Senior Accountant

Job Description:

• GST Compliance:

  • Ensure compliance with all aspects of GST law, including registration, returns, and filings.
  • Oversee the preparation and filing of GST returns (GSTR-1, GSTR-3B, GSTR-9, etc.).
  • Perform reconciliation of GST accounts, including input tax credit (ITC) and output tax liabilities.
  • Monitor and advise on the latest GST amendments and their impact on business operations.
  • Assist with GST audits and assessments by preparing required documentation and responding to queries from tax authorities.

• TDS (Tax Deducted at Source) Management:

  • Ensure timely and accurate deduction, deposit, and filing of TDS returns (TDS Returns - 24Q, 26Q, 27Q).
  • Review TDS payments and ensure timely remittance of TDS to the government.
  • Provide expert advice on TDS-related queries and ensure compliance with relevant provisions under the Income Tax Act.
  • Manage TDS certificate issuance (Form 16/16A) to employees and vendors.
  • Handle TDS audits and resolve discrepancies with authorities.

• TCS (Tax Collected at Source) Compliance:

  • Ensure accurate calculation, collection, and remittance of TCS as per applicable provisions.
  • Oversee the preparation and filing of TCS returns (Form 27EQ).
  • Advise business units on TCS applicability and exceptions under various scenarios.
  • Manage TCS certificates and resolve disputes with tax authorities.

• General Accounting & Reporting:

  • Prepare monthly, quarterly, and annual financial statements in compliance with accounting standards and tax laws.
  • Collaborate with auditors for year-end audits and assist with required financial documentation.
  • Maintain and update accounting records, ensuring accuracy and completeness.
  • Oversee the preparation of internal financial reports and dashboards for management review.

• Tax Planning & Strategy:

  • Advise on tax-efficient strategies for business transactions and structuring to minimize tax liabilities.
  • Provide guidance on inter-company transactions and transfer pricing in relation to GST, TDS, and TCS.
  • Stay updated with changes in tax laws and regulations and proactively recommend adjustments to business practices.

• Team Collaboration & Training:

  • Lead and mentor junior accounting staff and provide training on GST, TDS, and TCS compliance.
  • Collaborate with cross-functional teams such as procurement, sales, and legal to ensure compliance across all departments.

Required Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field (Master's preferred).
• Minimum [V] years of experience in accounting, with a focus on GST, TDS, and TCS compliance.
• In-depth knowledge of GST Law, Income Tax Act (TDS/TCS), and associated regulations.
• Hands-on experience with accounting software and ERP systems (e.g., Tally, SAP, Oracle, etc.).
• Strong proficiency in MS Excel for financial data analysis and reporting.

Skills and Competencies:

• Expertise in GST compliance and TDS/TCS management.
• Strong understanding of Indian tax laws and regulatory frameworks.
• Excellent attention to detail and accuracy in financial reporting.
• Strong problem-solving and analytical skills.
• Effective communication and interpersonal skills to liaise with tax authorities, internal teams, and external stakeholders.
• Ability to manage multiple tasks and deadlines efficiently.