Accounts Manager

Job description for Position: Manager - Accounts and Compliance

Requirements:

We are seeking an experienced Manager to oversee our Accounts and Compliance functions. The ideal candidate will have a comprehensive understanding of statutory acts and laws, be up-to-date with recent amendments, and be skilled in handling escalations and overall review processes. The position is based at our JP Nagar office.

Job Responsibilities:

Accounting Responsibilities:

Ensure accurate and systematic recording of accounting entries in accordance with accounting standards.

• Oversee the maintenance of records, including invoices, expense bills, receipts from payment gateways, FIRC, etc.
• Conduct thorough ledger scrutiny and finalize books of accounts.
• Maintain and review trackers such as Fixed Asset Register (FAR), prepaid expenses, and provisions.
• Ensure regular reconciliations for:
• Form 26AS,
• Payment gateway transactions for e-commerce service providers,
• GST inputs versus books,
• TDS payments versus books.
• Monitor and manage pending accounts receivable and payable.
• Oversee payments and banking systems.
• Review and finalize financial statements.
• Prepare financial statements and periodic Management Information Systems (MIS) reports.
• Prepare cash flow statements and budgets.

Statutory Compliance Knowledge:

• Ensure compliance with all statutory requirements, including:
• Tax deducted at source (TDS) computation and filing of e-TDS returns.
• GST returns (GSTR 1 and GSTR 3B).
• TCS on GST for e-commerce transactions.
• Provident Fund (PF) and Employee State Insurance (ESI).
• Advance taxes and income tax returns.
• Other labor laws compliance (Forms D, U, etc.).
• Stay updated with recent amendments to statutory acts and laws and implement necessary changes.
• Handle escalations related to statutory compliance.

Payroll Knowledge:

• Oversee the collection of income tax declarations and computation of TDS as per Section 192.
• Manage payroll processing using GreytHR, Zoho Payroll, or other software, ensuring compliance with statutory acts such as the Provident Fund Act, ESI Act, Shops and Establishment Act, and other labor laws.
• Ensure collection of investment proofs and generation of Form 16.
• Management and Interpersonal Skills:
• Lead and manage a team of 4-5 people.
• Provide guidance and support to team members on complex accounting and compliance issues.
• Communicate directly with clients and handle client escalations.
• Conduct overall review of accounting and compliance processes to ensure accuracy and efficiency.

Education and Skills:

• Graduate / MBA in Finance.
• Minimum 5 to 7 years of relevant experience.
• Comprehensive knowledge of statutory acts and laws.
• Ability to stay updated with recent amendments and implement changes.
• Strong leadership and team management skills.
• Excellent communication and client handling abilities.
• Male candidates preferred.
• Willingness to travel to client locations.
• Immediate joiners preferred.