Jr. Accounts

Role & responsibilities

1. Financial Reporting:
• Prepare monthly, quarterly, and annual financial statements, including income statements, balance sheets, and cash flow reports.
• Ensure accuracy and compliance with accounting standards, tax laws, and company policies.
• Provide detailed financial analysis and insights to support decision-making.
2. General Ledger Management:
• Oversee general ledger activities, ensuring proper reconciliation of accounts.
• Review journal entries, accounting records, and ensure proper categorization of expenses and revenues.
3. Accounts Payable & Receivable:
• Supervise the accounts payable and receivable functions, ensuring timely processing of invoices and payments.
• Ensure proper follow-up with clients and vendors for outstanding balances.
• Review and approve payment schedules and client billing processes.
4. Budgeting & Forecasting:
• Assist in the preparation of annual budgets and financial forecasts.
• Track budget performance and provide regular variance analysis.
• Advise management on cost control measures and recommend financial improvements.
5. Taxation & Compliance:
• Ensure timely and accurate filing of tax returns, including VAT, GST, income tax, and others.
• Keep updated with changes in tax laws and regulations and ensure compliance.
• Manage tax audits and liaise with external auditors during the annual audit process.
6. Cash Flow Management:
• Monitor cash flow to ensure the company has sufficient liquidity to meet operational requirements.
• Prepare cash flow forecasts and ensure proper financial planning.
7. Internal Controls & Audit:
• Develop and enforce internal controls to safeguard company assets and prevent fraud.
• Coordinate with external auditors during the audit process and provide necessary information and documentation.
• Ensure compliance with regulatory standards and internal financial policies.
8. Team Supervision & Mentoring:
• Supervise and guide junior accountants or accounting staff, providing training and mentoring as needed.
• Review and approve their work to ensure accuracy and adherence to deadlines.
• Conduct performance reviews and assist in career development planning for team members.
9. Financial Analysis:
• Conduct financial analysis and provide reports to management on business performance, profitability, and cost-saving opportunities.
• Assist in strategic planning and provide insights for future financial goals.

Preferred candidate profile

• Strong knowledge of accounting principles, financial regulations, and tax laws.
• Proficiency in accounting software (e.g., Tally, QuickBooks, SAP, Oracle) and MS Office (especially Excel).
• Strong analytical, problem-solving, and organizational skills.
• Attention to detail and ability to work under pressure and meet deadlines.

• Key Competencies:
• Strong leadership and team management skills.
• Excellent communication and interpersonal skills.
• Ability to manage multiple tasks and prioritize effectively.
• High ethical standards and integrity.