Accountant Job in Palakkad

Palakkad, Kerala Full Time Date: 04 June 2024

Job description

Bookkeeping: Recording financial transactions, including purchases, sales, receipts, and payments, in accounting software or ledgers. Financial Reporting: Preparing financial statements, such as income statements, balance sheets, and cash flow statements, on a regular basis to communicate the financial health of the organization. Budgeting and Forecasting: Assisting in the creation of budgets and financial forecasts based on historical data and future projections to guide decision-making and resource allocation. Tax Compliance: Ensuring compliance with tax laws and regulations by preparing and filing accurate tax returns, including income tax, VAT/GST, and payroll taxes, in a timely manner. Audit Support: Assisting external auditors or conducting internal audits to review financial records, assess internal controls, and identify areas for improvement. Financial Analysis: Analyzing financial data, trends, and performance metrics to provide insights and recommendations for improving efficiency, profitability, and financial stability. Cost Management: Monitoring and controlling costs to optimize resource allocation and maximize profitability while maintaining quality standards. Cash Flow Management: Managing cash flow by forecasting cash needs, monitoring cash inflows and outflows, and implementing strategies to ensure sufficient liquidity. Financial Planning: Collaborating with management to develop long-term financial plans and strategies to achieve business objectives and mitigate financial risks. Compliance and Regulation: Staying updated on accounting standards, regulatory requirements, and industry best practices to ensure compliance and minimize legal and financial risks. Financial Software Management: Utilizing accounting software and tools effectively to streamline processes, automate repetitive tasks, and improve accuracy and efficiency in financial reporting and analysis. Communication: Presenting financial information, analysis, and recommendations to stakeholders, including management, investors, and regulatory authorities, in a clear and concise manner.