What is the salary of an Accountant at Balmer Lawrie & Company?

The average annual salary for Finance & Accounting professionals at Balmer Lawrie & Company Limited is INR 11.7 lakhs.

The average annual salary for Finance & Accounting professionals at Balmer Lawrie & Company Limited is INR 10.2 lakhs. 

The role of an Accountant at Balmer Lawrie & Company Limited involves handling crucial financial responsibilities. 

1. Financial Record Keeping:
   • Accountants maintain accurate financial records, including ledgers, journals, and financial statements.
   • They record transactions, reconcile accounts, and ensure compliance with accounting standards.
2. Budgeting and Forecasting:
   • Accountants participate in budget preparation and financial forecasting.
   • They analyze historical data to estimate future financial needs and allocate resources effectively.
3. Financial Reporting:
   • Accountants prepare financial reports, such as balance sheets, income statements, and cash flow statements.
   • They present these reports to management, auditors, and regulatory authorities.
4. Tax Compliance:
   • Accountants ensure compliance with tax laws and regulations.
   • They calculate taxes, file returns, and handle tax-related queries.
5. Audit Support:
   • During audits, accountants provide necessary documentation and explanations.
   • They collaborate with external auditors to verify financial information.
6. Internal Controls:
   • Accountants implement internal controls to prevent fraud, errors, and misstatements.
   • They monitor financial processes and recommend improvements.
7. Cost Analysis:
   • Accountants analyze costs associated with production, operations, and projects.
   • They assist in cost reduction strategies.
8. Financial Decision Support:
   • Accountants provide financial insights to management for informed decision-making.
   • They evaluate investment proposals, assess risks, and analyze financial data.

Some general insights based on available information:

1. Incubation Support for Start-ups:
   • Balmer Lawrie supports selected applicants or start-ups by providing incubation support. This includes infrastructure, mentoring, knowledge resources, customer connections, and investor connections. The duration of this support typically ranges from 1 to 3 years.
2. Diverse Work Environment:
   • Balmer Lawrie is known for its diversity and presence in various verticals. It operates with transparency, ethics, and a winning spirit. Employees benefit from good support from seniors and a positive work-life balance.