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2 days ago


Bengaluru, India Pradeepit Consulting Services Full time

Job Description Data Entry and Bookkeeping: - Enter financial transactions, including sales, purchases, expenses, and payments, into Tally. - Maintain accurate records of accounts payable and accounts receivable. - Record bank transactions, reconciling them with bank statements. - Accounts Receivable/Payable Management. Monitor customer and supplier accounts to ensure timely payments and collections. - Generate invoices and track their status. - Update payment records and handle payment discrepancies. - General Ledger Management. Maintain the general ledger, recording journal entries and adjusting entries. - Reconcile ledger accounts to ensure accuracy. Financial Reporting: - Generate various financial reports, including profit and loss statements, balance sheets, and cash flow statements. - Prepare financial statements for internal and external stakeholders. Taxation and Compliance: - Calculate and file GST (Goods and Services Tax) returns using Tallys tax features. - Ensure compliance with tax regulations and guidelines. - Generate reports for tax audits and assessments. Bank Reconciliation: - Reconcile bank statements with Tally records to identify and resolve discrepancies. Financial Analysis: - Analyze financial data to identify trends, patterns, and areas for improvement. - Provide insights and recommendations to management based on financial analysis. Income Statement (Profit and Loss Statement): - Shows the companys revenues, expenses, and profits over a specific period. - Highlights the companys ability to generate profit from its operations. Balance Sheet: - Provides a snapshot of the companys financial position at a specific point in time. - Lists the companys assets, liabilities, and shareholders equity. Cash Flow Statement: - Tracks the inflow and outflow of cash during the reporting period. - Highlights the companys ability to manage its cash flow effectively. Accounts Receivable Aging Report: - Details the outstanding invoices and how long they have been overdue. - Helps monitor the companys receivables and identify potential cash flow issues. Expense Report: - Breaks down the companys expenses by category (e.g., salaries, utilities, marketing). - Provides insights into spending patterns and helps control costs. Revenue by Service/Product Report: (Good to have or keen to learn) - Breaks down revenue by the different services or products offered by the IT company. - Helps evaluate the performance of various offerings. Key Performance Indicators (KPIs) Report: (Good to have or keen to learn) - Includes relevant KPIs specific to the IT industry, such as client retention rate, project completion rate, and more. - Helps monitor the companys performance against set goals. Year-End Closing Activities: - Assist in year-end closing procedures, including adjusting entries and preparing financial statements for audit and tax filing. Data Backup and Security: - Regularly backup Tally data to prevent data loss. - Implement security measures to protect sensitive financial information. Training and Support: - Provide training and support to junior accounting staff in using Tally effectively.



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