Technical Accountant Career

Functional Skills

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

Financial Accounting

Technical Accounting Research

Data Analysis and Reconciliation

Internal Controls and Compliance

ERP Systems Knowledge

Tax Accounting

IFRS (International Financial Reporting Standards)

US GAAP (Generally Accepted Accounting Principles)

Financial Reporting

Audit Trail Maintenance

Variance Analysis

Forecasting and Budgeting

Soft Skills

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

Attention to Detail

Analytical Skills

Problem-Solving

Communication Skills

Time Management

Adaptability

Integrity

Teamwork

Leadership Skills

Stress Management

Technical Skills

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

Accounting Software Proficiency

Data Analysis and Interpretation

Financial Reporting Standards (IFRS, GAAP)

Database Management

Programming and Scripting

Internal Controls and Auditing

Tax Accounting

Financial Modeling

Duties and Responsiblities

Task

95%

Ensuring compliance with accounting standards and regulations specific to India, such as GST and Income Tax Act.

92%

Preparing and analyzing financial statements, including balance sheets, income statements, and cash flow statements.

90%

Managing the month-end and year-end closing processes, ensuring accuracy and timeliness.

88%

Conducting variance analysis to identify discrepancies and provide explanations for budget deviations.

85%

Reconciling bank statements and general ledger accounts to ensure data integrity.

82%

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

80%

Maintaining fixed asset records and calculating depreciation expenses.

78%

Processing journal entries and ensuring proper documentation for all transactions.

75%

Supporting the budgeting and forecasting process by providing historical financial data.

72%

Reviewing and processing employee expense reports in compliance with company policies.

70%

Assisting in the implementation and maintenance of accounting systems and software.

68%

Monitoring and analyzing key performance indicators (KPIs) to identify trends and areas for improvement.

Work Activities

95%

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

92%

Maintain and reconcile the general ledger, ensuring accuracy and completeness of financial data.

90%

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

88%

Implement and monitor internal controls to safeguard company assets and ensure data integrity.

85%

Assist in the preparation of budgets and financial forecasts, providing insights into financial performance.

82%

Analyze variances between actual and budgeted results, identifying trends and providing explanations.

80%

Provide support during internal and external audits, preparing schedules and responding to inquiries.

78%

Reconcile bank statements and other accounts, resolving discrepancies and ensuring accuracy.

75%

Conduct financial analysis to identify opportunities for cost savings and revenue enhancement.

72%

Identify and implement process improvements to enhance efficiency and accuracy in accounting operations.

70%

Prepare and submit regulatory reports, ensuring compliance with applicable regulations.

Detailed Work Profile

Interests