Accounts Officer
6 days ago
**Financial Reporting**: Accountant officer will be responsible for preparing and analyzing financial statements such as balance sheets, income statements, and cash flow statements. These reports provide insights into the company's financial health and performance.
- **Budgeting and Forecasting**: Accountants work closely with management to develop annual budgets and forecasts for the company's real estate projects. They monitor actual performance against these budgets and forecasts, identifying variances and making recommendations for corrective actions.
- **Tax Compliance**: Real estate transactions often have complex tax implications. Accountants ensure that the company complies with tax laws and regulations, including property taxes, income taxes, and sales taxes. They may also advise on tax planning strategies to minimize the company's tax liability.
- **Property Accounting**: Accountants maintain detailed records of the company's real estate holdings, including property acquisitions, disposals, leases, and rental income. They track depreciation expenses and other property-related costs to accurately reflect the value of the company's assets.
- **Cost Accounting**: Cost accountants analyze the costs associated with real estate development projects, including construction costs, land acquisition costs, and financing costs. They help management understand the profitability of individual projects and make informed decisions about resource allocation.
- **Financial Analysis**: Accountants conduct financial analysis to evaluate the profitability and performance of real estate investments. They may calculate key financial metrics such as return on investment (ROI), net present value (NPV), and internal rate of return (IRR) to assess the viability of potential projects.
- **Internal Controls**: Accountants establish and maintain internal controls to safeguard the company's assets and prevent fraud or misappropriation of funds. They develop policies and procedures for financial transactions, ensuring compliance with regulatory requirements and industry best practices.
- **Auditing**: Accountants coordinate with external auditors to facilitate annual audits of the company's financial statements. They provide auditors with accurate and complete financial records, address any audit findings or recommendations, and ensure compliance with audit requirements.
- **Cash Management**: Accountants manage the company's cash flow, ensuring that sufficient funds are available to meet financial obligations such as loan payments, operating expenses, and capital expenditures. They may also recommend investment strategies to maximize the company's returns on idle cash.
- **Financial Planning and Analysis (FP&A)**: Accountants contribute to the overall financial planning process by providing insights and analysis to support strategic decision-making. They may develop financial models, scenario analyses, and sensitivity analyses to evaluate different business scenarios and their potential impact on the company's financial performance.
**Salary**: ₹30,000.00 - ₹50,000.00 per month
**Benefits**:
- Cell phone reimbursement
- Health insurance
- Paid sick time
- Provident Fund
Schedule:
- Day shift
Supplemental pay types:
- Yearly bonus
**Education**:
- Bachelor's (preferred)
**Experience**:
- Accounting: 5 years (preferred)
- total work: 4 years (preferred)
Ability to Commute:
- Whitefield, Bengaluru, Karnataka (required)
Ability to Relocate:
- Whitefield, Bengaluru, Karnataka: Relocate before starting work (required)
Work Location: In person
**Speak with the employer**
+91 7411900172
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