Executive - Accounts

We are seeking a detail-oriented and efficient GST Returns and Compliance Specialist with 1-2 years of experience to join our finance team. The role involves handling GST compliance, including the preparation and filing of monthly returns (GSTR-1, GSTR-3B), supporting GST audits, and ensuring all GST-related activities are carried out in adherence to statutory requirements. This position is ideal for individuals with foundational knowledge of GST laws and returns, and a desire to grow in the field of indirect taxation.

Key Responsibilities:

GST Returns Filing (GSTR-1 & GSTR-3B):

• Prepare and file monthly GST returns (GSTR-1 and GSTR-3B) within deadlines.
• Ensure accurate reporting of sales, purchases, input tax credits, and GST liabilities in the returns.
• Review and reconcile data from accounting systems to ensure accurate reporting for GST returns.
• Address any discrepancies between the data in the returns and accounting records.

GST Compliance & Documentation:

• Maintain and update GST-related records for audit purposes.
• Ensure compliance with GST laws and timely submission of GST returns to avoid penalties or late fees.
• Coordinate with internal teams to gather required information for accurate returns filing.

GST Audit Support:

• Assist in the preparation and documentation required for GST audits.
• Respond to queries from auditors and provide necessary reports and explanations related to GST transactions.
• Conduct internal reviews and audits to ensure GST compliance and identify areas of improvement.

Reconciliation and Reporting:

• Reconcile GST payable and receivable accounts.
• Assist in preparing reconciliation reports for GST input tax credit (ITC) claims.
• Monitor and review tax liabilities and payments for accuracy and compliance.

General Support:

• Stay updated with changes in GST laws, notifications, and circulars.
• Provide support for GST-related inquiries from internal teams and external stakeholders.
• Assist in implementing best practices for GST compliance and return filing processes.

Key Requirements:

• Bachelors degree in Commerce, Accounting, or a related field.
• 1-2 years of experience in GST return filing, GST compliance, and related activities.
• Strong understanding of GST concepts, including GSTR-1, GSTR-3B, input tax credit, and GST audits.
• Proficient in MS Excel and knowledge of accounting software (Tally, SAP, etc.).
• Strong attention to detail and accuracy in preparing returns and reconciliations.
• Ability to work independently and manage time effectively to meet deadlines.
• Strong communication skills to interact with auditors, vendors, and internal teams.