Accounting Associate

Role: Accounting Associate

Location: Gurugram, Haryana

Working Schedule:45 hours per week

Working Model: Onsite

Job Summary:

Accounting Associate will provide accounting, payroll and taxation support to the reporting manager and will participate in day-to-day financial activities and transactions. They are often tasked with reviewing and analysing financial records, ensuring that they are accurate and complete.

Some of the things you'll doing:

Accounting

• Maintenance of books of accounts in Tally.
• Monthly closure of books of accounts & preparation of monthly reports.
• Review and posting employee reimbursement claims (expense sheet) in tally on daily basis as per organization policies.
• Vendor bill checking & assessing tax deductions and GST applicability on the same
• Preparation of vendor reconciliation
• Preparation of payment cycle (pay run) weekly, fortnightly, or monthly basis.
• Keeping a track of service/sale invoices in tally & excel
• Handle interaction with various external service providers like vendors, bankers, auditors etc.
• Resolving queries of employees and vendors.
• Vendor payments, customer invoicing including intercompany.
• Assisting in the creation of financial statements and budgets
• Assisting with payroll processing and relevant compliance such tax computations, EPF and ESIC compliances.

Taxation

• TDS return filing, GST filing, and Income tax filing
• GST Computation for monthly filing of GST.
• GST reconciliation with GSTR-2B.
• Computation of Corporate/Advance Taxes and filing of IT returns
• Preparing data for calculating monthly tax & E-Payment of TDS
• Submission of quarterly TDS Returns & filing correction statement if any
• Maintaining records and filing systems
• Carrying out additional duties as required
Generate monthly financial reports for management review

What are the skillsets you'll require:

• Should be familiar with the workings of GST, TDS.
• Preparation of financial statements.
• Payroll processing
• PF/PT/ESIC payments and returns
• TDS/GST payments and returns
• Working knowledge of basic accounting principles and practices
• Proficiency in MS Excel, Office and popular accounting software
• Excellent interpersonal and communication abilities
• Ability to work under pressure
• Bachelor's degree preferred in accounting, finance, or a related field
• Minimum 1+ years of experience in accounting, taxation and payroll.
• Should be familiar with programmes like Tally, Microsoft Office and payroll processing software