Senior Executive - Finance & Accounts

JobItUs; Mumbai; On-site; INR 600,000 - 900,000; Full time

Job summary

JobItUs, Mumbai-based NBFC, seeks a diligent accounting professional to manage daily ledger activities, ensure GST and TDS compliance, and oversee AR/AP reconciliations. You will support monthly closings, audits, and regulatory reporting, maintaining IndAS-ledger discipline.

Responsibilities include processing entries, vendor invoices, GST filings, and TDS returns, with monthly MIS support and bank reconciliations.

Qualifications

• Strong understanding of accounting principles and IndAS basics.
• Good knowledge of GST and TDS compliance.
• Experience in AR/AP management and reconciliations.

Responsibilities

• Pass accounting entries for loan disbursements, repayments, interest accruals, processing fees, and other NBFC transactions.
• Process vendor invoices and employee reimbursement claims.
• Verify supporting documents and ensure adherence to the approval matrix.
• Monitor customer receivables and collection entries.
• Reconcile customer balances with LMS and accounting records.
• Review GST applicability on borrower charges, vendor transactions, and other income streams.
• Prepare and file GST returns including GSTR-1, GSTR-3B, and annual returns.
• Deduct and account for TDS as per Income Tax provisions.
• Prepare and file quarterly TDS returns.
• Support preparation of monthly MIS and financial reports.
• Assist in statutory audit, internal audit, IFC audit, and tax audits.
• Monthly reconciliation of bank accounts, GST, TDS, vendor balances, and customer balances.
• Reconciliation between LMS and accounting software.

Skills

Accounting principles

IndAS basics

GST compliance

TDS compliance

AR/AP management

Reconciliations

Job description

Role Summary

The role is responsible for managing day‑to‑day accounting operations of the NBFC, ensuring accurate financial recording, compliance with GST and TDS regulations, and efficient management of Accounts Receivable (AR) and Accounts Payable (AP). The incumbent will support monthly financial closing, statutory audits, regulatory reporting, and maintenance of books in compliance with IndAS, Companies Act, Income Tax Act, GST laws, and RBI regulations applicable to NBFCs.

Responsibilities

• Pass accounting entries for loan disbursements, repayments, interest accruals, processing fees, and other NBFC transactions.
• Process vendor invoices and employee reimbursement claims.
• Verify supporting documents and ensure adherence to the approval matrix.
• Monitor customer receivables and collection entries.
• Reconcile customer balances with LMS and accounting records.
• Review GST applicability on borrower charges, vendor transactions, and other income streams.
• Prepare and file GST returns including GSTR-1, GSTR-3B, and annual returns.
• Deduct and account for TDS as per Income Tax provisions.
• Prepare and file quarterly TDS returns.
• Support preparation of monthly MIS and financial reports.
• Assist in statutory audit, internal audit, IFC audit, and tax audits.
• Monthly reconciliation of bank accounts, GST, TDS, vendor balances, and customer balances.
• Reconciliation between LMS and accounting software.

Qualifications

• Strong understanding of accounting principles and IndAS basics.
• Good knowledge of GST and TDS compliance.
• Experience in AR/AP management and reconciliations.