Sector
BFSI
Keyword

Tax Accountant

Chartered Accountant

Accounting Officer

Assistant Accountant

Minimum ? Bachelor?s degree in Accounting or a related field

1 year of professional accounting experience

The tasks an Accountant is expected to perform include:Advising on accounting matters

Performing accountancy services or audits

Ensuring proper maintenance of account books and records of business and financial establishments, private institutions, Government or Quasi Government Offices

Preparing tax returns and financial statements

Performing secretarial work such as transfer of shares, registration, etc.Supervising preparation and consolidation of annual budget

Checking inventory, counting cash, examining documents in support of entries and reporting to appropriate authorities

Knowledge of scrutinizing bills, receipts, payments, etc. for proper entries in Cash Book, Journal, Ledger and other records

Well-versed with keeping record of all taxes, licenses, fees etc. required to be paid by organization or establishment

Adept with ensuring that the taxes, licenses, fees, etc. are paid in time and kept up-to-date

Proficient in supervising subordinates who is engaged in maintenance of accounts and records

Adept with preparing final accounts such as trial balance, profit annual loss statement and balance sheet etc. as required depending upon type of industry or organization

Knowledge of checking inventory, counting cash, examining documents in support of entries and reporting to appropriate authorities in maintenance of accounts or loss of money, material etc.Well-versed with the instructions given or objections raised are carried out or rectified

Proficient in periodical and surprise checks of accounts

Adept to advising appropriate authority on financial matters including revenue and expenditure such as procedure for procurement of raw materials, machinery and other purchases and also disposal of assets, write off, depreciation award of contract, etc.

Specialisation in particular branches of accountancy

Client-centric

Confidentiality

Integrity

Accountable

Great work ethics

Reliable

Analytical skills

It is a desk job

Need not handle a team

Local travelling is not a part of this job role

Part-time work and contractual jobs are available in some cities

Work from home option is available

Working hours

Companies usually work for 5/6 days a week for 8/9 hours everyday. This may vary from company to company

Being self-employed is also an option. In this case, the working hours and days will be flexible

Shift system maybe available

Is the job suitable for a candidate with special needs?This job is suitable for candidates with One Arm (OA), One Leg (OL), Both Leg (BL) and those who have their Hearing Impaired (HH)

This job is not listed as hazardous or dangerous under The Factories Act, 1948 (section 87)Occupational hazards include strain on eyes, cervical spondylosis and lumbar spondylosis, carpal tunnel syndrome, mental stress, etc.

For freshers - INR 15,000 to INR 20,000 per month For candidates with 2-4 years of experience or more - INR 25,000 to INR 30,000 per month

Overview of Banking, Financial Services and Insurance Industry in IndiaThe BFSI industry is one of the fastest growing sectors in the country. Public Sector Banks (PSB) and Non-Banking Financial Companies (NBFC) have been the leading employers in the Indian banking sector, accounting for more than 73 percent employees. PSBs are much ahead of Private Sector Banks in expanding overseas presence, accounting for over 90% of 171 overseas branches as of FY13.Banking credit is expected to grow at a CAGR of 17 percent during 2012-13 to 2016-17. The banking and NBFCs are expected to generate around 1.5 million new jobs between 2013?14 and 2016?17 on account of business expansion, retirement primarily in PSBs and entry of new banks in the private sector. The sector currently employs over 2.55 million employees and is slated to employ more than 4.2 million employees by 2022. This implies additional creation of 1.6 million jobs in the nine-year period. Keeping in mind the current employment, and the expected growth in the Banking and NBFC, we project that the total employment in the particular segment would increase from about 1.89 million in 2013 to 3.2 million jobs in 2022, which translates to an incremental human resource requirement of about 1.3 million jobs. All these factors mean that there will be a huge demand of Accountants across towns and cities in India.

Self-employed

Banks across India

Chartered Accountant firms across India

Non-Banking Financial Companies across India

Towns and cities across India