Account Officer at Karios Markets

Job Summary

• Maintain accurate and up-to-date financial records, including ledgers, journals, and financial statements.
• Perform day-to-day bookkeeping tasks, including recording financial transactions, reconciling accounts, and managing the general ledger.
• Assist in the preparation and monitoring of budgets and financial forecasts to support strategic planning and decision-making.
• Prepare regular financial reports for management, regulatory authorities, and other stakeholders, ensuring compliance with accounting standards.
• Ensure compliance with tax regulations, prepare and submit tax returns, and coordinate with external tax professionals as needed.
• Collaborate with internal and external auditors during financial audits, providing necessary documentation and explanations.
• Stay informed about financial regulations and reporting requirements relevant to the Forex industry, and ensure the company's compliance with such regulations.
• Analyze costs and expenses to identify areas for cost savings and efficiency improvements.
• Oversee payroll processing, including accurate calculation of wages, deductions, and tax withholdings.
• Conduct financial analysis to support decision-making, identify trends, and provide insights into the financial performance of the firm.
• Manage the company's cash flow, monitor liquidity, and optimize cash positions.
• Implement and maintain internal financial controls to safeguard assets and ensure the integrity of financial information.
• Analyze and explain variances between budgeted and actual financial results, investigating discrepancies and proposing corrective actions.
• Provide financial advice to management, assisting in strategic financial planning and decision-making.
• Collaborate with other departments, such as compliance, operations, and IT, to ensure financial information is accurate and aligned with business activities.
• Work with IT professionals to integrate financial systems and ensure the seamless flow of financial data.
• Stay updated on accounting standards, regulations, and industry best practices, and implement changes as necessary.
• Manage relationships with external financial service providers, auditors, and tax consultants.

REQUIREMENTS 

• Bachelor’s degree in accounting, Finance, or related field. 
• Minimum of 2 years of experience as an accountant in a warehouse or accounting department 
• Good Knowledge of ERP and Tally 
• Strong understanding of cost accounting principles and practices. 
• Proficiency in accounting software and MS Excel; experience with ERP systems is a plus. 
• Ability to analyze complex data and generate actionable insights. 
• Excellent attention to detail and organizational skills. 
• Strong communication and interpersonal abilities for collaboration across departments. 
• Experience in implementing process improvements related to cost accounting. 
• Knowledge of tax regulations and compliance specific to manufacturing entities