Accountant
3 days ago
For Kalpvraksh Creations , an accountant will handle both day-to-day financial tasks and long-term financial management. Here's a clear breakdown of what they'll do:
Day-to-Day Responsibilities
- Bookkeeping & Data Entry
• Record all daily transactions (sales, purchases, expenses, salaries, etc.).
• Maintain ledgers for raw material purchases, fabrication costs, labor charges, and sales invoices.
- Billing & Invoicing
• Prepare and issue invoices to clients (elevator companies, contractors, etc.).
• Track payments received and follow up on overdue invoices.
- Expense Management
• Record petty cash expenses.
• Track factory expenses like electricity, welding rods, gases, cutting tools, and consumables.
- Payroll
• Calculate staff salaries, overtime, and deductions.
• Handle TDS, PF, and ESI .
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Monthly & Quarterly Responsibilities
- GST & Tax Compliance
• File monthly/quarterly GST returns.
• Maintain proper tax records for input credit on raw materials.
• Deduct and deposit TDS wherever required.
- Bank Reconciliation
• Match bank statements with company records.
• Track payments to vendors and receipts from clients.
- Inventory & Cost Tracking
• Work with the factory manager to track raw material stock (MS sheets, stainless steel, etc.).
• Monitor wastage and help analyze fabrication costs.
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Annual & Strategic Responsibilities
- Final Accounts & Audit
• Prepare Balance Sheet, Profit & Loss Statement, and Cash Flow.
• Coordinate with auditors for statutory audit.
- Budgeting & Forecasting
• Create yearly budgets for raw materials, salaries, maintenance, and expansion.
• Help management plan for machinery loans, factory expansion, or new branch setup.
- Financial Advisory
• Suggest cost-cutting measures in operations.
• Advise on credit control (which clients are safe to give credit, which need strict payment terms).
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