Accounts Accountant Jobs In Ludhiana
Key Responsibilities for Accounts Accountant Jobs In Ludhiana:
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Financial Transactions:
- Record day-to-day financial transactions, including purchases, sales, receipts, and payments.
- Verify, allocate, and post transactions in the accounting software or ERP system.
- Ensure accuracy and completeness of financial data.
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Financial Reporting:
- Prepare and analyze financial statements (e.g., balance sheet, income statement, cash flow statement) on a regular basis.
- Generate financial reports for management, stakeholders, and regulatory authorities.
- Conduct variance analysis and provide explanations for discrepancies.
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Accounts Payable and Receivable:
- Manage accounts payable and accounts receivable functions.
- Monitor overdue accounts and follow up on outstanding invoices.
- Reconcile accounts payable and receivable ledgers.
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Budgeting and Forecasting:
- Assist in budget preparation and financial forecasting.
- Monitor budget variances and analyze trends to recommend cost-saving or profit-enhancing opportunities.
- Provide financial insights and support to department heads and management.
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Audit and Compliance:
- Coordinate and assist in internal and external audits.
- Ensure compliance with accounting principles, standards, and regulations (e.g., GAAP, IFRS).
- Implement internal controls to safeguard financial assets.
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Taxation:
- Prepare and file tax returns (e.g., GST, VAT, income tax) accurately and timely.
- Assist in tax planning and compliance to minimize tax liabilities.
- Keep abreast of changes in tax laws and regulations.
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Financial Analysis:
- Conduct financial analysis to support business decisions and strategic planning.
- Analyze financial performance metrics and key performance indicators (KPIs).
- Prepare ad-hoc financial reports and presentations as needed.
Skills and Qualifications
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Education:
- Bachelor’s degree in Accounting, Finance, or related field. Professional certification (e.g., CPA) is a plus.
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Experience:
- Proven experience as an Accounts Accountant, Staff Accountant, or similar role.
- Familiarity with accounting software (e.g., SAP, QuickBooks) and ERP systems.
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Technical Skills:
- Strong knowledge of accounting principles and practices.
- Proficiency in MS Office Suite (Excel, Word, PowerPoint).
- Experience in financial statement preparation and financial analysis.
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Soft Skills:
- Excellent attention to detail and accuracy.
- Strong analytical and problem-solving skills.
- Effective communication and interpersonal skills.
- Ability to work independently and collaboratively in a team environment.
- Time management and organizational skills to meet deadlines.