Willingness to work and learn extensivelyLeadership responsibilities with day-to-day accounting duties,Invoicing, Reconciliation, MIS Reporting and Internal AuditingCreating staff payrolls and approving client or supplier paymentsPreparation of Direct & Indirect Tax Data and Finalization of AccountsOverseeing the financial and accounting practicesResponsible for ensuring the smooth running of accounting department. He/She needs to combine their leadership responsibilities with day-to-day accounting duties, such as data input and reporting. Investigating accounting irregularities, mistakes or potential fraudProducing regular financial reports, such as budgets or cash flow forecastsOffering advice and suggestions to management that can improve the accounting processes and financial stability of a companyEnsuring compliance with legal accounting standards
Analyzing client financial records for the last financial yearIdentifying potential tax deductions and savings clients have not consideredRequesting additional information from clients for processing tax returnsAdvising clients about tax laws and how to meet requirementsCompleting and submitting tax returns on behalf of clientsLiaising with HM Revenue & Customs (HMRC) on clients behalf to ensure itprocesses client returns efficiently and accuratelyDeveloping tax planning strategies to help clients secure their financialfutureIn-depth understanding of current tax laws, including laws about pay-as-you-earn, self-employment, business and investment taxesMath skills for calculating deductions and other tax calculationsStrong verbal and written communication skills, including the ability toexplain complex tax matters in accessible termsProblem-solving and analytical thinking skills to help clients legallymaximize their returns and reduce tax burdensOrganization and multi-tasking skills for working on several clients taxreturns at onceComputer and online literacy, including confidence using accountingsoftware and the HMRC online portal
- UK Accounting experience of 5+ years.- Experience in handling communication with the clients on emails and calls.- Experience in Book Keeping softwares and Finalisation softwares- Handling a team of 5 or above.- Software experience like Quickbooks, Sage, IRIS, Taxcals,Xero
Assistant Manager /Executive - Taxation : MNC chemical in AhmedabadJob Description:Key AccountabilitiesDirect Tax ( For Group of Companies) Withholding Tax Knowledge of withholding tax applicability All withholding tax related compliances 26AS / IAS reconciliation on periodic basis TDS Calculation of employee and Filling Return Other TDS/TCS provision and compliance with filling of returns Communication/correspondence with Clients or customer or vendor for TDS andTCS MatterTransfer Pricing ( For Group of Companies) Base work of annual transfer pricing related compliances Support in transfer pricing assessments Statement preparation for annual audit /assessment Interaction with TP auditorCorporate Tax ( For Group of Companies) Advance Tax computation and payment within statutory timeline Collating and compiling information related to corporate tax computation Support on Corporate tax return preparation and submissionIndirect Tax ( For Group of Companies) GST computation, analysis of ITC GST compliances for all the States GST RECO on monthly basis Annual GST audit by third party on time VAT/CST assessment preparation and interact with consultant Support in litigation handling Monthly, Quarterly and Yearly filling of returnsGeneral Others ( For Group of Companies) Proper accounting entries related to taxes Tax part clearance under all the audits Statutory, Tax, GST, TP, IAD, Audit byGovernment agency etc) Interaction with consultants for basic work Maintain litigation and compliance tracker. Track on changes in law Give advisory on tax Help in Finalisation of books of accounts and Yearly Tax Audit Report underIncome Tax Act. Reply of queries raised by statutory auditors. Other activities assigned by seniors.