The Accountant is responsible for managing financial records, preparing financial reports, ensuring compliance with accounting regulations, and supporting the overall financial health of the organization.
Key Responsibilities:
1. Financial Record-Keeping & Reporting:
Maintain and update financial records, including ledgers and balance sheets.
Prepare monthly, quarterly, and annual financial statements.
2. Accounts Payable & Receivable:
Process invoices, payments, and employee reimbursements.
Ensure timely collection of receivables and follow up on outstanding payments.
3. Taxation & Compliance:
Prepare and file tax returns, VAT/GST, and other statutory obligations.
Ensure compliance with financial regulations and company policies.
4. Budgeting & Financial Planning:
Assist in the preparation of annual budgets and forecasts.
Monitor budget performance and suggest cost-saving measures.
5. Payroll & Expense Management:
Process employee payroll and ensure accuracy.
Maintain records of employee benefits, deductions, and bonuses.
6. Financial Analysis & Risk Management:
Analyze financial data to identify trends and risks.
Recommend financial strategies to improve profitability.
Qualification &
Skills
Job Specification: Accountant
A job specification outlines the qualifications, skills, experience, and attributes required for an individual to successfully perform a job. Below are the key specifications for an Accountant role:
1. Educational Qualifications:
Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
Professional certifications such as CPA (Certified Public Accountant), ACCA (Association of Chartered Certified Accountants), CMA (Certified Management Accountant) are preferred.
2. Experience Requirements:
Entry-Level: 1–3 years of experience in accounting or finance.
Mid-Level: 3–5 years of experience in financial management, auditing, or tax compliance.
3. Technical Skills & Knowledge:
Proficiency in accounting software (e.g., QuickBooks, SAP, Tally, Xero).
Strong knowledge of financial regulations and accounting principles (GAAP, IFRS, tax laws).
4. Key Competencies & Soft Skills:
Analytical Thinking: Ability to interpret and analyze financial data.
Attention to Detail: Ensuring accuracy in financial records and reports.
Problem-Solving: Identifying and resolving financial discrepancies.
5. Work Environment & Physical Requirements:
Office-based role with occasional remote work (depending on company policy).
Ability to work under pressure, especially during financial closings and audits.
May require extra hours during tax seasons and fiscal year-end reporting.
