Accounting Associate Jobs Opening in Swami Tax Consultancy at Kolhapur
Job Description
Job Summary
An Accounting Associate supports the finance and accounting department by maintaining accurate financial records, processing transactions, assisting in the preparation of reports, and ensuring compliance with regulatory and internal controls. This role is crucial in ensuring the day-to-day financial activities of a company are managed efficiently and accurately.
The Accounting Associate works under the supervision of senior finance personnel and collaborates with internal teams, external vendors, and auditors. The position suits individuals with strong attention to detail, excellent organizational skills, and a good understanding of accounting principles and practices.
Key Responsibilities
1. Financial Recordkeeping
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Maintain and update general ledger entries and financial records.
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Record day-to-day financial transactions including accounts payable, accounts receivable, bank entries, and cash flow.
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Assist in journal entry preparation and posting under guidance from senior accountants.
2. Accounts Payable (AP)
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Review vendor invoices for accuracy and proper documentation.
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Process payments to vendors through bank transfers, cheques, or online systems.
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Reconcile AP ledger and assist in resolving discrepancies or payment issues.
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Monitor payment schedules to ensure timely disbursement.
3. Accounts Receivable (AR)
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Generate invoices and send them to clients/customers as per billing schedules.
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Track incoming payments, post receipts, and follow up on outstanding balances.
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Assist with customer account reconciliations and adjustments.
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Prepare aging reports and support collection efforts.
4. Bank Reconciliation & Cash Handling
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Perform monthly bank reconciliations.
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Maintain petty cash records and prepare cash flow reports.
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Identify discrepancies and assist in resolving issues related to cash and banking.
5. Financial Reporting & Support
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Assist in the preparation of monthly, quarterly, and annual financial reports.
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Support budgeting and forecasting processes with data entry and consolidation.
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Help prepare internal financial summaries for management.
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Maintain organized records of receipts, payments, and transactions.
6. Taxation & Compliance
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Assist in the preparation of data required for tax filings (GST, TDS, VAT, etc.).
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Ensure compliance with local financial regulations and company policies.
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Work with auditors during internal or statutory audits by providing necessary documentation.
7. System & Software Management
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Enter data into accounting systems such as Tally, QuickBooks, SAP, Zoho Books, or MS Excel.
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Generate reports, summaries, and financial statements from software platforms.
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Assist in software updates and transition if new accounting tools are adopted.
8. Team Collaboration
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Coordinate with procurement, HR, admin, and other departments for expense processing.
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Assist in payroll accounting under the guidance of the HR or payroll team.
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Support ad-hoc financial and administrative tasks as required by the finance team.
Required Skills and Competencies
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Knowledge of Accounting: Basic to intermediate understanding of GAAP/IFRS principles.
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Software Proficiency: Experience with accounting software like:
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Tally ERP
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QuickBooks
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SAP
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Zoho Books
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Microsoft Excel (Formulas, VLOOKUP, Pivot Tables)
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Attention to Detail: High accuracy in data entry, calculations, and documentation.
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Time Management: Ability to handle multiple deadlines and routine tasks efficiently.
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Analytical Skills: Able to interpret financial data and spot inconsistencies.
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Communication: Clear verbal and written communication for internal coordination and vendor/client interaction.
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Integrity: Trustworthy with sensitive financial information and confidential data.
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Team Player: Collaborative mindset and willingness to support team goals.
More information about this Accounting Associate Job
Please go through the below FAQs to get all answers related to the given Accounting Associate job
- What are the job requirements to apply for this Accounting Associate job position?
- Ans: A candidate must have a minimum of fresher as an Accounting Associate
- What is the qualification for this job?
- Ans: The candidate can be a Graduate from any of the following: B.Com
- What are the salary requirements for this job?
- Ans: The salary range is between 3000 and 4000 Monthly. The Salary will depend on the interview. This Accounting Associate is a Part Time in Kolhapur.
- 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 Accounting Associate is a work from home job?
- Ans: Yes,its a Work from Home Job.
- How many job vacancies are opening for the Accounting Associate position?
- Ans: There are immediate 1 job openings for Accounting Associate in our Organisation.
