Senior Accountant

Responsibilities

• Manage operations of the assigned projects with of ~10 or more projects.
• Manage milestone deliveries client expectations.
• Ensure all accounting activities, tax compliance and internal audits comply with generally accepted accounting principles.
• Undertake periodic client place visits to review client operations site team training.

Requirements and skills:

• Proficiency in bank reconciliation, accounting principles and bookkeeping.
• Proficiency in managing accounts payable and receivable.
• Proficiency in accounting software/ERPs like Tally as well as MS Office.
• Working knowledge of GST, TDS and Income Tax.
• Proficiency in preparing MIS Financial statements and supervise and train junior team members to do the same.

Detailed Job Profile:

I. Billing AR Management:

• Attending meeting / phone calls in coordination with Project Leads for customer queries.
• Passing of all the accounting entries in the system.
• Sharing outstanding collection reports with the client.

II. Booking Accounts:

• Passing of all Payment/Purchase/Petty cash entries Bank reconciliation.
• Timely Vendors reconciliation.
• Day to day expense booking and monthly / quarterly provisioning.
• Timely investment reconciliation with fixed deposit statements.

III. Withholding Tax matters:

• Sharing of TDS data with team for timely challan preparation.
• Making sure that the challan is paid by manager on time i.e. before 7th of following month.
• Ensuring the filing of relevant returns within the due date.
• Reconciliation of TDS return with the relevant accounting software.
• Communicating notices/intimation from the Income-tax department to the internal tax team.

IV. Goods Service Tax:

• Responsible for providing relevant inputs/workings to enable timely filing of relevant returns.
• Making sure challan is paid by manager on time i.e. before 20th of following month.
• Passing of GST adjustment entries as per GSTR3b return.
• Follow up with site team in case the ITC of vendors is not reflecting in GSTR 2A.
• Reconciliation of GST return with the books maintained in the accounting software (GSTR1, GSTR2b, GSTR3b).
• Communicating Notices/intimation from the GST department to the internal tax team.

V. Income Tax:

• Getting Advance Tax paid as per the Computation of Income prepared by the internal tax team.
• Communicating Notices/intimation from Income-tax department to the internal tax team.

VI. Financial MIS:

• Tracking of budget expenses vs actual expenses.
• Monthly publication of MIS with the client.

VII. Other:

• Weekly virtual connect with the site team.
• Attend mandatory training scheduled/suggested by the reporting manager.

Interested candidates are requested to apply with their Resume / CV to PEMAIL_ADDRESS with the subject line Application for Senior Accountant Role - Mumbai (as the case may be). We will reach out to you at the earliest if your profile is shortlisted for the role for a virtual/in-person interview.