Internal Auditor

We are a Chartered Accountant Firm based at Ghatkopar (West), Mumbai providing services to the clients in the areas of Governance, Risk and Compliance (GRC), Corporate Finance, Management Accounting and Business Advisory Services. We are serving mainly large MSME Clients engaged in manufacturing / trading activities across varied industries ranging from steel, plastics, and têxtiles to exports. The firm is a member of international network called XLNC AG based out of Switzerland and has been serving international clients on inbound investments, taxation and FEMA matters since last 4 years.
- Undertake monthly vouching of the transactions in the areas of sales, purchase, debit notes, credit notes, expenses, bank, cash from the perspective of proper and appropriate financial reporting (external as well as internal) with specific emphasis on GST compliance.
- Carry out scrutiny of Debtors Ledger and Creditors ledgers and Nominal ledgers with the objectives of correct and complete accounting, appropriate disclosures, appropriate final account balances for reporting and MIS purposes.
- Draft monthly audit reports and MIS reports (e. g. bank interest) with audit findings and discuss the same with the Team Leader.
- Preparation of the TDS workings at required intervals for determining the liability to be discharged and ensure deposit of the same on or before the relevant due dates.
- Undertake filing of TDS returns on timely basis.
- Preparation of CSR workings, wherever applicable, cash flow statements and depreciation workings under The Companies Act, 2013 and Income Tax Act, 1961.
- Post completion of monthly vouching prepare GSTR - 3B workings and undertake reconciliation with GSTR - 2A.
- Undertake filing of GSTR - 3B returns on or before the relevant due dates.
- Prepare Annual Returns in Form - 9C and undertake reconciliation with books of account as at year end and undertake filing of the same on the GST portal.
- Calculate the advance tax payable on or before the payment of the relevant due dates of company, firm and individuals and prepare and share the advance tax challans, wherever required with the clients.
- Prepare of capital account and balance sheet, capital tax workings, if required of Individuals.
- Prepare computation of income of companies, firm, individuals and file IT returns on or before the relevant due dates.
- Maintain confidentiality of financial information and investment decisions of the client.
- Keep oneself updated on the amendments, notifications, circulars under various applicable acts and disseminate the information to the client and their accounting staff and other team members.
- Undertake continuous learning approach with respect to the Accounting Standards, Act and Laws applicable to the clients through training programs, attending seminars, making presentations, contributing articles in journals, network etc.
- Undertake comparative financial analysis, trend analysis for the year under audit with the previous years.
- Work out important ratios and undertake detailed ratio analysis as substantive analytical procedures and work out the deviations and ascertain the reasons and submit the same with necessary comments thereon.
- In case of new clients conduct thorough research of historical financial data and analyses financial data for proper understanding prior to commencement of the engagement.
- In case of new clients, review the accounting data and accounting systems adopted by the clients for having preliminary understanding for the purposes of audit work planning and subsequent execution.
- Conduct cost analysis for the year and benchmarking analysis of the client for the year under audit as compared to the peers.
- Coordinate with the Partner, Senior Team Members, Junior Team Members on engagement planning and execution especially during the finalization of the accounts at year end.
- Develop and maintain strong relationships with clients through ongoing communication and exceptional service.
- Handle the work independently and deliver the results in a time bound manner.
- Develop good communication skills and soft skills on ongoing basis and learn and master the software skills using relevant programs and advanced audit data tools and techniques.

**Technical Competencies -**
- Sound knowledge of Generally Accepted Accounting Principles (GAAP).
- Basic knowledge of Indian Accounting Standards (IAS).
- Basic knowledge of Income Tax Act, TDS Provisions, GST Act.
- Basic knowledge of filing monthly GST Returns, filing TDS returns and Income tax returns.
- Keep oneself updated on latest amendments on laws applicable for the work allotted.
- Working knowledge of Word, Excel, Power Point, Tally and Tax preparation software.
- Should have good communication skills - oral as well as written.
- Should have good Presentation skills.

**Behavioral Competencies -**
- Should be punctual.
- Willing to take initiatives & learn new things
- Time Management
- completing the work allott