Responsibilities of Accounting part.
1. Oversee and manage the daily operations of the accounting department at Master company.
2. Develop and implement accounting policies, procedures, and internal controls to ensure accuracy and compliance with financial regulations.
3. Prepare and analyze financial statements, reports, and budgets to provide accurate and timely financial information to management.
4. Coordinate and lead the month-end and year-end closing processes, ensuring all financial transactions are recorded accurately and in a timely manner.
5. Manage and reconcile general ledger accounts, ensuring proper documentation and supporting schedules are maintained.
6. Supervise and mentor a team of accountants, providing guidance and support in their day-to-day activities.
7. Collaborate with other departments to ensure accurate and timely recording of financial transactions and resolve any discrepancies or issues.
8. Assist in the preparation of financial forecasts and projections, providing insights and recommendations to support strategic decision-making.
9. Conduct regular audits to identify and mitigate financial risks, ensuring compliance with internal policies and external regulations.
10. Stay updated on industry trends, accounting standards, and best practices,
Responsibilities of Tax part.
1. Prepare and submit tax returns for corporate, partnership and individual clients.
2. Analyze and interpret tax regulations and financial statements to determine the
most advantageous tax situation.
3. Develop tax planning strategies to minimize tax liabilities while maximizing
deductions and credits.
4. Research and review the latest tax laws and regulations to ensure compliance
with all applicable laws.
5. Negotiate with government tax authorities to resolve disputes.
6. Oversee the preparation of quarterly and annual tax provision calculations for clients.
7. Collaborate with accounting and finance teams to ensure accurate reporting of income and expenses.
8. Monitor changes in tax laws and regulations and update policies and procedures accordingly.
9. Prepare and file federal, state, and local tax returns for businesses and individuals.
10. Research and analyze tax laws and regulations to ensure compliance with tax requirements.
11. Identify potential tax credits, deductions, and other tax-saving strategies.
12. Prepare financial statements and other reports to support tax filings.
13. Maintain up-to-date knowledge of changes in tax regulations.
14. Respond to inquiries from tax authorities.
15. Assist with audits and other tax examinations.
16. Identify and mitigate potential tax risks.
17. Prepare and process tax payments.
18. Stay abreast of industry trends and developments in taxation.
19. Negotiate with government tax authorities to resolve disputes.
General requirements of an Accounting Manager
- Bachelor's degree in accounting or finance.
- Minimum of 10+ years of experience in accounting or finance.
- Strong knowledge of GAAP (Generally Accepted Accounting Principles).
- Proficiency in accounting software Tally and Microsoft Excel.
- Knowledge of taxation.
Pay: ₹10,000.00 - ₹35,000.00 per month
Benefits:
- Health insurance
- Leave encashment
- Paid sick time
- Paid time off
- Provident Fund
Work Location: In person
