Internal Auditor - MFG Company (Navi Mumbai)

Job and Responsibilities

• Auditing:
• • Carrying our Internal Audit and Preparation of Report thereon (MIS)
• • Preliminary Audit Verification of records following Auditing Procedures
• • Maintaining Audit Working Files and other audit papers.
• • Discussion with clients and assisting the seniors in the finalization of Audits.
• • Carrying out Tax Audits and preparation of reports thereon.
• Making sure each and every department is covered right from Logistics and so on.

Should Have Excellent knowledge on the below topics

• • Taxation:
• • Tax Planning in respect of Corporate& Non Corporate Entities, Group Companies.
• • Tax Planning in respect of employees pay structure
• • Finalisation of Companys Account (Pvt. Companies) and calculating tax liability.
• • Carrying out Tax Audit and preparation of reports thereon.
• • Calculation of Advance Tax Liability
• • Calculation and deduction of Tax at Source under various sections and filing of e-TDS Return with the Income Tax Department and issue of TDS certificates to respective parties.
• • Computation of Income and Tax Liability for all types of assessees and income.
• • E-Filing of Income Tax Returns and TDS returns
• • Income Tax- large tax payer unit meetings / reviews with CIT
• • Attending CIT Appeals along with preparation of documents / papers
• • preparing Tribunal papers / High Court papers discussion on Assessments / way out / documentation / submissions with Tax consultants

• • GST :
• • Preparation of Documents and carrying out formalities relating to Registration
• • Calculation of Set Off available and Tax Liability, preparation of Monthly, Quarterly and Annual Returns.
• • Preparation of Statements, Schedules and other supporting annexure required for Tax Assessment.
• • E-Filing of GST Returns.
• • Preparation of Audit Report & schedules for GST Audit under GST Act.
• • Compilation of GST Annual Return.
• • Review and Reconciliation of GST.

• • Sales Tax/ MVAT
• • Preparation of Documents and carrying out formalities relating to Registration
• • Calculation of Set Off available and Tax Liability, preparation of Monthly, Quarterly and Annual Returns.
• • Preparation of Statements, Schedules and other supporting annexure required for Tax Assessment.
• • E-Filing of MVAT Returns, Declarations under MVAT.
• • Preparation of Audit Report & schedules for MVAT Audit under MVAT Act.
• • Tax deduction under MVAT Works Contract & relevant compliance.

• • Service Tax :
• • Preparation of Documents and carrying our formalities relating to Registration
• • Calculation of Service Tax Liability with due consideration to Input Credit
• • Filing of Challan and Return thereof.

• • Excise :
• • Updating excise records RG1, RG23A Part-I, RG23A Part-II, RG23C Part-I, RG23C Part-II
• • Calculation of Excise Duty.
• • Filing of ER1, ER-6, ER-7, Form - V Return

• Export :

• • Timely Submission of Export Documents for Duty Drawback.
• • Preparation of Submission of BRC Documents Shipping Bill wise and FIRC Wise.
• • Submission and preparation of Import Documents BOE.
• • MEIS License and Export documentations
• • Self-Sealing of Export container
• • Export documents submission to bank.
• • Follow up with Bank for e- BRC
• • Negotiation of Freight of Air and Sea Shipment

• • Accountancy :
• • Ledger Scrutiny and ensuring proper day to day accounting
• • Liasoning with Clients for Finalization of Accounts and preparation of Financial Statements
• • Application of Accounting Standards and compliance with Statutory requirements
• • MIS, Budgeting and variances
• • Aging analysis of vendor outstanding and discussing with various departments for best possible solutions to the related issues/concerns.

• • Finance and Banking :
• • Liasoning with banks over day to day banking transactions
• • Monitoring over the facilities such as CC, OD, Current a/c
• • Preparation of CMA Report, Stock Statements, Provisionals.
• • Preparation of Project Reports for tying up Finance from Banks for clients belonging to various fields
• • Preparation of documents for foreign remittance 15CA 15CB
• • Liasoning with Banks for export remittances and import payments
• • Liasoning with RBI for clearance of Export, Import Documents and Foreign remittances.

• • Company Law Matters :
• • Compliance of Provisions of Companies Act, 2013, Rules and Amendments made thereof.
• • Preparation, filing of Various periodical Returns, Occasional Forms and Documents as required to be filed with the ROC
• • Carrying out all formalities in respect of Issue, Transfer of Share Certificates.
• • Carrying our all formalities in respect of formation of Pvt. Ltd. companies
• • CHG-1, CHG-3, DPT3 various compliances.
• • Liasoning with Mechant Bankers regarding IPO.

• • Liasoning :
• • Liasoning with various Government Departments Income Tax, GST, Sales Tax, Excise.
• • Liasoning and interaction with Auditors and other professionals.
• • Liasoning with Land Revenue Officers, MMRDA, CIDCO, MPCB, MIDC, MSRDC for related matters.
• • Liasoning with Auditors, Lawyers for AIFR, BIFR, High Court Matters, Income tax Cases.

• Qualification
• CA/MCOM Finance
• Knowledge in Accounting Packages
• Tally 7.2, Tally.Erp9, Tax base, Service tax express, ST Easy MVAT Computation.

• Location - Navi Mumbai (Mahape)

Industry

• Appliances, Electrical, and Electronics Manufacturing

Employment Type

Full-time

• Perks and benefits
• 1) Medical Insurance
• 2) Accidental Insurance
• 3) Annual yearly Incentives
• 4) Annual Leaves
• 5) Gratuity
• 6) Provident Fund