Accounting & Compliance Associate

Role Description

Accounting & Compliance:

• Maintain daily accounting entries in Tally ERP, including journals, ledgers, and bank/cash transactions.
• Finalize books of accounts and support monthly, and year-end closings.
• Assist in TDS deduction, deposit, and return filing (26Q, 24Q, etc.) in compliance with statutory timelines.
• Assist in preparation of Income Tax Returns for the companies.
• Assist in monthly/quarterly GST compliance.
• Assist in statutory and internal audits, including preparation of audit schedules and coordination with auditors.
• Maintain organized documentation of all accounting, payroll, and tax-related records.
  

Accounts Payable (AP)

• Process vendor invoices, verify supporting documents, and ensure timely payments.
• Monitor outstanding payables, prepare aging reports, and reconcile vendor accounts.
• Coordinate with vendors for payment queries, TDS certificates, and balance confirmations.
  

Accounts Receivable (AR)

• Generate and issue sales invoices in line with client agreements and statutory requirements.
• Reconcile customer accounts.
  

Payroll Management

• Process monthly payroll, including computation of salaries, TDS, PF, ESI, and other statutory deductions.
• Prepare and issue Form 16 and ensure compliance with payroll-related tax filings.
• Process reimbursement & adjustment of employee advance.
  

Other Responsibilities

• Assist in periodic financial and management reporting as needed
• Assist in analyzing year-over-year fluctuations or variances between actual and budget as needed.
• Support other finance, compliance, or administrative functions as needed.
  

Skill Requirements

PRIMARY SKILLS (MUST HAVE SKILLS) :

• Minimum 3 years of hands-on experience in accounting, taxation, and AP/AR processes.
• Proficiency in Tally ERP, Microsoft Excel, and MS Office.
• Sound understanding of TDS, Income Tax, and Payroll statutory compliances.
• Familiarity with vendor/customer reconciliations and invoicing workflows.
• Strong attention to detail with excellent organizational and communication skills.
  

SECONDARY SKILLS: (GOOD TO HAVE)

• Experience with audit preparations and statutory filings.
• Ability to work independently and manage priorities under tight deadlines.
• Exposure to ROC and STPI compliance is an added advantage.
  

Qualifications And Education Requirements