Accountant

Job Description:

We are looking for a skilled and detail-oriented Accountant with expertise in Tally, GST, TDS, and the preparation of Balance Sheets and Profit & Loss Accounts. The ideal candidate will be responsible for maintaining accurate financial records, ensuring compliance with tax regulations, and preparing financial statements for management and statutory reporting. 

Key Responsibilities:

• Accounting & Financial Reporting:

  • Prepare and maintain accurate and up-to-date financial records in Tally.
  • Prepare monthly, quarterly, and annual Balance Sheets and Profit & Loss Accounts.
  • Reconcile bank and cash accounts regularly and maintain proper documentation.

• GST Compliance:

  • Manage GST (Goods and Services Tax) calculations,  and ensure timely filing.
  • Reconcile input and output GST and ensure compliance with the latest tax laws and updates.
  • Ensure proper maintenance of GST-related records and documentation for audit purposes.

• TDS Compliance:

  • Calculate and deduct TDS (Tax Deducted at Source) as per applicable rates and regulations.
  • Prepare and file TDS returns (e.g., Form 24Q, Form 26Q) on time and ensure proper compliance.
  • Maintain TDS certificates and related records for easy retrieval during audits or assessments.

• Accounts Payable & Receivable:

  • Oversee and process vendor invoices, track payments, and maintain accounts payable records.
  • Manage accounts receivable and ensure timely collection of dues from customers.
  • Handle follow-up for overdue payments and manage the resolution of discrepancies.

• Taxation:

  • Assist in the preparation and filing of income tax returns and other statutory filings.
  • Ensure timely remittance of TDS and GST payments to the tax authorities.

• Financial Analysis & Reporting:

  • Prepare financial analysis reports for management review, including variance analysis and cash flow statements.
  • Monitor financial performance and provide recommendations for cost savings or process improvements.

• Ad-hoc Financial Support:

  • Provide support to the finance team in various ad-hoc accounting tasks and projects as needed.

Requirements:

• Experience:

  • Minimum 4 to 5 years of experience in accounting, with hands-on experience using Tally.
  • Strong knowledge and practical experience in GST (filing returns, reconciliation, etc.) and TDS (deduction, returns filing, etc.).
  • Experience in preparing Balance Sheets, Profit & Loss Accounts, and handling general accounting functions.

• Skills:

  • Expertise in Tally ERP and other accounting software.
  • Strong understanding of GST and TDS regulations and tax laws in India.
  • Knowledge of accounting principles, tax laws, and statutory compliance.
  • Proficient in MS Excel for financial analysis, reporting, and data management.
  • Ability to handle multiple tasks and meet deadlines.
  • Attention to detail and accuracy in financial record-keeping.

Preferred Qualifications:

• Knowledge of other accounting tools or software is a plus.
• Experience in income tax returns filing and other corporate taxation matters.
• Exposure to financial audits and internal controls.