Assistant Accountant
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We are currently seeking a motivated Assistant Accountant to join our finance team. The ideal candidate will have a solid understanding of accounting principles and possess experience in various accounting tasks.
Responsibilities:
- Process bank payments accurately and in a timely manner, ensuring adherence to company policies and procedures.
- Handle vendor payments efficiently, verifying invoices and reconciling payments to maintain accurate financial records.
- Perform bank reconciliations regularly to ensure the accuracy of financial transactions and resolve any discrepancies.
- Reconcile ledger accounts related to vendors, ensuring consistency and accuracy in financial reporting.
- Assist in tax calculations and preparations, ensuring compliance with relevant tax laws and regulations.
- Generate stock reports to provide insights into inventory levels and assist in inventory management decisions.
- Book vendor invoices promptly and accurately, maintaining proper documentation and records.
- Deduct taxes from vendor payments as required by tax regulations and ensure proper documentation of tax deductions.
Qualifications:
- Bachelor's degree in Commerce (B. Com), Business Administration (BBA), or equivalent.
- Minimum of 1 year of experience in an accounting role.
- Proficiency in bank payment processing and vendor payment procedures.
- Experience with bank reconciliation and ledger reconciliation.
- Working knowledge of tax calculations and reporting.
- Ability to generate and analyze stock reports.
- Familiarity with vendor invoice processing and documentation.
- Understanding of tax deduction procedures from vendor payments.
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