Associate

New Wave League; Thane; On-site; INR 360,000 - 480,000; Full time

Job summary

New Wave League is seeking an entry-level Associate to support accounting, MIS, taxation, and advisory tasks. The role provides hands-on exposure to end-to-end accounting and client coordination with a view to progressing into an Assistant Manager role.

You will assist with tax planning, compliance, and litigation support while building a strong foundation in accounting and advisory services across multiple clients in Maharashtra.

Qualifications

• Fresh entry into accounting with exposure to end-to-end processes including MIS, GST, income tax, and TDS.
• Ability to support tax structuring, advisory notes, and client communications under supervision.
• Proactive in preparing schedules, reconciliations, and compliance documentation.

Responsibilities

• Assist in end-to-end accounting entries including revenue, payroll, provisions, and expenses.
• Prepare MIS packs, variance analysis, and financial statement schedules.
• Support GST, TDS, and income tax compliance and filing processes.
• Coordinate with clients, consultants, and auditors to ensure timely responses.
• Maintain and improve Excel-based templates and templates for processes.

Skills

Accounting fundamentals

Reconciliations

MIS preparation

Excel advanced

Communication skills

Attention to detail

Team collaboration

Education

Semi-Qualified Chartered Accountant (Articleship completed)

Commerce Graduate / Post-Graduate with articleship exposure

Tools

Tally / ERP systems

Job description

1. ROLE OVERVIEW

The Associate is an entry-level professional responsible for supporting and executing core accounting, compliance, and advisory functions. The role involves hands-on exposure to end-to-end accounting, MIS preparation, taxation, compliance, and client coordination.

This position is designed to build a strong foundation for progression into an Assistant Manager role through practical exposure to accounting, taxation, advisory assignments, and client interactions.

2. KEY RESPONSIBILITIES

A. Accounting & MIS Execution

• Review and execution of accounting entries including:
  • Revenue and expenses
  • Payroll
  • Provisions and accruals
  • Receipts and payments
  • Depreciation and amortisation
  • Prepaid expenses
• Bank, debtor, and creditor reconciliations
• Ledger scrutiny and clean-up activities
• Preparation of schedules for:
  • Profit & Loss Statement
  • Balance Sheet
  • Cash Flow Statements
• Preparation of MIS packs and variance analysis
• Application of accounting fundamental principles.

B. Tax Structuring & Advisory Support

• Assist Managers in:
  • Tax planning and structuring assignments
  • Evaluation of business transactions from a tax perspective
• Preparation of:
  • Technical workings
  • Comparative tax computations
  • Impact analysis under GST, Income Tax, and TDS
• Research on applicable sections, notifications, circulars, and case laws
• Drafting of:
  • Internal technical notes
  • Client advisories
  • Transaction memos
  • Opinions and guidelines

C. Litigation & Assessment Support

• Assistance in handling:
  • Income Tax and GST notices
  • Assessments and departmental queries under Direct and Indirect Tax.
• Preparation of:
  • Replies to notices
  • Reconciliations and submissions
  • Paper books, annexures, and supporting documentation
• Coordination with tax consultants, lawyers, and auditors
• Maintenance of litigation trackers and hearing calendars

D. Compliance Execution

• GST return workings and reconciliations
• Filing of GST returns including GSTR 1, 3B, 6 and 9/9C
• TDS computations and return support including rectifications
• Rectification and revision process
• Coordination related to PF and Professional Tax
• Data preparation for:
  • Statutory audits
  • Tax audits
  • Internal audits
• Assistance in filings under Income Tax laws (including returns, tax audit, Forms 15CA/CB, etc.)
• Maintenance and monitoring of compliance calendars
• ROC filings under Companies Act

E. Client Coordination

• Follow-ups with clients for data and information
• Timely response to routine client queries
• Participation in client calls and meetings along with seniors
• Preparation of email drafts, workings, and client communications

F. Process Discipline & Automation

• Adherence to SOPs, internal controls, and checklists
• Maintenance of proper working papers and documentation
• Development and improvement of Excel-based templates
• Support in process improvement and automation initiatives
• Ensuring maker-checker controls and process discipline

G. Operations & Treasury Support

• Support in client and customer operations
• Assistance in accounts payable and receivable processes
• Banking coordination and payment processing
• Documentation and liaison with banks and payment channels

H. Due diligence and Reviews:

• Analysis of financials and schedules
• Review of compliances
• Prepare summary of agreements
• Assess impact of red flags
• Draft the report for analysis

3. ELIGIBILITY CRITERIA

• Semi-Qualified Chartered Accountant (Articleship completed), or
• Fresh Chartered Accountant, or
• Commerce Graduate / Post-Graduate with articleship exposure and strong accounting fundamentals

4. REQUIRED COMPETENCIES

Functional Competencies

• Strong accounting fundamentals
• Reconciliations and ledger scrutiny
• MIS preparation and analysis
• Working knowledge of Income Tax and GST
• Documentation and assessment support

Behavioral Competencies

• Strong learning orientation
• Attention to detail
• Accountability and ownership
• Effective communication skills
• Team collaboration
• Adherence to timelines and commitments

Technical Competencies

• Advanced Excel skills
• Tally / ERP systems
• Drafting, documentation, and presentation skills

5. LEARNING OUTCOMES

• Exposure to:
  • CFO advisory services
  • Tax structuring assignments
  • Assessments and litigation matters
  • Multi-industry client engagements

• Development of an advisory and solution-oriented mindset

6. CAREER PROGRESSION

Associate Assistant Manager Manager Senior Manager