Accounting Lead Skill Works Consultancy

The Corporate Institute; Gurgaon; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

The Corporate Institute in Gurgaon, India seeks an experienced accounting professional to lead the accounting function, drive month-end and year-end closes, ensure accurate financial reporting, and coordinate statutory audits. Responsibilities include payroll accounting, TDS compliance, and strong reconciliations to ensure audit readiness.

Ideal candidate will have extensive experience in general ledger scrutiny, balance-sheet finalisation and MIS reporting to CFO/management, with a focus on

Responsibilities

• Drive month-end close and annual close with accurate books and schedules.
• Review trial balance, GL, sub-ledgers and ageing balances before closing.
• Prepare and review schedules for fixed assets, inventory, receivables, payables and statutory dues.
• Complete bank, customer, vendor, inter-company and statutory reconciliations; resolve aged items.
• Prepare/review financial statements, notes to accounts, audit working papers; support auditors.
• Coordinate with auditors through planning, finalisation and signing of financial statements.
• Review payroll accounting including salary provisions, statutory deductions and reconciliations.
• Maintain audit-query tracker and respond to auditor observations with root-cause analysis.

Job description

1. JOB PURPOSE:

Lead the accounting function with primary responsibility for accurate books, monthly and annual closing, balance-sheet finalisation, statutory audit coordination, resolution of auditor queries, payroll accounting, TDS compliance and timely financial reporting. Ensure strong reconciliations, documentation and audit readiness.

2. KEY ACCOUNTABILITIES:

• Financial Accounting & Closing: Monthly closing, provisions, accruals, depreciation, ledger scrutiny and accurate books.
• Balance Sheet Finalisation: Schedules, reconciliations, confirmations and support for financial-statement finalisation.
• Statutory Audit: End-to-end coordination, audit schedules, evidence and timely closure of requirements.
• Auditor Query Management: Own audit-query tracker; coordinate data, analyse issues and provide accurate responses.
• TDS & Tax Compliance: TDS deduction, deposits, returns, certificates, reconciliations and notices/mismatches.
• Payroll Accounting: Salary provisions, statutory deductions, payroll entries and reconciliations.
• Reconciliations & Controls: Bank, customer, vendor, inter-company, GST/TDS and balance-sheet reconciliations.
• MIS & Management Support: Closing status, audit tracker and accounting MIS to CFO/management.

3. DETAILED RESPONSIBILITIES:

• Drive monthly, quarterly and annual book closure as per the approved closing calendar.
• Review trial balance, general ledger, sub-ledgers and unusual/ageing balances before close.
• Prepare and review schedules for fixed assets/CWIP, inventory, receivables, payables, advances, loans, provisions, accruals and statutory dues.
• Complete bank, customer, vendor, inter-company and statutory reconciliations and resolve aged items.
• Prepare/review financial statements, notes to accounts, schedules and audit working papers.
• Coordinate with statutory auditors from audit planning through finalisation and signing of financial statements.
• Maintain an audit-query tracker with owner, information required, response date and closure status.
• Review audit observations, identify root causes and coordinate corrective actions.
• Ensure TDS deductions, payments, quarterly returns, Form 16/16A and reconciliation of books with statutory records.
• Review payroll accounting including salary provisions, bonus/gratuity provisions where applicable and employee recoveries.
• Support CFO in tax, internal audit, compliance and management reporting matters.

4. BALANCE SHEET FINALISATION & STATUTORY AUDIT:

• Own the year-end closing checklist and ensure all ledgers and supporting schedules are complete before audit.
• Prepare audit-ready schedules and evidence for all material balance-sheet and P&L line items.
• Ensure ageing and confirmation processes for receivables, payables, advances, loans and other balances.
• Review provisions, accruals, prepaid expenses, depreciation, impairment, write-offs and year-end adjustments.
• Reconcile fixed asset register with the general ledger and support verification.
• Reconcile statutory dues and tax balances with returns, challans and books.
• Provide timely, complete and technically sound responses to statutory auditor queries.
• Track audit adjustments, management representation requirements and final audit points through closure.
• Coordinate with CFO, tax advisors, auditors and business functions for finalisation of accounts.
• Ensure financial statements and schedules are accurate and completed within agreed timelines.

5. PAYROLL, TDS & STATUTORY COMPLIANCE:

• Review payroll accounting and salary-related provisions, deductions and statutory liabilities.
• Ensure timely TDS deduction and deposit for salary and non-salary payments, as applicable.
• Review quarterly TDS returns, Form 16/16A, challan reconciliation and correction statements.
• Monitor TDS mismatches, notices and outstanding demands and coordinate timely resolution.
• Reconcile payroll records with books, bank payments, TDS records and employee liabilities.
• Coordinate with HR/payroll for employee master data, tax declarations, deductions and provisions.
• Maintain compliance calendars and documentary evidence for finance-related statutory obligations.

6. KRA / KPI SCORECARD:

• Balance Sheet Finalisation & Closing: 25% – Timely closing; schedule accuracy; no material unreconciled items
• Statutory Audit & Audit Closure: 20% – Audit readiness; timely responses; closure of queries/observations
• Accounting Accuracy & Controls: 15% – GL scrutiny; reconciliations; accounting accuracy
• TDS & Tax Compliance: 15% – Timely deductions, deposits, returns and reconciliation
• Payroll Accounting & Reconciliation: 10% – Accurate payroll entries, provisions and statutory reconciliation
• Financial Reporting & MIS: 10% – Timely and accurate reports / closing status
• Team & Process Improvement: 5% – Capability, SOPs and process improvements