Accountant

Job description

13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">Key Responsibilities:

1. Financial Record Keeping:
   

   • Maintain accurate and up-to-date accounting records, ensuring compliance with accounting standards and company policies.
     

   • Process accounts payable and receivable, ensuring timely payments and collections.
     

   • Reconcile bank statements and ensure all financial transactions are recorded correctly in the system (Tally ERP).
     

2. GST (Goods and Services Tax):
   

   • Prepare and file monthly, quarterly, and annual GST returns (GSTR-1, GSTR-3B, GSTR-9, etc.).
     

   • Ensure GST compliance for both sales and purchase transactions.
     

   • Maintain accurate records of GST paid and received, including reconciliation with accounts.
     

   • Assist with GST audits and ensure proper documentation is in place for audit purposes.
     

3. TDS (Tax Deducted at Source):
   

   • Calculate and deduct TDS from applicable payments (vendor payments, salary, etc.) as per income tax laws.
     

   • Ensure timely deposit of TDS with the government and file quarterly TDS returns (Form 24Q, Form 26Q, etc.).
     

   • Prepare TDS certificates (Form 16/16A) and provide them to employees and vendors.
     

   • Assist in resolving any TDS-related discrepancies and ensure timely compliance with TDS regulations.
     

4. Accounting Software (Tally ERP):
   

   • Manage all financial transactions, including sales, purchase, expenses, and payroll entries, using Tally ERP.
     

   • Generate financial reports such as Profit & Loss, Balance Sheet, and Trial Balance on a regular basis.
     

   • Ensure that all entries in Tally are accurate, complete, and in compliance with accounting principles.
     

   • Manage GST, TDS, and other statutory reports using Tally ERP.
     

5. General Accounting & Financial Reporting:
   

   • Assist in the preparation of monthly, quarterly, and annual financial statements and reports.
     

   • Perform general ledger reconciliation and ensure all discrepancies are addressed.
     

   • Prepare and maintain financial reports for management review, providing insights on cash flow, expenses, and profitability.
     

   • Monitor and manage fixed asset records and depreciation schedules.