### Technical Knowledge

1. **Accounting Principles and Standards:**

  - Proficiency in Indian Generally Accepted Accounting Principles (GAAP).

  - Knowledge of International Financial Reporting Standards (IFRS).

2. **Financial Statements:**

  - Preparing, analyzing, and interpreting financial statements including balance sheets, income statements, and cash flow statements.

3. **Taxation:**

  - Comprehensive understanding of Indian tax laws including Goods and Services Tax (GST), Income Tax, and other relevant taxes.

  - Ability to handle tax planning, compliance, and filing of returns.

4. **Auditing:**

  - Familiarity with internal and external auditing processes.

  - Experience in preparing for audits and working with auditors.

5. **Regulatory Compliance:**

  - Understanding of the Companies Act, 2013 and other relevant regulations.

  - Ensuring compliance with financial reporting requirements and other statutory obligations.

6. **Accounting Software:**

  - Proficiency in popular accounting software used in India such as Tally, QuickBooks, Zoho Books, or SAP.

  - Knowledge of Microsoft Excel and other data analysis tools.

### Practical Skills

1. **Bookkeeping:**

  - Managing daily accounting tasks including recording transactions, maintaining ledgers, and reconciling accounts.

2. **Budgeting and Forecasting:**

  - Experience in preparing budgets and financial forecasts.

  - Ability to analyze variances and provide insights for financial planning.

3. **Cost Accounting:**

  - Knowledge of cost accounting methods and practices.

  - Ability to analyze and control costs within the organization.

4. **Accounts Payable and Receivable:**

  - Managing accounts payable and receivable processes.

  - Ensuring timely payments and collections.

5. **Payroll Management:**

  - Handling payroll processing, including statutory deductions and compliances.

6. **Vendor Management:**

- Handling all the vendor communication and coordinating with respective internal departments.

### Analytical and Problem-Solving Skills

1. **Financial Analysis:**

  - Conducting financial analysis to assess the financial health of the organization.

  - Providing insights and recommendations based on financial data.

2. **Problem-Solving:**

  - Identifying and resolving accounting discrepancies and issues.

  - Developing and implementing process improvements.

### Soft Skills

1. **Communication:**

  - Ability to communicate financial information clearly and effectively to non-financial stakeholders.

  - Good written and verbal communication skills.

2. **Attention to Detail:**

  - High level of accuracy and attention to detail in all accounting tasks.

3. **Time Management:**

  - Ability to manage multiple tasks and meet deadlines.

4. **Ethical Standards:**

  - Adherence to ethical standards and integrity in all accounting practices.

### Continuous Learning

1. **Professional Development:**

  - Keeping updated with the latest developments in accounting standards, tax laws, and technology.

  - Engaging in continuous professional development activities such as attending workshops, seminars, and obtaining relevant certifications.

### Industry-Specific Knowledge

The accountant also needs to have specialized knowledge related to manufacturing industry.