TDS Job Vacancies in Goregaon West

We are seeking a Junior Accountant for our office in Goregaon West. The ideal candidate should have between 2 to 8 years of accounting experience. This is a full-time position, and you will be expected to work from the office.**Key Responsibilities:**- **Maintain Financial Records:** You will be responsible for keeping accurate records of financial transactions, ensuring all entries are documented and organized properly.- **Prepare Financial Statements:** You will assist in preparing balance sheets, income statements, and cash flow statements to provide a clear picture of the companys financial situation.- **Reconcile Bank Statements:** You will regularly compare bank statements to internal records to ensure accuracy and identify any discrepancies.- **Assist with Audits:** You will help in preparing documentation and support for internal and external audits, ensuring compliance with financial regulations and standards.- **Manage Accounts Payable and Receivable:** You will help track payments and invoices, ensuring that all accounts are settled in a timely manner.**Required Skills and Expectations:**The ideal candidate should have a strong understanding of accounting principles and practices. Proficiency in accounting software is essential, as is a basic knowledge of financial reporting. You should possess good analytical skills with attention to detail. Effective communication skills are important, as you will work closely with team members and other departments. A problem-solving attitude and the ability to manage multiple tasks are also key to succeeding in this role. A degree in accounting or finance is preferred.

Full 1. Billing & InvoicingPrepare customer invoices based on job files, shipping documents (HBL/MBL), and agreed rates.Generate debit/credit notes where applicable.Ensure timely and accurate billing for sea, air, and land freight shipments.2. Accounts ReceivableMonitor customer accounts and follow up on outstanding payments.Coordinate with sales and operations teams for collection support.Maintain aging reports and highlight overdue accounts to management.3. Accounts PayableProcess vendor invoices, including payments to shipping lines, transporters, CFS, customs agents, etc.Verify charges against supporting documents (D/O, invoices, job files).Schedule payments in line with due dates and cash flow plans.4. Bank & Cash TransactionsRecord and reconcile bank transactions.Handle petty cash disbursement and maintain petty cash records.Prepare bank reconciliation statements.5. Job Costing & ProfitabilityUpdate job costing sheets per shipment.Analyze actual vs. expected profits on shipments.Provide profitability reports to management.6. Compliance & ReportingEnsure compliance with local tax laws (e.g., GST, VAT, TDS, etc.).Assist in monthly and annual closing of accounts.Coordinate with auditors during audits.Maintain proper documentation for all financial transactions.Requirements:Bachelors degree in Accounting, Finance, or Commerce.24 years of experience in accounting, preferably in the freight forwarding or logistics industry.Familiarity with accounting software (e.g., Tally, QuickBooks, ERP systems).Knowledge of international freight documentation (MBL, HBL, D/O, etc.) is a strong advantage.Strong analytical, organizational, and communication skills.Proficient in MS Excel and other office applications.

* Strong oral and written communication skills.* Ability to multitask and work efficiently and effectively to meet required deadlines.* Knowledge of direct tax provisions, TDS returns, and other TDS compliances, Knowledge of MS Excel.Work Experience Required: 0-1 yearJob Location(s): Nariman Point, MumbaiFunctional Area: Accounts, Finance, TaxQualification: B. Com, M. ComJob Types: Full-time, Regular / Permanent, FresherSalary: 15000- 18000 per monthBenefits:1. Health insurance2. Provident FundAbility to commute/relocate:Nariman Point, Mumbai

Working closely with business and finance teams to ensure timely TDS compliances, support in TDS issues resolution and ensuring end-to-end control with respect to TDS/ TCS transactions incl. foreign remittancesReview and reconciliation of TDS/ TCS Liability with GL, trend analysis of the TDS / TCS payments and reasons for variances, ensuring the reconciling differences are resolved by close coordination/ collaboration with the relevant stakeholdersReview/ Preparation, Reconciliation and ensuring timely filing of TDS / TCS Returns (26Q, 27Q) after due validation and ensuring proper discussion, review and sign-off of the Senior Manager/ Manager TaxationSolving queries raised by vendors in relation to TDS mismatch by closely working with the relevant stakeholders engaged in the process.Ensuring end-to-end control with respect to all TDS / TCS compliances and being accountable to Senior Manager, Manager TaxationWorking closely with the relevant teams/ stakeholders to guide and verification of the documents required for TDS compliances, including TRC, 10F and No PE Declaration, Determination of TDS percentage to be deducted on the basis of documents received, Further analysis of TDS percentage to be deducted on the basis of Income Tax Act or Treaty, Issuance of Form 15CA-CB. Ensuring end-to-end repository of documents and Form 15CA/ 15CB in relation to the foreign remittancesTracker updation, internal audit requirement, Query solving on mail received from different teams etc.Ensuring Reconciliation and Control over 206(1H) and 194QFollow-up with Dept and Consultant for Refund and Settling of past Litigation matters.Reply to Notices received from TRACES and other Govt Portal. Also to track new notices received from IT Portal.Preparation of tax audit schedules w.r.t. TDS/ TCS provisions of the Income-tax Act, 1961Ensuring resolution of open traces demands and ensuring no new demands arise upon filing of quarterly TDS/ TCS returns. If such situation

GST compliances, GST audit, refunds, replying to notices etc.Preferred candidates - Good English communication, good GST knowledge,