Executive Accounts

Financial Recordkeeping

• Bookkeeping: Maintain and update financial records, including ledgers and journals.

• General Ledger Management: Ensure that all financial transactions are accurately recorded

in the general ledger.

• Bank Reconciliation: Compare and reconcile the organization's financial records with bank

statements to ensure accuracy.

Financial Reporting

• Prepare Financial Statements: Compile balance sheets, income statements, cash flow

statements, and statements of equity.

• Internal Reporting: Provide internal stakeholders (management, executives) with timely

financial reports for decision-making purposes.

• External Reporting: Prepare reports required for external stakeholders, including tax

authorities, regulatory agencies, and investors.

Tax Preparation and Compliance

• Tax Returns: Prepare and file tax returns, ensuring compliance with local, state, and federal

tax laws.

• Tax Planning: Assist in minimizing tax liabilities through strategic planning and identifying

tax-saving opportunities.

• Maintain Tax Records: Ensure that all tax-related records are complete and accurate.

Budgeting and Forecasting

• Budget Preparation: Work with management to prepare annual or quarterly budgets and

forecasts.

• Cost Control: Monitor expenditures and ensure that they remain within the approved

budget.

• Variance Analysis: Identify and analyse differences between actual financial results and

budgeted figures.

Auditing and Internal Controls

• Audit Support: Prepare for and support external audits, providing auditors with the

necessary documentation and explanations.

• Internal Audits: Conduct internal audits to ensure compliance with internal policies,

accounting standards, and regulations.

• Implementing Internal Controls: Develop and maintain effective internal controls to prevent

fraud and financial mismanagement.

Financial Analysis

• Financial Data Analysis: Analyse financial data to identify trends, opportunities, and risks.

• Performance Metrics: Track key financial metrics (e.g., profit margins, return on investment)

to assess the organization's financial health.

• Cost Analysis: Conduct cost-benefit analysis for projects or new business ventures.

Accounts Payable and Receivable

• Accounts Payable: Process and manage invoices, ensuring timely payments to suppliers and

creditors.

• Accounts Receivable: Track outstanding invoices, manage collections, and ensure timely

receipt of payments.

• Credit Management: Monitor customer credit and payment terms, assessing credit risk.

Payroll Management

• Process Payroll: Calculate wages, benefits, and deductions, and ensure timely payment of

employee salaries.

• Tax Withholdings: Ensure that the correct tax deductions are made for employees, including

federal, state, and local taxes.

• Benefits Administration: Manage employee benefit programs (e.g., health insurance,

retirement plans).

Financial Software Management

• Accounting Software: Use accounting software (e.g., QuickBooks, SAP, Oracle) to manage

financial transactions and generate reports.

• System Integration: Ensure that financial systems are integrated with other business

operations (e.g., inventory, sales, HR).

Compliance and Regulations

• Stay Updated on Accounting Standards: Keep up with changes in accounting standards (e.g.,

GAAP, IFRS) and regulatory requirements (e.g., Sarbanes-Oxley Act).

• Regulatory Reporting: Ensure compliance with relevant laws and regulations, including those

related to financial reporting, taxes, and corporate governance

Advisory and Strategic Support

• Financial Advice: Provide advice to management on financial planning, investments, and

cost-cutting measures.

• Decision Support: Assist in decision-making by providing financial insights and forecasts.

• Risk Management: Identify financial risks and propose measures to mitigate them.

Communication

• Liaise with Stakeholders: Communicate financial information effectively to stakeholders,

including executives, investors, auditors, and regulatory bodies.

• Collaboration: Work closely with other departments (e.g., operations, HR, legal) to ensure

alignment on financial goals and strategies.

Job Type: Full-time

Pay: ₹10, ₹18,000.00 per month

Work Location: In person