Job Description for Accounts & Finance Executive:
GST Compliance – GST registration, Computation of GST Liability and Payment, Filling GST Monthly and Quarterly Returns, Checking the accuracy and correctness of the same and working with consultants for getting such compliances processed and approved on monthly basis.
VAT - Complying for VAT Scrutiny Assessment
Income Tax – Monthly tax compliances, Computation of TDS Liability, TDS returns (Original & Revised), Preparing Form 16A, Online Payments of all above taxes through Net Banking
Complying for Income Tax Scrutiny Assessment, Computation of Total Taxable Income and Advance Tax Liability, Filing of Income tax returns, Assisting and working on Tax Audits requirements, etc.
Accounts – Book keeping and Accounting up to finalization of Private Limited Companies
Monthly expense and provision analysis, Reconciliations
General Ledger Scrutiny, Preparing Income and Expenses Schedules for Internal and Statutory Audits, Resolving Queries of Internal and Statutory Auditors
Handling the AP, AR, Cash flow statement.
Performing daily matching of GL and Bank transactions, Preparation of Bank Reconciliation Statement on daily and monthly basis
Preparation of Financial Statements and Notes thereto as per Schedule III of the Companies Act, 2013
Computation of Depreciation as per Schedule II of the Companies Act, 2013
Calculation of Foreign Exchange Loss/ Gain and accounting for the same for international transactions
Preparation of Inward and Outward Remittance documents for Exports and Imports, following up CA for Form 15CA and Form 15CB, Checking the accuracy and correctness of the same and working with banks and consultants for getting such transactions processed and approved.
Documentation preparation and compilation for new company incorporation, fulfilling bank requirements etc.
Ensure Compliance with Companies Act, Income Tax Act and other various laws applicable
Financial Reporting & Analyst, Budget Report, Bank Reconciliations, Inter Company Reconciliations, Monthly MIS, Variance & KPI Analysis, Process improvement, Accounting in Tally ERP. Profit Trend Analysis and Ratio Analysis