Assistant Account Manager

Z Ventures; Vadodara; On-site; INR 600,000 - 900,000; Full time

Job summary

Z Ventures in Vadodara, Gujarat seeks an experienced accounting professional to manage month-end closing, provisions, and statutory compliance. The role covers payroll accounting, TDS/GST, fixed assets, and audit support across two companies.

You will prepare and post entries, track monthly prepaid expenses, and ensure accurate reconciliation of payments and schedules. The incumbent will coordinate end-of-month activities, maintain Chart of Accounts, and provide data for auditors and internal

Responsibilities

• Month-end activities and provisions
• Coordinate on the last day of the month for provisions and registers
• Prepare and post provision workings for EOU and Engineering
• Track and book prepaid expenses and monthly insurance
• Manage statutory liabilities and payroll-related accounting
• Prepare TDS payable working and share with consultant
• Pass salary and wage entries
• Ensure compliance for PF, PT, ESIC, LWF, NPS, and TDS on salary
• Record fixed assets and depreciation; update Fixed Assets Register
• Match FAR with Trial Balance and schedules
• Compute monthly bonus provisions and leave encashment for employees
• Routine ledger scrutiny for TDS/TCS and GST
• Prepare audit data, respond to auditors, and support financial reporting
• Assist in preparation of draft financial statements and IRL requests
• Coordinate and support in filing of annual TDS/TCS returns and Form 16

Job description

Role & responsibilities

• Month-end activities and provisions
• Coordinate on the last day of the month for provisions, inventories, RGP/NRGP register, job work register, etc.
• Prepare and post provision workings and entries for EOU and Engineering.
• Prepaid expenses and insurance
• Track and book prepaid insurance and expenses on a monthly basis.
• Statutory liabilities and payroll-related accounting
• Prepare TDS payable working and share with consultant.
• Pass accounting entries for salary and wages.
• Ensure proper accounting and reconciliation of statutory payments, including:
• Provident Fund (PF)
• Professional Tax (PT)
• ESIC payment
• Labour Welfare Fund (LWF)
• NPS
• TDS on salary
• Fixed assets and depreciation
• Update Fixed Assets Register and fixed asset roll-forward for Head Office.
• Track and account for monthly depreciation entries.
• Ensure matching of FAR with Trial Balance and schedules.
• Bonus and employee-related provisions
• Compute monthly bonus provision and track payments.
• Handle EOU bonus for blue-collar, white-collar, and statutory bonus requirements.
• Prepare provision for leave encashment for blue-collar employees.
• Monitor and account for employees TDS liabilities.
• Routine accounting and compliance checks
• Scrutinize purchase and service bills, ledgers, and chart of accounts on a regular basis.
• Check TDS, GST, and other compliance aspects in day-to-day entries.
• Pass routine accounting entries and journal vouchers required for monthly, quarterly, and annual audits.
• Resolve queries and regularize transactions from taxation and accounting standards perspective.
• Maintain control over Chart of Accounts and Tally masters.
• Financial reporting & audit support
• Assist in preparation of draft financial statements.
• Prepare and provide data as per auditors’ information request list (IRL).
• Explain transactions and provide clarifications to auditors as required.
• Pass necessary audit entries and adjustments as per audit requirements.
• Match FAR, Trial Balance, receivable ageing, payable ageing with respective schedules.
• Prepare detailed working notes for audit and internal review.
• Assist the Controller with any additional financial reporting or analysis.
• TDS / TCS compliances
• Perform periodic ledger scrutiny from TDS/TCS perspective.
• Prepare data for TDS/TCS returns and share with consultants.
• Coordinate and support in filing of annual TDS/TCS returns.
• Assist in preparation and distribution of Form 16.
• Secretarial and cross-functional support
• Track secretarial work and provide data/support for two companies, as required by the Controller and Company Secretary.
• Provide various reports and data as required by the Controller from time to time.