Jr.Accountant

Job Description:

Job Summary

We are looking for a detail-oriented Junior Accountant with foundational knowledge in GST, TDS, and Balance Sheet preparation. The role will support the accounting team with day-to-day financial transactions, ensuring accuracy and compliance with tax and regulatory requirements. The ideal candidate should have a strong understanding of accounting principles and be eager to learn and grow within the finance department.

Key Responsibilities

1. General Accounting:

   • Manage daily accounting entries and transactions, ensuring accuracy in accounts payable, accounts receivable, and general ledger.
   • Assist in maintaining financial records in accordance with organizational standards.

2. GST Compliance:

   • Prepare and file monthly, quarterly, and annual GST returns as per statutory requirements.
   • Ensure timely reconciliation of GST input and output, addressing discrepancies as needed.
   • Stay updated on GST rules and regulations and ensure compliance.

3. TDS Management:

   • Calculate and deduct TDS on applicable transactions.
   • File TDS returns accurately and within the deadline.
   • Reconcile TDS payable and issue Form 16/16A to vendors and employees as required.

4. Balance Sheet Preparation:

   • Assist in preparing balance sheets, profit and loss statements, and other financial reports.
   • Support the senior accountant in maintaining accurate and up-to-date financial statements.
   • Ensure all financial transactions are recorded accurately to facilitate month-end and year-end closing.

5. Bank Reconciliation:

   • Perform monthly bank reconciliations to ensure cashbook and bank statements align.
   • Investigate and resolve discrepancies in a timely manner.

6. Support Audit Process:

   • Assist in preparing and organizing documentation for internal and external audits.
   • Support the senior accountant and finance manager in audit queries related to GST, TDS, and other financial matters.

7. Other Duties:

   • Provide general support to the finance department as needed.
   • Assist in the implementation of accounting policies and procedures.

Requirements

• Bachelor’s degree in Accounting, Finance, or related field.
• 1-2 years of relevant experience in accounting, with practical knowledge of GST, TDS, and Balance Sheet preparation.
• Proficiency in accounting software (e.g., Tally, QuickBooks) and MS Office, especially Excel.
• Basic understanding of Indian accounting standards and tax laws.
• Strong analytical skills, attention to detail, and organizational abilities.
• Good communication skills, with the ability to work collaboratively within a team.