Tally Accountant (Exper.)

TalentMark Academy; Dewas; On-site; INR 200,000 - 320,000; Full time

Job summary

TalentMark Academy invites applications for a Tally Prime Accountant role, ideal for freshers aiming to start a career in accounting. You will manage data entry, GST compliance, and payroll processing while maintaining accurate financial records and supporting management with timely reports.

The position covers GST and income tax tasks, accounts payable/receivable, and general ledger activities, with opportunities to grow in a dynamic placement-focused environment.

Qualifications

• Bachelor's degree in Accounting or Finance preferred but not mandatory for freshers.
• Strong attention to detail and accuracy.
• Proficiency in using Tally Prime accounting software.
• Basic knowledge of accounting principles and practices.
• Excellent organizational and time management skills.
• Strong communication and teamwork abilities.
• Freshers encouraged to apply.

Responsibilities

• Enter financial transactions into TallyPrime with precision.
• Maintain accurate financial records and reconcile bank statements.
• Manage accounts payable and receivable and resolve queries.
• Post journal entries and prepare income statements, balance sheets, and cash flow statements.
• Oversee GST filings and ITC reconciliation.
• Process payroll and generate payslips.
• Ensure compliance with tax regulations and regulatory deadlines.

Skills

Attention to detail

Time management

Teamwork

Strong communication

Education

Bachelor's degree in Accounting/Finance

Tools

Tally Prime

Job description

TalentMark Academy Placement Department | Full time

As a Tally Prime Accountant, you will play a crucial role inmaintaining accurate financial records and contributing to the overallfinancial stability of our organisation. This is an excellentopportunity for freshers to begin their career in accounting.

As a Tally Accountant (GST Specialist), you will play a pivotal role in overseeing GST-related activities, ensuring accuracyand compliance with tax regulations, and contributing to thefinancial well-being of our company.

Key Responsibilities

Accounting Management

1. Data Entry and Record Keeping:

• Enter financial transactions into TallyPrime with precision and maintain organised documentation.
• Ensure that all financial records areaccurate and up to date.
• Create basic vouchers like purchase,sales, debit note, credit note, payments & receipts.
• Regularly reconcile bank statements withour financial records to identify discrepancies or errors.
• Investigate and resolve any discrepanciesin a timely manner.
• Maintain cheque books, management of postdated payment.

3. Accounts Payable and Receivable:

• Manage accounts payable and receivable bytracking invoices, payments, and outstanding balances.
• Communicate with vendors and customers toresolve payment-related queries.

4. General Ledger Maintenance:

• Post journal entries tothe general ledger and ensure all accounts are balanced.
• Reconcile sub-ledgersand maintain accuracy in the general ledger.
• Prepare variousfinancial reports, including income statements, balance sheets, andcash flow statements.
• Present these reports tothe management team to support decision-making.

Inventory Management

1. Inventory Management:

• Maintain accurateinventory records and monitor stock levels to prevent shortages or overstocking.
• Reconcile physicalinventory with system data and investigate discrepancies.
• Manage batch-wisedetails, tracking the production, purchase, and sale of each batch.
• Ensure traceability forquality control and regulatory compliance.

3. Expiry Date and Batches:

• Monitor expiry dates ofinventory items and ensure proper rotation to minimise wastage.
• Keep detailed records ofbatches to enable recall and quality control.

4. Price Lists and Multiple Price Levels:

• Create and maintainprice lists for products.
• Implement and manage multiple price levels for different customer groups or pricing strategies.

5. Store-Wise Inventory Reports:

• Generate store-wiseinventory reports to optimise stock replenishment and transfers.
• Analyse inventory datato make informed decisions about stock levels and distribution.

6. Formula Manufacturing:

• Oversee formulamanufacturing processes, ensuring accurate ingredient usage andcompliance with regulatory standards.
• Maintain detailedrecords of formulas and production batches.

7. Job Outsourcing:

• Coordinate joboutsourcing, including assigning tasks to external contractors andtracking progress.
• Ensure quality controland timely completion of outsourced jobs.

8. Job Costing:

• Implement job costingpractices to calculate and allocate costs accurately.
• Track expenses, labor,and materials related to specific projects or jobs.

GST & Income Tax Management

1. Tax Compliance:

• Assist with tax-relatedtasks, including the calculation and filing of GST, TDS, and otherapplicable taxes.
• Stay current with taxregulations and ensure compliance.

2. GST Compliance:

• Maintain an in-depthunderstanding of GST laws, rules, and regulations, keeping abreast ofany changes.
• Prepare and file GSTreturns accurately, adhering to regulatory deadlines.
• Monitor and reconcileInput Tax Credit (ITC) availability with GST returns.

