Assistant Accountant

2 days ago

Metagalli Mysuru, India Pranavam Solutions Private Limited Full time ₹ 2,00,000 - ₹ 4,00,000 per year
  • Assistant Accountant – Key Roles and Responsibilities1. Financial Record KeepingMaintain accurate and up-to-date financial records.
  • Assist with ledger maintenance (General, Sales, Purchase).
  • Record day-to-day financial transactions in accounting software (e.g., QuickBooks, Xero, SAP).
  • 2. Accounts Payable and ReceivableProcess supplier invoices and employee expense claims.
  • Match invoices with purchase orders and delivery notes.
  • Prepare and send customer invoices.
  • Follow up on outstanding payments (credit control).
  • 3. Bank ReconciliationReconcile company bank statements with internal records.
  • Investigate discrepancies or unusual transactions.
  • 4. Month-End and Year-End AssistanceHelp in preparing financial reports at the end of each month.
  • Support with year-end closing and audits.
  • Assist in producing trial balances and P&L reports.
  • 5. Payroll SupportAssist in calculating staff wages and salary adjustments.
  • Support payroll processing and tax calculations (PAYE, NI, etc.).
  • Maintain employee expense and reimbursement records.
  • 6. Tax and Compliance SupportAssist with preparation of VAT returns, tax filings, and statutory reports.
  • Ensure compliance with financial regulations and internal controls.
  • 7. Budget MonitoringHelp track and monitor department or project budgets.
  • Flag variances between actuals and budgets.
  • 8. Financial ReportingGenerate standard reports such as income statements, balance sheets, and cash flow reports.
  • Prepare ad-hoc reports for management.
  • 9. Internal SupportWork closely with other departments to resolve finance-related queries.
  • Support senior accountants or finance managers with specific tasks or projects.
  • 10. Data Entry and System MaintenanceEnsure timely and accurate data entry into accounting systems.
  • Update financial databases and spreadsheets.
  • Common Tools/Software UsedMicrosoft Excel (VLOOKUP, Pivot Tables, etc.)
  • Accounting software: QuickBooks, Xero, Sage, SAP, Oracle
  • Payroll software: ADP, Paychex, etc.
  • Typical Qualifications and SkillsAAT, ACCA (part-qualified), or degree in Accounting/Finance.
  • Strong numerical and analytical skills.
  • Attention to detail.
  • Time management and organizational abilities.
  • Basic understanding of accounting principles.

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