Accountant

  • icon job experience 2 - 8 Years
  • icon job opening 15 Openings
  • icon salary 3.0-4.8 Lac/Yr
  • icon job location Ahmedabad
  • icon job posting Posted 1 days ago
  • Face-to-Face interview Face-to-Face interview

Job Description

1. Intercompany Entry Passing:

This involves recording financial transactions between different entities within the same corporate group.

Examples include charging management fees, transferring funds, or allocating shared expenses.

2. Finding and Rectifying Intercompany Account Entries:

Ensuring intercompany accounts are reconciled.

Identifying discrepancies (., one entity records a transaction, but the counterpart does not), correcting errors, and ensuring the books match across entities.

3. Handling Double or More Entries:

Making journal entries that affect multiple entities simultaneously. For example:

Entity A invoices Entity B; the entries reflect income for A and expense for B.

Allocation of common costs (., IT, utilities) across multiple entities.

4. Allocation of Expenses Between Companies:

Determining how shared costs, such as rent, software subscriptions, or HR services, are divided among entities.

Using methods like headcount, usage-based allocation, or revenue proportion.

5. Fundamental Understanding:

Candidates should have strong foundational accounting knowledge, including:

Double-entry bookkeeping principles.

Understanding intercompany reconciliation processes.

Proficiency with accounting standards applicable to intercompany transactions
  • Experience

    2 - 8 Years

  • No. of Openings

    15

  • Education

    Professional Degree, B.A, B.B.A, B.Com, BDS, BAMS, B.Sc, B.Tech, LLB

  • Role

    Accountant

  • Industry Type

    Banking / Financial Services / Stock Broking

  • Gender

    [ Male / Female ]

  • Job Country

    India

  • Type of Job

    Full Time

  • Work Location Type

    Work from Home

  • Face interview location

    Ahmedabad

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