Taxation Accountant

Job description
Job description

Job Title: Income Tax Executive

Experience: 2 years

Location: Ville Parle[East]

Job Description:
• Income Tax Compliance:
• Prepare and file income tax returns for individuals, businesses, and other entities in compliance with relevant tax laws and regulations.
• Assist clients in tax planning, deductions, exemptions, and credits to minimize tax liabilities.
• Stay updated on changes in income tax laws and regulations and ensure adherence to filing deadlines.
• GST Compliance:
• Manage GST registration, filing, and reconciliation processes for clients.
• Verify input and output tax credits, and reconcile GST returns with financial records.
• Provide guidance to clients on GST compliance requirements, including invoicing, returns filing, and record-keeping.
• Tax Advisory Services:
• Provide expert advice and recommendations to clients on income tax and GST matters, including tax planning strategies, implications of transactions, and compliance issues.
• Conduct tax research and analysis to address client inquiries and resolve tax-related challenges effectively.
• Client Communication and Relationship Management:
• Interact with clients to understand their tax-related needs, concerns, and objectives.
• Communicate tax planning strategies, compliance requirements, and outcomes in a clear and understandable manner.
• Build and maintain strong relationships with clients by delivering high-quality services and exceeding their expectations.
• Documentation and Record-Keeping:
• Maintain accurate and organized records of income tax and GST filings, correspondence, and client communications.
• Prepare documentation, reports, and presentations for internal and external purposes as needed.
• Ensure confidentiality and security of sensitive client information in accordance with professional standards and regulations.
• Continuous Learning and Professional Development:
• Stay abreast of developments in income tax and GST laws, regulations, and practices through ongoing education and training.
• Pursue professional certifications and memberships relevant to income tax and GST compliance and advisory services.

Requirements:
• Bachelor's degree in Accounting, Finance, or related field.
• 2 years of experience in income tax and GST compliance and advisory services, preferably in a CA firm or tax consultancy.
• Thorough knowledge of income tax laws, GST regulations, and related compliance requirements.
• Proficiency in tax preparation software, MS Excel, and other relevant tools.
• Strong analytical, problem-solving, and decision-making skills.
• Excellent communication and interpersonal skills, with the ability to effectively interact with clients and colleagues.
• Attention to detail, accuracy, and confidentiality in handling sensitive financial information.
• Ability to manage multiple tasks and deadlines in a fast-paced environment.

This job description outlines the responsibilities and qualifications expected for an Income Tax & GST Executive position with 2 years of experience in a CA firm. Candidates with a solid understanding of income tax and GST laws, along with experience in tax compliance and advisory services, would be suitable for this role.