07 Aug
|
Recognized
|
Bengaluru
07 Aug
Recognized
Bengaluru
Article Trainee - Accounting and Business Support
Job Purpose:
The individual will be a part of Accounting and Business Support team learning and assisting clients in managing their accounting including preparation of MIS and other reports and various applicable compliances including but not limited to Payroll including labour laws, tax withholding, Goods and Services tax, Corporate tax, Reserve bank of India and certifications for foreign remittances.
Training Includes:
The incumbent shall be allocated 2 -3 full retainer clients along with 1 -2 clients with selected jobs and will be responsible for ensuring the agreed compliances for those clients. He/she shall work closely with senior/assistant manager on these jobs who shall closely review his/her work. The responsibilities shall include but shall not be limited to:
1. Accounting and Bookkeeping:
• Recording of Transactions for different kinds of Companies
• Checking of transaction for applicability of TDS
• Maintaining stock , if applicable
• Finalisation of end -to -end accounting including closures entries like prepaid, depreciation, provisions etc.
• Preparation of Fixed assets register for the purpose of calculation of depreciation.
• Preparation of monthly MIS reports.
• Preparation of financial statements as required by Schedule III of the Companies Act, 2013, along with related schedules.
• Assistance during statutory audit/tax audit including preparation of schedules as may be required by statutory auditors.
2. Payroll Compliances:
• Preparation and processing of monthly payroll based on the data received from the clients.
• Finalisation of salary structures of the employees for the financial year, estimating the annual tax liability of each employee.
• Preparation and filing of various labour law related returns (PF, LWF, PT etc)