Accountant

Skills and Qualifications:

• Education: Bachelor&aposs degree in accounting, commerce, or finance.
• Experience: 2-3 years of experience in accounting, with exposure to GST, TDS, and corporate compliance.
• Software: Proficiency in accounting softwares like Zoho, Tally, etc and Microsoft Excel is a must.
• Knowledge: Expertise with Indian tax laws, GST, TDS, corporate filings, and payroll management.
• Communication: Strong coordination and communication skills to liaise effectively with the CA, vendors, and internal teams.

CORE RESPONSIBILITIES:

Book - keeping and Accounting:

• Maintain day-to-day financial records for both businesses, including income, expenses, payroll, and assets.
• Ensure that all financial transactions are accurately recorded in the accounting software (Zoho).
• Manage accounts payable and receivable, including vendor payments and client invoicing.
• Handle bank reconciliations and cash flow management.

GST Compliance:

• Prepare and file monthly/quarterly GST returns (GSTR-1, GSTR-3B).
• Reconcile GSTR-2A/2B with the accounting records.
• Handle input tax credit (ITC) calculations and adjustments.

Income Tax and TDS:

• Calculate and file TDS returns (Form 24Q, 26Q) and ensure timely payment of TDS.
• Assist in the preparation of annual income tax returns.
• Ensure compliance with TDS provisions on payments to vendors, freelancers, and employees.

Payroll and Employee Management:

• Process employee salaries, deductions, and benefits, ensuring compliance with labor laws (PF, ESI, etc.).
• Manage payroll taxes, TDS, and other statutory deductions.
• Issue Form 16 to employees and handle any related compliance work.

Coordination with Chartered Accountant (CA):

• Provide necessary financial data and documentation (balance sheets, P&L statements, etc.) to the CA for annual audits, filings, and compliance with corporate laws.
• Ensure all documentation is ready for tax audits, statutory audits, and any government scrutiny.
• Assist the CA in preparing monthly/quarterly reports for investors, directors, and other stakeholders.

Budgeting and Financial Planning:

• Assist in the creation of budgets
• Monitor and report on cash flow, variances from budgets, and financial forecasts.
• Provide inputs for financial planning, cost-saving measures, and resource optimization.

Compliance with Corporate Laws:

• Ensure adherence to ROC filing deadlines (e.g., annual returns, financial statements).
• Maintain statutory registers as required by the Companies Act, 2013.

MIS Reporting:

• Generate monthly, quarterly, and annual MIS reports to provide insights into financial health, profitability, and operational efficiency.
• Present financial data to the management for decision-making.

Vendor and Client Management:

• Manage vendor contracts, payments, and reconciliations.
• Ensure timely invoicing and follow-up with clients for payment collection.

Other Duties:

• Ensure compliance with all applicable financial regulations, including indirect taxes, labor laws, and corporate laws.
• Keep up-to-date with changing financial regulations and accounting standards (Ind AS).
• Handle any ad hoc financial tasks as required by management.

Location:

We are Bangalore based. This is an hybrid/onsite role only. This role will require you to come to office minimum 2-3 times a week.

Do no apply if:

• You are not based out of Bangalore
• If you are looking for a remote opportunity

Compensation:

25-30k per month depending on expertise and skills.

The Application Process:

Application(Submit the Tally form) ? Screening Call ? Assignment ? Final Round ? Appointment