Accountant Job in Mattannur

Mattannur, Kerala Full Time Date: 27 May 2024

Job description

Financial Reporting: Preparing and analyzing financial statements, including balance sheets, income statements, and cash flow statements, to provide insights into the financial health of the organization. Bookkeeping: Recording financial transactions, maintaining accurate accounting records, and organizing financial data in ledgers or accounting software. This includes tracking expenses, revenues, assets, and liabilities. Budgeting and Forecasting: Assisting in the development of budgets and financial forecasts to guide decision-making and planning. Monitoring budget variances and providing recommendations for cost control and efficiency improvements. Tax Planning and Compliance: Ensuring compliance with tax regulations and deadlines by preparing and filing tax returns, including income tax, sales tax, and payroll tax returns. Advising on tax planning strategies to minimize tax liabilities and optimize financial outcomes. Auditing: Coordinating and participating in internal and external audits to review financial records, verify compliance with accounting standards, and identify areas for improvement in internal controls and processes. Financial Analysis: Conducting financial analysis to assess performance, profitability, and trends within the organization. Analyzing financial data to identify strengths, weaknesses, opportunities, and threats to inform strategic decision-making. Cash Management: Managing cash flow by monitoring cash balances, forecasting cash needs, and optimizing the timing of receipts and disbursements. Developing cash management strategies to maximize liquidity and minimize financing costs. Cost Accounting: Analyzing and allocating costs to products, projects, or departments to determine profitability and cost efficiency. Implementing cost accounting systems and methodologies to track and control costs effectively. Financial Planning and Strategy: Collaborating with management to develop financial plans, goals, and strategies aligned with the organization's objectives. Providing financial insights and recommendations to support strategic initiatives and business growth. Regulatory Compliance: Ensuring compliance with financial regulations, accounting standards, and reporting requirements mandated by regulatory bodies such as the Financial Accounting Standards Board (FASB) and the Securities and Exchange Commission (SEC). Risk Management: Identifying financial risks and implementing risk mitigation strategies to protect the organization's assets and interests. Assessing and managing risks related to liquidity, credit, market fluctuations, and regulatory changes. Professional Development: Staying updated on developments in accounting principles, tax laws, and financial regulations through continuing education, professional certifications, and participation in professional organizations.