Junior Accountant

Job Title: Junior Accountant

Experience: 1-2 years

Location: Navi Mumbai

Salary: (As per industry standard and the experience)

Job Summary

Senior Accountant – Candidate will oversee financial management and strategy. Will drive financial growth, optimize costs.

Will be responsible for managing financial transactions, ensuring compliance with tax regulations (GST, TDS, etc.), and supporting the overall financial health of the company. This role requires a thorough understanding of accounting principles and the ability to work effectively with the finance team.

Job Description (Tasks to be performed during job role)

Financial Accounting and Reporting:

· Maintain accurate and up-to-date financial records. Key Responsibilities:

· Prepare and analyse financial statements, including balance sheets, income statements, and cash flow

· Statements.

· Ensure compliance with accounting standards and regulations.

GST (Goods and Services Tax):

· Prepare and file monthly, quarterly, and annual GST returns.

· Reconcile GST input tax credit and output tax liability.

· Stay updated with GST regulations and ensure compliance.

· Handle GST audits and assessments.

TDS (Tax Deducted at Source):

· Deduct TDS as per applicable rates and rules.

· Prepare and file TDS returns on time.

· Issue TDS certificates to vendors and employees.

· Reconcile TDS payments with books of accounts.

· Manage TDS-related queries and notices.

Tax Compliance and Planning:

· Prepare and file income tax returns for the company.

· Ensure timely payment of advance tax and self-assessment tax.

· Assist in tax planning and optimization strategies.

· Handle tax assessments, appeals, and inquiries.

Accounts Payable and Receivable:

· Manage accounts payable and receivable processes.

· Ensure timely payment to vendors and follow up on receivables.

· Reconcile vendor and customer accounts.

Budgeting and Forecasting:

· Assist in the preparation of budgets and financial forecasts.

· Monitor and report on variances between actual and budgeted figures.

Internal Controls and Audits:

· Implement and maintain internal controls to safeguard company assets.

· Coordinate with internal and external auditors for audit requirements.

· Address audit findings and recommendations.

Software and Technology:

· Utilize accounting software and ERP systems effectively.

· Ensure data integrity and accuracy in financial systems.

· Assist in the implementation and optimization of financial software.

Key Responsibilities:

· Analyze financial performance, identifying areas for improvement and providing actionable insights to senior management

· Manage financial reporting, compliance, and risk management

Oversee accounts receivable, accounts payable, and cash management, ensuring efficient working capital management

· Collaborate with cross-functional teams, including sales, marketing, and operations, to drive business growth and profitability

Qualifications and Skills required:

· Bachelor’s degree in Accounting, Finance, or a related field. Candidates applied for CA

· Proven experience as an Accountant or Senior accountant in the IT industry or a similar field.

· Strong knowledge of GST, TDS, and income tax regulations.

· Proficiency in accounting software and MS Office (especially Excel).

· Excellent analytical, problem-solving, and organizational skills.

· Strong attention to detail and accuracy.

· Ability to work independently and as part of a team.

· Effective communication and interpersonal skills.

Job Type: Full-time

Pay: ₹180,000.00 - ₹240,000.00 per year

Benefits:

Internet reimbursement
Leave encashment
Paid sick time
Provident Fund
Schedule:

Day shift
Monday to Friday
Weekend availability
Supplemental Pay:

Performance bonus
Yearly bonus
Application Question(s):

Do you have hands-on experience do you have in handling GST and TDS filings and compliance?
Do you have experience in using Tally?
Work Location: In person