Article Trainee - ABS

ASA; Pune District; On-site; INR 150,000 - 210,000; Full time

Job summary

Baker Tilly in Pune is seeking an Article Trainee to support the Accounting and Business Support team. The role involves learning and assisting clients in managing accounting, preparing MIS and other reports, and ensuring compliance with Payroll, GST, and tax obligations.

The incumbent will handle end-to-end accounting tasks, payroll processing, TDS, GST returns, RBI filings, and collaboration with senior managers to maintain client compliances.

Responsibilities

• Recording of Transactions for different kinds of Companies
• Checking of transaction for applicability of TDS
• Finalisation of end-to-end accounting including closures entries like prepaid, depreciation, provisions
• Preparation of Fixed assets register for depreciation
• Preparation of monthly MIS reports
• Preparation of financial statements as required by Schedule III of the Companies Act, 2013, along with related schedules
• Assistance during statutory audit/tax audit including preparation of schedules for statutory auditors
• Preparation and processing of monthly payroll based on the data received from the clients
• Finalisation of salary structures of the employees for the financial year, estimating the annual tax liability of each employee
• Preparation and filing of various labour law related returns (PF, LWF, PT etc)
• Preparation of monthly TDS liabilities of clients and their payment of challans
• Preparation and filing of quarterly TDS Returns
• Computation of quarterly tax liability to be deposited as advance tax
• Computation of annual corporate tax liability for filing of corporate tax returns
• Preparation and filing of Form 15CA/CB for foreign remittances
• Preparation of schedules of Tax audit (Form 3CD)
• Filing of various applicable Forms like 49C, SFT etc.
• Assistance in proceedings initiated by tax withholding authorities
• Preparation and filing of monthly/quarterly GST returns (GSTR-1/GSTR-3B)
• Preparation and filing of annual return (GSTR-9) and annual reconciliation statement (GSTR-9C)
• Assistance in obtaining registrations and amendments if any
• Preparation and filing of Statement of Foreign Liabilities and Assets with RBI
• Preparation, certification and filing of Form ECB-2 for External Commercial Borrowings
• Preparation and filing of Statement of DGP report

Job description

The Article Trainee will play a key role in supporting Baker Tilly’s mission to deliver exceptional client service and strategic insights. This position involves learning and assisting clients in managing their accounting, preparing MIS and other reports, and supporting compliance with Payroll (including labour laws), tax withholding, Goods and Services Tax, Corporate Tax, Reserve Bank of India regulations, and certifications for foreign remittances as part of the Accounting and Business Support team.

Training Includes:

The incumbent shall be allocated 2-3 full retainer clients along with 1-2 clients with selected jobs and will be responsible for ensuring the agreed compliances for those clients. He/she shall work closely with senior/assistant managers on these jobs who shall closely review his/her work. The responsibilities shall include but shall not be limited to:

1. Accounting and Bookkeeping:

• Recording of Transactions for different kinds of Companies
• Checking of transaction for applicability of TDS
• Finalisation of end-to-end accounting including closures entries like prepaid, depreciation, provisions etc.
• Preparation of Fixed assets register for the purpose of calculation of depreciation.
• Preparation of monthly MIS reports.
• Preparation of financial statements as required by Schedule III of the Companies Act, 2013, along with related schedules.
• Assistance during statutory audit/tax audit including preparation of schedules as may be required by statutory auditors.

2. Payroll Compliances:

• Preparation and processing of monthly payroll based on the data received from the clients.
• Finalisation of salary structures of the employees for the financial year, estimating the annual tax liability of each employee.
• Preparation and filing of various labour law related returns (PF, LWF, PT etc)

3. Income Tax Compliances:

• Preparation of monthly TDS liabilities of clients and their payment of challans.
• Preparation and filing of quarterly TDS Returns.
• Computation of quarterly tax liability to be deposited as advance tax.
• Computation of annual corporate tax liability for filing of corporate tax returns.
• Preparation and filing of Form 15CA/CB for foreign remittances.
• Preparation of schedules of Tax audit (Form 3CD).
• Filing of various applicable Forms like 49C, SFT etc.
• Assistance in proceedings initiated by tax withholding authorities.

4. GST Compliances:

• Preparation and filing of monthly/quarterly GST returns (GSTR-1/GSTR-3B)
• Preparation and filing of annual return (GSTR-9) and annual reconciliation statement (GSTR-9C).
• Assistance in obtaining registrations and amendments if any.

5. RBI & Other Compliances:

• Preparation and filing of Statement of Foreign Liabilities and Assets with RBI
• Preparation, certification and filing of Form ECB-2 for External Commercial Borrowings.
• Preparation and filing of Statement of DGP report