Accounts Executive

Role & responsibilities

• GST Compliance & Filings: Calculating monthly output liability, determining eligible Input Tax Credit (ITC), filing GSTR-1, GSTR-3B, and annual returns (GSTR-9/9C), and resolving portal notices.
• GSTR-2B Reconciliation: Reconciling purchase registers against auto-drafted ITC reports (GSTR-2B/2A) to identify missing vendor invoices, prevent ITC leakage, and verify e-invoice QR codes.
• TDS Deduction & Returns: Applying correct TDS rates under Sections 194C, 194J, 194I, 194Q, and 206AB on vendor payouts, remitting challans by the 7th of each month, and filing quarterly returns (Form 24Q/26Q).
• Accounts Finalisation & Year-End Closing: Preparing Trial Balance, Profit & Loss statements, and Balance Sheets in accordance with statutory accounting standards.
• Ledger Scrutiny & Provisions: Reviewing all general ledgers, passing prepaid/accrued expense entries, recording depreciation schedules, and booking statutory provisions before audit cutoff.
• Bank & Vendor Reconciliations: Performing monthly Bank Reconciliation Statements (BRS), party-wise vendor ledger reconciliations, and obtaining annual Balance Confirmation certificates.
• Contract Review & Financial Terms: Reviewing commercial agreements, client contracts, and vendor SOWs to verify milestone billing schedules, payment terms, penalty clauses, and indemnity obligations.
• Billing & Accounts Receivable (AR): Generating GST-compliant tax invoices, tracking payment milestones against contract terms, monitoring aged debtor reports, and following up on collections.
• Audit Facilitation: Preparing Audit Schedules (Fixed Assets, statutory dues, debtor/creditor aging), extracting sample vouchers, and coordinating directly with statutory, tax, and internal auditors.
• Statutory Record Keeping & Documentation: Maintaining organized digital and physical repositories of stamped contracts, purchase orders, e-way bills, tax challans, and TDS certificates (Form 16/16A).