Job Purpose To manage day-to-day accounting activities, bank reconciliation, fund flow monitoring, customer outstanding reconciliation, and statutory tax compliance, ensuring accuracy in financial records and timely completion of accounting and taxation-related activities.
Key Roles & Responsibilities
1. Fund Flow Management
- Prepare daily/weekly fund flow statements based on bank statements and available financial records.
- Monitor daily bank balances, fund inflows and outflows.
- Track payments received and payments made to ensure proper fund utilisation.
- Identify and report any discrepancies in bank transactions.
- Maintain proper records of fund movements across different bank accounts.
2. Debtors Reconciliation
- Reconcile customer outstanding balances with the company's books of accounts.
- Verify customer-wise ledger balances and identify discrepancies.
- Follow up with customers and internal teams for outstanding payment confirmations and reconciliation.
- Identify unadjusted receipts, debit notes, credit notes and other pending entries.
- Prepare periodic debtor ageing reports and highlight overdue outstanding amounts.
3. TDS Receivable Reconciliation
- Verify TDS deducted by customers against the company's books of accounts.
- Reconcile TDS receivable balances with Form 26AS and AIS.
- Identify mismatches in TDS credits and coordinate with customers for correction of discrepancies.
- Follow up with customers for pending TDS certificates (Form 16A).
- Ensure proper accounting and timely claiming of eligible TDS credits.
4. GST Payable Management
- Verify GST liability based on sales, purchase records and books of accounts.
- Reconcile GST payable balances with GST returns and accounting records.
- Ensure accurate calculation and timely payment of GST liabilities.
- Coordinate for resolving GST-related mismatches and discrepancies.
- Maintain proper documentation and records of GST payments and returns.
5. TDS Payable Management
- Calculate and verify TDS deductions on vendor payments and other applicable transactions.
- Ensure correct application of TDS sections and applicable rates.
- Prepare TDS payable workings and reconcile them with books of accounts.
- Ensure timely deposit of TDS within the prescribed due dates.
- Assist in quarterly TDS return preparation and filing.
- Coordinate for issuance of TDS certificates and resolution of TDS-related queries.
6. General Accounting & MIS
- Maintain accurate accounting records and supporting documents.
- Perform ledger scrutiny and reconciliation of assigned accounts.
- Prepare periodic financial reports and MIS as required by management.
- Coordinate with internal departments, customers and vendors for accounting-related matters.
- Ensure compliance with company accounting policies and applicable statutory requirements.
Required Skills & Competencies
- Good knowledge of accounting principles and taxation.
- Practical knowledge of GST and TDS provisions.
- Experience in bank reconciliation and fund flow preparation.
- Strong understanding of debtor reconciliation and ledger scrutiny.
- Working knowledge of Form 26AS, AIS and GST portal.
- Proficiency in MS Excel and accounting software (Tally / ERP).
- Solid analytical, numerical and problem-solving skills.
- Good communication and coordination skills.
- Ability to meet statutory deadlines and manage multiple activities.
Educational Qualification & Experience
- Qualification: B.Com / M.Com / MBA (Finance).
- Experience: 2–4 years of relevant experience in Accounts & Finance.
- Preferred: Experience in GST, TDS, bank reconciliation and customer/vendor ledger reconciliation.