Shree Ram Textiles jobs - Senior Accountant

Responsibilities:

• Manage the accounting cycle for financial instruments, including stocks, bonds, options, and futures.
• Prepare journal entries to record investment transactions, including purchases, sales, dividends, interest payments, and margin activity.
• Reconcile brokerage statements and ensure the accuracy of investment valuations.
• Monitor and account for margin requirements and collateral related to derivative positions.
• Assist with the preparation of financial statements in accordance with accounting standards.
• Maintain detailed records of all investment activity for audit purposes.
• Stay up-to-date on relevant accounting pronouncements and regulations related to financial instruments.
• Collaborate with the investment team to ensure proper accounting treatment of complex financial transactions.
• May participate in the development and implementation of new accounting policies and procedures for financial instruments.
• Record and reconcile transactions related to stock trading, equity investments, and derivative instruments in accordance with accounting standards.
• Monitor changes in fair value and assess the impact on financial statements, including mark-to-market adjustments for trading securities and derivatives.
• Calculate and recognize investment income, dividends, interest, and other investment-related revenues and expenses.
• Collaborate with investment managers and brokers to ensure accurate and timely recording of investment transactions.

Overall, a Senior Accountant with expertise in stock trading, equity, and derivatives plays a critical role in ensuring accurate financial reporting, effective risk management, and regulatory compliance in the context of investment activities.