CA - Finance & Accounts | Gurgaon | Retail Brand

About Our Client

The organisation is a well-established player in the retail and fashion/apparel industry, operating as part of a large organisation with a global presence. They are known for their commitment to delivering quality products and maintaining high standards in their business operations

Job Description

1. Accounting Operations & Financial Reporting

Prepare monthly MIS and analyze data to identify trends, variances and improvement opportunities
Prepare financial statements incl. balance sheet, income statements and cash flow statements and notes to accounts
Prepare inventory reconciliation, AP reconciliation and expense reconciliation
Prepare budget, forecast & financial projections

2. Tax Compliance

Prepare GST tax returns (GSTR-1, GSTR-3B, GSTR-9 & 9C), ensure compliance with tax laws and regulations
Prepare and deposit TDS data with reconciliation of return and replies for tax matters related to GST and Income Tax etc.

3. TDS Monthly Preparation of Data

Extract TDS Ledger from Balance Sheet and Cross check TDS amount with expense report and calculate threshold under section 194 Q and 197 regarding the TDS Lower deduction certificates
Pass reversal entries regarding bills for which TDS was earlier deducted on Advance
Finalize data with consultant and deposit TDS on time

4. Quarterly TDS Return Filing

Prepare TDS sheet for filing of quarterly TDS Return with the requisite information- challan details, Vendor details, expense amount details
Club quarterly TDS data with challans and Finalize data for quarterly filing
Download and circulate Form 16 A to respective PIC
Reconcile books v/s TDS Return with consultant

5. Section 194 R

Use data prepared by AR team (COGS to marketing) and prepare data with the help of mails received each month
Prepare data for Store pickup and track the goods send on return basis and approval from each department
Entry in the system regarding section 194 R TDS entries

6. TDS Data for Statutory and Tax Audit Purpose

Prepare TDS reconciliation books v/s return and balances coming in balance sheet
Prepare sheet for statutory dues payable as per the audit entries
Prepare data for section 34A, 34B, 34C as required to report in Tax Audit report

7. TCS Monthly, Quarterly Compliance
Get declaration from customer to check TCS applicability and prepare sheet accordingly
Extract AR Ageing of preceding month and AR Register of current month
Extract payment transactions of current month to prepare details of customer wise monthly payments
Prepare final sheet for liability based on above data
Prepare Quarterly Data to file TCS return and work with consultant to finalize and file it

8. Audits

Prepare data for statutory audit: financials, notes to accounts and accounting policies notes
Prepare tax audit clauses working like 34A and 44 etc
Prepare income tax return of the company with complete tax computation
Tax Audit incl. preparation and filing of tax audit report
Documentation for direct tax assessment and coordinate with consultant
Monthly closure of books of accounts with the cost & profits variance analysis
Income Tax/Transfer Pricing Assessments cases

The Successful Applicant

Qualified CA with 4-6 years of post qualification experience

-- Please do not apply to this job if your current or expected CTC exceeds 20 LPA

-- Please do not apply to this job if you have not completed your CA qualification

-- Please do not apply to this job if you do not have experience in Financial Reporting, Taxation and Controllership in a retail organisation