Accountant

·         Accounting and Financial Management

·         Maintain accurate financial records for both the Private Limited company and the Trust as per Indian Accounting Standards (Ind AS).

·         Reconcile accounts payable and receivable separately for both entities.

·         Manage cash flow and working capital efficiently for the Private Limited company and the Trust.

·         Handle monthly, quarterly, and annual financial closings for compliance with Indian tax laws.

·         Ensure proper accounting of donations, grants, and government funding received by the Trust.

·         Taxation and Compliance (India-Specific)

·         File Income Tax Returns (ITR) for the Private Limited company, the Trust, and all board of directors in compliance with Indian Income Tax Act, 1961.

·         GST Filing & Compliance:

·         Manage GST registration and filing for the Private Limited company and the Trust (if applicable).

·         Work on the GST portal and ensure timely payment of CGST, SGST, and IGST as per law.

·         Reconcile GST input tax credit (ITC) and ensure proper claim submission.

·         TDS (Tax Deducted at Source) Compliance:

·         Ensure timely TDS deduction and deposit for employee salaries, contractor payments, and vendor transactions.

·         File TDS returns (Form 24Q & 26Q) quarterly.

·         Ensure compliance with tax exemptions under Section 12A & 80G of the Income Tax Act for the Trust, ensuring eligibility for donations and tax benefits.

·         Financial Reporting and Audits

·         Prepare and maintain financial statements (Balance Sheets, Profit & Loss Accounts, Income & Expenditure Statements) for both entities as per Indian accounting regulations.

·         Share monthly, quarterly, and annual financial reports with management, CA team, and auditors.

·         Coordinate with auditors for annual statutory audit, tax audit (as per Section 44AB for applicable businesses), and trust audits.

·         Maintain records of donations and grants received by the Trust and ensure proper documentation for tax exemption

claims.

·         Banking and Reconciliation

·         Record transactions in Tally, Zoho Books, or other accounting software and reconcile the company’s and Trust’s bank

accounts.

·         Manage separate bank accounts for the Trust, ensuring compliance with FCRA (Foreign Contribution Regulation Act, 2010) if foreign donations are received.

·         Oversee loan repayments and interest calculations for any financing availed by the company or Trust.

·         Payroll and Employee Management

·         Prepare and process payroll for employees of both Private Limited company and the Trust (hospital & educational institutions).

·         Ensure timely deposit of PF, ESI, and Professional Tax (PT) for employees as per Indian labor laws.

·         Maintain records of staff reimbursements, leaves, and loans.

·         Share monthly payroll data with management by the 5th of every month.

·         Regulatory and Legal Compliance

·         Ensure compliance with the Companies Act, 2013 for the Private Limited company, including MCA (Ministry of Corporate Affairs) filings.

·         Handle RBI compliance for any foreign investments or funding received by the company or Trust.

·         Monitor and comply with legal requirements under The Societies Registration Act, 1860 and The Indian Trusts Act,

1882 for the Trust’s operations.

·         Ensure adherence to regulations governing hospital financials (National Medical Commission guidelines) and education financials (CBSE, AICTE, UGC norms as applicable).

·         Investment and Financial Strategy

·         Provide investment guidance and financial strategy for the Private Limited company and the Trust.

·         Ensure fund utilization for hospital and educational institution operations aligns with government norms and donor agreements.

·         Monitor capital investments, mergers, and acquisitions for the Private Limited company.

·         Accounting System and IT Management

·         Implement modern accounting systems for streamlined financial management.

·         Ensure secure financial data storage and regular database backups.

·         Assist in implementing ERP or financial management software for efficient accounting in hospitals and educational institutions.

• It is a Full Time Accountant job for candidates with 2 - 6 years of experience.

More about this Accountant job

1. What is the eligibility criteria to apply for this Accountant job?
   Ans: The candidate should be Graduate and above and above with 2 - 6 years of experience of experience
2. How much salary can I expect for this job role?
   Ans: You can expect a salary of ₹18000 - ₹25000 per month that depends on your interview. It's a Full Time job in Lucknow.
3. How many working days are there for this Accountant job?
   Ans: This Accountant job will have 6 working days.
4. Are there any charges applicable while applying or joining this Accountant job?
   Ans: No, there is no fee applicable for applying this Accountant job and during the employment with the company, i.e., BM SOCIAL WELFARE TRUST.
5. Is it a work from home job?
   Ans: No, it’s not a work from home job and can't be done online.
6. How many openings are there for this Accountant role?
   Ans: There is an immediate opening of 1 Accountant at BM SOCIAL WELFARE TRUST
7. Who can apply for this job?
   Ans: Both Male and Female candidates can apply for this Accountant job.
8. What are the timings of this Accountant job?
   Ans: This Accountant job has 09:00 AM - 06:00 PM timing.