Job Description
Job Summary
The ideal candidate will oversee vendor invoice management, accounts payable forecasting, and vendor payment processing. They will also support financial book closure, ensure GST compliance and reporting, manage TDS and TCS, prepare regulatory filings, and lead foreign liabilities and assets reporting.
Key Responsibilities
• Vendor Invoice Management: Oversee the end-to-end process of vendor billing, ensuring accuracy, timely approvals, and compliance with internal policies.
• Accounts Payable Forecasting: Prepare and present AP estimates to FP&A for strategic financial planning and cash flow management.
• Vendor Payment Processing: Ensure seamless execution of vendor payments, optimizing payment cycles while maintaining strong vendor relationships.
• Month-End & Year-End Close: Support financial book closure, including journal entries, reconciliations, and reporting, ensuring accuracy and adherence to accounting standards.
• GST Compliance & Reporting: Manage GSTR-3B filings, ensuring timely submission and compliance with regulatory requirements.
• TDS Management: Ensure precise deduction, reporting, and filing of Tax Deducted at Source (TDS) to meet statutory obligations.
• TCS Compliance: Oversee Tax Collected at Source (TCS) compliance, ensuring timely filing and adherence to tax regulations.
• Regulatory Filings (DPT-3): Prepare and submit DPT-3 returns, ensuring compliance with deposit-related regulatory requirements.
• Foreign Liabilities & Assets (FLA) Reporting: Lead the annual FLA filing process, ensuring accurate disclosure of foreign assets and liabilities.
• ITES Compliance: Ensure seamless financial compliance for Information Technology Enabled Services (ITES), aligning with industry-specific regulatory requirements.
• MSME Compliance: Manage periodic filings and compliance reporting under the MSME Act.
• Procurement & Purchase Order Support: Assist in creating, reviewing, and streamlining the purchase order (PO) process for better financial controls.
• General Ledger Reconciliation: Conduct detailed GL reconciliations, ensuring financial integrity and resolution of discrepancies.
• GST Refund Processing: Manage GST refund applications, working closely with tax authorities and internal teams for accurate claims.
• TDS Certification (Form 16A): Oversee the issuance of Form 16A, ensuring timely distribution to vendors.
Requirements
• Education: Qualified CA Intermediate
• Experience: 5-7 years relevant experience
• Industry Preference: Manufacturing Industry
• Software Skills: Netsuite, Salesforce, General Ledger, and advanced knowledge of MS Excel
• Skills: Ability to work accurately and independently, good knowledge of GST, TDS, and Income Tax, and good knowledge of Indian GAAP, IndAS etc.
The ideal candidate will oversee vendor invoice management, accounts payable forecasting, and vendor payment processing. They will also support financial book closure, ensure GST compliance and reporting, manage TDS and TCS, prepare regulatory filings, and lead foreign liabilities and assets reporting.
Key Responsibilities
• Vendor Invoice Management: Oversee the end-to-end process of vendor billing, ensuring accuracy, timely approvals, and compliance with internal policies.
• Accounts Payable Forecasting: Prepare and present AP estimates to FP&A for strategic financial planning and cash flow management.
• Vendor Payment Processing: Ensure seamless execution of vendor payments, optimizing payment cycles while maintaining strong vendor relationships.
• Month-End & Year-End Close: Support financial book closure, including journal entries, reconciliations, and reporting, ensuring accuracy and adherence to accounting standards.
• GST Compliance & Reporting: Manage GSTR-3B filings, ensuring timely submission and compliance with regulatory requirements.
• TDS Management: Ensure precise deduction, reporting, and filing of Tax Deducted at Source (TDS) to meet statutory obligations.
• TCS Compliance: Oversee Tax Collected at Source (TCS) compliance, ensuring timely filing and adherence to tax regulations.
• Regulatory Filings (DPT-3): Prepare and submit DPT-3 returns, ensuring compliance with deposit-related regulatory requirements.
• Foreign Liabilities & Assets (FLA) Reporting: Lead the annual FLA filing process, ensuring accurate disclosure of foreign assets and liabilities.
• ITES Compliance: Ensure seamless financial compliance for Information Technology Enabled Services (ITES), aligning with industry-specific regulatory requirements.
• MSME Compliance: Manage periodic filings and compliance reporting under the MSME Act.
• Procurement & Purchase Order Support: Assist in creating, reviewing, and streamlining the purchase order (PO) process for better financial controls.
• General Ledger Reconciliation: Conduct detailed GL reconciliations, ensuring financial integrity and resolution of discrepancies.
• GST Refund Processing: Manage GST refund applications, working closely with tax authorities and internal teams for accurate claims.
• TDS Certification (Form 16A): Oversee the issuance of Form 16A, ensuring timely distribution to vendors.
Requirements
• Education: Qualified CA Intermediate
• Experience: 5-7 years relevant experience
• Industry Preference: Manufacturing Industry
• Software Skills: Netsuite, Salesforce, General Ledger, and advanced knowledge of MS Excel
• Skills: Ability to work accurately and independently, good knowledge of GST, TDS, and Income Tax, and good knowledge of Indian GAAP, IndAS etc.
💡 Quick Summary
Seeking a career-building opportunity? The Assistant - Financial Reporting position is now open for candidates interested in the Accountant Jobs sector. This role in Bangalore offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.