Accountant Job in Malappuram

Malappuram, 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. Bookkeeping: Recording financial transactions, maintaining accurate ledgers, and ensuring entries are posted correctly into accounting software or ERP systems. Accounts Payable and Receivable: Managing accounts payable and accounts receivable functions. Processing invoices, payments, and receipts promptly. Reconciling accounts to ensure accuracy. Payroll Processing: Calculating wages, deductions, and taxes for employees. Processing payroll payments accurately and on time. Ensuring compliance with payroll regulations and laws. Budgeting and Forecasting: Assisting in the preparation of budgets, forecasts, and financial plans. Monitoring variances and analyzing financial performance against budgeted targets. Tax Compliance: Preparing and filing tax returns (income tax, VAT/GST, payroll tax) in compliance with local regulations and deadlines. Advising on tax strategies to minimize liabilities. Financial Analysis: Conducting financial analysis, interpreting trends, and identifying financial risks and opportunities. Providing insights and recommendations to management for decision-making. Audit Preparation and Support: Coordinating and supporting external audits and internal audits. Providing auditors with requested documentation and explanations. Internal Controls: Implementing and monitoring internal controls to ensure financial transactions are processed accurately and in compliance with policies and procedures. Financial Systems Management: Utilizing accounting software and financial management systems effectively. Ensuring data integrity and security of financial information. Cash Flow Management: Monitoring cash flow and forecasting cash needs. Managing banking relationships and optimizing cash resources. Financial Compliance: Ensuring compliance with financial regulations, accounting standards (GAAP/IFRS), and company policies. Staying updated with changes in regulations that affect accounting and financial reporting.