Senior Accountant - Tally/GST/Tax/Accounting Job Description Template
The Senior Accountant is responsible for managing and overseeing all financial transactions, from fixed payments and variable expenses to bank deposits and budgets. This position requires deep expertise in accounting principles, tax regulations, and proficiency in Tally software. The ideal candidate will ensure financial accuracy and stability, providing the foundation for strategic business decisions.
Responsibilities
- Manage all accounting operations including billing, A/R, A/P, GL, and counsel, cost accounting, inventory accounting, and revenue recognition.
- Coordinate and direct the preparation of the budget and financial forecasts and report variances.
- Prepare and publish timely monthly financial statements.
- Coordinate the preparation of regulatory reporting, especially related to GST.
- Research technical accounting issues for compliance.
- Support month-end and year-end close process.
- Ensure quality control over financial transactions and financial reporting.
- Manage and comply with local, state, and federal government reporting requirements and tax filings.
- Develop and document business processes and accounting policies to maintain and strengthen internal controls.
Qualifications
- Bachelor's degree in Accounting, Finance, or a related field.
- Proven experience as a Senior Accountant or similar role.
- Thorough knowledge of basic accounting procedures and principles.
- Awareness of business trends.
- Experience with general ledger functions and the month-end/year-end close process.
- Excellent accounting software user and administration skills.
- Accuracy and attention to detail.
- Aptitude for numbers and quantitative skills.
Skills
- Tally ERP
- GST compliance
- Tax preparation and planning
- Financial reporting
- Budgeting and forecasting
- Excel
- Analytical skills
- Attention to detail
- Communication skills
Frequently Asked Questions
A Senior Accountant specializing in Tally, GST, Tax, and Accounting handles various financial operations and reporting tasks. They are responsible for managing the accounting software Tally for accurate financial records, ensuring compliance with GST regulations, and preparing tax returns. They also contribute to financial forecasting and budgeting, and supervise and mentor junior accounting staff, ensuring that financial tasks are completed efficiently and accurately while adhering to regulatory standards.
To become a Senior Accountant specializing in Tally, GST, and Tax, one typically needs at least a bachelor's degree in accounting or finance. Gaining certifications in Tally ERP and tax law can be advantageous. Relevant work experience, particularly in handling GST and tax-related tasks, is critical. A candidate should have 5-7 years of progressively responsible accounting experience and demonstrate strong analytical and problem-solving skills.
The average salary for a Senior Accountant specializing in Tally, GST, Tax, and Accounting varies depending on location, experience, and company size. Typically, the compensation package includes base salary, bonuses, and benefits. Senior Accountants in this role can expect to earn significantly more as they gain expertise and take on more complex responsibilities. Salary surveys and industry reports are good resources for specific figures.
Qualifications for a Senior Accountant role with a focus on Tally, GST, and Tax typically include a bachelor's degree in accounting or a related field. Some positions may require a master's degree or certifications like CPA or CMA. Proficiency in Tally ERP and a deep understanding of GST regulations and tax compliance are essential. Strong analytical skills and attention to detail are also important to excel in this role.
A Senior Accountant in Tally, GST, Tax, and Accounting should possess strong analytical and numerical skills, proficiency with Tally ERP, and comprehensive knowledge of GST regulations and tax laws. Key responsibilities include managing financial statements, ensuring tax compliance, conducting audits, and analyzing financial data. They must also exhibit leadership by guiding junior accountants, ensuring accurate financial reporting, and implementing financial strategies to enhance the company's fiscal performance.