Corporate Accountant

A Corporate Accountant manages the financial records of a corporation. They ensure compliance with Indian Accounting Standards (Ind AS) and prepare financial reports for internal and external stakeholders.

Why Hire a Corporate Accountant?

• A Corporate Accountant can help make informed financial decisions by maintaining accurate financial records and meeting compliance requirements.
• They provide valuable insights into cost management, profit optimization, and risk mitigation for sound financial decision-making.

Job Description Template

We are looking for a skilled Corporate Accountant to add to the accounting team. You will manage the financial operations, ensure compliance with Indian Accounting Standards (Ind AS), and provide strategic financial guidance. 

In this role, you should possess a deep understanding of accounting principles, taxation, and financial analysis. Ultimately, you will be responsible for maintaining the integrity of the financial records and helping the company make sound and informed decisions.

Responsibilities:

• Prepare financial statements and reports per Indian Accounting Standards (Ind AS).
• Oversee the month-end and year-end closing processes.
• Manage corporate tax filings, including income tax, GST, and other statutory obligations.
• Conduct variance analysis of financial data and provide insights to management for decision-making.
• Coordinate internal and external audits and ensure compliance with Indian regulatory standards.
• Manage budgeting and forecasting processes.
• Provide financial analysis and recommendations to optimize costs and profitability.
• Ensure compliance with corporate financial policies and procedures.
• Handle cash flow management and capital expenditures.
• Collaborate with finance teams on financial reporting, investments, and accounting processes.

Qualifications:

• Bachelor’s or Master’s degree in Commerce, Finance, or Accounting.
• Chartered Accountant (CA) or similar qualification.
• 3-5 years of experience in corporate accounting or a similar financial role.
• Knowledge of Indian accounting standards (Ind AS), tax laws, and corporate finance principles.
• Proficiency in accounting software (Tally, SAP, and/or QuickBooks).
• Strong understanding of taxation (direct and indirect) and regulatory compliance.

Key Skills:

• Corporate accounting
• Financial reporting and analysis
• Taxation (GST, income tax)
• Compliance and audit management
• Budgeting and forecasting
• Ind AS and regulatory compliance
• Financial software proficiency (Tally, SAP, QuickBooks)
• Analytical thinking and attention to detail

Tips For Recruiters:

• Ensure candidates have hands-on experience with corporate accounting, including familiarity with Ind AS.
• Look for candidates with proven experience in financial reporting, tax compliance, and audit handling.
• Evaluate the analytical and problem-solving skills of the candidates to select one who can provide financial insights to management.
• Assess candidates for their ability to manage complex financial data, corporate tax issues, and compliance regulations.

Key Points to Mention About Your Organization:

• Highlight the scale of the financial operations, including turnover or size of the team.
• Mention if the organization is involved in multiple sectors or has international operations, as this could attract accountants with a diverse background.
• Specify if there are opportunities for further professional development, such as learning advanced accounting practices or participating in strategic financial projects.

Keywords For Recruiters:

• Corporate Accountant
• Financial reporting
• GST compliance
• Ind AS
• Corporate taxation
• Financial analysis
• Auditing
• Tally/SAP/QuickBooks