Accountant

Magma; Ahmedabad District; On-site; INR 700,000 - 1,200,000; Full time

Job summary

Magma is seeking a proactive Accountant to manage key accounting functions, financial reporting, statutory compliance, budgeting, audit support, and strategic planning.

Responsibilities include month-end close, GL reconciliations, vendor payments, and tax filings (GSTR1/3B, TDS, TCS) with informed reporting to management.

Requirements: 4+ years experience, GAAP/IFRS knowledge, proficiency in Tally/QuickBooks/SAP/ERP, advanced Excel, and strong communication.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field.
• 4+ years of experience in accounting or finance roles.
• Solid understanding of GAAP/IFRS and tax compliance.
• Proficiency in Tally, QuickBooks, SAP, or ERP systems.
• Advanced Microsoft Excel skills and strong analytical abilities.

Responsibilities

• Prepare and analyze monthly, quarterly, and annual financial statements.
• Ensure accuracy of the general ledger and perform reconciliations.
• Manage month-end and year-end close processes.
• Assist in budgeting, forecasting, and variance analysis.
• Maintain compliance with financial regulations and internal controls.
• Coordinate with external auditors for audits and reviews.
• Review and process vendor payments and tax filings.
• Prepare and file Tax Returns: GSTR1 and 3B, TDS and TCS quarterly returns.
• Provide financial insights to support management decisions.
• Maintain documentation and support schedules for financial reports.

Skills

Attention to detail

Analytical thinking

Communication

Proactive mindset

Education

Bachelor’s degree in Accounting/Finance

CA Inter / MBA Finance preferred; CA qualified a plus

Tools

Tally

QuickBooks

SAP

ERP systems

Job description

Position Overview: We are looking for a proactive and detail-oriented Accountant to manage key accounting functions and ensure financial accuracy and operational efficiency. The role includes handling accounting operations, financial reporting, statutory compliance, budgeting, audit support, and contributing to strategic financial planning.

Key Responsibilities:

• Prepare and analyze monthly, quarterly, and annual financial statements.
• Ensure accuracy of the general ledger and perform reconciliations of bank accounts, balance sheets, and intercompany transactions.
• Manage month-end and year-end close processes.
• Assist in budgeting, forecasting, and variance analysis.
• Maintain compliance with applicable financial regulations and internal controls.
• Coordinate with external auditors for audits and financial reviews.
• Review and process vendor payments and tax filings
• Preparing and filing of Tax Returns : GSTR1 and 3B, TDS and TCS Quarterly returns.
• Provide financial insights to support decision-making by management.
• Maintain documentation and support schedules for all financial reports.

Requirements:

• Bachelor’s degree in Accounting, Finance, or related field (CA Inter / MBA Finance preferred; CA qualified is a plus).
• 4+ years of experience in accounting or finance roles.
• Solid understanding of accounting principles (GAAP/IFRS).
• Proficiency in accounting software such as Tally, QuickBooks, SAP, or ERP systems.
• Advanced Microsoft Excel skills.
• Strong attention to detail and analytical skills.
• Excellent communication and interpersonal abilities.

Preferred Qualifications:

• Experience in a manufacturing / service / tech environment.
• Knowledge of Indian taxation laws and statutory compliance.
• Exposure to automation tools or financial data visualization tools is a plus.

Equal Opportunity Employer:

Magma is an equal-opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.