Accountant

Company: Saraswat Engineers Private Limited
Department: Accounts & Finance
Location: Sector 114
Employment Type: Full-Time
Experience: 2–5 Years

Job Summary

We are looking for a responsible and detail-oriented Accountant to manage day-to-day accounting operations and statutory compliance of the company. The candidate should have practical knowledge of Indian taxation, GST, TDS, income tax, accounting standards, banking, and audit requirements.

The person will be responsible for maintaining accurate books of accounts, timely statutory filings, reconciliation, financial documentation, and coordination with auditors, consultants, banks, customers, and vendors.

Key Responsibilities

1. Accounting & Bookkeeping

• Maintain day-to-day accounting entries in BUSY accounting software.

• Record sales, purchases, expenses, receipts, payments, journal entries and other transactions.

• Maintain General Ledger, Cash Book, Bank Book, Purchase Register and Sales Register.

• Prepare and maintain accounts payable and accounts receivable.

• Ensure proper accounting and supporting documentation for all transactions.

• Perform regular ledger scrutiny and reconciliation.

• Prepare monthly and periodic financial reports as required by management.

2. GST Compliance

• Maintain GST-related records and ensure proper accounting of CGST, SGST and IGST.

• Prepare and file applicable GST returns, including GSTR-1 and GSTR-3B.

• Perform GSTR-2B reconciliation with purchase records and books of accounts.

• Verify input tax credit and identify mismatches or ineligible ITC.

• Ensure correct GST treatment of sales, purchases, expenses, advances, credit notes and debit notes.

• Handle GST e-invoicing and e-way bill requirements, wherever applicable.

• Assist in responding to GST notices, queries and departmental correspondence.

• Maintain proper GST documentation for audit and assessment purposes.

3. TDS & Income Tax

• Calculate and account for applicable TDS on payments to vendors, contractors, professionals, employees and other parties.

• Ensure timely deposit of TDS and filing of applicable TDS returns.

• Prepare and issue TDS certificates / Form 16 / Form 16A, as applicable.

• Reconcile TDS payable and TDS receivable with the relevant records.

• Assist in preparation of information and documents required for income-tax return filing, tax audit and assessment proceedings.

• Coordinate with the company's tax consultant/CA for income-tax compliance.

4. Banking & Reconciliation

• Maintain and reconcile all company bank accounts.

• Prepare Bank Reconciliation Statements (BRS) on a regular basis.

• Track receipts, payments, outstanding cheques and bank charges.

• Prepare payment instructions and supporting documents for management approval.

• Maintain proper records of banking transactions and loan/finance-related documents, where applicable.

5. Receivables & Payables

• Monitor customer outstanding balances and prepare ageing reports.

• Follow up with customers for pending payments, where required.

• Maintain vendor outstanding statements and verify vendor invoices before payment.

• Reconcile customer and vendor ledgers periodically.

• Coordinate with the sales and purchase teams regarding accounting discrepancies.

6. Payroll & Employee Compliance

• Assist in monthly payroll processing.

• Calculate salary deductions and applicable TDS on salaries.

• Maintain records relating to employee advances, reimbursements and deductions.

• Coordinate for PF, ESI, Professional Tax and other applicable payroll compliances, wherever applicable.

7. Audit & Statutory Compliance

• Prepare schedules, ledgers, reconciliations and supporting documents for statutory audit, tax audit and other audits.

• Coordinate with statutory auditors, tax consultants and company advisors.

• Provide required documents and explanations during audits.

• Maintain proper records for statutory and regulatory requirements.

• Assist management in responding to notices and queries from government departments.

8. Financial Controls & Documentation

• Ensure proper authorization and supporting documents for financial transactions.

• Maintain systematic physical and digital records of invoices, vouchers, challans, returns and other financial documents.

• Identify accounting discrepancies, unusual transactions and compliance issues and report them to management.

• Maintain confidentiality of company financial and tax information.

Required Knowledge

The candidate should have practical working knowledge of:

• BUSY Accouting software

• GST and GST returns

• GSTR-1, GSTR-3B and GSTR-2B reconciliation

• TDS and TDS returns

• Income Tax compliance

• E-invoicing and E-way bills

• Bank Reconciliation

• Accounts Receivable & Payable

• Payroll accounting

• Statutory audit and tax audit requirements

• MS Excel / Google Sheets

Qualifications

• B.Com / M.Com preferred.

• CA Inter / CA Articleship experience will be an advantage.

• Minimum 2–5 years of relevant experience in accounting and taxation.

• Experience in a Private Limited Company will be preferred.

• Candidates with experience in manufacturing, engineering, trading or industrial companies will be preferred.

Desired Skills

• Strong knowledge of Indian accounting and taxation procedures.

• Good command of Excel and Busy accounting software.

• Strong attention to detail and accuracy.

• Ability to independently manage routine accounting and statutory compliance.

• Good reconciliation and analytical skills.

• Ability to meet statutory filing deadlines.

• Good communication and coordination skills.

• High level of integrity and confidentiality.

Key Performance Areas

• Timely and accurate accounting entries.

• Timely GST and TDS compliance.

• Accurate GST input-credit reconciliation.

• Timely bank, customer and vendor reconciliations.

• Accurate receivables/payables reporting.

• Proper maintenance of statutory and financial records.

• Timely completion of audit requirements.

• Minimization of accounting errors and compliance issues.

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