Accountant

Position Overview

An accountant plays a vital role in an organization by maintaining financial records, preparing financial reports, and ensuring compliance with relevant laws and regulations.
They provide financial information that aids in decision-making and helps to ensure the financial stability and profitability of the company.

Key Responsibilities

Financial Record-Keeping: Accurately record and maintain financial transactions by entering data into accounting software or ledgers. This includes monitoring and reconciling accounts payable and receivable, maintaining general ledgers, and managing payroll records.
Financial Reporting: Prepare financial statements, including income statements, balance sheets, cash flow statements, and other reports as required. Analyze financial data to identify trends, discrepancies, and areas for improvement. Present financial information to management, stakeholders, and regulatory authorities.
Budgeting and Forecasting: Collaborate with management to develop annual budgets and forecasts. Monitor budget performance and provide regular reports on budget vs. actual variances. Make recommendations to optimize financial resources and improve profitability.
Tax Compliance: Ensure compliance with applicable tax laws and regulations. Prepare and file tax returns, including income tax, sales tax, and payroll tax. Stay updated on tax legislation changes and advise management on the potential impact on the organization.
Internal Controls: Establish and maintain internal control procedures to safeguard company assets and ensure accuracy and integrity of financial records. Identify and mitigate financial risks and frauds. Conduct internal audits to assess compliance and identify areas for improvement.
Financial Analysis: Conduct financial analysis, including ratio analysis, cost analysis, and profitability analysis. Provide insights and recommendations to management for informed decision-making and strategic planning.
Audit Support: Collaborate with external auditors during annual audits and provide necessary documentation and explanations. Address audit findings and implement corrective actions as required.
Regulatory Compliance: Stay abreast of accounting principles, standards, and regulations, such as Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS). Ensure compliance with relevant laws and regulations governing financial reporting.

Qualifications and Skills

Bachelor’s Degree in Accounting, Finance, or a related field.
Minimum of 3 years work experience.
Professional certifications such as Certified Public Accountant (CPA) or Chartered Accountant (CA) are preferred.
Proven experience working as an accountant or in a similar role.
Strong knowledge of accounting principles, financial reporting, and tax regulations.
Proficiency in accounting software and MS Office applications, particularly Excel.
Excellent analytical skills and attention to detail.
Strong problem-solving and decision-making abilities.
Effective communication and interpersonal skills.
Ability to work independently and meet deadlines.

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