Accountant

We are hiring for one of our biotech-based client companies for the role of Accountant.

Job Description -

Job Title: Accountant

Experience Level: 1+ Years

Location: Ghauchi, Faridabad (on-site) (6 Days WFO)

Responsibilities:

1. Accounts Payable and Receivable Management

• Oversee Accounts Payable: Ensure timely and accurate processing of supplier invoices,
  
  
  

managing payments to vendors and suppliers.

• Oversee Accounts Receivable: Manage and track customer invoices, monitor overdue
  
  
  

accounts, and implement collections strategies to ensure timely payments.

• Reconciliation: Reconcile accounts payable and receivable with bank statements to ensure
  
  
  

accuracy and resolve discrepancies promptly.

2. Internal Controls and Compliance

• Implement Internal Controls: Establish and maintain internal control systems to safeguard
  
  
  

company assets and ensure accurate financial reporting.

• Compliance with Regulations: Ensure compliance with local, regional, and international
  
  
  

financial regulations, tax laws, and accounting standards.

• Audit Preparation: Coordinate with internal and external auditors, preparing all necessary
  
  
  

documents for audits, and ensuring compliance with audit recommendations.

3. Tax Management

• Tax Filing and Reporting: Oversee the preparation and timely submission of tax returns,
  
  
  

ensuring accuracy in tax filings (corporate, VAT, payroll taxes, etc.).

• Tax Planning: Work with senior management to develop tax strategies that minimize tax
  
  
  

liabilities while adhering to the law.

• Tax Compliance: Stay updated on changes in tax laws and regulations to ensure the
  
  
  

organization remains compliant.

4. Payroll Management

• Oversee Payroll Processing: Manage the payroll process, ensuring that employees are paid on
  
  
  

time, and deductions (taxes, benefits, etc.) are accurately applied.

• Benefits Administration: Oversee the administration of employee benefits, including
  
  
  

pensions, insurance, and other employee-related expenses.

• Ensure Compliance: Ensure payroll complies with labor laws and tax regulations.
  
  
  

5. Cost Management

• Vendor Management: Work with procurement or other departments to ensure the best pricing
  
  
  

and terms for goods and services, aligning vendor payments with the organization’s financial

strategy.

6. Systems and Process Improvement

• Accounting Software Management: Oversee the use of accounting software, ensuring it is
  
  
  

used efficiently and that the data is secure.

• Process Optimization: Continuously review and improve accounting and financial reporting
  
  
  

processes to ensure they are efficient, accurate, and scalable.

• Automation and Tools: Implement automation tools to streamline routine tasks, such as
  
  
  

invoicing, reporting, and data entry, to reduce manual errors and improve efficiency.

Qualifications:

• Bachelor's degree in Accounting, Finance, Taxation, Human Resources, Information
  
  
  

Technology, or a related field.

• Certification such as CPA, CA, or equivalent is preferred.
• Proven experience in accounts payable/receivable management, internal controls and
  
  
  

compliance, tax management, payroll processing, benefits administration, vendor

management, cost control, and accounting software management.

Requirements:

• Knowledge of accounting principles and procedures, tax laws, payroll laws, procurement processes, and cost management strategies.
• Understanding of local, regional, and international financial regulations.
• Proficiency in accounting software (e.g., QuickBooks, SAP) and payroll software (e.g., ADP, Paychex), as well as tax preparation software.
• Strong analytical, problem-solving, organizational, and time-management skills.
• Ability to manage multiple tasks, meet deadlines, and ensure accuracy and compliance.
• Excellent communication, teamwork, negotiation, and customer service skills.
• Experience with internal controls, audit preparation, process optimization, and automation
  
  
  

tools.

• Strong attention to detail and accuracy in financial reporting, reconciliation, and payroll
  
  
  

processing.

• Ability to work with various departments to align financial strategies and implement process
  
  
  

improvements.