Recon Pvt Ltd Accountant Jobs in Patna

Accountant

Company : Recon pvt ltd

Category : Accountant

An Accountant is responsible for managing financial records, preparing financial statements, and ensuring compliance with relevant accounting regulations. Their role is crucial for maintaining the financial health of an organization. Here's a general job description for an Accountant:

Position Title: Accountant

Responsibilities:

1. Financial Recordkeeping:

   • Maintain accurate and up-to-date financial records for the organization.
   • Record financial transactions in ledgers, journals, and other accounting systems.

2. Financial Statements:

   • Prepare financial statements, including balance sheets, income statements, and cash flow statements.
   • Ensure financial statements comply with accounting standards.

3. Budgeting and Forecasting:

   • Assist in the preparation of budgets and financial forecasts.
   • Analyze budget variances and provide recommendations.

4. Bookkeeping:

   • Perform day-to-day bookkeeping tasks, such as recording expenses, invoices, and receipts.
   • Reconcile bank statements and other financial accounts.

5. Tax Compliance:

   • Prepare and file tax returns, ensuring compliance with local, state, and federal tax regulations.
   • Stay informed about changes in tax laws that may affect the organization.

6. Audit Support:

   • Assist in the preparation and coordination of audits.
   • Provide necessary documentation and explanations during audit processes.

7. Financial Analysis:

   • Analyze financial data and trends to provide insights and recommendations.
   • Contribute to strategic financial planning.

8. Cost Management:

   • Monitor and analyze costs to identify areas for cost savings or efficiency improvements.
   • Implement cost control measures as needed.

9. Payroll Processing:

   • Process payroll, including calculating salaries, deductions, and taxes.
   • Ensure timely and accurate payment to employees.

10. Compliance and Regulations:

    • Stay informed about changes in accounting regulations and standards.
    • Ensure compliance with Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS).

11. Financial Software:

    • Utilize accounting software to streamline financial processes.
    • Stay updated on software features and enhancements.

12. Vendor and Client Relations:

    • Interact with vendors and clients regarding financial transactions and inquiries.
    • Address any billing or payment issues promptly.

13. Cash Flow Management:

    • Monitor and manage cash flow to ensure liquidity and financial stability.
    • Prepare cash flow statements and forecasts.

14. Financial Reporting:

    • Generate and distribute financial reports to management and relevant stakeholders.
    • Provide explanations for variances and trends.

15. Continuous Learning:

    • Stay informed about industry trends, changes in accounting practices, and new regulations.
    • Pursue professional development opportunities.

Skills and Qualifications:

• Bachelor's degree in Accounting, Finance, or a related field.
• Professional certification such as CPA (Certified Public Accountant) may be preferred.
• Proven experience in accounting or a related field.
• Strong knowledge of accounting principles and regulations.
• Proficiency in accounting software and Microsoft Excel.
• Analytical and problem-solving skills.
• Attention to detail and accuracy.
• Effective communication and interpersonal skills.
• Ability to work independently and collaboratively within a team.