Financial Accountant

Hyderabad - Pakistan

Monthly Salary: Not Disclosed

Posted on: 30+ days ago

Vacancies: 1 Vacancy

The job posting is outdated and position may be filled

Department:

Finance

Job Summary

Financial Accountant

Responsibilities:

The Financial Accountant is responsible for overseeing all aspects of the companys accounts and financial/compliance-related activities. This role ensures accurate financial reporting manages day-to-day financial operations and ensures compliance with statutory requirements.

Key Activities:

A) Day-to-Day Activities:

Manage Accounts Receivables including invoicing payments credits estimates and negotiations/follow-ups.
Conduct follow-up phone calls/emails to track billing records payment requests and bank statements.
Validate Sales & Purchase Entries to ensure accuracy and completeness.
Validate Reimbursements Expenses Approvals Payments and maintain accurate bookkeeping records.
Ensure timely Cash & Bank Payments (Vendor) and Cash & Bank Receipts (Customer).
Validate Journal entries and ensure proper allocation to appropriate account heads.
Validate Bank Reconciliation Statements to ensure accuracy and resolve discrepancies.
Validate Ledger Reconciliation Statements to ensure consistency with financial records.

B) Statutory:

Validate data for GSTR1 & 3B filing and ensure compliance with GST regulations.
Verify GST Reconciliation with Books to reconcile tax liabilities and payments.
Validate monthly TDS working make payments and file quarterly returns.
Validate TDS quarterly return data and ensure accurate filing.
Generate Employee Form 16 and Vendor Form 16A to comply with tax regulations.
Reconcile Duties & Taxes ledger balance with GST portal and ensure accurate reporting.
Validate GST input credit using GSTR 2A and take necessary actions to rectify discrepancies.
Validate data reconciliation of 26AS with books to ensure accuracy in tax reporting.
Handle annual Income tax filing and ensure compliance with tax regulations.
Prepare and file GSTR 9 & 9C to comply with GST requirements.
Manage monthly Professional Tax payments and returns.
Handle monthly ESI Payments and Returns as per statutory requirements.
Manage monthly Provident Fund Payments and Returns.
Ensure timely renewal of Labour License and DSC Renewals

Expectations:

Strong knowledge of accounting principles statutory regulations and compliance requirements.
Proficiency in accounting software and Microsoft Excel.
Excellent communication skills both verbal and written.
Strong analytical and problem-solving abilities.
Ability to work independently and as part of a team.
Attention to detail and accuracy in work.
Ability to manage multiple tasks and prioritize effectively.
Relevant certifications (e.g. CPA CA) are a plus.

Qualifications:

Bachelors degree in Accounting Finance or related field preferred.

Experience:

2 years proven experience in financial accounting and compliance preferably in a similar role.

Location:

Hyderabad

Financial Accountant Responsibilities:The Financial Accountant is responsible for overseeing all aspects of the companys accounts and financial/compliance-related activities. This role ensures accurate financial reporting manages day-to-day financial operations and ensures compliance with statutory ...