory deductions are accurately calculated, withheld, and remitted to government authorities. Tax Compliance and Reporting: Prepare and file tax returns (such as income tax, sales tax, and payroll tax) in compliance with local, state, and federal regulations. Assist in tax planning strategies to minimize tax liabilities and ensure timely tax payments. Financial Analysis: Conduct financial analysis, including profitability analysis, cost analysis, and financial performance metrics evaluation. Interpret financial data to identify trends, risks, and opportunities for improvement. Audit Support: Coordinate and assist with external audits, providing auditors with necessary documentation, explanations, and reconciliations. Implement audit recommendations and improve internal controls based on audit findings. Financial Systems and Controls: Maintain and strengthen internal controls to safeguard assets, ensure accuracy of financial data, and prevent fraud. Implement accounting policies, procedures, and standards to comply with regulatory requirements. Financial Planning and Strategy: Provide financial insights and recommendations to support strategic decision-making by management. Analyze financial data, assess business risks, and contribute to business planning initiatives. Compliance and Ethics: Adhere to ethical standards and regulatory requirements (such as GAAP or IFRS) in financial reporting and accounting practices. Maintain confidentiality of financial information and protect sensitive data. Professional Development: Stay updated with accounting principles, standards, and industry trends through continuing education, seminars, and professional certifications (such as CPA, CMA, or ACCA).