Accountant Jobs at TMI Solutions (Pvt) Ltd in Colombo, Western Province, Sri Lanka

Job Overview

Accountant

About the job

Financial Accounting

• Checking and authorizing payments for management approvals

• Authorizing Invoices and Quotations before sending to the customers

• Ensure Proper accounting records are passed to the system for each and every transactions

• Reviewing and sometimes performing GL reconciliations

• Passing / Authorizing monthly Journal Entries

• Ensure Bank Reconciliations are done on time and system period end is made on time

• Ensure management accounts are prepared on or before the 07th of succeeding month

Financial Reporting

• Ensure Monthly Financials are prepared as per the applicable Financial Reporting Standards (SLFRS/LKAS/IFRS/IAS)

• Prepare Ad-hoc financial reports to the management

• Maintain accurate schedules for Lease, Loans, Depreciation, Fixed Assets, Advances, Refundable deposits, Fixed Deposits, Vehicle maintenance expenses with Mileage records and Tax and other payables.

Management Accounting

• Preparing Import costings and fix selling prices discussing with the sales team and the management.

• Preparing Investment appraisals for projects that management intends to invest.

• Identifying major cost factors which has to be strategically planned to raise up the revenue.

• Preparing forecasts and budgets and update the management to make significant decisions.

Managerial Functions

• Monitoring of Internal Controls and recommend on the improvements to the management and assisting in the implementation of the same

• Assisting the management in major decision making by providing quantitative and qualitative information

• Making decisions independently within the limits given.

• Representing the organization for higher level Meetings with clients, Principals and Banking Institutions

Operational Functions

• Dealing with National Medical Regulatory Authority (NMRA), Tax Authority (IRD), Customs, Import Export Control Department, ETF/EPF Authority, Labour Department and the Banking Institutions

• Maintain good relationship with all the above.

• Obtain banking facilities with super negotiations

• Negotiate best rates for Fixed deposits

• Processing Payroll

Cash Management

• Prioritizing the payments for efficient management of funds

• Schedule quick meetings to get updates on recoveries

• Taking up the critical things to the management such as bad debts, Slow Moving Stocks etc.

Tax and other Regulatory Works

• Preparing and reviewing the VAT Schedules prior to uploading

• VAT Filing in RAMIS system

• Strategizing / Reviewing the Income tax calculations

• Remittance of CIT and VAT on time

• Preparation of EPF – C Form on a monthly basis

• Preparation of By-Annual ETF Returns

• Submission of Online Customs registrations, Import and Export Control registrations, National Medical Regulatory Authority (NMRA) registrations, Customer and Vendor registrations

Email your CVs to stephen@tmisolutions.lk

Apply Now!