CA - Accounts Payable | MNC Fashion Brand

Job Description

Excellent compensation and career growth Opportunity to work in an MNC Retail Brand Job Description Accounting Operations & Financial Reporting: Prepare monthly MIS and analyzing the data to identify trends, variances and improvement opportunities. Prepare financial statements, including balance sheet, income statements and cash flow statements and notes to accounts. Prepare inventory reconciliation, AP reconciliation and expense reconciliation. Prepare budget, forecast and financial projections. Tax Compliance: Prepare GST tax returns (GSTR-1, GSTR-3B, GSTR-9 & 9C), ensuring compliance with tax laws and regulations. Prepare and deposit TDS data with the reconciliation of return. Prepare replies for tax matters related to GST and Income Tax and others. TDS Monthly, Quarterly and Annual Compliance Monthly Preparation of Data Extract TDS Ledger from Balance Sheet and Cross check TDS amount with expense report and calculating threshold under section 194 Q and under section 197 regarding the TDS Lower deduction certificates. Passing reversal entries regarding bills for which TDS was earlier deducted on Advance. Finalization of data with the help of consultant and deposit TDS on time. TDS Return Filing (Quarterly) Prepare TDS sheet for filing of quarterly TDS Return with the requisite information like challan details, Vendor details, expense amount details. Club quarterly TDS data with challans Finalization of data for quarterly filing Download and circulate Form 16 A to the respective PIC. Reconciliation of books v/s TDS Return with consultant. Section 194 R Use the data prepared by AR team (COGS to marketing) and preparing the data with the help of mails received during the month. Prepare data for Store pickup and track the goods send on return basis and approval from the respective department. Entry in the system regarding section 194 R TDS entries. TDS Data for Statutory and Tax Audit Purpose Prepare TDS reconciliation books v/s return and balances coming in balance sheet. Prepare sheet for statutory dues payable as per the audit entries. Prepare data for section 34A, 34B, 34C as required to report in Tax Audit report. TCS Monthly, Quarterly Compliance Get declaration from the customer for checking TCS applicability Prepare TCS applicability sheet as per the declarations received from the customers. Extract AR Ageing of preceding month and AR Register of current month. Extract payment transactions of current month for preparing the details of customer wise monthly payments. Preparing of final sheet for liability based on above data. Preparing of Quarterly Data for filing of TCS return and follow up with the consultant for finalization and filing of the same. Audits: - Preparation of data for statutory audit like financials, notes to accounts and accounting policies notes. Preparation of tax audit clauses working like 34A and 44 etc. Preparation of income tax return of the company with complete tax computation. Tax Audit along with preparation and filing of tax audit report. Documentation for direct tax assessment and coordinating with consultants. Monthly closure of books of accounts with the variance analysis of cost and profits. Income Tax/ Transfer Pricing Assessments cases The Successful Applicant Qualified CA with 4-6 years of post qualification experience in Accounts Payable in a retail background-- Due to mandatory client requirements, MBA, CMA and Semi-Qualified CAs are not eligible for this opening What's on Offer INR 20 LPA (including 15% performance driven variable)This is an excellent opportunity for a motivated Chartered Accountant to make a meaningful impact. If you are excited about this role in Gurgaon, apply today to take the next step in your career!