Accounts Associate

1 week ago

Chennai Tamil Nadu, India Marutham Props Consulting Private Limited Full time

**Job Requirements For An Account Assistant**
- **Educational requirements**: The role requires a bachelor's degree in commerce, finance, accounting or a related field. This provides the necessary knowledge about accounting principles, taxation and financial management.
- **Experience**: Entry-level positions may not require prior experience, but having a background in bookkeeping, accounting or finance can be advantageous.
- **Soft skills**: Effective communication, teamwork and time management and interact effectively with colleagues, clients and vendors. In addition, analytical and problem-solving skills help them interpret financial data and address accounting discrepancies.
- **Compliance knowledge**: We require familiarity with the taxation system, goods and services tax (GST) laws and other financial regulations. Ensuring that the organisation complies with all relevant rules and guidelines.

**Responsibilities For An Account Assistant**

The primary duties for the role include:

- **Recording financial transactions**: Capability to record daily financial transactions, such as cash receipts, payments and invoices. Ensure to maintain an accurate record of its financial activities.
- **Reconciling bank statements**: Comparing the company's bank records with its financial records. This process is to identify discrepancies and rectify any errors.
- **Preparing financial reports**: Account assistants prepare periodic financial reports, including profit and loss statements, balance sheets and cash flow statements. These reports provide management with insights into the company's financial performance and position.
- **Managing accounts payable and receivable**: Ensuring timely and accurate payments to suppliers and receipt of payments from customers. This task involves maintaining accounts payable and receivable ledgers, issuing invoices and following up on overdue payments.
- **Assisting in budget preparation**: These professionals contribute to the budget preparation process by gathering and analysing financial data. They help estimate future revenue, expenses and cash flow, providing valuable input for management decision-making.
- **Maintaining accurate financial records**: The Person is to maintain accurate financial records by updating and organising financial documents. This includes filing invoices, receipts and other supporting documents for easy retrieval and reference.
- **Complying with tax regulations**: Account assistants ensure that the organisation complies with tax regulations by preparing and submitting tax returns and payments on time. They also keep up to date with changes in tax laws and regulations to avoid penalties and fines.
- **Assisting in financial audits**: During financial audits, you are expected to provide support by gathering and presenting relevant financial documents and records. They should also help to address any queries or concerns raised by auditors during this process.

**Job Types**: Full-time, Permanent

Pay: ₹20,000.00 - ₹25,750.67 per month

**Benefits**:

- Health insurance
- Provident Fund

Schedule:

- Day shift

Supplemental Pay:

- Yearly bonus

**Education**:

- Bachelor's (preferred)

**Experience**:

- Accounting: 1 year (preferred)
- total work: 1 year (preferred)

Work Location: In person

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