Job Description – Accounts Associate
About the Role
We are seeking a detail-oriented and motivated Accounts Associate to join our Finance team. The ideal candidate will support day-to-day accounting operations, maintain accurate financial records, assist in statutory compliance, and contribute to financial reporting activities. This role requires strong analytical skills, attention to detail, and a commitment to ensuring accuracy and compliance with accounting standards and regulatory requirements.
Key Responsibilities
Accounting & Bookkeeping
- Record and post purchase, sales, and journal transactions accurately in the accounting system, ensuring proper documentation and adherence to company policies and accounting standards.
- Verify invoices against supporting documents such as purchase orders, sales agreements, and approvals prior to processing.
- Record and maintain expense invoices by accurately categorizing expenses and ensuring timely processing and reconciliation.
- Maintain well-organized financial records to support audits, reconciliations, and statutory requirements.
- Perform periodic bank reconciliations by matching bank statements with ledger balances, identifying discrepancies, and preparing reconciliation reports.
- Record necessary journal entries and adjustments arising from reconciliation activities and escalate unresolved variances when required.
- Support month-end and year-end closing activities by ensuring all accounting records are complete, accurate, and up to date.
- Assist in preparing and maintaining financial schedules and supporting documentation for internal and external audits.
Statutory Compliance
- Collect, verify, and maintain statutory information related to government platforms such as GOSI, MUDAD, and MUQEEM.
- Ensure employee salary, contribution, residency, and compliance-related data are accurately updated and submitted within prescribed timelines.
- Maintain proper documentation to support statutory filings and regulatory compliance requirements.
VAT Computation
- Assist in preparing VAT computation statements by analyzing sales, purchase, and expense transactions.
- Calculate input and output VAT accurately in accordance with applicable tax regulations.
- Verify VAT-related invoices and supporting documents to ensure accuracy of tax calculations.
- Support identification of eligible input tax credits, exemptions, and adjustments where applicable.
- Assist in VAT return preparation and ensure timely compliance with statutory filing requirements.
MIS & Financial Reporting
- Assist in preparing periodic Management Information System (MIS) reports by collecting, analyzing, and organizing financial and operational data.
- Support the development of reports, dashboards, charts, and summaries to provide meaningful business insights.
- Identify basic trends, variances, and financial observations to support management decision-making.
- Assist in preparing periodic financial reports required by management.
Requirements
- Bachelor’s degree in Commerce, Accounting, Finance, or a related field (B.Com, M.Com, MBA Finance, CA Inter, ACCA, CMA, or equivalent).
- 1–2 years of experience in accounting, bookkeeping, or finance operations.
- Strong understanding of accounting principles and financial reporting.
- Experience with accounting software such as Odoo, Tally, Zoho Books, QuickBooks, or similar ERP systems.
- Good knowledge of bank reconciliation, bookkeeping, and financial documentation.
- Basic understanding of VAT regulations and statutory compliance.
- Proficiency in Microsoft Excel, including formulas, Pivot Tables, and financial reporting.
- Strong analytical, organizational, and problem-solving skills.
- High attention to detail and ability to maintain confidentiality of financial information.
- Good communication and interpersonal skills.
Pay: ₹12,000.00 - ₹18,000.00 per month
Benefits:
Application Question(s):
- Do you have working knowledge of Tally?
- Are you proficient in Microsoft Excel (VLOOKUP/XLOOKUP, Pivot Tables, IF formulas, etc.)?
- Are you comfortable working from 11:30 AM to 8:00 PM?
- What is your current salary?
- Are you available to join immediately?
Work Location: In person
