Accounting Professional

Functional Skills

Functional Skills are essential skills that help individuals perform tasks effectively in everyday life, work, and education.

Financial Accounting

Tax Accounting

Auditing

Cost Accounting

Budgeting and Forecasting

Financial Analysis

Compliance and Regulatory Reporting

Accounting Software Proficiency

Data Analysis and Interpretation

Communication and Interpersonal Skills

Soft Skills

Communication, teamwork, and critical thinking to ensure seamless project execution.

Attention to Detail

Analytical Skills

Communication Skills

Organizational Skills

Ethical Conduct

Problem Solving

Adaptability

Teamwork

Technical Skills

Technical Skills are specialized abilities and knowledge needed to perform specific tasks or functions.

Accounting Software Proficiency

Financial Reporting Standards (FRS)

Taxation Knowledge

Auditing Skills

Data Analysis and Interpretation

Financial Modeling

Communication and Interpersonal Skills

Problem-Solving and Analytical Skills

Regulatory Compliance

Cost Accounting

GST Compliance and Filing

Budgeting and Forecasting

Duties and Responsiblities

Task

95%

Prepare and analyze financial statements to ensure accuracy and compliance with accounting standards.

92%

Manage and oversee the general ledger, ensuring all transactions are properly recorded and reconciled.

90%

Conduct internal audits to identify areas of risk and recommend improvements to internal controls.

88%

Prepare and file tax returns, ensuring compliance with all applicable tax laws and regulations.

85%

Develop and implement accounting policies and procedures to ensure financial integrity.

82%

Manage accounts payable and receivable, ensuring timely payments and collections.

80%

Assist with budgeting and forecasting, providing financial insights to support decision-making.

78%

Monitor and analyze financial performance, identifying trends and variances.

75%

Prepare and present financial reports to management, providing insights into financial performance.

72%

Ensure compliance with regulatory requirements, such as GST and TDS.

70%

Maintain fixed asset records and ensure proper depreciation calculations.

68%

Assist with the preparation of annual financial audits.

65%

Reconcile bank statements and other financial records.

62%

Provide support for financial system implementations and upgrades.

60%

Assist with ad-hoc financial analysis and reporting as needed.

Work Activities

95%

Preparing accurate financial statements in compliance with accounting standards and regulations.

92%

Ensuring timely and accurate filing of tax returns, adhering to Indian tax laws.

90%

Conducting internal and external audits to verify financial records and internal controls.

88%

Developing and managing budgets, forecasting financial performance for strategic planning.

85%

Analyzing costs to improve efficiency and profitability, crucial for manufacturing sectors.

82%

Evaluating financial data to provide insights and recommendations for business decisions.

80%

Reconciling bank statements and general ledger accounts to ensure accuracy.

78%

Overseeing inventory accounting, valuation, and control procedures.

75%

Managing payroll functions, ensuring compliance with labor laws and statutory requirements.

72%

Staying updated with changes in accounting standards and regulatory requirements in India.

70%

Implementing and monitoring internal controls to safeguard assets and prevent fraud.

68%

Preparing management information system (MIS) reports for decision-making.

Detailed Work Profile

Interests