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Accountant
AIT Global
posted 5mon ago
Job Role Insights
Fixed timing
Key skills for the job
Job Description
- Invoicing of clients spread all over US using QuickBooks after acquiring necessary approvals from project managers and LOB heads.
- Entering and payment of vendor bills using QuickBooks.
- Payroll Processing: Collecting time and timesheets from consultants and preparing payroll monthly sheets.
- Updating weekly, Bi-weekly, Monthly PR worksheet, uploading in the software and processing.
- Processing of invoices from outside contractors in QuickBooks after reconciling the hours invoiced and the timesheets entered in our system.
- Entering and updating records of employees, vendors and outside contractors in QuickBooks including billing rates and pay rates.
- Calculating consultants working and amount receivable and payable.
- Monthly and quarterly revenue reconciliation between QuickBooks and in-house software.
- Preparation and monitoring of AR Aging and AP Aging report from QuickBooks.
- Preparation and processing of W-2 Forms and 1099s for employees and outside contractors.
- Executing and monitoring expense reimbursements of US employees after verifying supporting receipts and necessary approvals.
- Prepare revenue and cost budgets for all the projects in consultation with project managers and LOB heads.
- Prepare monthly and annual budgets and provide justification in case of any variance (Actual vs Forecast) above threshold limit.
- Periodic reporting of variances to various departmental heads with a view to controlling and monitoring the same.
- Prepare monthly MIS statements and Cash Flows for all projects, customer wise and LOB wise.
- Prepare detailed expense and resource budgets for each company department in collaboration with department managers.
- Design and develop financial and statistical reports as per departmental heads and management's requirement.
- Preparing monthly and annual financial statements- profit and loss statement, balance sheet and cash flow statement.
Skills Required:
- Quick books Knowledge.
- Strong understanding of accounting theory.
- Proficiency with email and Microsoft Office applications.
- Excellent communication and interpersonal skills.
- Bachelors or higher degree in Accounting or Finance.
Employment Type: Full Time, Permanent
Functional Areas: Accounting/Finance
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Campus Placement
57%
29%
14% candidates got the interview through other sources.
Moderate
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What people at AIT Global are saying
What AIT Global employees are saying about work life
based on 95 employees
Strict timing
Monday to Friday
No travel
Day Shift
AIT Global Benefits
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