1. 📊 Financial Planning & Budgeting
Prepare annual budgets and forecasts
Monitor actual performance vs budget
Analyze variances and suggest corrective actions
Support strategic financial decisions
2. 📘 Accounting & Bookkeeping
Record daily financial transactions (sales, purchases, expenses)
Maintain general ledger and subsidiary ledgers
Ensure accuracy of financial records
Manage journal entries and reconciliations
3. 💰 Accounts Payable (AP)
Process vendor invoices
Verify and approve payments
Maintain supplier relationships
Ensure timely payments to avoid penalties
4. 💵 Accounts Receivable (AR)
Generate and send invoices to customers
Track incoming payments
Follow up on outstanding dues
Manage credit policies and customer limits
5. 🧾 Taxation & Compliance
Prepare and file tax returns (GST, income tax, etc.)
Ensure compliance with local laws and regulations
Handle audits and assessments
Maintain statutory records
6. 📑 Financial Reporting
Prepare financial statements:
Profit & Loss Statement
Balance Sheet
Cash Flow Statement
Ensure reports are accurate and timely
Provide insights to management
7. 🔍 Auditing & Internal Controls
Implement internal control systems
Assist with internal and external audits
Identify financial risks and fraud
Ensure transparency and accountability
8. 🏦 Cash & Treasury Management
Manage company cash flow
Monitor bank balances and transactions
Plan investments and funding needs
Optimize liquidity
9. 📈 Financial Analysis
Analyze financial data and trends
Evaluate business performance
Support cost control and profitability improvement
Prepare MIS reports
10. 🤝 Stakeholder Coordination
Work with management, auditors, banks, and regulators
Support decision-making with financial insights
Coordinate with other departments (HR, sales, operations)