3. GST Reports:

• Generate, review, andvalidate various GST reports, such as GSTR-1, GSTR-3B, and GSTR-2B,ensuring completeness and accuracy.
• Resolve discrepancies inGST report data promptly.
• Efficiently create E-WayBills for both inter-state and intra-state transportation of goods,complying with E-Way Bill rules.
• Maintain accurate E-WayBill records and coordinate with the transportation and sales teamsfor seamless logistics.

5. E-Invoicing:

• Take charge of theE-Invoicing process, including the generation, transmission, and reconciliation of invoices, ensuring compliance with mandatedE-Invoicing requirements.

6. Income Tax Compliance:

• Maintain an in-depthunderstanding of income tax laws, rules, and regulations, keepingabreast of any changes.
• Prepare and file incometax returns accurately, adhering to regulatory deadlines.
• Address incometax-related inquiries and collaborate with tax authorities.

7. Income Tax Reports:

• Generate, review, andvalidate various income tax reports, ensuring completeness and accuracy.
• Resolve discrepancies inincome tax report data promptly.
• Create TDS challans foraccurate deduction and timely remittance of TDS to the government.
• Verify and reconcile TDSrecords with the company's financial transactions.
• Handle TCS challancreation, ensuring accurate collection and remittance of TCS incompliance with regulatory requirements.
• Maintain precise TCSrecords and reconcile with sales and customer data.

Employee Payroll Management

1. Payroll Management:

• Maintain accuratepayroll records, including attendance, leave, and overtime.
• Calculate employeesalaries, deductions, and bonuses based on attendance and otherrelevant factors.

2. Employee Slips:

• Generate and distributeemployee payslips detailing salary components, deductions, and net pay.
• Address employeeinquiries and provide assistance regarding pay-related matters.

3. PF (Provident Fund) Management:

• Ensure compliance withPF regulations by accurately calculating and deducting PFcontributions from employees' salaries.
• Prepare and file PFreturns and assist employees in PF-related matters.

4. ESI (Employee State Insurance) Compliance:

• Manage ESI compliance bycalculating and deducting ESI contributions as per regulations.
• Prepare and file ESIreturns and assist employees in ESI-related matters.

5. Statutory Management:

• Stay updated on laborlaws and statutory requirements related to employee compensation and benefits.
• Ensure compliance withother statutory requirements, such as professional tax, as applicable.

6. Attendance-Based Salary:

• Create monthly employeesalaries based on attendance records and relevant payroll components.
• Verify andcross-reference salary calculations for accuracy.

7. Salary Disbursement:

• Oversee the disbursementof salaries, ensuring timely payments to employees

Qualifications

• 2. Bachelor's degree in Accounting, Finance, or related field is preferred but not mandatory for freshers.
• 3. Strong attention to detail and accuracy.
• 4. Proficiency in using Tally Prime accounting software.
• 5. Basic knowledge of accounting principles and practices.
• 6. Excellent organizational and time management skills.
• 7. Strong communication and teamwork abilities.
• 8. Ability to adapt to new technologies and learn quickly.
• 9. Freshers with a passion for accounting and a willingness to learn are strongly encouraged to apply.

Benefits

• 1. Competitive Salary: We offer a competitive salarythat reflects your skills and experience as a Tally Prime Accountant.
• 2. Career Growth: Company is committed to employeedevelopment. You will have opportunities to grow and advance yourcareer in accounting.
• 3. Learning Opportunities: We support continuouslearning and professional development. You can stay updated withthe latest accounting practices and technologies.
• 4. Work-Life Balance: We understand the importance ofwork-life balance and provide a supportive work environment thatallows you to maintain it.
• 5. Health Benefits: We offer health insurance andwellness programs to ensure your well-being.
• 6. Flexible Hours: Depending on the role and yourresponsibilities, we may offer flexible working hours.
• 7. Professional Network: Joining our will allow youto build a professional network in the accounting and finance industry.
• 8. Diverse and Inclusive Environment: We valuediversity and foster an inclusive work culture where everyemployee's perspective is respected.
• 9. Collaborative Team: You will work with asupportive and collaborative team that values teamwork and mutual growth.
• 10. Employee Recognition: We appreciate and recognizeour employees' hard work and dedication to the company's success.
• 11. Opportunity to Make an Impact: Your role as aTally Prime Accountant will contribute to the financial health andsuccess of the organization.
• 12. Job Security: Company is a stable and growingcompany, providing job security and stability.
• 13. Involvement in Company's Financial Decisions:Depending on your experience and expertise, you may have theopportunity to provide insights and recommendations for financial decisions.
• 14. Contribution to Compliance: You will play a keyrole in ensuring the company's financial operations arecompliant with accounting and taxation regulations.
• 15. Convenient Location: Company is convenientlylocated, making your daily commute easier.
• 16. Team Building Activities: We organiseteam-building and social activities to foster a positive andcohesive work environment.
• 17. Mentorship and Support: We provide mentorship andsupport for professional and personal growth.