Accountant Jobs Opening in MSK Prasanna & Co. Chartered Accountants at KR Puram, Bangalore
Job Description
We are looking for an Accountant to perform daily accounting tasks. Accountant responsibilities include managing Payables and reimbursements, entering financial transactions, creating invoices, and collection. Ultimately, you will help our Accounting department run smoothly, ensuring transparency and efficiency in all transactions.
Duties:
- Billing & Invoicing
- Payables Management
- Bank Reconciliation
- Petty Cash Management
- Debit Note/Credit Note
- Import/Export Documentation
- Customer Correspondence
- Banking Correspondence
- Foreign Remittance & Interest Calculation
- Accounts Finalization
- GST filing
- TDS deduction and filing
- Income Tax return filing
Key Responsibilities:
1. Daily Accounting and Bookkeeping
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Record all day-to-day financial transactions in accounting software or ledgers.
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Maintain and reconcile cash books, journals, and general ledgers.
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Track expenses, payments, receipts, and petty cash balances.
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Ensure all invoices, vouchers, and bills are properly recorded and filed.
2. Accounts Payable and Receivable
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Manage vendor payments, issue purchase orders, and process supplier invoices.
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Follow up on accounts receivable, generate invoices, and manage customer payments.
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Reconcile customer/vendor ledgers and monitor outstanding balances.
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Handle customer queries and coordinate payment schedules.
3. Bank Reconciliation
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Reconcile bank statements with internal records on a daily, weekly, or monthly basis.
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Identify and correct discrepancies between cash book and bank book.
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Maintain proper documentation of bank transactions and cash flows.
4. Taxation and Statutory Compliance
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Calculate, file, and pay applicable taxes such as GST, TDS, income tax, PF, and ESI.
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Ensure timely filing of statutory returns (GST returns, TDS returns, etc.).
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Stay updated on changing tax laws and government notifications.
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Coordinate with tax consultants or auditors to ensure proper compliance.
5. Financial Reporting
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Prepare monthly, quarterly, and annual financial reports for management review.
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Create profit and loss statements, balance sheets, cash flow statements, and trial balances.
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Provide budget vs. actual analysis and financial forecasts when required.
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Assist management in making financial decisions based on accurate data.
6. Internal Controls and Audits
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Implement and maintain internal accounting controls to protect company assets.
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Support internal and external audits by providing necessary documentation and clarifications.
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Prepare audit schedules and respond to auditor queries in a timely manner.
7. Inventory and Asset Management
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Maintain records of fixed assets, inventory, and depreciation schedules.
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Assist in physical stock verifications and asset audits.
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Reconcile inventory reports with the accounts department regularly.
8. Payroll and Employee Payments
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Process salaries, bonuses, reimbursements, and other employee payments.
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Calculate and deduct TDS, PF, ESI, and other statutory deductions from payroll.
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Coordinate with the HR department to maintain payroll records accurately.
More information about this Accountant Job
Please go through the below FAQs to get all answers related to the given Accountant job
- What are the job requirements to apply for this Accountant job position?
- Ans: A candidate must have a minimum of 1 to 2 year experience as an Accountant
- What is the qualification for this job?
- Ans: The candidate can be a Graduate from any of the following: B.Com
- What is the hiring Process of this job?
- Ans: The hiring process all depends on the company. Normally for an entry level, hiring the candidate has to go for Aptitude, GD (If they look for communication),Technical test and face to face interviews.
- This Accountant is a work from home job?
- Ans: No ,its not a Work from Home Job.
- How many job vacancies are opening for the Accountant position?
- Ans: There are immediate 1 job openings for Accountant in our Organisation.