Finance Audit

Primary Responsibilities :

• Transaction Vouching:

Verify recorded transactions by examining supporting documents to ensure accuracy, authenticity, and compliance with relevant policies and regulations. Test the transactions against the approved authorization matrix, ensure compliance with statutory requirements such as TDS deductions and eligibility for claiming GST credits.

• GST Compliance Review:

Reconcile filed returns with financial records, validating input tax credit claims, assessing reverse charge mechanism adherence, and confirming timely tax payments and return filings. Highlighting any discrepancies or issues for corrective action.

• TDS Compliance Review:

Reconcile filed returns with the TDS challans and analyse delayed payments. Perform deductor details verification, Unconsumed Challan Review, Outstanding Demand Assessment, Lower Deduction Certificate (LDC) Validation & Financial Statement Analysis. Also need to ensure adherence to regulatory updates & organizational approval requirements.

• Investment Verification:

Validate investment records by cross-referencing with Demat holding reports. Ensure that surplus funds are promptly and efficiently invested in accordance with the organization's investment policies and objectives. Investigate and document any instances where funds remain uninvested, providing detailed explanations and justifications for such exceptions.

• Ledger and Trial Balance Review:

Conduct thorough examinations of ledgers and trial balances across group entities, ensuring that financial accounting records are accurately recorded and reconcile with the data from other business systems.

• Process Improvement Recommendations:

Provide actionable suggestions to enhance existing processes, aiming to prevent the recurrence of identified issues. Collaborate in the preparation of comprehensive internal audit reports.

Secondary Responsibilities :

• Audit Support:

Assist the team in various audit-related tasks, contributing to the overall efficiency and effectiveness of the audit function.

Job Types: Full-time, Permanent

Pay: ₹21,000.00 - ₹25,000.00 per month

Benefits:

• Provident Fund

Schedule:

• Fixed shift

Supplemental Pay:

• Performance bonus

Application Question(s):

• What is your expected salary ?

Education:

• Master's (Preferred)

Experience:

• Audit: 2 years (Preferred)

Work Location: In person