Accounts and Finance Practitioner

Functional Skills

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

Financial Accounting

Tax Compliance

Budgeting and Forecasting

Financial Analysis

Auditing

Cost Accounting

Financial Reporting

GST (Goods and Services Tax) Knowledge

TDS (Tax Deducted at Source) Management

Financial Software Proficiency

Data Analysis and Interpretation

Risk Management

Soft Skills

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

Communication Skills

Analytical Skills

Attention to Detail

Time Management

Problem-Solving Skills

Teamwork and Collaboration

Adaptability

Ethical Conduct

Stress Management

Leadership Skills

Technical Skills

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

Accounting Software Proficiency (e.g., SAP, Oracle, Tally)

Financial Modeling and Analysis

Taxation Knowledge (Direct and Indirect Taxes)

Auditing and Assurance

Budgeting and Forecasting

Financial Reporting (IFRS, Indian GAAP)

Data Analysis and Interpretation

Risk Management

Communication and Presentation Skills

Problem-Solving and Analytical Skills

Knowledge of GST (Goods and Services Tax)

Knowledge of TDS (Tax Deducted at Source)

Duties and Responsiblities

Task

95%

Managing financial transactions and ensuring accuracy in accounts for Indian businesses.

92%

Preparing and analyzing financial statements in compliance with Indian accounting standards.

90%

Handling tax planning and compliance, including GST and income tax, for Indian entities.

88%

Conducting internal audits to ensure financial controls and regulatory compliance in India.

85%

Budgeting and forecasting to support financial decision-making within Indian organizations.

82%

Managing accounts payable and receivable processes efficiently for Indian operations.

80%

Reconciling bank statements and ensuring accuracy of financial records for Indian companies.

78%

Preparing financial reports for management and stakeholders in accordance with Indian regulations.

75%

Monitoring cash flow and managing working capital effectively for Indian businesses.

72%

Ensuring compliance with statutory requirements related to accounts and finance in India.

70%

Assisting in financial audits and providing necessary documentation for Indian auditors.

68%

Maintaining accurate and up-to-date financial records using accounting software in India.

Work Activities

95%

Prepare accurate financial statements, ensuring compliance with accounting standards.

92%

Develop and manage budgets, monitor performance, and provide variance analysis.

90%

Ensure timely and accurate filing of tax returns, adhering to regulatory requirements.

88%

Coordinate with internal and external auditors, providing necessary documentation and support.

85%

Conduct financial analysis, identify trends, and provide insights for decision-making.

82%

Reconcile accounts, resolve discrepancies, and ensure data accuracy.

80%

Manage accounts payable and receivable, ensuring timely invoice processing.

78%

Process payroll, manage employee benefits, and ensure compliance with labor laws.

75%

Monitor cash flow, manage liquidity, and optimize working capital.

72%

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

70%

Develop financial plans, forecast future performance, and support strategic initiatives.

68%

Prepare and submit regulatory reports, ensuring compliance with legal requirements.

Detailed Work Profile

Interests