Job Description
VK TANEJA & ASSOCIATES is a trusted consulting firm based in Delhi, specializing in professional services in the fields of audit, tax, and GST. Known for its analytical and systematic approach, the firm is committed to delivering high-quality financial and compliance solutions. With a client-focused ethos, VK TANEJA & ASSOCIATES is dedicated to maintaining excellence and integrity in all its operations, creating a strong foundation for client success.
Role Description
We are seeking a Finance Associate for a full-time, on-site role at our South Delhi office. The incumbent will work closely with the senior team on a cross-functional mandate spanning accounts preparation, statutory compliance, and direct and indirect taxation. This role is ideally suited to a CA Intermediate-qualified professional or Graduate who is keen to develop a robust, practice-oriented understanding of Indian tax laws, financial reporting, and client advisory work.
Eligibility
Semi-Qualified CA / Graduate with Experience of similar nature of 0-2 Years or a similar qualification
Key Responsibility Area
A. Accounts & Financial Reporting
▸ Preparation and maintenance of books of accounts using Tally Prime, including ledger management, journal entries, bank reconciliation, and month-end closings.
▸ Assistance in preparation of financial statements — Trial Balance, Profit & Loss Account, Balance Sheet — in accordance with applicable accounting standards (Ind AS / IGAAP as applicable).
▸ Conducting voucher verification, expense scrutiny, and supporting statutory audit / internal audit engagements.
▸ Preparation of MIS reports, cash flow statements, and client-specific financial summaries on a periodic basis.
▸ Reconciliation of accounts payable / receivable, vendor statements, and inter-company ledgers.
▸ Monthly issue of the Invoicing for Clients based on Contracts
B. Income Tax Compliance & Advisory
▸ Computation of total income and tax liability for individuals, HUFs, partnership firms, LLPs, and companies under the Income Tax Act, 1961.
▸ Preparation and timely filing of Income Tax Returns (ITR-1 through ITR-6 as applicable) on the Income Tax portal.
▸ Assistance in preparation and filing of Tax Audit Reports — Form 3CA/3CB and Form 3CD — under Section 44AB.
▸ Working knowledge of advance tax computation and payment schedules; assistance in self-assessment tax calculations.
▸ Support in handling income tax notices, preparation of written submissions and rectification applications under Sections 143(1), 143(3), 147, and 154.
▸ Research and documentation of tax positions, exemptions, deductions (Chapter VI-A), and capital gains computations.
C. GST Compliance & Advisory
▸ Preparation and filing of monthly / quarterly GST returns — GSTR-1, GSTR-3B, GSTR-9, and GSTR-9C — within prescribed due dates.
▸ Reconciliation of GSTR-2B with purchase register and identification of ITC discrepancies; follow-up with vendors for rectification.
▸ Review of Input Tax Credit (ITC) eligibility under Sections 16 to 17 of the CGST Act, 2017, including applicability of Section 17(5) restrictions.
▸ Applicability analysis of Reverse Charge Mechanism (RCM) under Section 9(3) and 9(4) of the CGST Act and corresponding notifications.
▸ Assistance in GST registration, amendments, and cancellation procedures; drafting responses to GST notices and SCNs.
▸ Tracking of GST amendments, circulars, and notifications issued by CBIC; updating compliance checklists accordingly.
D. TDS / TCS Compliance
▸ Determination of TDS applicability, correct section, rate, and threshold for payments to residents and non-residents (including DTAA analysis for non-resident payments).
▸ Monthly computation of TDS liability and timely challan payments; preparation and filing of quarterly TDS returns — Form 24Q, 26Q, and 27Q.
▸ Issuance and reconciliation of TDS certificates (Form 16 / Form 16A) and resolution of 26AS / AIS mismatch queries.
▸ Assistance in filing TDS correction statements (NSDL / TRACES portal) and responding to TDS-related default notices.
E. Statutory & Regulatory Compliance Support
▸ Support in PF, ESI, and professional tax computation and payment; maintenance of payroll registers for clients.
▸ Assistance with ROC compliance, including maintenance of statutory registers, preparation of Board Resolutions, and filing of annual returns (Form MGT-7, AOC-4) under the Companies Act, 2013 (where applicable).
