Megatech is seeking an experienced and responsible Senior Accountant to oversee the company's accounting and financial operations. The ideal candidate will be responsible for maintaining accurate financial records, preparing financial reports, ensuring tax compliance, and managing accounts receivable and payable. The candidate should possess strong analytical and financial management skills to support management in making informed decisions, maintaining financial control, and improving overall business profitability.
Key Responsibilities
- Oversee daily accounting activities and ensure accurate and timely recording of financial transactions.
- Review and monitor sales, purchases, receipts, payments, expenses, journal entries, and bank transactions.
- Prepare monthly, quarterly, and annual financial statements and management reports.
- Analyse revenue, expenses, profit margins, and operating costs to assess financial performance.
- Provide financial insights and recommendations to management for cost control and profitability improvement.
- Prepare cash flow statements and monitor the company's financial position.
- Ensure compliance with VAT, TDS, income tax, and other applicable tax regulations.
- Prepare and submit tax returns and statutory reports within the prescribed deadlines.
- Coordinate with auditors, tax consultants, banks, and relevant government authorities.
- Monitor accounts receivable, follow up on outstanding payments, and ensure timely collection from customers.
- Manage accounts payable and coordinate supplier payments based on due dates and available cash flow.
- Conduct regular customer, supplier, and bank reconciliations.
- Verify bills, vouchers, supporting documents, and approvals before processing financial transactions.
- Assist in internal and external audits and strengthen accounting controls and procedures.
- Maintain accurate, organized, and confidential financial records.
- Supervise and provide guidance to junior accounting staff when required.
- Perform other finance and accounting-related duties assigned by management.