Job Brief
We are seeking a skilled financial accountant to maintain our financial records and ensure compliance with accounting regulations at [Company X].
As a financial accountant, you will oversee the organisation’s financial health. Your expertise in fiscal analysis, reporting and management will help drive sound decision-making and help the company achieve its strategic objectives. As a vital team member, you will be critical in interpreting financial data, providing insights to support decision-making and implementing strategies to optimise economic performance while minimising tax liabilities.
If you have a strong understanding of financial principles and possess an analytical edge, we invite you to apply for this position. We offer competitive compensation packages, health benefits and opportunities for growth within the company. Our company values diversity and encourages candidates of all backgrounds to apply.
An accountant is responsible for preparing and maintaining financial records for the organisation. Their duties include examining financial statements to ensure they comply with local and international regulations and providing financial advice to the top management in order for them to make informed decisions.
Objectives of this role
Managing and maintaining financial records, including general ledger accounts and financial statements.
Reviewing financial documents and transactions to ensure accuracy and compliance.
Performing financial analysis and reporting to support business decisions.
Preparing and reviewing annual/quarterly budgets, forecasts and financial reports.
Developing and implementing economic policies and procedures in the company.
Reviewing and processing vendor invoices with an accurate booking of TDS/GST in the Oracle system.
Providing timely financial information to support decision-making processes.
Contributing to the overall financial health and stability of the organisation.
Your tasks
Prepare and present statements, such as balance sheets, income and cash flow.
Perform monthly, quarterly and annual financial closing activities.
Reconcile financial discrepancies by collecting and studying account information.
Analyse financial data to identify trends, variances and opportunities for improvement and provide insights to management for decision-making.
Manage treasury payment issues where applicable, including domestic and foreign payments.
Ensure that the organisation complies with all financial regulations, including tax laws, accounting standards and reporting requirements in India.
Understand the recorded loans and SEC and regulatory reporting.
Collaborate and consult with stakeholders throughout the enterprise.
Responsibilities
An accountant’s primary role is to keep records of all incoming and outgoing transactions and to ensure that each transaction corresponds to the correct account. They compile all financial data to analyse the pattern of transactions and create financial reports for all stakeholders. An accountant also needs to create profit and loss statements, balance sheets, and other financial statements to present the necessary information to the management. They also forecast the budget by analysing income and expenses in the financial year. Furthermore, reconciling ledger accounts and guiding the clerical staff are also the responsibility of the accountant. Other duties of an accountant may include:
Data Entry
Reconciliation (AR/AP/BRS/Inventory/Credit Card/Staff Advance/Inter Branch/Fixed Assets etc
Preparation of P & L and Balance Sheet Schedules
Fixed Assets and Interest ; Bank charges entries
Foreign Exchange Entries
Calculating taxes and submitting tax returns to comply with the law
Auditing financial documents to ensure they are accurate and maintaining the confidentiality of the financial data
Suggesting financial policies and procedures based on the overall financial status of the organisation
Managing the company’s accounts to ensure on-time payment and overseeing the software system for financial needs
Maintain the privacy of financial information, and when necessary, backup databases
Rectify any anomalies or inconsistencies they discover in the company’s financial document after approval from the Manager
Assess accounting software applications and accounting control procedures
Make and evaluate the organisation’s year-end financial accounts
Compose budget forecasts
Required skills and qualifications
A bachelor’s degree in accounting, finance or a related field.
Professional certification such as CPA (Certified Public Accountant) or ACCA (Association of Chartered Certified Accountants) is preferred.
4+ years of experience in accounting or finance.
Good technical knowledge in tax and accounting, including but not limited to regional India sub-continent countries’ statutory tax requirements.
Strong understanding of accounting principles, practices and procedures.
Proficiency in Microsoft Office Suite (Outlook, Excel, Word).
Excellent analytical and problem-solving skills.
Attention to detail and accuracy in financial data analysis and reporting.
Ability to work independently and collaboratively in a team environment.
Effective communication and interpersonal skills.
Preferred skills and qualifications
Experience in financial analysis and forecasting.
Knowledge of accounting software such as QuickBooks, SAP and/or Oracle.
Experience in a multinational or cross-cultural work environment.
Knowledge of IFRS (International Financial Reporting Standards).
Great organisational and time management skills.