Retail Store Accountant

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

Financial Accounting

Retail Operations Knowledge

Inventory Management

Tax Compliance

Budgeting and Forecasting

Data Analysis

Accounting Software Proficiency

Auditing Skills

Communication Skills

Problem-Solving Skills

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

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

Task

95%

Managing daily accounting tasks, including accounts payable and receivable, ensuring accurate financial records.

92%

Preparing and analyzing financial statements (balance sheets, income statements) to provide insights into store performance.

90%

Reconciling bank statements and managing cash flow to ensure sufficient funds for store operations.

88%

Handling tax compliance, including GST filings and income tax returns, ensuring adherence to Indian tax laws.

85%

Monitoring inventory levels and conducting regular stock audits to minimize losses and improve inventory management.

82%

Processing payroll and managing employee compensation, ensuring timely and accurate payments.

80%

Preparing budgets and financial forecasts to support strategic decision-making and financial planning.

78%

Analyzing sales data and identifying trends to optimize pricing and promotional strategies.

75%

Ensuring compliance with accounting standards and internal control procedures to safeguard company assets.

72%

Liaising with auditors and providing necessary documentation for financial audits.

70%

Managing fixed assets and depreciation schedules to accurately reflect asset values.

68%

Implementing and maintaining accounting software systems to improve efficiency and accuracy.

Work Activities

Detailed Work Profile

Interests