05 Aug
|
Laxmi Trading
|
India
05 Aug
Laxmi Trading
India
Accountant – Job Description (India)
Job Title: Accountant
Department: Accounts & Finance
Reports To: Finance Manager / Accounts Manager / Chief Financial Officer (CFO)
Job Summary
An Accountant is responsible for maintaining financial records, preparing financial statements, managing day-to-day accounting activities, ensuring statutory compliance, and supporting financial reporting. The role involves handling bookkeeping, taxation, payroll, bank reconciliations, and ensuring compliance with Indian accounting standards and tax laws.
Key Responsibilities1. Bookkeeping & Accounting
- Record daily financial transactions accurately.
- Maintain the general ledger and subsidiary ledgers.
- Prepare journal entries and account reconciliations.
- Manage accounts payable and accounts receivable.
2. Financial Reporting
- Prepare monthly, quarterly, and annual financial statements.
- Generate Profit & Loss Accounts, Balance Sheets, and Cash Flow Statements.
- Assist in budgeting and financial forecasting.
- Prepare MIS reports for management.
3. Taxation & Statutory Compliance
- Prepare and file GST returns.
- Deduct and deposit TDS as per applicable rules.
- Assist with Income Tax compliance and assessments.
- Ensure compliance with Companies Act provisions (where applicable).
- Support statutory, tax, and internal audits.
4. Bank & Cash Management
- Perform bank reconciliations.
- Monitor cash flow and maintain cash books.
- Manage petty cash transactions.
- Coordinate with banks for financial transactions.
5. Accounts Payable & Receivable
- Verify supplier invoices and process payments.
- Monitor outstanding receivables and follow up with customers.
- Reconcile vendor and customer accounts.
- Prepare payment schedules.
6. Audit Support
- Prepare documents required for statutory and internal audits.
- Respond to auditor queries.
- Maintain proper financial documentation.
7. Documentation & Record Keeping
- Maintain vouchers, invoices, bills, and accounting records.
- Ensure proper filing of financial documents.
- Maintain confidentiality of financial information.
Required Skills
- Solid knowledge of accounting principles.
- Knowledge of GST, TDS, Income Tax, PF, ESI, and payroll.
- Financial reporting and analysis skills.
- Attention to detail and accuracy.
- Analytical and problem-solving abilities.
- Time management and organizational skills.
- Good communication and teamwork skills.
Technical Skills
- Tally Prime / Tally ERP.
- Microsoft Excel (VLOOKUP, Pivot Tables, formulas, charts).
- MS Word and PowerPoint.
- ERP software (SAP, Oracle, Microsoft Dynamics, Zoho Books, Busy, etc.).
- Basic knowledge of accounting software and financial reporting tools.
Educational Qualification
- Bachelor's degree in Commerce (B.Com) – Preferred.
- M.Com – Advantageous.
- CA (Inter) / CMA (Inter) / MBA (Finance) – Preferred for senior roles.
- Certifications in Tally, GST, or Advanced Excel are an added advantage.
Experience
- Junior Accountant: 0–2 years
- Accountant: 2–5 years
Key Performance Indicators (KPIs)
- Accuracy of financial records.
- Timely completion of GST, TDS, and statutory filings.
- Timely preparation of financial statements.
- Bank reconciliation accuracy.
- Compliance with accounting standards and tax regulations.
- Audit readiness and minimal audit observations.
- Timely processing of payroll and vendor payments.
Pay: ₹15,000.00 - ₹20,000.00 per month
Benefits:
- Commuter assistance
- Paid sick time
Work Location: In person
📌 Senior Accountant (India)
🏢 Laxmi Trading
📍 India