- Prepare and oversee the preparation of monthly, quarterly, and annual financial statements.
- Ensure accurate and timely reporting of financial data to senior management and external stakeholders.
2. General Ledger Management:
- Maintain the general ledger, ensuring all accounts are accurate and up-to-date.
- Oversee journal entries, ensuring they are accurate, complete, and in compliance with accounting standards.
- Reconcile and resolve discrepancies in general ledger accounts, including bank accounts, balance sheet accounts, and other critical financial records.
3. Tax Compliance:
- Coordinate with CA to Prepare and file tax returns in a timely and accurate manner.
- Coordinate with external auditors and tax professionals to ensure the company’s tax filings are correct.
4. Audit and Internal Controls:
- Assist with internal and external audits to ensure compliance with financial regulations and accounting principles.
- Review and implement internal controls to safeguard the company's financial information.
- Resolve audit queries and provide necessary documentation to auditors.
5. Accounts Payable and Receivable:
- Oversee accounts payable and accounts receivable functions to ensure accurate and timely processing.
- Manage cash flow and monitor outstanding invoices to ensure collections are made on time.
- Review and approve vendor payments and monitor supplier accounts.
6. Team Supervision and Development:
- Supervise and mentor junior accounting staff, providing guidance and training where necessary.
- Review the work of junior accountants and provide feedback to ensure accuracy and quality.
- Participate in performance evaluations and career development of accounting staff.
7. Process Improvement:
- Identify inefficiencies in financial reporting and accounting processes and implement improvements.
- Recommend improvements in accounting systems or software to streamline financial operations.
8. Financial Analysis:
- Conduct detailed financial analysis to support business decisions and strategic planning.
- Provide financial insight and recommendations for cost-saving measures, revenue opportunities, or other financial decisions.
9. Compliance and Regulations:
- Ensure compliance with relevant accounting standards, company policies, and regulations.
- Keep up-to-date with any changes in accounting laws and practices that may affect the company’s reporting or compliance.
10. Payment Follow up :
- Take Payment follow up from client.
- Reconcile Invoices and Identify discrepancies.