Accountant

Job Summary:
We are looking for a Accounts Executive with hands-on experience in direct and indirect taxation, accounting, and finalization of books. The candidate will be responsible for e-TDS returns, income tax return filing, GST compliance, reconciliations, and year-end finalization of accounts.

Key Responsibilities:

1. e-TDS Return & Compliance

• Collect and verify PAN, TAN, deductee, and TDS-related details.
• Reconcile TDS deductions with books of accounts and challans.
• Verify and match challans through OLTAS/TRACES.
• Prepare, validate, and file quarterly e-TDS returns within prescribed due dates.
• Download and issue Form 16 and Form 16A.
• Identify and resolve TDS defaults, notices, and correction statements.

2. Income Tax Return (ITR) Filing

• Collect financial statements and relevant supporting documents for tax filings.
• Verify PAN, Aadhaar, AIS, TIS, and Form 26AS.
• Compute taxable income and applicable tax liabilities.
• Identify and claim eligible deductions and exemptions.
• Prepare and file applicable Income Tax Returns.
• Handle tax payments, refunds, notices, and related queries.
• Maintain proper records of tax filings, acknowledgments, and supporting documents.

3. GST Compliance

• Reconcile sales, purchases, and GST ledgers.
• Perform GSTR-2B reconciliation with purchase records and identify ITC differences.
• Calculate GST liability and eligible Input Tax Credit (ITC).
• Prepare and file GSTR-1, GSTR-3B, and annual GST returns, as applicable.
• Generate and manage e-way bills and e-invoices wherever required.
• Handle GST notices and departmental queries.
• Perform periodic GST reconciliations and ensure compliance with applicable regulations.

4. Finalisation of Books of Accounts

• Record, review, and verify accounting entries.
• Perform bank, cash, debtor, creditor, and statutory ledger reconciliations.
• Pass year-end adjustment entries including depreciation, provisions, accruals, and prepayments.
• Verify fixed asset and inventory records.
• Prepare and review Trial Balance.
• Finalize Profit & Loss Account and Balance Sheet.
• Prepare schedules, reconciliations, and supporting working papers for audit and tax compliance.

Required Skills:

• Strong knowledge of Direct Taxation, GST, TDS, and Accounting.
• Hands-on experience in e-TDS and ITR filing.
• Good understanding of GSTR-1, GSTR-3B, GSTR-2B and ITC reconciliation.
• Knowledge of TRACES, OLTAS, AIS, TIS, and Form 26AS.
• Experience in finalization of books of accounts.
• Good knowledge of accounting principles and statutory compliance.
• Strong reconciliation and analytical skills.
• Proficiency in MS Excel and accounting software such as Tally/ERP.