Piplhr
Finance & AdministrationJD · JS · KPIs

Accountant Roles and Responsibilities

The Accountant keeps the company's financial records accurate and on time. They record transactions, raise invoices, manage payables and receivables, reconcile accounts, prepare tax filings and produce the reports the business uses to make decisions.

Also known as: Accounts Executive, Junior Accountant, Bookkeeper

Build this role in Piplhr
Reports to
Finance Manager, Owner or General Manager
Department
Finance & Administration
Experience
1-5 years in accounting
Work location
Office-based

Job Description (JD)

The responsibilities an Accountant owns and the duties they perform.

Responsibilities

  1. 1Maintain complete and accurate books of accounts
  2. 2Manage accounts receivable and collections follow-up
  3. 3Manage accounts payable and supplier payments
  4. 4Complete bank, vendor and customer reconciliations
  5. 5Prepare and file indirect and direct tax returns on time
  6. 6Support month-end and year-end closing and audits
  7. 7Maintain documentation for all financial transactions
  8. 8Produce monthly financial reports for management

Duties

Daily
  • Record sales, purchases, receipts and payments
  • Raise invoices and issue receipts
  • Check supplier bills against purchase orders
  • Monitor bank balances and transactions
Weekly
  • Follow up on overdue customer payments
  • Prepare the supplier payment run for approval
  • Reconcile petty cash and expense claims
Monthly
  • Reconcile bank and ledger accounts
  • Prepare tax returns and statutory filings
  • Close the books and prepare management reports
  • Support payroll processing

Job Specification (JS)

The job information and the skills this role needs.

Job information

Qualification
B.Com, M.Com or equivalent; CA Inter or similar is a plus
Experience
1-5 years in accounting
Work location
Office-based
Working hours
Full-time, typically 9 hours a day, 5-6 days a week
Shift
Day shift
Employment type
Full-time

Technical skills

  • Accounting software such as Tally, Zoho Books or QuickBooks
  • Tax compliance
  • Reconciliations
  • Excel
  • Financial reporting

Soft skills

  • Accuracy
  • Integrity
  • Organisation
  • Deadline discipline
  • Clear communication

Tools used

  • Tally / Zoho Books / QuickBooks
  • Excel
  • Banking portals
  • Tax portals
  • Expense management tools

Career path

  1. Accounts Assistant
  2. Accountant
  3. Senior Accountant
  4. Accounts Manager
  5. Finance Manager

KPI

How to measure whether an Accountant is succeeding.

KPIWhat it measuresReview
Books closed on timeMonth-end close completed by the agreed dateMonthly
Filings on timeTax and statutory filings submitted by due dateMonthly
Overdue receivablesAmount outstanding beyond payment termsWeekly
Reconciliation accuracyUnreconciled items carried forwardMonthly

In Piplhr, KPIs become recurring daily and weekly reports that each person submits - see Reporting & KPI tracking.

Accountant FAQs

What does an Accountant do?

The Accountant keeps the company's financial records accurate and on time. They record transactions, raise invoices, manage payables and receivables, reconcile accounts, prepare tax filings and produce the reports the business uses to make decisions.

What are the main responsibilities of an Accountant?

Key responsibilities include: maintain complete and accurate books of accounts; manage accounts receivable and collections follow-up; manage accounts payable and supplier payments; complete bank, vendor and customer reconciliations; prepare and file indirect and direct tax returns on time.

What skills does an Accountant need?

Technical skills: Accounting software such as Tally, Zoho Books or QuickBooks, Tax compliance, Reconciliations, Excel, Financial reporting. Soft skills: Accuracy, Integrity, Organisation, Deadline discipline, Clear communication.

Who does an Accountant report to?

An Accountant typically reports to the Finance Manager, Owner or General Manager.

What qualifications are required to become an Accountant?

B.Com, M.Com or equivalent; CA Inter or similar is a plus, with 1-5 years in accounting.

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