Urgent Hiring For Core Accounting For Bangalore Location For F2F

4 days ago


Bengaluru, Karnataka, India Clarity Consulting Full time ₹ 40,00,000 - ₹ 1,20,00,000 per year

JOB DESCRIPTION

-Apply on -0-15days Candidates only Apply

CTC-can go upto 7 LPA

Skills and Experience

• Post Graduate Degree (MBA/M.Com), CA Inter, CMA Inter, CMA, ACCA from an accredited

university

• Strong accounting knowledge along with experience of preparation of Financial Statements

• Knowledge about Principles and concepts of Accounting, through understanding of various

journal entries

• Experience in working with MS Office particularly MS Word and MS Excel

• Should be willing to work in shifts

• Maintain flexibility to work extra hours, as necessary, to meet client commitments

• 2-5 years of experience in end to end accounting

Responsibilities

• Analysis of client provided data to complete the book keeping

• Record necessary journal entries such as accrual, reversal, reallocation, reclassification,

provisioning etc.

• Finalization of various accounts and reconciliations of GST/HST, tax, intercompany, bank, visa,

investments

• Recording of information in various schedules in the tax software such as 1, 2,3,4,6,7,8, 8S,

21,100, 125

• Preparation and up-dation of various of forms in tax software

• Maintain time sheet tracker on daily basis

• Ensure that assigned work is completed within the stipulated time

• Adhere to client guidelines/specification for all returns

• Attend the process training as per process requirement

• Work on feedback received from QA

Sample Questioner to check candidates accounting knowledge:

• Why do we prepare a Trial balance when we have General ledgers

• What is preparation of FS and finalization of FS

• Journal entry for sales return or purchase return

• Journal entry for prepaid expenses such as prepaid rent

• Journal entry for accrued salary

• Journal entry for provision for bad debt and income tax

• Journal entry for dividend payable and where we show in our books of accounts

• Is there a difference between provision and accrual if yes the what?

• Where we record capital gain in cash flow statement and why? answer Investing activities

• Why depreciation is added back in cash flow statement?

• Current year we have recorded an entry for accounts receivable worth 50,000. What is the

reversal entry in next year. In case there is a bad debt of 5000 out of this 50,000 then what

combined entry we should record.

• What is deferred revenue and its treatment in books of accounts


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