Job Description: Senior Accountant (ITR & Banking Lead)
Position Overview
We are seeking an experienced and detail-oriented Senior Accountant to lead our Income Tax Return (ITR) department and oversee daily banking operations. The ideal candidate will take full ownership of tax compliance—including end-to-end filing, managing tax notices, and coordinating with authorities—while maintaining strong banking relationships and ensuring smooth financial operations.
Key Responsibilities
1. Income Tax Return (ITR) Management
Tax Filing & Compliance: Prepare, review, and timely file ITRs for corporate entities, directors, and allied parties in accordance with current Indian tax laws.
Notice Management & Liaison: Review, draft, and respond to Income Tax notices, intimations, and queries (e.g., Section 142(1), 143(1), 148, 156). Represent or coordinate with tax consultants/officers for assessment proceedings.
Advance Tax & TDS/TCS: Calculate and ensure timely deposit of Advance Tax liabilities, monthly TDS/TCS, and quarterly TDS return filings (24Q, 26Q, 27Q).
Reconciliations: Regularly reconcile Form 26AS, AIS, and TIS with books of accounts to identify and rectify discrepancies.
2. Banking & Treasury Operations
Manage day-to-day banking relationships, account operations, and fund movements.
Prepare bank reconciliation statements (BRS) on a regular basis.
Handle bank documentation, credit facilities, bank guarantees, and documentation for loans or overdraft limits.
Oversee payment execution, vendor payments, and cash flow tracking.
3. Financial Accounting & Auditing
Ensure accuracy in general ledger accounting, trial balance maintenance, and month-end/year-end closing process.
Assist internal and statutory auditors by providing required schedules, working papers, and tax computations.
Requirements & Qualifications
Education:
Master’s Degree in Commerce (M.Com).
CA Intermediate / IPCC (Cleared) qualification is highly preferred.
Experience: 4 to 7 years of relevant experience in managing core direct tax filings, handling tax notices, and managing company banking.
Technical Skills:
In-depth knowledge of the Income Tax Act, 1961, tax portals, e-filing procedures, and assessment workflows.
Strong hands-on experience with accounting software (e.g., Tally Prime, Zoho Books, or ERPs) and MS Excel (VLOOKUP, Pivot Tables, functions).