- GST Compliance and Management:
- Prepare and file accurate GST returns (GSTR-1, GSTR-3B, and annual returns) in a timely manner.
- Reconcile GST data with the organization’s books of accounts and ensure accuracy.
- Address notices, queries, and discrepancies raised by GST authorities.
- Monitor changes in GST laws and implement necessary updates to ensure compliance.
2. Accounts Receivables:
- Maintain an updated ledger of receivables and follow up on outstanding payments with clients.
- Prepare and send invoices to clients as per agreed terms and formats.
- Reconcile client payments with issued invoices and address any discrepancies.
- Generate aging reports to monitor overdue payments and take corrective action to minimize receivable days.
- Financial Reconciliation:
- Reconcile accounts related to GST and receivables monthly and quarterly.
- Ensure accurate recording of financial data related to receivables and GST.
4. Reporting and Documentation:
- Prepare detailed reports on receivables and GST filings for management review.
- Maintain organized records of GST filings, invoices, and correspondence for audit purposes.
5. Coordination:
- Coordinate with internal teams,
such as sales and operations, for timely invoicing and payment collections.
- Liaise with external stakeholders, such as clients and tax consultants, to resolve GST or receivable-related issues.
- Other Financial Tasks:
- Assist in bank reconciliations related to receivables.
- Support the Accounts Manager in other accounting functions as required.
Key Skills and Qualifications:
- Education: Bachelor’s degree in Commerce, Accounting, or a related field.
- Experience: Minimum 4 years of experience in accounting, with a focus on GST compliance and receivables management.
- Proficiency in accounting software (e.g., Tally ERP, SAP) and MS Excel.
- Strong understanding of GST laws, rules, and regulations.
- Excellent communication and interpersonal skills for dealing with clients and stakeholders.
- Attention to detail and robust organizational skills to handle multiple tasks effectively.
Preferred Attributes:
- Prior experience in the hospitality industry is a plus.
- Ability to work under pressure and meet deadlines.
- Knowledge of financial reporting standards and practices