Assistant Accountant

Ascendeum; India; On-site; INR 500,000 - 700,000; Full time

Job summary

A leading firm in the finance sector in India is seeking an Associate for full-time accounting/auditing responsibilities. The ideal candidate will manage GST and TDS filings, ensuring compliance with regulatory deadlines. Responsibilities include bookkeeping with Zoho Books, preparing documentation for inward and outward remittances, and maintaining accurate financial records. Candidates should have 3-6 years of relevant experience and strong documentation abilities. This role offers an opportunity to work closely with CAs and other financial professionals.

Qualifications

• 3–6 years SME experience in accounting or auditing.
• Working knowledge of GST, TDS, FEMA basics and related processes.
• Ability to work comfortably with bankers and CAs.

Responsibilities

• Oversee day-to-day bookkeeping and financial compliance.
• Handle GST filings and maintain accurate documentation.
• Coordinate inward and outward remittances with banks.

Skills

Knowledge of GST

TDS understanding

Clear documentation habits

Experience with banking coordination

Education

B.Com/M.Com (CA Inter preferred)

Tools

Zoho Books

Zoho Payroll

Job description

Keep books clean and compliant in-house so the CA can audit/close quickly.

Key Responsibilities

• Books (Zoho Books): Day-to-day bookkeeping, chart-of-accounts hygiene, monthly closes, bank/credit/UPI recs, inter-company journals.
• GST: GSTR-1/3B filing, RCM where applicable, e-invoice/e-waybill (if in scope), ITC reconciliation, vendor GST validation.
• TDS/TCS: Section-wise deductions (194C/194J/194H/194Q, etc.), challans, returns (24Q/26Q), Form 16/16A, 26AS matching.
• Payroll (Zoho Payroll): Salary processing, PF/ESI/PT challans, Form 16; reimbursements via Zoho Expense.
• Banking: Work with RM for payouts, limits, FDs; maintain maker–checker controls.
• Compliance queries: Compile documents/drafts for IT/GST notices with the CA.
• Reporting: Monthly P&L/BS/Cash-flow, AR/AP ageing, project cost reports.
• Inward remittances (exports of services): Track FIRC/BRC, purpose codes, SWIFT copies; SOFTEX (if applicable for IT/ITES), export LUT under GST, realization tracking and aging.
• Outward remittances (imports of services/vendors): Validate purpose codes, FEMA limits, Form 15CA/CB workflow with CA, DTAA checks, Sec 195 TDS where applicable; keep SWIFT/BoE/supporting docs organized.
• Bank coordination: Liaise with AD Bank for documentation, discrepancies, and closure of pending inward/outward cases.
• If applicable: Support FLA return/FDI/ODI/ECB data packs with consultants (maintain cap-table/inflow docs).
• Maintain inter-company service agreements, pricing policies, and monthly billing/true-ups per approved mark‑ups.
• Keep TP documentation packs current (scope: invoices, FAR inputs, cost base workings, benchmarking extracts provided by advisor).
• Coordinate Form 3CEB compilation/filing with TP/Stat audit teams; ensure books tie to TP workings.

Requirements

• B.Com/M.Com (CA Inter preferred), 3–6 yrs SME experience.
• Working knowledge of GST/TDS, FEMA basics, Sec 195, 15CA/CB process, purpose codes, and export documentation (FIRC/BRC/SOFTEX).
• Clear documentation habits; deadline discipline; comfort working with bankers, CAs, and TP advisors.

KPIs

• GST/TDS filings: 100% on time.
• Remittances: 100% docs in file (FIRC/BRC/15CA/CB/SWIFT) within T+7 of transaction.
• TP compliance: Inter-company invoices/true-ups posted monthly; 3CEB data pack ready before statutory timeline.
• Notice resolution: responses drafted and filed within agreed SLA.

Seniority level

• Associate

Employment type

• Full-time

Job function

• Accounting/Auditing

Industries

• Advertising Services
• IT Services and IT Consulting