Accountant

We are looking for an experienced Senior Accountant to manage the end-to-end accounting and financial operations of our Insurance Broking business. The ideal candidate should have strong expertise in GST, TDS, Tally ERP, statutory compliance, reconciliations, financial reporting, and taxation.

The candidate will be responsible for maintaining accurate financial records, ensuring statutory compliance, managing receivables and payables, supporting audits, and coordinating with internal departments, insurance partners, and external consultants.

Key Responsibilities

Accounting & Financial Management

• Maintain day-to-day accounting transactions in Tally ERP.

• Prepare and maintain books of accounts, journals, ledgers, vouchers, and cash books.

• Handle Accounts Payable (AP) and Accounts Receivable (AR).

• Perform bank, vendor, customer, and ledger reconciliations.

• Manage month-end and year-end closing activities.

• Prepare financial statements, trial balance, balance sheet, and profit & loss accounts.

• Ensure accurate accounting of insurance commissions, brokerage income, and business expenses.

GST & Taxation

• Prepare and file GST Returns (GSTR-1, GSTR-3B, GSTR-9).

• Perform GST reconciliation and ensure compliance with GST regulations.

• Handle TDS calculations, deductions, return filing, and reconciliation.

• Ensure timely payment of statutory dues and compliance with Income Tax regulations.

• Coordinate with Chartered Accountants for tax assessments and notices.

Insurance Broking Accounting

• Record and reconcile insurance premium collections and insurer payments.

• Maintain commission and brokerage accounting records.

• Reconcile insurer statements, client accounts, and commission receivables.

• Coordinate with insurance companies for payment reconciliation and outstanding balances.

• Maintain accurate records of policy-related financial transactions.

Reconciliation & Financial Controls

• Perform daily and monthly bank reconciliations.

• Verify vendor invoices and payment approvals.

• Monitor receivables, payables, and ageing reports.

• Ensure proper internal controls and financial accuracy.

• Identify discrepancies and resolve accounting issues promptly.

Audit & Compliance

• Support statutory, internal, GST, and tax audits.

• Maintain accounting records and supporting documentation.

• Ensure compliance with company policies and applicable financial regulations.

• Assist in preparing audit schedules and management reports.

MIS & Reporting

• Prepare daily, weekly, and monthly MIS reports.

• Generate financial reports for management decision-making.

• Monitor cash flow, expenses, profitability, and working capital.

• Assist in budgeting and financial planning activities.

Required Skills

• Strong knowledge of GST, TDS, Income Tax, and Accounting Standards

• Hands-on experience in Tally ERP

• Excellent knowledge of Bank Reconciliation and Ledger Scrutiny

• Accounts Payable & Accounts Receivable

• Financial Reporting & MIS

• Vendor & Customer Reconciliation

• Statutory Compliance

• Audit Coordination

• Advanced Microsoft Excel

• Strong analytical and problem-solving skills

• Good communication and interpersonal skills

• It is a Full Time Accountant job for candidates with 1 - 5 years of experience.