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Accounts Controller

Overview, Education, Careers Types, Skills, Career Path, Resources

Accounts Controllers manage financial reporting, ensure compliance, and oversee accounting operations. They play a crucial role in maintaining financial health.

Average Salary

₹7,00,000

Growth

high

Satisfaction

medium

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Functional Skills

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

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    Financial Accounting
    -
    Budgeting and Forecasting
    -
    Tax Compliance
    -
    Auditing
    -
    Financial Analysis
    -
    Cost Accounting
    -
    Risk Management
    -
    Regulatory Compliance
    -
    Internal Controls
    -
    MIS Reporting
    -
    Inventory Management
Soft Skills

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

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    Financial Acumen
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    Analytical Skills
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    Attention to Detail
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    Communication Skills
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    Problem-Solving
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    Leadership Skills
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    Organizational Skills
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    Adaptability
    -
    Ethical Conduct
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    Time Management
Technical Skills

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

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    Accounting Software Proficiency (SAP, Tally, Oracle)
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    Financial Reporting and Analysis
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    Taxation Knowledge (GST, Income Tax)
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    Budgeting and Forecasting
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    Auditing and Compliance
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    Cost Accounting
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    Data Analysis and Reporting
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    Internal Controls
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    Communication and Interpersonal Skills
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    Problem-Solving and Analytical Skills
Duties and Responsiblities

Task

95%

Oversee all accounting operations, ensuring compliance with Indian accounting standards and tax regulations.

90%

Manage the preparation and timely filing of GST, TDS, and other statutory returns as per Indian law.

85%

Develop and maintain internal control policies and procedures to safeguard company assets in India.

80%

Lead the annual audit process, liaising with external auditors to ensure accurate financial reporting.

75%

Analyze financial data and provide insights to senior management for strategic decision-making.

70%

Manage and mentor the accounting team, fostering a culture of continuous improvement and professional development.

65%

Monitor cash flow and ensure adequate funds are available to meet the company's obligations.

60%

Prepare monthly, quarterly, and annual financial statements in accordance with Indian GAAP.

55%

Review and approve journal entries and account reconciliations.

50%

Stay updated on changes in accounting standards and tax laws in India.

Work Activities

95%

Prepare accurate financial statements, ensuring compliance with accounting standards and regulations.

92%

Develop and manage budgets, monitor expenditures, and analyze variances to ensure financial stability.

90%

Establish and maintain robust internal controls to safeguard company assets and prevent fraud.

88%

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

85%

Coordinate with external auditors, providing necessary documentation and addressing audit findings.

82%

Conduct in-depth financial analysis to identify trends, assess risks, and provide recommendations for improvement.

80%

Monitor and manage cash flow, ensuring sufficient liquidity to meet operational needs and strategic objectives.

78%

Analyze budget variances, investigate discrepancies, and implement corrective actions.

75%

Stay updated on regulatory changes and ensure compliance with accounting and financial regulations.

72%

Lead and mentor accounting staff, fostering a collaborative and high-performing work environment.

70%

Participate in the implementation of accounting systems and software, ensuring seamless integration and data accuracy.

Detailed Work Profile

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