Accountant

Job Description

Job Title: Accountant / Accounts Executive / Junior Accountant / Senior Accountant (adjust based on required experience level) Department: Finance & Accounts Reports To: Finance Manager / Senior Accountant / Chartered Accountant / Director / Proprietor Location: Nagpur, Maharashtra, India (This is primarily an office-based role). Job Summary: We are seeking a diligent, detail-oriented, and experienced Accountant to manage the day-to-day financial operations of our company in Nagpur. The ideal candidate will be responsible for maintaining accurate financial records, ensuring compliance with statutory regulations (especially GST and TDS), processing financial transactions, and assisting in the preparation of various financial statements and reports. This role is crucial for maintaining the financial health, transparency, and integrity of our operations, and for providing reliable data to support informed business decisions. Key Responsibilities: Bookkeeping & Record Keeping: Record daily financial transactions meticulously in the accounting software (primarily TallyPrime / Tally ERP 9 ). Maintain ledgers, journals, and other accounting records for all financial activities, including sales, purchases, receipts, payments, and journal entries. Ensure proper classification of accounts, adherence to Indian Accounting Standards (Ind AS / AS), and generally accepted accounting principles. Accounts Payable (AP) & Accounts Receivable (AR) Management: Process vendor invoices, ensure timely and accurate payment processing, and reconcile vendor statements regularly. Manage accounts receivable, issue sales invoices/bills to clients, track outstanding payments, and actively follow up on collections. Perform periodic reconciliation of debtor and creditor balances. Bank & Cash Management: Conduct daily, weekly, and monthly bank reconciliations to ensure accuracy between bank statements and internal accounting records. Manage petty cash, record all cash transactions, and ensure proper reconciliation and imprest maintenance. Taxation & Statutory Compliance (GST & TDS Focus):Goods and Services Tax (GST): Prepare and accurately file monthly/quarterly GST returns (GSTR-1, GSTR-3B). Perform meticulous GSTR-2A/2B reconciliation with purchase ledgers to ensure accurate and maximum Input Tax Credit (ITC) claims. Ensure strict compliance with all GST laws, e-invoicing rules (if applicable), e-way bill generation, and record-keeping requirements. Tax Deducted at Source (TDS): Calculate and deduct TDS as per applicable sections (e.g., on rent, professional fees, commission, contractor payments). Prepare and file quarterly TDS returns (Form 24Q, 26Q, 27Q). Issue accurate TDS certificates (Form 16A) to deductees within stipulated timelines. Assist with other statutory compliances like Provident Fund (PF), Employees State Insurance (ESI), and professional tax (PT) calculations, remittances, and return filings. Payroll Processing (if applicable): Calculate employee salaries, wages, allowances, and statutory deductions (TDS, PF, ESI, PT). Generate accurate payslips and ensure timely disbursement of salaries. Financial Reporting & Audit Support: Assist in the accurate and timely preparation of monthly, quarterly, and annual financial statements, including Profit & Loss Accounts, Balance Sheets, and Cash Flow Statements. Support month-end and year-end closing activities, including finalization of accounts. Prepare audit schedules, provide necessary financial documentation, and offer explanations to internal and external auditors during statutory audits. Inventory Management (if applicable): Maintain and update inventory records, reconciling physical stock with book stock. Monitor stock movements, value inventory, and report any discrepancies or obsolete stock. General Administrative & Ad-hoc Duties: Maintain organized financial documents (physical and digital files) for easy retrieval and audit purposes. Assist the senior management or Chartered Accountant with financial analysis, data extraction, and special projects as required.