Assistant Manager - Accounts & Taxation (Fintech)

Summary:

We are seeking a detail-oriented and experienced Assistant Manager - Accounts Taxation to manage the organizations accounting and taxation functions. The candidate will be responsible for maintaining books of accounts, ensuring compliance with statutory requirements, and coordinating with tax consultants for TDS and GST filings. The role requires strong analytical skills, knowledge of taxation laws, and proficiency in accounting software.

Key Responsibilities:

1. Direct Tax Compliance:

• Monthly computation and accounting of tax liabilities.
• Updating books of accounts with tax-related entries.
• Preparing and reconciling TDS data before sharing it with tax consultants.
• Reviewing TDS default reports and ensuring corrections through revised returns.
• Coordinating with tax consultants for timely filing of TDS returns (24Q, 26Q, 27Q).
• Ensuring timely issuance of TDS/TCS certificates.
• Preparing 26AS reconciliation for various entities before filing IT returns.

2. Indirect Tax Compliance (GST):

• Monthly computation of GST liability.
• Updating books with GST-related transactions and reconciliations.
• Ensuring Input Tax Credit (ITC) reconciliation with books and GSTR-2A/2B.
• Coordinating with vendors and accountants for ITC mismatches and corrections.
• Preparing and sharing GST data with consultants for timely filing of GSTR-3B GSTR-1.
• Assisting in the preparation of data for the Annual GST Return and Audit.
• Coordinating with consultants for GST registration/amendments when required.

3. Accounts Finance:

• Maintaining and updating books of accounts in Zoho.
• Handling general ledger activities, ensuring timely closing of books.
• Ensuring strict compliance with month-end, quarter-end, and year-end book closures.
• Performing bank reconciliations and accounts receivable/payable reconciliations.
• Ensuring compliance with Accounting Standards and Companies Act regulations.
• Assisting in the preparation of financial statements (Balance Sheet, PL, Cash Flow).
• Monitoring supplier advances, outstanding balances, and aging analysis.
• Reviewing invoices and ensuring timely payments, including statutory payments like PF, PT, and other labor compliances.
• Assisting in internal and statutory audits by preparing and providing required data.
• Preparing the monthly MIS report after book closure, ensuring accurate consolidation of financial and operational data and analysis of variances.
• Verifying payroll data, including checking investment declarations and proof before processing payroll. Ensuring all statutory deductions and compliance requirements are met accurately.

4. Payroll:

• Verifying payroll calculations for accuracy and compliance with company policies.
• Reviewing investment declarations, proofs, and tax calculations to ensure correctness and compliance.
• Handling tax payments such as Income Tax, PT, PF, and other statutory deductions.
• Sharing salary data with consultants for TDS return filing and ensuring timely Form 16 generation.

Key Performance Indicators (KPIs):

• Timely and accurate reconciliation of tax data before sharing with consultants.
• 100% statutory compliance (GST, TDS, PT, etc.).
• Efficient coordination with consultants for tax return filings.
• Accurate and timely book closure and financial reporting.
• Effective reconciliation of receivables, payables, and bank accounts.
• Compliance with audit requirements and timely resolution of queries.
• Proactive identification and resolution of tax-related and account issues.

Qualifications Skills:

• Bachelors/Masters degree in Commerce, Accounting, Finance, or a related field; Inter CA preferred (but not mandatory).
• 7+ years of experience in accounts, taxation, and compliance.
• Experience in NBFCs, banks, financial services, or insurance companies will be an advantage.
• Strong knowledge of GST, TDS, Income Tax, and accounting principles.
• Hands-on experience with Zoho will be an advantage.
• Excellent analytical, problem-solving, and organizational skills.
• Ability to work independently and manage a team effectively.