Charted Account Intern

Company Description WAM India is the Indian subsidiary of the Italian WAMGROUP, a global leader in equipment and plant components for bulk solids handling and processing. Established in 1996, WAM India manages distribution of WAMGROUP products across India, Sri Lanka, Bangladesh, and Nepal, and serves as the manufacturing hub for the subcontinent.

Role Description

This is a full-time, on-site Chartered Account Intern role based in Mumbai.

The intern will support the finance and accounting team in maintaining financial records, assisting with budgeting, and preparing basic reports and reconciliations.

Key Responsibilities

1. Receivable Accounting

• Maintain and monitor customer receivables and outstanding balances.
• Prepare customer-wise ageing reports and follow up for timely collections.
• Reconcile customer accounts and resolve accounting discrepancies.
• Collection report

2. Statutory Payments – Customs, GST & TDS

• Ensure timely processing and payment of statutory liabilities.
• Coordinate Customs, GST and TDS-related payments and documentation.
• Maintain proper records of statutory payments.
• Monitor applicable statutory due dates and ensure timely compliance.

3. Debtor-Related Legal Work

• Coordinate and maintain documentation related to debtor and legal matters.
• Coordinate with internal teams, management and legal professionals whenever required.
• Maintain proper records of legal correspondence and recovery-related matters.

4. Banking Activities

• Handle day-to-day banking transactions and related documentation.
• Prepare and process bank payments, fund transfers and other banking activities.
• Perform regular bank reconciliations and identify and resolve differences.
• Coordinate with banks for routine accounting and transaction-related requirements.
• Provision and Stock statement

5. GST Compliance

• Assist in GST-related accounting, reconciliation and compliance activities.

6. Monthly Payment Planning

• Prepare monthly payment plans based on outstanding liabilities and available funds.
• Prioritize vendor payments, statutory liabilities and other business-related payments.
• Coordinate with management for payment approvals.
• Ensure timely processing and execution of approved payments.

Required Skills & Qualifications

• Chartered Accountant
• Basic knowledge of GST, TDS, banking operations and receivable accounting .
• Good working knowledge of MS Excel and accounting software/ERP
• Strong reconciliation and analytical skills.
• Good communication, coordination and follow-up skills.
• Ability to manage multiple accounting activities and meet statutory deadlines.
• Prior experience in Accounts & Finance will be preferred.

Key Competencies

• Accounts Receivable & Reconciliation
• GST & TDS Compliance
• Banking Operations
• Statutory Payments
• Debtor Follow-up & Recovery Coordination
• Payment Planning
• MIS & Financial Reporting
• MS Excel & ERP
• Communication & Coordination
• Attention to Detail