Staff Accountant Job at Amazon June 2024।Easy Apply
Job Title : Staff Accountant
Salary : Rs 21,667 per month
Company : Amazon
Location : Bengaluru
Qualifications : Graduate
Experience : 0 – 4 Years
ABOUT AMAZON
Amazon is a global generation and e-trade large based via Jeff Bezos in 1994. Headquartered in Seattle, Washington, Amazon began as a web bookstall and swiftly assorted into diverse product categories, which include electronics, garb, and cloud computing offerings through Amazon Web Services (AWS). The organisation’s assignment is to be “Earth’s maximum patron-centric business enterprise,” accomplished through relentless innovation and a focal point on long-time period increase.
Amazon’s enterprise model revolves round its sizeable online market, Prime membership application offering fast shipping and exceptional content material, and sturdy logistics community. Beyond retail, Amazon has ventured into synthetic intelligence with Alexa, streaming services with Amazon Prime Video, and sustainable initiatives. Despite controversies round exertions practices and marketplace dominance, Amazon continues to be a major player shaping the future of e-commerce, generation, and patron behavior globally.
Job Overview
A Staff Accountant generally handles essential accounting responsibilities inside a organisation, along with preparing monetary statements, reconciling accounts, and making sure compliance with monetary rules. They play a critical function in day-to-day economic operations, inclusive of recording transactions, coping with money owed payable and receivable,and helping with budgeting and forecasting. Attention to detail, skillability with accounting software, and a strong knowledge of Generally Accepted Accounting Principles (GAAP) are crucial.Staff Accountants regularly collaborate with different departments and auditors to make sure correct economic reporting and help manual strategic choices based on economic records evaluation.
Responsibilities of a Staff Accountant:
- Financial Reporting: Prepare and examine monetary statements in accordance with Generally Accepted Accounting Principles (GAAP). This includes stability sheets, income statements, and cash go with the flow statements to offer correct financial statistics to control and stakeholders.
- General Ledger Maintenance: Record and hold economic transactions within the popular ledger.This entails posting magazine entries, reconciling bills, and ensuring accuracy and completeness of financial information.
- Accounts Payable and Receivable: Manage accounts payable and accounts receivable tactics. This includes processing invoices, issuing payments, and reconciling vendor statements for debts payable. For debts receivable, responsibilities include issuing invoices, posting bills acquired, and following up on overdue debts.
- Budgeting and Forecasting: Assist inside the practise of budgets and financial forecasts. This includes reading economic information, identifying traits, and imparting insights to aid economic making plans and choice-making.
- Audit Support: Collaborate with auditors throughout economic audits to offer documentation and motives for economic transactions and account balances. Ensure compliance with audit requirements and deal with any audit findings.
- Financial Analysis: Conduct variance evaluation and different financial analyses to identify tendencies, risks, and opportunities. Provide suggestions to management based totally on monetary insights to aid strategic decision-making.
- Compliance and Controls: Ensure compliance with financial guidelines and internal controls.This includes staying updated on regulatory modifications, implementing control tactics, and keeping documentation for audit trails.
- Taxation: Assist with tax guidance and submitting approaches. This may also involve calculating tax liabilities, making ready tax returns, and presenting help for the duration of tax audits.
- Financial Systems and Software: Utilize accounting software program and financial systems to record transactions, generate reviews, and maintain monetary statistics as it should be. Proficiency in software program such as QuickBooks, SAP, or Oracle can be required relying on the organisation.
- Communication and Collaboration: Work closely with different departments, along with finance, operations, and management, to accumulate financial statistics, solve troubles, and assist organizational desires. Effective communication abilties are crucial for explaining financial concepts to non-monetary stakeholders.
Skills Required for a Staff Accountant:
Successful Staff Accountants own a aggregate of technical accounting information, analytical capabilities, and interpersonal talents. Here are key capabilities required for the function:
- Accounting Knowledge: Solid expertise of accounting standards (GAAP) and practices. Ability to apply accounting concepts to every day responsibilities along with magazine entries, reconciliations, and monetary reporting.
- Analytical Skills: Strong analytical abilities to interpret financial statistics, pick out tendencies, and behavior economic evaluation. Ability to use Excel or different tools for statistics analysis and reporting.(Staff Accountant)
- Communication Skills: Clear and powerful communication capabilities to bring economic records to stakeholders, both verbally and in writing. Ability to collaborate with colleagues throughout exceptional departments.
- Technical Proficiency: Familiarity with accounting software program and ERP structures (Enterprise Resource Planning). Proficiency in Microsoft Office Suite, especially Excel for financial evaluation and reporting.
- Teamwork and Collaboration: Ability to paintings successfully as a part of a crew, sharing facts, helping colleagues, and contributing to a tremendous paintings environment.
- Adaptability: Willingness to study new abilties and adapt to changes in accounting standards, era, or organizational tactics.
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