09 Nov
|
Elevate First Business
|
Bhubaneswar
09 Nov
Elevate First Business
Bhubaneswar
Job Summary
We are looking for an experienced Senior Accountant to join our team in Bhubaneswar. In this role, your core focus will be maintaining accuracy and compliance across domestic and international financial operations by reviewing, verifying, and guiding the work of junior accountants (75% of your role). You will also directly manage complex calculations, high-value reconciliations, international accounting, and critical filings (25% of your role).
Key Responsibilities1. Staff Supervision & Review (75%)
- Journal & Voucher Verification: Audit and review daily journal entries, ledgers, accounts payable (AP), and accounts receivable (AR) processed by junior accountants for both Indian and UAE entities.
- Statutory Compliance Audit: Review GST returns (GSTR-1, GSTR-3B, GSTR-9), TDS/TCS computations, PF/ESI calculations, and UAE Value Added Tax (VAT) computations prepared by the team prior to filing.
- Reconciliation Review: Inspect monthly bank reconciliations, multi-currency vendor ledger reconciliations, and customer statement reconciliations to ensure zero discrepancies.
- Process Standardisation: Ensure junior staff adhere to internal accounting controls, Indian Accounting Standards (Ind AS/AS), International Financial Reporting Standards (IFRS), and standard operating procedures (SOPs).
- Team Mentorship: Provide ongoing training and guidance to junior team members on Tally Prime / ERP usage, cross-border accounting nuances, and tax updates.
2. Direct Hands-On Execution (25%)
- Financial Statement Preparation: Independently prepare monthly, quarterly, and annual balance sheets, profit & loss (P&L;) statements,
and cash flow statements under Ind AS / IFRS frameworks.
- Advanced Tax & Filings: Execute final GST filings, advance tax computations, income tax returns (ITR), UAE VAT returns, UAE Corporate Tax filings, and annual audit schedules.
- UAE & Cross-Border Accounting: Oversee UAE accounting compliance, manage multi-currency transactions, transfer pricing alignment, and intercompany ledger settlements between Indian and UAE entities.
- MIS Reporting: Compile monthly Management Information System (MIS) reports for senior leadership, highlighting revenue, OPEX trends, foreign exchange impact, and working capital status.
- Audit Co-ordination: Directly lead interactions with domestic and international statutory and internal auditors during annual audit closures.
Required Qualifications & Skills
- Education: Bachelor’s degree in Commerce (B.Com) or Master’s degree (M.Com / MBA Finance). Inter-CA, Inter-CMA, or ACCA background will be a solid advantage.
- Experience: 3 to 5 years of proven experience in accounting, with demonstrated ability to guide or supervise junior staff. Practical exposure to UAE accounting and tax regulations is required.
- Technical Skills:
- Proficiency in Tally Prime / Tally ERP 9, Zoho Books, and MS Excel (VLOOKUP, Pivot Tables, Advanced formulas). Exposure to UAE-compliant accounting software is a plus.
- In-depth practical knowledge of Indian tax laws (GST, TDS, Income Tax), Indian Accounting Standards (Ind AS/AS), IFRS, UAE Corporate Tax laws, and UAE VAT laws.
Pay: ₹20,000.00 - ₹35,000.00 per month
Work Location: In person
📌 Senior Accountant (Bhubaneswar)
🏢 Elevate First Business
📍 Bhubaneswar