Chartered Accountant

Key Responsibilities:

Balance Sheet Management:

• Prepare and maintain accurate and up-to-date balance sheets.
• Reconcile and verify account balances to ensure accuracy.
• Analyze financial statements and reports to identify discrepancies and resolve issues.
• Prepare supporting schedules and documentation for balance sheet accounts.

Profit & Loss (P&L) Statements:

• Prepare monthly, quarterly, and annual Profit & Loss statements.
• Analyze revenue and expense trends to provide insights into financial performance.
• Ensure that P&L statements are accurate and in compliance with accounting standards.
• Provide detailed explanations of variances and financial performance metrics.

Bank Reconciliation:

• Perform regular bank reconciliations to verify the accuracy of cash balances.
• Reconcile bank statements with the company’s internal financial records and identify any discrepancies.
• Investigate and resolve discrepancies by coordinating with banks and internal stakeholders.
• Ensure timely and accurate completion of all bank reconciliations for monthly and quarterly closings.

Foreign Remittance:

• Manage foreign remittance processes, including the preparation and processing of international transactions.
• Ensure compliance with relevant regulations and documentation requirements for foreign remittances.
• Coordinate with banks and financial institutions to facilitate smooth foreign transactions.
• Maintain records of foreign remittances and handle any related reconciliation tasks.

Tax and Audit Compliance:

• Assist in the preparation and filing of tax returns, ensuring compliance with local, state, and federal tax regulations.
• Support internal and external audit processes by providing accurate and timely documentation.
• Respond to auditor inquiries and assist in resolving audit issues.
• Stay updated on changes in tax laws and regulations that may affect the organization.

Tally:

• Utilize Tally accounting software for various accounting functions, including data entry, ledger management, and reconciliation.
• Generate financial reports and statements using Tally software.
• Troubleshoot and resolve any issues related to Tally software and its functionalities.
• Maintain accurate and complete records in Tally for audit and compliance purposes.