Senior Accountant

As a Senior Accountant (Direct Tax/Income Tax) in the Accounts & Finance Department located in Churchgate, South Mumbai, with 5-10+ years of experience, your role will involve managing and overseeing direct tax-related activities. This includes Income Tax compliance, return filing, TDS calculation & filing, tax audits, reconciliations, and ensuring statutory compliance. Your strong analytical skills, updated knowledge of direct tax laws, and ability to efficiently manage multiple clients/books will be essential for this role. Key Responsibilities: - Income Tax - Preparation and computation of Income Tax for individuals, firms, companies, and other entities. - Review and verify tax calculations, documentation, and supporting papers. - Handling Income Tax notices, queries, and assessments. - Staying updated with the latest amendments in the Income Tax Act and related rules. - Income Tax Filing - Preparation and filing of Income Tax Returns (ITR) for all categories. - Coordination with clients/auditors for the collection of necessary data. - Ensuring timely and accurate submission of returns within statutory due dates. - Filing revised/rectification returns as required. - TDS (Tax Deducted at Source) - Preparation and filing of quarterly TDS returns (Form 24Q/26Q/27Q/27EQ). - Generating TDS certificates and ensuring timely issuance (Form 16/16A). - Handling TDS defaults, corrections, and coordinating with the TRACES portal. - Reconciliation - TDS reconciliation between books and Form 26AS/TRACES. - Income Tax reconciliation for advance tax, self-assessment tax, and challans. - Vendor and ledger reconciliation related to TDS deductions. - Ensuring accuracy in financial statements and tax records. - Compliance & Documentation - Maintaining proper documentation for all tax-related workings and filings. - Supporting the finance team during audits (Statutory, Internal, Tax Audit). - Preparation of reports, MIS, and compliance trackers. Required Skills: - Strong knowledge of Direct Tax, TDS, and ITR Filing. - Experience using tax portals: Income Tax Portal, TRACES, GST portal (basic). - Good command of accounting software (Tally/ERP). - Strong analytical and reconciliation skills. - Ability to manage deadlines and handle multiple assignments. Qualifications: - MCOM OR Any equivalent - Minimum 5-10+ years of experience in Direct Tax & Accounting. Please note that the work location for this full-time position is in person.,