Accountant

• Accounting and Financial Management
• Maintain accurate financial records for both the Private Limited company and the Trust as per Indian Accounting Standards (Ind AS).
• Reconcile accounts payable and receivable separately for both entities.
• Manage cash flow and working capital efficiently for the Private Limited company and the Trust.
• Handle monthly, quarterly, and annual financial closings for compliance with Indian tax laws.
• Ensure proper accounting of donations, grants, and government funding received by the Trust.
• Taxation and Compliance (India-Specific)
• File Income Tax Returns (ITR) for the Private Limited company, the Trust, and all board of directors in compliance with Indian Income Tax Act, 1961.
• GST Filing & Compliance.
• Manage GST registration and filing for the Private Limited company and the Trust (if applicable).
• Work on the GST portal and ensure timely payment of CGST, SGST, and IGST as per law.
• Reconcile GST input tax credit (ITC) and ensure proper claim submission.
• TDS (Tax Deducted at Source) Compliance.
• Ensure timely TDS deduction and deposit for employee salaries, contractor payments, and vendor transactions.
• File TDS returns (Form 24Q & 26Q) quarterly.
• Ensure compliance with tax exemptions under Section 12A & 80G of the Income Tax Act for the Trust, ensuring eligibility for donations and tax benefits.
• Financial Reporting and Audits
• Prepare and maintain financial statements (Balance Sheets, Profit & Loss Accounts, Income & Expenditure Statements) for both entities as per Indian accounting regulations.
• Share monthly, quarterly, and annual financial reports with management, CA team, and auditors.
• Coordinate with auditors for annual statutory audit, tax audit (as per Section 44AB for applicable businesses), and trust audits.
• Maintain records of donations and grants received by the Trust and ensure proper documentation for tax exemption claims.
• Banking and Reconciliation
• Record transactions in Tally or other accounting software and reconcile the company’s and Trust’s bank accounts.
• Manage separate bank accounts for the Trust, ensuring compliance with FCRA (Foreign Contribution Regulation Act, 2010) if foreign donations are received.
• Oversee loan repayments and interest calculations for any financing availed by the company or Trust.
• Payroll and Employee Management
• Prepare and process payroll for employees of both Private Limited company and the Trust (hospital & educational institutions).
• Ensure timely deposit of PF, ESI, and Professional Tax (PT) for employees as per Indian labor laws.
• Maintain records of staff reimbursements, leaves, and loans.
• Share monthly payroll data with management by the 5th of every month.
• Regulatory and Legal Compliance
• Ensure compliance with the Companies Act, 2013 for the Private Limited company, including MCA (Ministry of Corporate Affairs) filings.
• Handle RBI compliance for any foreign investments or funding received by the company or Trust.
• Monitor and comply with legal requirements under The Societies Registration Act, 1860 and The Indian Trusts Act, 1882 for the Trust’s operations.
• Ensure adherence to regulations governing hospital financials (National Medical Commission guidelines) and education financials (CBSE, AICTE, UGC norms as applicable).
• Investment and Financial Strategy
• Provide investment guidance and financial strategy for the Private Limited company and the Trust.
• Ensure fund utilization for hospital and educational institution operations aligns with government norms and donor agreements.
• Ensure secure financial data storage and regular database backups
• Assist in implementing ERP or financial management software for efficient accounting in hospitals and educational institutions.

Job Type: Full-time

Pay: ₹25,000.00 - ₹35,000.00 per month

Benefits:

• Cell phone reimbursement
• Health insurance
• Paid sick time

Schedule:

• Day shift

Supplemental Pay:

• Performance bonus

Work Location: In person