In India, an accountant's role is heavily shaped by the specific regulatory landscape, including GST compliance, TDS (Tax Deducted at Source), and the Companies Act.
For a company looking to maintain a process-driven financial system, the candidate needs to be proficient in both traditional bookkeeping and modern ERP software.
Job Title: Accountant / Senior Accountant
Role Objective
The Accountant will be responsible for managing the day-to-day financial operations, ensuring statutory compliance, and maintaining accurate books of accounts. The goal is to provide the management with timely financial insights while ensuring 100% adherence to Indian tax laws and accounting standards.
Key Roles & Responsibilities
1. Statutory Compliance (GST & Taxation)
GST Management: Preparation and filing of monthly GSTR-1 and GSTR-3B. Regular reconciliation of GSTR-2A/2B with purchase registers to maximize Input Tax Credit (ITC).
TDS/TCS Compliance: Timely deduction of TDS on payments (contractors, professionals, rent, etc.), deposit of challans, and quarterly filing of TDS returns (Form 24Q, 26Q).
Income Tax: Assisting in the preparation of data for Income Tax returns and Tax Audits.
2. Financial Accounting & Bookkeeping
Voucher Entry: Accurate recording of sales, purchases, receipts, payments, and journal vouchers in the accounting software.
Banking: Performing monthly Bank Reconciliation Statements (BRS) and managing online fund transfers/NEFT/RTGS.
Payables & Receivables: Managing the "Ageing Report" to ensure timely collection from debtors and scheduled payments to vendors.
3. Reporting & Auditing
Finalization: Assisting in the finalization of Balance Sheets and Profit & Loss accounts at the end of the financial year.
Audit Support: Coordinating with Statutory Auditors and providing necessary documentation for internal and external audits.
MIS Reporting: Preparing monthly Management Information System (MIS) reports, including cash flow statements and budget vs. actual variance analysis.
Candidate Requirements
FeatureRequirementEducationB.Com / M.Com / Inter-CA / Inter-ICWA.Experience3–7 years of experience in an Indian corporate or manufacturing environment.Software SkillsTally Prime (Expert), MS Excel (Advanced), and ERP experience (SAP/Oracle/Zoho Books).KnowledgeStrong understanding of AS (Accounting Standards) and Ind-AS.