Corporate Accountant Career

Functional Skills

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

Financial Accounting

Auditing and Assurance

Tax Compliance and Planning

Budgeting and Forecasting

Financial Analysis

Cost Accounting

Internal Controls

Financial Reporting

Data Analysis and Interpretation

Regulatory Compliance

Enterprise Resource Planning (ERP) Systems

Forensic Accounting

Soft Skills

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

Communication Skills

Analytical Skills

Problem-Solving Skills

Attention to Detail

Time Management

Teamwork and Collaboration

Adaptability

Ethical Conduct

Leadership Skills

Stress Management

Technical Skills

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

Accounting Software Proficiency (SAP, Oracle, Tally)

Financial Reporting and Analysis

Taxation Knowledge (GST, Income Tax)

Auditing and Assurance

Budgeting and Forecasting

Data Analysis and Visualization

IFRS (International Financial Reporting Standards)

Communication and Interpersonal Skills

Problem-Solving and Analytical Skills

Regulatory Compliance

Duties and Responsiblities

Task

95%

Preparing and analyzing financial statements in compliance with accounting principles and regulations.

92%

Managing general ledger and ensuring accuracy of financial data for reporting.

90%

Conducting monthly, quarterly, and annual closing activities to meet deadlines.

88%

Performing bank reconciliations and resolving discrepancies to maintain accurate records.

85%

Assisting with internal and external audits by providing necessary documentation and explanations.

82%

Ensuring compliance with tax regulations and preparing tax returns accurately and on time.

80%

Developing and implementing accounting policies and procedures to improve efficiency.

78%

Monitoring and analyzing budget variances to provide insights for cost control.

75%

Managing accounts payable and receivable processes to ensure timely payments.

72%

Preparing financial reports for management to support decision-making processes.

70%

Maintaining fixed asset records and ensuring proper depreciation calculations.

68%

Assisting with the preparation of annual budgets and forecasts.

Work Activities

95%

Prepare accurate financial statements in compliance with accounting standards and regulatory requirements.

92%

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

90%

Develop and manage budgets, conduct financial forecasting to support strategic decision-making.

88%

Conduct internal audits to assess financial controls, identify risks, and ensure compliance.

85%

Analyze financial data, interpret trends, and provide insights to improve financial performance.

82%

Reconcile bank statements, general ledger accounts, and other financial records to ensure accuracy.

80%

Analyze production costs, identify cost-saving opportunities, and improve profitability.

78%

Prepare and submit regulatory reports to government agencies and other stakeholders.

75%

Manage and maintain financial accounting systems, ensuring data integrity and security.

72%

Perform regular compliance checks to ensure adherence to company policies and legal requirements.

70%

Analyze budget variances, identify root causes, and recommend corrective actions.

Detailed Work Profile

Interests