Accountant

Job Overview

Peoples Co-Operative Society in Vijayawada, Andhra Pradesh is looking for a diligent Accountant to manage and oversee financial operations effectively.

Key Duties & Responsibilities

• Maintain thorough and precise financial records, ensuring all transactions are correctly logged.
• Prepare and audit comprehensive financial statements such as balance sheets, income statements, and cash flow reports.
• Handle timely processing of invoices, payments, and receipts.
• Conduct bank reconciliations and maintain accurate ledger entries.
• Prepare and file tax returns adhering to local, state, and federal guidelines.
• Ensure punctual payment of various taxes and statutory contributions including GST, VAT, TDS, and payroll taxes.
• Provide comprehensive support during audits by supplying relevant financial documentation and explanations.
• Keep abreast of updates in taxation laws and accounting principles.
• Support the preparation of annual budgets and financial projections.
• Monitor expenditures and propose cost reduction initiatives.
• Analyze financial metrics to detect trends, risks, and growth opportunities.
• Process payroll by calculating salaries, deductions, and managing benefits while ensuring compliance with labor laws.
• Respond to employee queries related to payroll matters.
• Generate detailed financial reports to facilitate management’s decision-making processes.
• Coordinate with auditors, tax advisors, and regulatory bodies.
• Assist management in aspects of financial strategizing and risk evaluation.

Compensation

The offered salary ranges between 25,000 and 30,000 INR per month.