Accounts Officer Jobs in Vadodara - The Hope Foundation

Job Description of Accounts Officer

• Monitor and coordinate with outside units with regard to generation of revenue.
  
• Reconcile exchange collection with system (TIIMS).
  
• Prepare ageing analysis every month in coordination with revenue officers in areas & Exchanges.
• Reconcile final bill claim with provisional bill claim at the end of the year.
  
• Pass necessary journal entries & prepare cash trial and bank reconciliation statement.
  
• Ensure that necessary books of accounts like cash book, ledger etc. are prepared and
  
• compare with exchange bank statement.
  
• Compile & record the revenue statement and reconcile the balance with branch.
  
• Record the fund transferred from various exchanges and crosscheck with the revenue
  
• ledgers and if necessary correspond with the bank.
  
• Update the fixed asset register for each addition of assets on the basis of disbursement or  Journal voucher
• Record the detail of transfer in the fixed asset register at the headquarter
  
• Inspect asset on receipt of scrap report and make necessary entry in the books
  
• Calculate depreciation at the end of each month as per the rates prescribed by the statute.
  
• Carry out annual physical verification of fixed assets with reference to the fixed asset register. 
• Prepare physical verification report and submit to the management.
  
• Obtain approval from the management to write off missing, unserviceable, damaged or condemned assets and pass necessary entries in the books of accounts.
• Prepare the scrap report for the auction.
  
•  Account the unaccounted fixed assets in the books.
  
• Capitalise the interest payable on loans borrowed for construction and purchase of assets until the commissioning of project.
• Account for the fixed assets acquired through any grant. 
• Calculate depreciation on such assets.
• Transfer capital work in progress to fixed asset on completion of project.
  
• Prepare the details of the fully depreciated assets at the end of the year.
  
• Verify all bills related to capital items including civil works.