Job Responsibilities
An accountant plays a crucial role in managing financial records and ensuring compliance with regulations. Here are some key responsibilities of an accountant:
Key Responsibilities:
- Financial Transactions & Data Entry: Recording and verifying financial data, including invoices, payments, receipts, and ledger entries.
- Database Management: Updating and maintaining accounting software and spreadsheets with accurate financial information.
- Reporting & Documentation: Preparing balance sheets, profit and loss statements, and financial reports while ensuring data integrity.
- Bank Reconciliation: Verifying transactions and reconciling discrepancies between company records and bank statements.
- Suspense Account Clearance: Resolve any unidentified transactions to maintain accuracy.
- Asset & Depreciation Entries: Properly capitalize new assets and record depreciation as per accounting standards.
- Provisioning: Make provisions for outstanding liabilities, bad debts, and prepaid expenses.
- Profit & Loss Review: Analyze gross and net profit ratios and discuss significant changes with management.
- Auditing & Compliance: Ensuring all financial entries comply with tax laws and company policies.
Required Skills, Experience, and Qualifications
- Bachelor’s degree in accounting, finance, or a related field.
- 2+ years of progressive professional experience in accounting, including leadership or supervisory roles.
- Advanced knowledge of IFRS and compliance standards.
- Proficiency in accounting software, such as Tally, QuickBooks, Zoho, or similar platforms.
- Exceptional analytical skills with a proven track record of identifying and resolving financial discrepancies.
- Strong interpersonal and communication skills, with the ability to present complex financial data to senior leadership and stakeholders.
