Accountant Job in Palakkad

Palakkad, Kerala Full Time Date: 21 June 2024

Job description

Financial Reporting: Preparing Financial Statements: Generating accurate and timely financial statements (income statement, balance sheet, cash flow statement) based on accounting standards (e.g., GAAP, IFRS). Financial Analysis: Analyzing financial data to provide insights into the financial performance of the organization. Bookkeeping: Recording Transactions: Maintaining accurate records of financial transactions, including purchases, sales, receipts, and payments. Bank Reconciliation: Ensuring that bank statements reconcile with book balances. Budgeting and Forecasting: Budget Preparation: Assisting in the preparation of budgets based on financial goals and forecasts. Financial Forecasting: Predicting future financial trends and outcomes to support decision-making. Tax Compliance: Tax Preparation: Preparing and filing tax returns (income tax, sales tax, payroll tax) accurately and timely. Tax Planning: Advising on tax implications of business decisions and implementing strategies to minimize tax liabilities. Auditing: Internal Audits: Conducting internal audits to ensure compliance with financial regulations and company policies. External Audits: Cooperating with external auditors during annual audits to provide necessary financial information and explanations. Financial Management: Cash Flow Management: Monitoring cash flow to ensure liquidity for operational needs. Financial Controls: Establishing and maintaining financial controls and procedures to safeguard assets. Financial Advisory: Financial Advice: Providing financial insights and recommendations to management for strategic decision-making. Risk Assessment: Assessing financial risks and proposing strategies to mitigate them. Compliance and Regulations: Compliance: Ensuring compliance with financial regulations and standards (e.g., GAAP, IFRS, local tax laws). Reporting: Preparing and submitting regulatory and compliance reports as required. Technology and Systems: Accounting Software: Using accounting software effectively to manage financial transactions and reporting. System Implementation: Assisting in the implementation and maintenance of financial systems and processes. Communication: Stakeholder Communication: Communicating financial information effectively to stakeholders including management, investors, and regulatory authorities. Financial Education: Providing guidance and education to non-financial personnel on financial matters and procedures.