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Engaged Employer

AIT Global

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3.5

based on 111 Reviews

25 AIT Global Jobs

Accountant

AIT GLOBAL INDIA PRIVATE LIMITED

3.5

based on 111 Reviews

4-8 years

Pune

1 vacancy

Accountant

AIT Global

posted 8mon ago

Job Role Insights

Fixed timing

Key skills for the job

Accounting Biochemistry MS Office CCTV Monitoring PDF Payroll Processing

+ 3 more

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.