Senior Associate

Northern Arc Capital; Chennai District; On-site; INR 540,000 - 660,000; Full time

Job summary

Northern Arc Capital is seeking an experienced accounting professional to support day-to-day accounting, reconciliation, and monthly closures. The role includes statutory compliance, audit support, and data accuracy to ensure timely reporting.

The candidate should have 3–5 years of relevant NBFC/financial services experience, with a strong grasp of accounting principles, GST, TDS, and timely reporting. The position requires on-site work in Chennai.

Qualifications

• Commerce graduate or postgraduate (MBA/MCom/BCom).
• Semi-qualified CA/CWA is acceptable.
• Understanding of accounting, payment processing, and related tax aspects (GST, TDS).
• Knowledge of statutory compliance and return filing.

Responsibilities

• Process ledger entries and bookings accurately and timely.
• Assist in financial reconciliation and data accuracy checks.
• Prepare key financial statements for specified finance activities.
• Ensure statutory payments are made by due dates and returns filed timely.
• Support internal and external audits with documentation and access.
• Ensure transactions and reports align with internal guidelines and procedures.
• Analyze ledgers to reconcile financial data and meet reporting timelines.

Skills

Accounting basics

GST & TDS

Statutory compliance

Communication

Time management

Education

Commerce degree (BCom/MCom/MBA)

Semi-qualified CA/CWA

Job description

JOB OBJECTIVE:

To assist in day-to-day accounting, reconciliation, monthly financial accounts closure, statutory compliance and other assigned activities

KEY ACCOUNTABILITIES:

Transaction Processing:

Process ledger and booking entries according to stated procedures so that all transactions are recorded in a timely and accurate manner.

Financial Reconciliation:

Assists team members in reconciling financial data according to stated schedules so that the company remains aware of its financial position on an ongoing basis and statutory reports can be produced within internal and statutory time limits.

Financial Statements preparation:

Prepare key financial statements for a specific area of finance activity to ensure that accurate and timely information is provided to internal and external customers and representatives.

Statutory compliance and Audit:

Ensure that all the statutory payments relating to assigned entities are made within due dates and necessary returns are filed well before the due date

Assist in ensuring internal and external audits are provided with full support to ensure that the audits are completed comprehensively, and audit objectives are met.

Procedural Compliance:

Ensure that all transactions and reports are processed according to internal procedures and guidelines so that the company fulfils all statutory reporting requirements.

Data Accuracy:

Identify, investigate and rectify routine errors and anomalies in data and reports so that all financial data can be relied upon.

Data Analysis:

Analyze ledgers and accounts to allow the reconciliation of financial data according to stated schedules so that the company remains aware of its financial position on an ongoing basis and statutory reports can be produced within statutory time limits.

SPECIFICATIONS: QUALIFICATIONS, EXPERIENCE, & COMPETENCIES:

Minimum Qualifications:

• Commerce Graduate/ Post-graduate in commerce, MBA, MCom, BCom
• Semi qualified CA/ CWA

Minimum Experience:

• 3 to 5 years of relevant experience in accounting NBFC / financial services industry.

Skills Required:

• Understanding of accounting, payment processing, and related tax aspects, including GST, TDS
• Understanding of statutory compliances and return filing
• Interpersonal and effective communication skills (both written and verbal)
• Ability to stretch oneself and work under pressure, handle multiple tasks simultaneously, and meet deadlines.
• Strong work ethic, positive attitude, self-motivated individual having an ability to work individually and as part of a team.