Electro World Pvt Ltd Accountant Jobs in Patna

Accountant

Company : Electro world pvt ltd

Category : Accountant

1. Financial Record Keeping:

   • Maintain accurate and up-to-date financial records, including ledgers, journals, and general accounts.
   • Record financial transactions, such as purchases, sales, receipts, and payments, in accordance with established procedures and guidelines.
   • Reconcile bank statements and other financial documents to ensure accuracy and completeness of records.

2. Financial Reporting:

   • Prepare financial statements, including balance sheets, income statements, and cash flow statements, on a regular basis.
   • Analyze financial data and trends to provide insights into the organization's financial performance and profitability.
   • Present financial reports to management and stakeholders, highlighting key metrics and areas of concern.

3. Tax Preparation and Compliance:

   • Prepare and file tax returns, ensuring compliance with relevant tax laws and regulations.
   • Maintain awareness of changes in tax legislation and updates to accounting standards, and adjust practices accordingly.
   • Assist with tax planning strategies to minimize tax liabilities and optimize financial performance.

4. Budgeting and Forecasting:

   • Assist in the development of annual budgets and financial forecasts, based on analysis of past performance and future projections.
   • Monitor budget variances and analyze financial data to identify areas for cost savings or revenue growth.
   • Provide recommendations to management on budget allocations and resource utilization.

5. Auditing and Compliance:

   • Assist with internal and external audits by providing documentation, explanations, and support as needed.
   • Ensure compliance with regulatory requirements and accounting principles, such as GAAP (Generally Accepted Accounting Principles) or IFRS (International Financial Reporting Standards).
   • Implement internal controls and procedures to safeguard assets and mitigate risks.

6. Financial Analysis and Decision Support:

   • Conduct financial analysis to support strategic decision-making and business planning initiatives.
   • Evaluate investment opportunities, capital expenditures, and other financial projects.
   • Provide financial insights and recommendations to management based on analysis of key performance indicators and financial metrics.

7. Software Proficiency:

   • Utilize accounting software and financial management tools to streamline processes and improve efficiency.
   • Stay updated on advancements in accounting technology and recommend upgrades or enhancements as needed.

Requirements:

• Bachelor's degree in accounting, finance, or a related field; CPA (Certified Public Accountant) or similar certification preferred.
• Proven experience as an accountant or in a similar role, with a strong understanding of accounting principles and practices.
• Proficiency in accounting software and financial management tools, such as QuickBooks, SAP, or Oracle.
• Strong analytical skills and attention to detail, with the ability to accurately analyze financial data and detect discrepancies.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively with colleagues and stakeholders.
• Ability to work independently and prioritize tasks in a fast-paced environment, while meeting deadlines and maintaining accuracy.
• Knowledge of tax regulations, compliance requirements, and auditing standards.
• Integrity and professionalism in handling sensitive financial information and maintaining confidentiality.