Audit and Taxation Associate

Role & responsibilities

Income Tax

I. Preparation and filing of Income Tax Returns (ITR) for individuals, firms, companies, and trusts

II. Computation of taxable income and tax liability as per the Income Tax Act

III. Handling TDS compliance: deduction, deposit, and filing of quarterly TDS returns

IV. Assisting in tax planning and advising on exemptions, deductions, and rebates

V. Representation before Income Tax authorities for assessments, appeals, and inquiries

VI. Preparation of tax audit reports under Section 44AB and other applicable provisions

TDS

I. Monthly TDS Liability working and payments

II. TDS Return filling

III. TDS Return Corrections

IV. Downloading of TDS certificates from TRACES

V. Form 15CA and 15CB preparation

VI. Reconciliation of TDS Returns with Books of Accounts

VII. Representation before Tax Authorities, Submission of reply to notice on TRACES Portal

GST (Goods & Services Tax)

I. Preparation and filing of monthly/quarterly GST returns (GSTR-1, GSTR-3B, GSTR-9, etc.)

II. Reconciliation of GST input credit with books and GST portal

III. Advising on GST applicability, exemptions, and compliance requirements

IV. Handling GST registration, amendments, and cancellation processes

V. Assisting in GST audits and responding to notices from GST authorities

VI. Maintaining proper documentation for GST refunds, input tax credit, and compliance

Statutory Audit

I. Conducting statutory audits of companies, LLPs, and other entities as per Companies Act

II. Verification of financial statements to ensure compliance with accounting standards and legal requirements

III. Preparation of audit reports highlighting key findings, risks, and recommendations

IV. Ensuring compliance with corporate governance and regulatory frameworks

V. Liaising with management and statutory bodies during audit processes

Accounting

I. Maintaining books of accounts in compliance with applicable accounting standards

II. Preparation of financial statements including Balance Sheet, Profit & Loss Account, and Cash Flow Statement

III. Managing accounts payable, accounts receivable, and bank reconciliations

IV. Ensuring accuracy in journal entries, ledgers, and trial balance

V. Assisting in budgeting, forecasting, and financial analysis

VI. Coordinating with auditors, tax consultants, and regulatory authorities

Additional Skills & Responsibilities

I. Strong knowledge of Income Tax Act, GST laws, Companies Act, and Accounting Standards

II. Proficiency in accounting software (Tally, ERP, SAP, or similar)

III. Ability to handle compliance deadlines and statutory filings

IV. Good communication skills for client interaction and representation before authorities

V. Analytical mindset for problem-solving and financial decision-making

Preferred candidate profile

CA Inter, Semi qualified CA, CA Drop Out, B Com / M Com with relevant experience.