Job description
Monthly closing:
Timely closure of books every month/ based on group calendar and accounting guidelines.
- Preparation of accruals
- Checking of Bank reconciliation statement
- Fixed Asset capitalization
- Depreciation accounting
- Revaluation of currency every quarter
GL scrutiny:
- Assistance in Monthly GL scrutiny
- Employee advance/Travel advance
- Payroll liabilities, Tax – GST, and TDS accounts, Tax receivable accounts
AP:
- Checking the payments
- Assistance in Monthly Vendor scrutiny and confirmation at the end of the year
Direct Tax:
- Checking the ETDS payments and returns
- Timely payment of TDS for domestic and foreign payments
- Assistance in Preparation for annual corporate tax return and filing of return
- Assistance in Transfer pricing audit and Transfer pricing compliances
- Assistance in Preparing advance tax computation
- Issuing form 16 A every qtr.
Indirect Tax
- Indirect Tax audits- GST/ VAT audit
- Preparing GST returns
- Preparing monthly GST computations and timely payment of GST
- Preparing monthly GST refund claim
- Assistance in Handling old VAT/ Service tax returns and refund claims
- Expensing out non allowed entries for GST Payments
- Ensure that team does Statutory payments within due dates -TDS, GST, ESI, PF, advance tax, Profession tax etc.
- Verifying employee reimbursements, F&F and other employee payments
Managerial Requirements:
- Good communication skills
- Should be able to lead and support the direct reportees.
- Prompt and proactive - Should be prompt and proactive on communication and coordination with internal/external stakeholders
- Good analytical skills with eye for detail