Assistant Account Manager

Role & responsibilities

• Month-end activities and provisions
• Coordinate on the last day of the month for provisions, inventories, RGP/NRGP register, job work register, etc.
• Prepare and post provision workings and entries for EOU and Engineering.
• Prepaid expenses and insurance
• Track and book prepaid insurance and expenses on a monthly basis.
• Statutory liabilities and payroll-related accounting
• Prepare TDS payable working and share with consultant.
• Pass accounting entries for salary and wages.
• Ensure proper accounting and reconciliation of statutory payments, including:
• Provident Fund (PF)
• Professional Tax (PT)
• ESIC payment
• Labour Welfare Fund (LWF)
• NPS
• TDS on salary
• Fixed assets and depreciation
• Update Fixed Assets Register and fixed asset roll-forward for Head Office.
• Track and account for monthly depreciation entries.
• Ensure matching of FAR with Trial Balance and schedules.
• Bonus and employee-related provisions
• Compute monthly bonus provision and track payments.
• Handle EOU bonus for blue-collar, white-collar, and statutory bonus requirements.
• Prepare provision for leave encashment for blue-collar employees.
• Monitor and account for employees TDS liabilities.
• Routine accounting and compliance checks
• Scrutinize purchase and service bills, ledgers, and chart of accounts on a regular basis.
• Check TDS, GST, and other compliance aspects in day-to-day entries.
• Pass routine accounting entries and journal vouchers required for monthly, quarterly, and annual audits.
• Resolve queries and regularize transactions from taxation and accounting standards perspective.
• Maintain control over Chart of Accounts and Tally masters.
• Financial reporting & audit support
• Assist in preparation of draft financial statements.
• Prepare and provide data as per auditors’ information request list (IRL).
• Explain transactions and provide clarifications to auditors as required.
• Pass necessary audit entries and adjustments as per audit requirements.
• Match FAR, Trial Balance, receivable ageing, payable ageing with respective schedules.
• Prepare detailed working notes for audit and internal review.
• Assist the Controller with any additional financial reporting or analysis.
• TDS / TCS compliances
• Perform periodic ledger scrutiny from TDS/TCS perspective.
• Prepare data for TDS/TCS returns and share with consultants.
• Coordinate and support in filing of annual TDS/TCS returns.
• Assist in preparation and distribution of Form 16.
• Secretarial and cross-functional support
• Track secretarial work and provide data/support for two companies, as required by the Controller and Company Secretary.
• Provide various reports and data as required by the Controller from time to time.