Accountant Job in Wadakkanchery

Wadakkanchery, Kerala Full Time Date: 01 July 2024

Job description

Financial Reporting: Prepare and analyze financial statements (such as balance sheets, income statements, and cash flow statements) on a regular basis. Ensure accuracy and adherence to accounting principles and standards (e.g., GAAP or IFRS). Bookkeeping: Maintain accurate and up-to-date financial records, including ledgers, journals, and accounts payable/receivable. Record financial transactions, reconcile bank statements, and monitor financial data for discrepancies. Budgeting and Forecasting: Assist in budget preparation and financial forecasting based on historical data, industry trends, and business goals. Monitor budget performance and prepare variance analysis reports. Tax Compliance: Prepare and file tax returns (income tax, VAT/GST, payroll taxes, etc.) in compliance with local, state, and federal regulations. Stay updated on tax laws and changes that may affect the organization. Financial Analysis: Conduct financial analysis to support decision-making, such as profitability analysis, cost analysis, and financial projections. Provide insights into financial performance and recommend strategies for improvement. Auditing and Compliance: Assist in internal and external audits, ensuring compliance with audit requirements and resolving audit findings. Maintain documentation and support for audit processes. Financial Management: Manage cash flow by monitoring bank balances, overseeing cash disbursements and collections, and optimizing liquidity. Develop and implement financial controls and procedures to safeguard assets and minimize risk. Payroll Processing: Process payroll accurately and timely, ensuring compliance with payroll regulations and deductions. Address payroll inquiries and resolve issues related to wages, taxes, and benefits. Financial Software and Systems: Utilize accounting software (e.g., QuickBooks, SAP, Oracle) to manage financial transactions and generate reports. Maintain proficiency in software functionalities and recommend upgrades or improvements as needed. Communication and Collaboration: Collaborate with other departments (such as finance, operations, and management) to provide financial insights and support decision-making. Communicate financial information effectively to stakeholders, including executives, investors, and regulatory authorities. Continuous Improvement: Stay updated on industry trends, accounting regulations, and best practices. Identify opportunities for process improvements, efficiency enhancements, and cost savings initiatives.