Account Head

duties and responsibilities of Accounts Head as:

• Day to day accounting and following up with team members.
• Verification of all payments of Contractors- R.A. Bills, Purchase and Expense Bills.
• Preparation of Quarterly & Yearly Financials.
• Planning & Managing Funds for weekly Vendor payments & monthly/quarterly EMI Payment.
• Follow up with customers & financial institution for collection.
• Follow up with financial institution for loan disbursement.
• Provide details for financial institution as when as required.
• Work with department managers on budgets and forecasts, including ongoing monitoring of performance and ad-hoc analyses related to their function.
• Prepare quarterly basis provisional cash flow statement for management.
• Compare provisional cash flow statement with actual expenses and identify variances, if any.
• Preparing various MIS as when required by the Management.
• Compliance of various statutory laws such as Income tax, Service tax and Works Contract tax, etc.
• Calculate Advance Tax liability as per revised guidance note.
• Handling Income tax scrutiny case assessments, commissioner appeal and search case.
• Handling various ROC Compliances: annual return filing, extension of AGM.
• Calculation of individual Employee TDS, verification of Salary, Verifying payments of PF, ESIC and PT related to salary.
• Follow up with financial institutions for project approval (APF).