Accounts Asst 676 views

Dharmshri Electricals

Accounts Team Job description

An accounting department provides accounting services and manages the finances of a company.

Its responsibilities include recording accounts, paying bills, billing clients and customers, tracking assets and expenditures, managing payroll and keeping track of critical tax documents.

Responsibilities

• Investigating financial transactions and records on a daily basis.
• Analysing account activities of various other departments of the organization.
• Reviewing incoming and outgoing invoices.
• Maintaining and preparing the budget.
• Working in collaboration with Internal Auditor, External Auditors, and other Accountants.
• Making payments to various service providers.
• Preparing and updating account payables and receivables.
• Managing financial records in compliance with tax and accounting laws.
• Evaluating internal control systems and providing necessary suggestions.
• Preparing financial reports and presenting it to the higher management.

• Manage and oversee the daily operations of the accounting department including:
  • Month and year-end process
  • Accounts payable/receivable
  • Cash receipts
  • General ledger
  • Payroll and utilities
  • Treasury, budgeting
  • Cash forecasting
  • Revenue and expenditure variance analysis
  • Capital assets reconciliations
  • Trust account statement reconciliations,
  • Check runs
  • Fixed asset activity
  • Debt activity
• Monitor and analyse accounting data and produce financial reports or statements
• Establish and enforce proper accounting methods, policies and principles
• Coordinate and complete annual audits
• Provide recommendations
• Improve systems and procedures and initiate corrective actions
• Assign projects and direct staffto ensure compliance and accuracy
• Meet financial accounting objectives
• Establish and maintain fiscal files and records to document transactions

JOB RESPONSIBILITIES

• Bank Reconciliation statement
• Bank Payment System
• Journal Entry
• Personal Accounts BRS
• Share Trading Accounts
• Income Tax-Preparing Computation of Tax for various types of assesses, Payment of Income Taxes-Filing of Income Tax Returns
• TDS-Preparation of TDS Calculation Sheet, Online TDS Return File and Revised, Download TDS Certificate, Online payment of TDS and GST
• Bank Reconciliation and Handling Banking Operations
• Reconcile Accounts in timely manner.
• Handling Accounts Payable and Accounts Receivable.
• Debtors & creditors reconciliation
• Payroll reconciliation with previous record.
• Working Capital Management
• Handling Firm Banking & Accounts related matters
• Follow- ups with the Bank & Clients
• Maintain Payroll in Tally ERP & Process the same
• Finalization of Accounts.
• GST-filing of online GST Returns (GSTR-1 & GSTR-3B), Preparation of GSTR-2A Reconciliation, Cancellation of GST,