Accountant
Company : 102 Services
Category : Accountant
Financial Record Maintenance:
- Maintain accurate and up-to-date financial records, including ledgers, journals, and accounts payable/receivable.
- Record financial transactions, such as purchases, sales, receipts, and payments, in accordance with accounting principles and regulations.
2. Financial Reporting:
- Prepare financial statements, including balance sheets, income statements, and cash flow statements, on a regular basis.
- Analyze financial data and provide insights into the company's financial performance to support decision-making by management.
3. Budgeting and Forecasting:
- Assist in the preparation of annual budgets and forecasts based on historical financial data and future business plans.
- Monitor actual financial performance against budgeted targets and provide variance analysis and explanations.
4. Tax Compliance:
- Prepare and file tax returns, including income tax, VAT/GST, and other relevant taxes, in compliance with local tax laws and regulations.
- Assist in tax planning strategies to minimize tax liabilities and optimize tax efficiency for the organization.
5. Audit Support:
- Assist external auditors in conducting annual financial audits and provide necessary documentation and explanations for audit queries.
- Implement audit recommendations and corrective actions to strengthen internal controls and improve financial processes.
6. Financial Analysis:
- Conduct financial analysis, such as profitability analysis, cost-benefit analysis, and financial modeling, to support strategic decision-making.
- Identify trends, patterns, and opportunities for improvement based on financial data analysis.
7. Compliance and Regulations:
- Ensure compliance with accounting standards, regulations, and legal requirements applicable to the organization's industry and jurisdiction.
- Stay updated on changes in accounting rules and regulations and implement necessary adjustments to accounting practices.
8. Cash Management:
- Manage cash flow and liquidity by monitoring cash balances, forecasting cash needs, and optimizing cash management strategies.
- Prepare cash flow statements and cash flow forecasts to ensure adequate funds are available to meet operational and investment needs.
9. Financial Systems and Tools:
- Utilize accounting software and financial management tools to streamline financial processes, improve efficiency, and enhance reporting capabilities.
- Provide training and support to staff members on the use of financial systems and tools as needed.
10. Collaboration and Communication:
- Collaborate with cross-functional teams, including finance, operations, and management, to achieve organizational goals and objectives.
- Communicate financial information effectively to non-financial stakeholders, providing insights and recommendations to support decision-making.
11. Continuous Improvement:
- Identify opportunities for process improvement and automation within the finance function to enhance accuracy, efficiency, and productivity.
- Actively participate in professional development activities to expand knowledge and skills in accounting, finance, and related areas.