Job Description
Job Title: Accounting and Bookkeeping Specialist
Roles and Responsibilities:
We are seeking a highly skilled Accounting and Bookkeeping Specialist to join our team at Skill-Inventory. The ideal candidate will be responsible for driving accounting and bookkeeping processes by reviewing invoices, maintaining supporting documents, and benchmarking best practices in the industry.
The successful candidate will also co-ordinate with other departments to receive invoices and ensure timely updates of accounts. They will review, monitor, and approve invoices booked for correct G/L, cost centre, taxes, and other deductions. Additionally, they will maintain all supporting documents for Accounts for Audit and Tax purposes, including month-end entries, journal vouchers, fixed asset accounting, and more.
Main Activities/Tasks:
I. Accounting and Bookkeeping:
Drive accounting and bookkeeping processes by reviewing invoices, maintaining supporting documents, and benchmarking best practices in the industry.
Co-ordinate with other departments to receive invoices and ensure timely updates of accounts.
Review, monitor, and approve invoices booked for correct G/L, cost centre, taxes, and other deductions.
Maintain all supporting documents for Accounts for Audit and Tax purposes, including month-end entries, journal vouchers, fixed asset accounting, and more.
II. Taxation and Audits:
Monitor arrangement of data/reports for taxation activities and audits by providing required data for tax return filing and resolving queries.
Provide all necessary data and requirements for taxation return filing, assessments, and internal/statutory audits.
Satisfactorily resolve queries raised by authorities/auditors.
III. Financial Planning:
Support financial planning by reviewing cost allocation and apportionment to various cost centres like QC and R&D to present true and fair view of accounts.
Establish robust communication channels across functions to support various initiatives to streamline processes, reduce costs, and maintain operational efficiencies.
Co-ordinate and consult technical teams to ensure timely updation of records, MIS, and conclusion of audits and assessments.
IV. Interdepartmental Co-ordination:
Ensure interdepartmental co-ordination by establishing communication across channels and depts. to maintain proper records, provide MIS, and conclude audits.
Establish robust communication channels across functions to support various initiatives to streamline processes, reduce costs, and maintain operational efficiencies.
Co-ordinate and consult technical teams to ensure timely updation of records, MIS, and conclusion of audits and assessments.
V. Cash Management:
Manage cash payments by monitoring that petty cash payments are under stipulated limits, preparation of cash vouchers, and maintaining adequate cash balance to ensure minimum days with idle cash.
Make petty cash payments within limits stipulated under Income tax Act & employee payments as prescribed.
Preparation of cash vouchers as per DoA and keeping proper records for all payments.
Maintain adequate cash balance and make arrangements of funds as per requirement.
VI. Banking Transactions:
Co-ordinate with Bank to complete banking transactions, explore ways to avail bank facilities in order to reduce banking turn-around time.
Develop working relationships with banks for smooth workflow.
Complete banking transactions within banking hours and avoid delays in payment cycle.
Explore ways and means to avail better bank facilities.
VII. Compliance and Reporting:
Ensure adherence to policies and SOPs to achieve timely completion of assessments.
Establish robust communication channels across functions to support various initiatives to streamline processes, reduce costs, and maintain operational efficiencies.
Co-ordinate and consult technical teams to ensure timely updation of records, MIS, and conclusion of audits and assessments.
Roles and Responsibilities:
We are seeking a highly skilled Accounting and Bookkeeping Specialist to join our team at Skill-Inventory. The ideal candidate will be responsible for driving accounting and bookkeeping processes by reviewing invoices, maintaining supporting documents, and benchmarking best practices in the industry.
The successful candidate will also co-ordinate with other departments to receive invoices and ensure timely updates of accounts. They will review, monitor, and approve invoices booked for correct G/L, cost centre, taxes, and other deductions. Additionally, they will maintain all supporting documents for Accounts for Audit and Tax purposes, including month-end entries, journal vouchers, fixed asset accounting, and more.
Main Activities/Tasks:
I. Accounting and Bookkeeping:
Drive accounting and bookkeeping processes by reviewing invoices, maintaining supporting documents, and benchmarking best practices in the industry.
Co-ordinate with other departments to receive invoices and ensure timely updates of accounts.
Review, monitor, and approve invoices booked for correct G/L, cost centre, taxes, and other deductions.
Maintain all supporting documents for Accounts for Audit and Tax purposes, including month-end entries, journal vouchers, fixed asset accounting, and more.
II. Taxation and Audits:
Monitor arrangement of data/reports for taxation activities and audits by providing required data for tax return filing and resolving queries.
Provide all necessary data and requirements for taxation return filing, assessments, and internal/statutory audits.
Satisfactorily resolve queries raised by authorities/auditors.
III. Financial Planning:
Support financial planning by reviewing cost allocation and apportionment to various cost centres like QC and R&D to present true and fair view of accounts.
Establish robust communication channels across functions to support various initiatives to streamline processes, reduce costs, and maintain operational efficiencies.
Co-ordinate and consult technical teams to ensure timely updation of records, MIS, and conclusion of audits and assessments.
IV. Interdepartmental Co-ordination:
Ensure interdepartmental co-ordination by establishing communication across channels and depts. to maintain proper records, provide MIS, and conclude audits.
Establish robust communication channels across functions to support various initiatives to streamline processes, reduce costs, and maintain operational efficiencies.
Co-ordinate and consult technical teams to ensure timely updation of records, MIS, and conclusion of audits and assessments.
V. Cash Management:
Manage cash payments by monitoring that petty cash payments are under stipulated limits, preparation of cash vouchers, and maintaining adequate cash balance to ensure minimum days with idle cash.
Make petty cash payments within limits stipulated under Income tax Act & employee payments as prescribed.
Preparation of cash vouchers as per DoA and keeping proper records for all payments.
Maintain adequate cash balance and make arrangements of funds as per requirement.
VI. Banking Transactions:
Co-ordinate with Bank to complete banking transactions, explore ways to avail bank facilities in order to reduce banking turn-around time.
Develop working relationships with banks for smooth workflow.
Complete banking transactions within banking hours and avoid delays in payment cycle.
Explore ways and means to avail better bank facilities.
VII. Compliance and Reporting:
Ensure adherence to policies and SOPs to achieve timely completion of assessments.
Establish robust communication channels across functions to support various initiatives to streamline processes, reduce costs, and maintain operational efficiencies.
Co-ordinate and consult technical teams to ensure timely updation of records, MIS, and conclusion of audits and assessments.
💡 Quick Summary
Seeking a career-building opportunity? The Factory Finance Executive For a leading Pharma Company position is now open for candidates interested in the Accountant Jobs sector. This role in Bangalore offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.