Urgent Hiring For Core Accounting For Bangalore Location For F2F
4 days ago
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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