Overview:. As a responsible Accountant you are expected to cater for the requirements of managing accounts and administrative requirements of the organization. You would be required to coordinate with banks, creditors and investors, carry out financial transactions, maintain financial records, file monthly and annual GST returns, file Income Tax Returns, maintain stock statements, manage employee payrolls, manage day-to-day operations, maintain documents and files, and correspond with vendors and customers. In doing so, you would be expected to maintain accounting and admin standards with a professional approach to time, costs and deadlines
Objective: -. The primary objective of an accountant is to ensure accurate financial records, compliance with relevant regulations, and support informed decision-making within the organization
Key Responsibilities. Financial Record Keeping:. Maintain accurate and up-to-date financial records
Record financial transactions in the general ledger and subsidiary ledgers
Reconcile bank statements and other financial accounts regularly
Budgeting and Forecasting:. Collaborate with relevant departments to develop annual budgets
Monitor budget performance and provide variance analysis
Assist in financial forecasting to support strategic planning
Financial Reporting:. Prepare financial statements, including income statements, balance sheets, and cash flow statements
Generate and analyze financial reports for management review
Ensure compliance with accounting standards and regulations
Tax Compliance:. Prepare and submit accurate and timely tax returns
Stay informed about changes in tax laws and regulations
Collaborate with external tax consultants when necessary
Audit Support:. Facilitate internal and external audits by providing necessary documentation
Address audit findings and implement corrective actions
Maintain a system of checks and balances to ensure internal controls
Expense Management:. Monitor and control expenses to ensure they align with budgetary constraints
Review and approve employee expense reports
Identify opportunities for cost savings
Financial Analysis:. Conduct financial analysis to support strategic decision-making
Provide insights into financial performance trends
Assist in evaluating the financial impact of business initiatives
Compliance and Regulations:. Stay updated on accounting standards, regulations, and compliance requirements
Ensure adherence to all relevant financial laws and regulations
Payroll Processing:. Oversee payroll processing to ensure accuracy and compliance
Address any payroll-related issues and discrepancies
Stay informed about changes in payroll tax laws
Financial Software and Systems:. Utilize financial software for record-keeping and reporting
Ensure the integrity and security of financial data
Provide training to staff on financial systems when necessary
Communication and Collaboration:. Collaborate with other departments to obtain necessary financial information
Communicate financial information to non-financial stakeholders in a clear and understandable manner
Participate in cross-functional teams for process improvement
Requirements. Bachelors degree in accounting, Finance, or related field
Professional certification (e.g., CPA, CMA) is preferred
Strong knowledge of accounting principles and regulations
Proficiency in financial software and Microsoft Excel
Excellent analytical and problem-solving skills
Attention to detail and high level of accuracy
Effective communication and interpersonal skills
Ability to work independently and as part of a team