Junior Accountant

Role & responsibilities

An Accountant in a company is responsible for managing financial records, handling transactions, ensuring compliance with tax regulations, and providing financial insights to support business decisions. They play a crucial role in maintaining the financial health of the organization.

Key Responsibilities:

1. Financial Management & Bookkeeping

• Maintain accurate financial records, ledgers, and journal entries.
• Process invoices, receipts, and payments.
• Reconcile bank statements and accounts.

2. Accounts Payable & Receivable

• Manage vendor payments and customer receipts.
• Ensure timely billing and collection of dues.
• Handle credit control and outstanding balance follow-ups.

3. Payroll Processing

• Calculate salaries, overtime, and deductions.
• Process employee payments and maintain payroll records.
• Ensure compliance with labor laws and statutory deductions (PF, ESI, etc.).

4. Taxation & Compliance

• Prepare and file tax returns (GST, VAT, TDS, Income Tax, etc.).
• Ensure compliance with government regulations and tax laws.
• Maintain financial records for audits and legal purposes.

5. Budgeting & Financial Planning

• Prepare budgets and monitor financial performance.
• Analyze expenses and suggest cost-saving measures.
• Assist management with financial forecasting and decision-making.

6. Financial Reporting & Analysis

• Generate monthly, quarterly, and annual financial statements.
• Analyze financial data to assess profitability and risks.
• Provide insights to improve financial efficiency.

7. Audit & Internal Controls

• Assist in internal and external audits.
• Implement financial controls to prevent fraud and mismanagement.
• Ensure accuracy and transparency in financial reporting.

8. Asset & Inventory Management

• Maintain records of company assets and depreciation schedules.
• Track inventory and manage stock levels for cost efficiency.
• Ensure accurate valuation and allocation of assets.

Skills & Qualifications Required:

✔ Education: Bachelors degree in Accounting, Finance, or related field.
✔ Experience: Fresher
✔ Software Knowledge: Tally, ms office
✔ Regulatory Knowledge: Familiarity with tax laws, financial compliance, and industry-specific regulations.
✔ Analytical Skills: Ability to analyze financial data and generate reports.
✔ Attention to Detail: Ensure accuracy in financial records and transactions.
✔ Communication Skills: Ability to coordinate with management, vendors, and auditors