Assistant Manager

3 weeks ago


Bengaluru, India Recruitment Full time

Job Description:

Reviewing Accounting entries:

- Managing Accounts Payables - Reviewing Vendors' ledgers and ensuring timely payments and accounting of supplier invoices

- Managing Accounts Receivables - Reviewing Customers' ledgers for ensuring timely receipts from Customers and correct accounting of Sales, Receipts, and TDS Credits

- Verifying prepaid expenses' schedules and reviewing the monthly amortization entries accounted by the other team members.

- Maintaining Fixed Assets Register (FAR) - Updating FAR with the details of new assets purchased and assets disposed of during the year and passing depreciation entries and net profit/loss on disposal of assets, if any, in Accounting System.

- TDS compliance - Computing monthly TDS liability, ensuring timely TDS payments, and filing of the TDS Returns.

- Verifying Form 26AS and reconciling the TDS credit with the books

- GST compliance - Filing monthly GST Returns, reconciling GSTR-2B with the Books, accounting the Input / Output set off entries, and assisting the Manager in filing the Annual Returns - GSTR-9 & 9C.

- Payroll compliance - Ensuring timely payment and filing of PT, PF and ESI

- Preparing monthly MIS and other Ad-hoc Reports as per Management requirements.

- Preparing Monthly Stock Statements and CMA reports

- Preparing the Annual Financial Statements.

- Coordinating with the Auditors and attending the audit queries with the help of other team members.

- Cash Budget - Preparing monthly Cash budgets and doing variance analysis

- Management Accounting - Doing Cost-Benefit Analysis before accepting new projects, preparing periodic performance reports of running projects, and doing Variance analysis of completed projects.

Qualification:


- B.COM / M.COM / CA Inter / CMA Inter / MBA - Finance

- CA / CMA Qualified

Specific skills required:

- Working knowledge on Tally.ERP9 / Tally Prime

- Advanced Knowledge on MS Office Excel

- Capital Budgeting and Working Capital Management

- Ability to interact with multiple departments and ensure smooth financial operations

- Liaison with Bankers and other stakeholders

- Working knowledge on Customs, FEMA, and ROC compliance

- Good Communication and drafting Skills

- Knowledge or experience in Defense Industry is preferable

No. of years of Experience:

- B.COM (10 plus years)

- M.COM / CA Inter / CMA Inter / MBA - Finance (7 plus years)

- CA/CMA Qualified (Up to 2 years)

(ref:iimjobs.com)
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