Associate - Accounts

Key Qualifications:

1. Education:
• Bachelors degree in Accounting, Finance, or a related field.
2. Experience:
• 2-4 years of experience in accounting, with at least 1-2 years specifically in an SEZ environment or export/import business.
• Familiarity with GST, customs duties, and tax exemptions specific to SEZ operations.
3. Skills:
• Proficiency in accounting software like Tally, SAP, Dynamics 365, and MS Excel.
• Strong analytical, organizational, and problem-solving skills.
• Knowledge of Indian GAAP (Generally Accepted Accounting Principles) and SEZ-specific regulations.
• Excellent communication skills for interacting with stakeholders, government authorities, and auditors.

Key Responsibilities:

1. Financial Record Keeping and Reporting:
• Maintain accurate financial records, including accounts payable/receivable and general ledger.
• Prepare monthly, quarterly, and annual financial statements in compliance with SEZ rules and regulations.
• Ensure all transactions comply with SEZ-specific tax exemptions and regulatory frameworks.
2. GST and Taxation Compliance:
• Ensure proper accounting and reporting of GST, Customs Duties, and other taxes.
• Maintain records for input tax credits (ITC) and manage zero-rated export provisions.
• Prepare data for GST returns (GSTR-1, GSTR-3B) and ensure timely filing.
• Perform GSTR-2B vs GSTR-3B reconciliation to ensure accurate reporting of GST.
• Manage tax exemptions for goods/services supplied within the SEZ and maintain proper documentation.
• Support the finance team with internal and external tax audits.
3. Handling SEZ-Specific Transactions:
• Prepare and submit periodic returns, such as Annual Performance Reports (APR), Monthly Performance Reports (MPR), and SEZ Export Returns Form (SERF).
• Ensure compliance with SOFTEX filing, DSPF, and import/export documentation.
• Record transactions for SEZ goods/services, including zero-rated export supplies, while maintaining accurate documentation.
4. Audit Support and Compliance:
• Assist in preparing accurate documentation for internal audits and SEZ compliance checks.
• Ensure adherence to SEZ laws, regulations, and export incentives.
• Support external audits and liaise with auditors to provide the necessary documentation during the audit process.
5. Reporting and Liaison:
• Submit financial reports to government authorities, ensuring adherence to all SEZ regulations.
• Serve as the primary point of contact for all SEZ-related accounting and taxation matters.
• Work closely with sales and procurement teams to ensure the correct application of GST and tax rules for SEZ operations.