Senior Accountant (Receipts, Transactions, Third-Party Payroll, and Compliance)
Job Summary:
We are seeking an experienced and highly organised Senior Accountant to manage all receipts, transactions, payroll processing, and compliance tasks. The ideal candidate will be responsible for ensuring compliance with GST, ESIC, and other statutory regulations, as well as managing third-party payroll services. Expertise in Tally is essential for day-to-day accounting tasks, and the candidate should have a strong track record of handling complex financial transactions, payroll, and compliance-related duties. This position requires a minimum of 7 years of experience in accounting and compliance. The role will also require the candidate to report to the office in Kothrud, Pune.
Key Responsibilities:
Manage Receipts and Transactions:
Process and record all receipts and financial transactions in the company’s accounting system, primarily using Tally software.
Verify and reconcile transactions to ensure accuracy and completeness.
Prepare journal entries and post to the appropriate accounts, ensuring alignment with financial standards.
Maintain and update financial records in Tally, ensuring they are accurate and compliant with accounting regulations.
Accounts Reconciliation:
Reconcile accounts on a monthly basis using Tally, ensuring all discrepancies are investigated and resolved.
Assist with the preparation of accurate financial statements for management review and reporting.
Payroll Processing:
Coordinate and manage third-party payroll services for employees, ensuring accurate calculations and timely disbursement of salaries.
Collect and verify employee attendance data, overtime, deductions, and benefits information.
Liaise with external payroll providers to ensure proper tax calculations, benefit deductions, and compliance with local, state, and federal payroll regulations.
Assist employees with payroll inquiries and resolve issues related to pay discrepancies.
Compliance Management:
Ensure full compliance with GST (Goods and Services Tax), ESIC (Employees' State Insurance Corporation), EPF (Employees' Provident Fund), TDS (Tax Deducted at Source), and other statutory regulations.
Prepare and file GST returns, ensuring accurate reporting of sales and purchases, and maintain proper documentation for audit purposes.
Ensure timely submission of ESIC, EPF, and TDS contributions, and handle related employee benefits.
Stay up to date with changes in tax laws and compliance regulations and ensure the company adheres to all legal requirements.
Maintain accurate records for all compliance-related activities and facilitate audits when necessary.
Financial Documentation and Auditing:
Assist with internal and external audits by providing relevant financial documents and information as requested.
Ensure that all financial records are properly documented, stored, and easily accessible for audit purposes.
Communication & Support:
Work closely with other departments to ensure all payroll-related and financial transactions are recorded and processed accurately.
Provide support for any payroll or accounting-related questions or concerns from employees or management.
Continuous Improvement:
Identify opportunities for process improvements related to receipts, transactions, payroll, and compliance functions.
Keep up to date with payroll laws, accounting regulations, and tax laws to ensure the company is always compliant.
Qualifications:
Experience: Minimum of 7 years of experience in accounting, with a focus on managing receipts, transactions, third-party payroll processing, and compliance.
Skills:
Proficient in Tally accounting software and familiarity with GST and ESIC compliance.
Strong knowledge of accounting principles, tax regulations, and payroll systems.
Experience with third-party payroll platforms (e.g., ADP, Paychex, Gusto) and familiarity with handling payroll taxes and benefits.
Ability to interpret financial data and prepare detailed reports for management.
Strong attention to detail and organizational skills.
Ability to maintain confidentiality and handle sensitive financial information.
Education: Bachelor’s degree in Accounting, Finance, or a related field preferred.
Certifications: CPA, CA, or similar certification is a plus, but not required.
Key Competencies:
Time Management
Problem-Solving
Attention to Detail
Communication Skills (written and verbal)
Confidentiality
Team Collaboration
In-depth knowledge of GST, ESIC, EPF, TDS, and other statutory regulations
Work Environment:
Location: This role requires the candidate to report to the office in Kothrud, Pune on a regular basis.
Full-time position with occasional overtime during peak periods (e.g., month-end or payroll periods).
Office-based with the possibility of slight hybrid work depending on company policy.