The Project Accountant is responsible for managing and overseeing the financial operations of The Foundation. The role includes preparing financial statements, handling general ledger activities, ensuring compliance with accounting principles, and assisting with financial audits. This position does not require a CA qualification but demands strong accounting knowledge, attention to detail, and proficiency with accounting software.Key Responsibilities:Financial Reporting: Prepare and present monthly, quarterly, and annual financial statements, including profit and loss accounts, balance sheets, and cash flow statements, ensuring accuracy and compliance with accounting standards.General Ledger Management: Maintain and reconcile general ledger accounts, ensuring accurate posting of transactions.Month-End and Year-End Closures: Assist with month-end and year-end closing activities, including preparing journal entries, accruals, and reconciliation of accounts.Tax and Compliance: Prepare and file VAT returns, GST returns, and other statutory filings as required. Assist in ensuring compliance with local tax regulations.Accounts Payable and Receivable: Oversee accounts payable and receivable processes, ensuring timely payments and collections, and manage vendor and customer relationships.Internal Controls: Implement and monitor internal controls to safeguard company assets and ensure financial accuracy.Audit Support: Assist with internal and external audits by preparing required documentation and responding to audit queries.Budgeting and Forecasting: Assist in the preparation of annual budgets and forecasts, providing relevant financial data and insights for decision-making.Financial Analysis: Provide financial analysis and reports to support business decisions, including variance analysis and financial performance reviews.Cash Flow Management: Monitor cash flow, prepare cash flow forecasts, and recommend strategies to improve cash management.Record Keeping: Ensure all financial transactions are properly recorded, filed, and reported in accordance with policies, procedures, and accounting standards.Software and Systems: Use accounting software to perform day-to-day financial tasks and maintain up-to-date financial records, from source to financial statements.Minimum Qualifications:Education: A bachelor's degree in Accounting, Finance, or a related field is typically required.Experience: At least 2-3 years of experience in accounting or financial reporting in a corporate environment.Knowledge: Strong knowledge of accounting principles, financial reporting, tax laws, and statutory compliance requirements.Software Skills: Proficiency in accounting software and advanced Excel skills.Attention to Detail: High degree of accuracy and attention to detail in all financial tasks.Communication Skills: Strong written and verbal communication skills to effectively present financial information to non-financial stakeholders.Analytical Abilities: Strong analytical and problem-solving skills to identify discrepancies and improve financial processes.Teamwork: Ability to work effectively in a team environment while managing multiple priorities.
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