Accounts Officer

**Department**: Finance and Accounts
**Reports to**: Finance Manager
**Location**: VM Office and New York Academy - Jubilee Hills

**Job Summary**:
The Accounts Officer is responsible for managing the day-to-day financial transactions of the organization, including bookkeeping, payroll, accounts payable/receivable, budgeting, and reporting. The role ensures compliance with legal regulations and company policies while maintaining accurate and timely financial records.

**Key Responsibilities**:

- **Financial Record-Keeping**:

- Maintain accurate and up-to-date financial records in the company’s accounting systems.
- Record day-to-day financial transactions and ensure compliance with internal controls.
- Verify, allocate, post, and reconcile transactions.
- **Accounts Payable and Receivable**:

- Manage the processing of invoices, receipts, and payments.
- Prepare and send out invoices to customers and manage incoming payments.
- Follow up on overdue accounts and manage collection of outstanding receivables.
- Reconcile accounts payable and receivable ledgers.
- **Bank Reconciliation and Cash Management**:

- Reconcile bank statements and resolve any discrepancies.
- Monitor cash flow, manage petty cash, and prepare cash forecasts.
- Manage payments and monitor account balances to ensure sufficient funds are available.
- **Payroll Management**:

- Assist in processing payroll and ensure timely and accurate salary payments.
- Ensure compliance with tax regulations and other statutory requirements related to payroll.
- **Budgeting and Reporting**:

- Assist in preparing financial statements and reports such as balance sheets, profit and loss statements, etc.
- Provide financial data and reports to management for budgeting and forecasting purposes.
- Assist in the preparation of the annual budget and quarterly forecasting.
- **Taxation and Compliance**:

- Ensure compliance with statutory tax regulations such as TDS, GST, and other applicable taxes.
- Assist with tax audits, financial audits, and ensure timely filing of tax returns.
- **Financial Audits**:

- Assist external auditors in conducting financial audits and ensure that any discrepancies are resolved.
- Prepare documentation and explanations to support audit requirements.
- **Internal Control and Policy Implementation**:

- Maintain internal control systems to safeguard company assets and ensure compliance with financial policies.
- Ensure that financial transactions comply with company policies and legal regulations.
- **General Administration**:

- Support general administrative functions within the finance department.
- Provide financial data and reports to the management as required.

**Qualifications and Skills**:

- Bachelor’s degree in Accounting, Finance, or a related field.
- Professional accounting certification (e.g., CA, ICWA etc) is preferred.
- Minimum of 3-8 years of experience in accounting or financial management.
- Strong knowledge of accounting principles, taxation, and financial regulations.
- Strong analytical, problem-solving, and attention to detail.
- Excellent organizational skills and the ability to meet deadlines.
- Good communication skills and the ability to work collaboratively with internal and external stakeholders.

**Work Environment**:

- Full-time position with standard office hours.
- Occasionally may need to work extra hours during financial audits or fiscal year-end processes.

Pay: ₹35,000.00 - ₹55,000.00 per month

**Benefits**:

- Cell phone reimbursement
- Health insurance

Schedule:

- Day shift

**Education**:

- Bachelor's (preferred)

**Experience**:

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

Work Location: In person