Tax Accounting Specialist
2 weeks ago
To perform tax accounting, timely payments of statutory liabilities, tax compliances, MIS activities, and assist the Manager Taxation on tasks assigned from time to time.
Responsibilities:- Direct Taxes: Determining & payment of GST, including reverse charge mechanism, filing of GST returns such as GSTR 1, GSTR- 3B, GSTR 9 & 9C, GSTR 10, application and cancellation of GST certificate & filing of refund, passing entries in Tally in respect of GST payment & set-off of inputs, reconciliation of Input Tax Credit with GSTR 2B, reconciliation of Sale Turnover as per books with GSTR 1 & GSTR 3B, coordinating with clients in respect of GST queries, coordinating with GST Auditor in respect of their GST queries, handling scrutiny work & replying to concern officers.
- TDS: Application of TAN, determining, deduction & payment of TDS on expenses, filing of TDS returns i.e. 24Q, 26Q & 27Q, passing entries in Tally in respect of TDS payment, requesting and downloading Form 16A at the end of each quarter, requesting and downloading correction data file and justification report for filing revised TDS returns, reconciliation of TDS returns with Tally, coordinating with Tax Auditor in respect of their queries.
- Income Tax Return & Advance Tax: Having good knowledge of Income Tax Return filing & provision of Income Tax Act, 1961, calculation of Advance Tax, reconciliation of TDS Receivable with 26AS, passing entries in Tally in respect of Income Tax Liabilities/Tax Payments/Advance Tax, coordinating with client for Income Tax documents for filing returns, coordinating with Tax Consultant in respect of their queries, handling scrutiny work & reply to concern officers.
- Professional Tax Return: Preparing working for PT Returns, determining, deduction & payment of PT, filing of PTRC return, passing entries in Tally in respect of Income PT.
Bachelors/Masters degree/CA Inter or equivalent, knowledge of accounting principles and practices, knowledge of accounts and taxation, previous experience of general accounting & taxation, proficiency in relevant accounting & tax software.
Job Knowledge, Skills & Experience:In-depth knowledge of Direct taxes (Income tax, TDS, Advance Tax etc.) & Indirect taxes (GST, PT Return etc.), advanced computer skills on MS Office, accounting software, and databases, good communication skills in English, assisting with year-end closings, preparing tax computations and returns, account reconciliations, assisting with preparation and coordination of the audit process, assisting with implementing and maintaining internal financial controls and procedures.
Key Relationships/Customers:Tax Manager, Accounts Manager, Internal Auditor, and Accounts & Finance team.
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