Required Account Assistant - Ahmedabad

Job Summary

An Account Assistant supports the finance and accounting department by managing and interpreting financial information, ensuring accuracy and compliance with relevant financial regulations. This role plays a crucial part in the preparation of financial documents, analysis of financial data, budgeting, auditing, and tax-related activities. The Account Assistant ensures that the organization s financial records are accurate, up to date, and well-organized to support sound financial decision-making. This role is suitable for individuals with a strong attention to detail, knowledge of accounting principles, and the ability to handle a variety of finance-related administrative tasks. It serves as an excellent entry point for a long-term career in accounting or financial management.

Key Responsibilities

1. Financial Record Management

• Maintain accurate financial records and assist in the preparation of accounts, including ledgers, journals, and balance sheets.
• Record day-to-day financial transactions including purchases, receipts, and payments.
• Ensure all financial data is entered correctly into accounting software (such as Tally, QuickBooks, Zoho Books, or SAP).

2. Financial Reporting

• Assist in preparing monthly, quarterly, and annual financial statements including income statements, balance sheets, and cash flow statements.
• Compile financial reports for management and support decision-making by providing relevant financial insights.
• Support the preparation of internal and external audits by providing requested financial information and documentation.

3. Budgeting and Forecasting

• Assist in preparing company budgets, forecasting financial trends, and monitoring expenditures.
• Analyze budget variances and recommend cost-control strategies.
• Work closely with departmental heads to ensure budgets are adhered to.

4. Financial Analysis

• Analyze financial data to identify trends, discrepancies, and areas for improvement.
• Prepare financial summaries and interpret financial results to support business decisions.
• Assist in cost-benefit analysis and risk assessments.

5. Tax Preparation and Compliance

• Assist with preparing and filing tax returns, including GST, TDS, and income tax.
• Ensure all tax records are maintained in compliance with local laws and regulations.
• Stay updated with changes in tax laws and financial regulations that impact the business.

6. Auditing Support

• Assist with internal audits by organizing financial data and ensuring accuracy and completeness of records.
• Support external auditors during statutory audits by providing the necessary documentation and explanations.
• Help implement recommendations from audit findings to improve financial processes.

7. Risk Management

• Identify potential financial risks and report them to senior staff.
• Participate in developing strategies to mitigate operational and financial risks.
• Ensure financial controls are followed consistently across departments.

8. Accounts Payable and Receivable

• Monitor accounts receivable to ensure timely collection of outstanding payments.