Key Responsibilities:
1. Financial Reporting:
o Prepare and review monthly, quarterly, and annual financial statements in compliance with accounting standards and regulations.
o Ensure accurate and timely reporting of financial performance to senior management and stakeholders.
2. Accounting Management:
o Oversee day-to-day accounting operations, including accounts payable, accounts receivable, general ledger, and bank reconciliations.
o Ensure proper maintenance of accounting records and adherence to internal controls.
3. Compliance and Audit:
o Ensure compliance with local, state, and federal regulations and accounting principles.
o Coordinate and assist with internal and external audits, providing necessary documentation and explanations.
4. Financial Analysis:
o Conduct financial analysis and variance analysis to identify trends, discrepancies, and areas for improvement.
o Prepare detailed financial reports and presentations for senior management, highlighting key insights and recommendations.
5. Budgeting and Forecasting:
o Assist in the preparation of annual budgets and forecasts, providing valuable input and analysis.
o Monitor and analyse budget performance, recommending corrective actions as needed.
6. Team Leadership:
o Supervise and mentor junior accounting staff, providing guidance and support for their professional development.
o Review and approve accounting transactions and reconciliations prepared by team members.
7. Process Improvement:
o Identify opportunities for process improvements and efficiencies in accounting procedures.
o Implement best practices and streamline accounting processes to enhance accuracy and productivity.
Qualifications:
• Education: Bachelor’s degree in accounting, Finance, or a related field. Chartered Accountant (CA) qualification is required.
• Experience: Minimum of 5-7 years of progressive accounting experience, including supervisory experience. Experience in a similar role or industry is preferred.
• Technical Skills:
o Strong knowledge of accounting principles, practices, and regulations.
o Proficiency in accounting software and Microsoft Excel (advanced skills preferred).
• Analytical Skills: Excellent analytical and problem-solving abilities with attention to detail.
• Communication Skills: Strong verbal and written communication skills, with the ability to effectively present financial information to non-financial stakeholders.
• Leadership Skills: Proven ability to lead and motivate a team, with a focus on achieving results and fostering a collaborative work environment.
• Knowledge of Investments in Indian & Overseas Market and has practical experience of Investment Accounting is preferred.
• Preparation of Financials of Individuals, Partnership Firm, LLP, Corporates basis Trail Balance which includes:
• Income Expenditure Account or Profit & Loss Account,
• Balance Sheet (BS). Notes / Schedules to P&L & BS. Bank Reconciliation Statement (BRS)
• Computation of Advance tax Working basis Income & Expenditure Account and P&L A/c
• Computation of Income & Tax Liability
• GST Compliances & Handling Income Tax and GST Notices
• Filing of GSTR-1 &Filing of GSTR-3B
• Monthly sign-off of checklist
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