What is the salary of a Finance & Accounting at Jyoti Structures?

At Jyoti Structures, people in Finance & Accounting jobs typically earn about ₹21 lakhs per year on average. But the exact amount can vary. Some earn as little as ₹15 lakhs, while others make as much as ₹50 lakhs per year.

The benefits at Jyoti Structures:

• Salary & Benefits: Employees have given Jyoti Structures a rating of 3.0 out of 5 for salary and benefits on AmbitionBox.
• Work Culture: The work culture is rated 3.3 out of 5, which affects overall employee satisfaction, including benefits.
• Finance & Accounting Department: Reviews specifically mentioning the Finance & Accounting department hint at available information regarding its compensation structure.
• Employee Reviews: There are 167 reviews from Jyoti Structures employees, offering insights into working conditions, including benefits.

The role of a Financial Accountant involves important tasks to manage financial data accurately and ensure precise reporting. Here's a breakdown of their main responsibilities:

1. Keeping Accurate Records:
   • Financial Accountants record daily financial transactions accurately, following rules like GAAP and IFRS. This includes data entry, bookkeeping, and handling financial transactions.
2. Preparing Financial Statements:
   • They create vital financial reports:
     • Balance Sheets: Showing a company's financial status at a specific time.
     • Income Statements: Displaying revenue, expenses, and profit over time.
     • Cash Flow Statements: Tracking cash coming in and going out. These reports help both the company and stakeholders understand finances.
3. Analyzing Financial Data:
   • Financial Accountants study these reports to aid decision-making. They analyze costs, compare actual performance with expectations, and predict future financial trends.
4. Managing Taxes:
   • They ensure the company follows tax rules by handling tax payments and reporting.
5. Conducting Internal Audits:
   • They arrange audits to review financial processes, controls, and compliance.
6. Spotting Errors:
   • Detecting and fixing mistakes in financial records is part of their job.
7. Closing Financial Records:
   • They handle the necessary steps to close financial records at the end of each month and year.