Accountant
Department: Admin
Location: Chennai
Work Mode: Office
Experience: 3 years
Type: Fulltime
Openings:
Designation: Accountant
This is a contract-based role ending on 31st December 2026. Candidates are requested to bring their own laptops.
Responsibilities
- An accountant plays a crucial role in managing and overseeing a company’s financial activities. Here’s an overview of the key roles and responsibilities of an accountant:
- ### **Roles and Responsibilities**
- 1. **Financial Record Keeping**:
- - **Maintain Records**: Record and maintain accurate financial transactions, including sales, expenses, payroll, and investments.
- - **Ledger Management**: Manage and reconcile general ledgers and subsidiary ledgers to ensure accurate financial records.
- 2. **Financial Reporting**:
- - **Prepare Statements**: Prepare financial statements, including balance sheets, income statements, and cash flow statements.
- - **Report Analysis**: Analyze financial reports to provide insights into the company’s financial performance and position.
- 3. **Budgeting and Forecasting**:
- - **Budget Preparation**: Assist in the preparation and monitoring of budgets and financial forecasts.
- - **Variance Analysis**: Analyze budget variances and provide recommendations for adjustments.
- 4. **Tax Compliance**:
- - **Tax Filing**: Prepare and file tax returns in compliance with relevant tax laws and regulations.
- - **Tax Planning**: Provide tax planning advice and strategies to minimize tax liabilities.
- 5. **Accounts Payable and Receivable**:
- - **Manage Payables**: Process and manage accounts payable, including invoicing, payments, and supplier reconciliations.
- - **Manage Receivables**: Monitor and manage accounts receivable, including invoicing customers, tracking payments, and handling collections.
- 6. **Financial Audits**:
- - **Prepare for Audits**: Prepare and organize financial records and documentation for internal and external audits.
- - **Audit Support**: Assist auditors with inquiries and provide necessary information during the audit process.
- 7. **Internal Controls**:
- - **Implement Controls**: Develop and implement internal control systems to safeguard financial assets and ensure accuracy in financial reporting.
- - **Monitor Compliance**: Monitor adherence to financial policies and procedures.
- 8. **Financial Analysis**:
- - **Analyze Data**: Conduct financial analysis to assess performance, profitability, and financial stability.
- - **Provide Insights**: Offer insights and recommendations based on financial analysis to support decision-making.
- 9. **Regulatory Compliance**:
- - **Ensure Compliance**: Ensure compliance with financial regulations, accounting standards, and company policies.
- - **Update Practices**: Stay updated on changes in accounting regulations and standards to maintain compliance.
- 10. **Payroll Management**:
- - **Process Payroll**: Manage payroll processing, including calculating wages, deductions, and benefits.
- - **Compliance**: Ensure payroll compliance with legal requirements and company policies.
- 11. **Record Retention**:
- - **Maintain Documentation**: Ensure proper retention and organization of financial records and documentation in accordance with legal and company requirements.
- 12. **Financial Systems Management**:
- - **Software Utilization**: Use accounting software and systems to manage financial data and reporting.
- - **System Updates**: Assist in the implementation and maintenance of financial systems and software.
- ### **Skills and Qualities**
- - **Attention to Detail**: High level of accuracy and attention to detail in managing financial records and reports.
- - **Analytical Skills**: Ability to analyze financial data, identify trends, and provide insights.
- - **Organizational Skills**: Strong organizational abilities to manage multiple financial tasks and deadlines effectively.
- - **Communication Skills**: Effective communication skills for interacting with stakeholders, including management, auditors, and clients.
- - **Technical Proficiency**: Proficiency in accounting software and tools, as well as a solid understanding of accounting principles and standards.
- - **Problem-Solving**: Ability to identify and resolve financial issues and discrepancies.
- - **Ethical Judgment**: Strong ethical standards and integrity in handling financial matters and maintaining confidentiality.
- An accountant is essential for managing financial transactions, ensuring compliance, and providing valuable insights into a company’s financial health, supporting overall business operations and decision-making.
Must-Have Skills
Education Criteria
- Bcom (Accounting )