A Senior Accountant oversees accounting operations, prepares financial statements, manages audits, and ensures compliance with Indian financial regulations (including Indian Accounting Standards (Ind AS)). They also provide valuable insights and support strategic decision-making by analyzing financial data and trends.
Why Hire a Senior Accountant?
- A Senior Accountant manages complex accounting tasks and ensures accuracy in financial reporting and compliance with Indian financial laws.
- They help mitigate risks associated with audits and financial discrepancies.
- They act as a mentor to junior staff, fostering professional development within the team.
- A Senior Accountant’s analytical skills also provide crucial insights for informed decision-making and boost the organization’s growth and financial performance.
Job Description Template
We are seeking a highly skilled and detail-oriented Senior Accountant to become a part of the finance team. You will oversee financial operations, prepare reports, and ensure compliance with statutory requirements.
As a senior member of the team, you will also help guide the junior members and ensure that your team’s output adheres to the relevant regulations and the company’s standards. This requires an in-depth understanding of accounting principles and practices prevalent in India.
Responsibilities:
- Prepare and review monthly, quarterly, and annual financial statements per Indian accounting standards.
- Manage the full accounting cycle, including accounts payable and receivable, payroll, and bank reconciliations.
- Ensure compliance with tax regulations, including Goods and Services Tax (GST) and Income Tax.
- Conduct financial analysis to identify trends, variances, and areas for improvement.
- Assist in budget preparation and forecasting processes.
- Coordinate with auditors during financial audits and implement recommendations as necessary.
- Mentor and train junior accountants, fostering a collaborative work environment.
- Maintain accurate and organized financial records in compliance with legal and organizational requirements.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or a related field.
- A minimum of 5 years of experience in accounting or finance roles, with at least 2 years in a supervisory position.
- Professional certification such as CA (Chartered Accountant) or CMA (Certified Management Accountant) is preferred.
- Proficiency in accounting software (e.g., Tally, SAP, QuickBooks) and Microsoft Excel.
Key Skills:
- Financial reporting
- Tax compliance
- Analytical skills
- Attention to detail
- Communication skills
- Leadership abilities
- Problem-solving
- Time management
Tips For Recruiters:
- Look for candidates with a proven track record in managing accounting operations and financial reporting.
- Assess their familiarity with Indian tax laws and regulations, particularly GST and income tax.
- Evaluate their leadership and mentoring capabilities, as this role often involves guiding junior team members.
Key Points to Mention About Your Organization:
- Specify any accounting software or tools used in your organization to attract candidates with relevant experience.
- Highlight opportunities for professional development, such as training programs or certifications.
- Describe the organizational culture and values to appeal to candidates who align with your company’s mission.
Keywords For Recruiters:
- Senior Accountant
- Financial reporting
- Tax compliance
- Auditing
- Accounting software
- CA (Chartered Accountant)
- Management Accounting
- Financial analysis
- Budgeting and forecasting