• ▸ Maintaining a compliance calendar and ensuring adherence to all statutory deadlines across multiple clients.
Role Description
We are seeking a Finance Associate for a full-time, on-site role at our South Delhi office. The incumbent will work closely with the senior team on a cross-functional mandate spanning accounts preparation, statutory compliance, and direct and indirect taxation. This role is ideally suited to a CA Intermediate-qualified professional or Graduate who is keen to develop a robust, practice-oriented understanding of Indian tax laws, financial reporting, and client advisory work.
Eligibility
Semi-Qualified CA / Graduate with Experience of similar nature of 0-2 Years or a similar qualification
Key Responsibility Area
A. Accounts & Financial Reporting
▸ Preparation and maintenance of books of accounts using Tally Prime, including ledger management, journal entries, bank reconciliation, and month-end closings.
▸ Assistance in preparation of financial statements — Trial Balance, Profit & Loss Account, Balance Sheet — in accordance with applicable accounting standards (Ind AS / IGAAP as applicable).
▸ Conducting voucher verification, expense scrutiny, and supporting statutory audit / internal audit engagements.
▸ Preparation of MIS reports, cash flow statements, and client-specific financial summaries on a periodic basis.
▸ Reconciliation of accounts payable / receivable, vendor statements, and inter-company ledgers.
▸ Monthly issue of the Invoicing for Clients based on Contracts
B. Income Tax Compliance & Advisory
▸ Computation of total income and tax liability for individuals, HUFs, partnership firms, LLPs, and companies under the Income Tax Act, 1961.
▸ Preparation and timely filing of Income Tax Returns (ITR-1 through ITR-6 as applicable) on the Income Tax portal.
▸ Assistance in preparation and filing of Tax Audit Reports — Form 3CA/3CB and Form 3CD — under Section 44AB.
▸ Working knowledge of advance tax computation and payment schedules; assistance in self-assessment tax calculations.
▸ Support in handling income tax notices, preparation of written submissions and rectification applications under Sections 143(1), 143(3), 147, and 154.
▸ Research and documentation of tax positions, exemptions, deductions (Chapter VI-A), and capital gains computations.
C. GST Compliance & Advisory
▸ Preparation and filing of monthly / quarterly GST returns — GSTR-1, GSTR-3B, GSTR-9, and GSTR-9C — within prescribed due dates.
▸ Reconciliation of GSTR-2B with purchase register and identification of ITC discrepancies; follow-up with vendors for rectification.
▸ Review of Input Tax Credit (ITC) eligibility under Sections 16 to 17 of the CGST Act, 2017, including applicability of Section 17(5) restrictions.
▸ Applicability analysis of Reverse Charge Mechanism (RCM) under Section 9(3) and 9(4) of the CGST Act and corresponding notifications.
▸ Assistance in GST registration, amendments, and cancellation procedures; drafting responses to GST notices and SCNs.
▸ Tracking of GST amendments, circulars, and notifications issued by CBIC; updating compliance checklists accordingly.
D. TDS / TCS Compliance
▸ Determination of TDS applicability, correct section, rate, and threshold for payments to residents and non-residents (including DTAA analysis for non-resident payments).
▸ Monthly computation of TDS liability and timely challan payments; preparation and filing of quarterly TDS returns — Form 24Q, 26Q, and 27Q.
▸ Issuance and reconciliation of TDS certificates (Form 16 / Form 16A) and resolution of 26AS / AIS mismatch queries.
▸ Assistance in filing TDS correction statements (NSDL / TRACES portal) and responding to TDS-related default notices.
E. Statutory & Regulatory Compliance Support
▸ Support in PF, ESI, and professional tax computation and payment; maintenance of payroll registers for clients.
▸ Assistance with ROC compliance, including maintenance of statutory registers, preparation of Board Resolutions, and filing of annual returns (Form MGT-7, AOC-4) under the Companies Act, 2013 (where applicable).
• ▸ Maintaining a compliance calendar and ensuring adherence to all statutory deadlines across multiple clients.
💡 Quick Summary
Seeking a career-building opportunity? The Finance Associate position is now open for candidates interested in the Finance sector. This role in New Delhi 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 Finance is a plus.
