Job Description:
Key Roles and Responsibilities
A Direct and Indirect Taxation
Direct Tax
1 Monthly working and payment of TDS/TCS
2 Quarterly filing of TDS returns (Form 24Q, 26Q, 27Q)
3 Suggestions on TDS / TCS applicable for various payments/ transactions
4 Keeping track of TDS defaults and removing defaults on time
5 Preparation of provisional computation of income on quarterly basis for Advance tax payment
6 Final computation and self-assessment tax payment along with Interest, if any
7 Income Tax return workings and submission on time
8 Income Tax Audit u/s 44AB - preparation of workings and coordination with Auditors for submission on time
9 Transfer Pricing completion on time, preparation of workings & coordination
10 Submission of country-by-country report
11 Drafting submission for IT Assessment / Appeals, preparation of workings, documentation
12 Coordination with Tax consultants to represent company's position for each Assessment and appeal cases to get maximum favorable outcome
13 Preparation and coordination for ITAT and High Court related matters
Indirect Tax
12 Monthly working and payment of GST liability
13 Filing monthly GST returns (GSTR 1, GSTR 3B) on time
14 Reconciliation with input tax credit as per GST Portal and books of accounts and take necessary steps to avoid and penal consequences or financial losses
15 Assess and suggest GST applicability on various transactions of income and expenses
16 Submission of Annual GST return and reconciliation on time (9 & 9C)
17 Assistance in state wise GST Audit/ Scrutiny/ Assessment proceedings with workings/ documentation
18 Compilation of the data & preparation of responses to various notices received from the GST Department
B Other statutory compliances
1 Timely submission of SFT (Statement of financial transaction)
C Finalization of Accounts & Audit Closure
1 Various aspects of work on Annual report for consolidated and Standalone accounts
2 Coordination with External Auditor and closure / resolving Audit queries/findings
3 Coordination with Internal Auditor and closure / resolving Audit queries/findings
4 Transfer Pricing Audit - coordination with Auditors and completion on time
D General Accounting
1 Monthly depreciation calculation and posting in books of accounts
2 Maintaining Fixed Asset Register and reconciling with physical verification reports
3 Monthly/ quarterly / annual interest booking
4 Small subsidiary monthly books closure
Preferred qualification
1 Graduate/Postgraduate with Article ship completed or CA Inter
2 Experience 4-5 years