Required Accountant - Erode

Job Summary

The Accountant is responsible for managing and maintaining the financial records of an organization on a part-time basis. This role involves recording financial transactions, preparing reports, reconciling accounts, assisting with budgeting, and ensuring compliance with accounting standards and regulatory requirements. While part-time, this position plays a crucial role in helping the company make informed financial decisions and maintain fiscal discipline. Ideal for candidates seeking flexible hours, this role suits experienced professionals looking for work-life balance or individuals seeking to contribute to a growing organization without committing to a full-time schedule.

Key Responsibilities

1. Financial Recordkeeping

• Maintain accurate and up-to-date financial records for all transactions.
• Post journal entries and manage general ledger accounts.
• Record day-to-day financial transactions in accounting software such as QuickBooks, Xero, or Sage.
• Maintain organized documentation for all financial records, including invoices, receipts, payroll entries, and tax documents.

2. Financial Reporting

• Prepare monthly, quarterly, and year-end financial statements including profit and loss, balance sheet, and cash flow reports.
• Provide regular financial updates to the management team, summarizing key financial metrics and trends.
• Assist with the preparation of internal financial reports and custom reports as required by department heads.

3. Budgeting and Forecasting

• Support the preparation of annual and periodic budgets.
• Monitor actual expenses versus budgeted figures, and highlight any discrepancies or variances.
• Offer insights and recommendations to improve budget planning and financial forecasting.

4. Bank Reconciliations and Account Reconciliation

• Conduct bank reconciliations on a regular basis to ensure the accuracy of records.
• Reconcile vendor and customer accounts and follow up on outstanding balances.
• Investigate and resolve discrepancies in accounts.

5. Payroll Support (if applicable)

• Assist with payroll calculations and verify accuracy of payroll records.
• Ensure correct processing of deductions, tax payments, and statutory contributions.
• Maintain records related to employee compensation and tax filings.

6. Accounts Payable and Receivable

• Process supplier invoices and employee reimbursements in a timely manner.
• Issue customer invoices and follow up on outstanding payments.
• Monitor aging reports and help maintain healthy cash flow by ensuring timely collections and payments.

7. Tax Compliance

• Assist with preparation of tax filings, such as VAT, GST, or local sales taxes.
• Work with external tax professionals or advisors during tax season or audits.
• Ensure compliance with all relevant local, state, and federal tax regulations.

8. Audit and Compliance