Job Description
We are looking for an Accountant to manage all financial transactions, from fixed payments and variable expenses to bank deposits and budgets. Accountant responsibilities include auditing financial documents and procedures, reconciling bank statements and calculating tax payments and returns. To be successful in this role, you should have previous experience with bookkeeping and a flair for spotting numerical mistakes. Ultimately, you will provide us with accurate quantitative information on financial position, liquidity and cash flows of our business, while ensuring we’re compliant with all tax regulations.
Responsibilities
- 1. Financial Management
- Maintaining accurate financial records, including sales, purchases, and expenses.
- Preparing daily, weekly, and monthly reports on cash flow and financial performance.
- Managing accounts payable and receivable, including timely payment to suppliers and collection from customers.
2. Billing and Invoicing - Generating and issuing invoices to customers for sales of steel and cement.
- Verifying supplier invoices and ensuring accuracy.
3. Banking and Payments - Handling all bank-related transactions, including deposits, withdrawals, and online transfers.
- Reconciling bank statements with shop accounts.
4. Tax Compliance - Calculating and filing GST returns and other applicable taxes.
- Ensuring compliance with all local tax regulations and maintaining proper documentation for audits.
5. Inventory and Stock Management - Coordinating with the storekeeper to maintain accurate records of inventory levels.
- Helping monitor stock flow to ensure sufficient availability of steel and cement products.
6. Payroll Management - Processing employee salaries, incentives, and deductions.
- Maintaining records of employee attendance and payroll-related documentation.
7. Customer Interaction - Addressing customer queries related to billing and payment.
- Ensuring customer accounts are up to date and issuing payment reminders, if needed.
8. Record Keeping and Documentation - Maintaining proper documentation for all transactions, including purchase orders, receipts, and delivery challans.
- Preparing balance sheets, profit and loss statements, and other financial reports.
9. Budgeting and Forecasting - Assisting the management in creating budgets and financial forecasts.
- Analyzing financial data to provide insights for improving profitability.
10. Audit Support - Preparing financial records and assisting auditors during audits.
- Ensuring all records are compliant with accounting standards and government regulations.
Key Skills Required: - Strong knowledge of accounting principles and software (e.g., Tally, MS Excel).
- Familiarity with GST regulations and tax filing procedures.
- Attention to detail and organizational skills.
- Effective communication for interaction with customers and suppliers.
- Comply with financial policies and regulations