Job Description for Chartered Accountant (CA) Post
Position Title: Chartered Accountant (CA)
Department: Banking Sector
Reports to: DIRECTOR
Job Overview:
We are seeking a knowledgeable and detail-oriented Finance / LC Specialist to join our Banking Department. The ideal candidate should have strong experience in handling Letter of Credit (LC) transactions, import/export documentation, and international trade payments. This role requires accuracy, compliance awareness, and the ability to coordinate with internal teams, customers, and financial institutions.
Key Responsibilities:
- Financial Reporting:
- Prepare and analyze financial statements, ensuring accuracy and compliance with accounting standards (e.g., IFRS, GAAP).
- Generate monthly, quarterly, and annual reports for senior management and stakeholders.
- Ensure proper documentation of financial transactions in accordance with company policy and statutory requirements.
Proper knowledge of LC payments and bank offials.
- Taxation:
- Prepare and file tax returns, including corporate income tax, GST and other relevant taxes.
- Advise management on tax planning and tax-saving strategies.
- Ensure compliance with tax laws and handle any correspondence with tax authorities.
- Audit & Compliance:
- Lead and manage internal and external audit processes, ensuring all financial data is accurate and compliant with applicable laws and standards.
- Coordinate with auditors during audits and implement corrective actions where necessary.
- Ensure compliance with financial regulations, including maintaining internal controls.
- Financial Analysis & Budgeting:
- Analyze financial performance and provide insights into variances and trends.
- Assist in the preparation of budgets and forecasts, ensuring the alignment with business goals.
- Recommend strategies for cost reduction, revenue enhancement, and process improvement.
- Cash Flow Management:
- Oversee cash flow management and ensure that sufficient working capital is available to meet operational needs.
- Monitor and manage the company’s liquidity and funding needs.
- Accounting Systems & Software:
- Ensure the proper implementation and maintenance of accounting systems and software.
- Work closely with IT to optimize financial systems and reporting processes.
- Risk Management:
- Identify and mitigate financial risks through effective controls and strategic planning.
- Provide recommendations on investment decisions and risk exposure.
- Advisory & Strategy:
- Provide strategic financial advice to the management team to support business growth and profitability.
- Assist in mergers, acquisitions, and other corporate finance activities as required.
Required Qualifications:
- Educational Qualifications:
- Chartered Accountant (CA) certification from a recognized professional body.
- A Bachelor’s degree in Accounting, Finance, or related field.
- Experience:
- 5 years of experience in a finance-related role, preferably in accounting, auditing, or taxation.
- Experience with accounting software (e.g., QuickBooks, SAP, Tally).
- Strong knowledge of international accounting standards (IFRS/GAAP).
- Experience with tax regulations and compliance.
- Skills & Competencies:
- Proficiency in accounting software and Microsoft Excel.
- Strong analytical and problem-solving skills.
- Excellent attention to detail and accuracy.
- Ability to work under pressure and meet deadlines.
- Strong communication and interpersonal skills.
- Ethical integrity and confidentiality.
- Preferred Skills (Optional):
- Advanced knowledge of tax laws and regulations.
- Experience in managing audits and liaising with auditors.
- Knowledge of international taxation and multi-country financial reporting.
Working Conditions:
- Location: AGGAR NAGAR, B- BLOCK, FEROZEPUR ROAD , LUDHIANA
- Work Schedule: Full-time
- Salary Range: 50K TO 70K
Job Types: Full-time, Permanent
Pay: ₹50,000.00 - ₹70,000.00 per month
Benefits:
- Cell phone reimbursement
- Paid time off
Education:
Experience:
- Accounting: 5 years (Preferred)
Work Location: In person