09 Oct 2024
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Taxation Executive, 1 to 4 years in Mumbai
TMF Services India Private Limited
Mumbai
3-4 Years
Business Services, Accounts Administrator, Career Development, TDS, ERP, GST Advisor, Finance, accounting & taxation
Job Description
Position: Taxation Executive
Qualification: B.com,M.com,MBA
Experience: 1 to 4 years
Location: Mumbai
Job description
Qualification: B.com,M.com,MBA
Experience: 1 to 4 years
Location: Mumbai
Job description
The ideal candidate will be responsible for managing the end-to-end accounts payable and receivable processes, ensuring accurate and timely processing of financial transactions, maintaining vendor relationships, and ensuring compliance with financial regulations.
Key Responsibilities:
- Accounts Payable (AP) Management:
- Process Purchase Orders (POs) and ensure proper booking and recording.
- Handle Supplier Receipts (SR) and Invoice Receipts (IR).
- Oversee invoicing, payments, and vendor payment intimations.
- Maintain accurate records of all AP transactions and resolve discrepancies.
- Vendor Onboarding:
- Facilitate the onboarding process for new vendors.
- Ensure all required documentation and compliance checks are completed.
- Accounts Receivable (AR) Management:
- Process Sales Orders (SO) and raise invoices in a timely manner.
- Ensure compliance with GST regulations and manage e-way bills.
- Monitor collections and follow up on outstanding receivables.
- Book Closures:
- Manage monthly book closures, including provisions and prepaid expenses.
- Prepare and review financial reports and reconciliations.
- Compliance Management:
- Ensure compliance with tax regulations including TDS, GST, and Professional Tax (PT).
- Stay updated on changes in financial regulations and implement necessary changes.
- Bank Reconciliation Statements (BRS):
- Perform regular bank reconciliations to ensure accuracy of financial records.
- Investigate and resolve discrepancies between bank statements and company records.
Key Requirements:
- Bachelor s degree in Accounting, Finance, or related field.
- Proven experience in accounts payable and receivable, including vendor management and financial compliance.
- Strong understanding of GST, TDS, and other relevant tax regulations.
- Proficiency in accounting software and MS Office Suite (Excel, Word).
- Excellent organizational skills and attention to detail.
- Strong communication and interpersonal skills.
- Ability to work independently and manage multiple tasks simultaneously.
- Experience with [specific accounting software] or ERP systems.
- Knowledge of industry-specific financial practices.
Whats in it for you
Pathways for career development
- Work with colleagues and clients around the world on interesting and challenging work.
- We provide internal career opportunities, so you can take your career further within TMF.
- Continuous development is supported through global learning opportunities from the TMF Business Academy.
Making an impact
- You ll be helping us to make the world a simpler place to do business for our clients.
- Through our corporate social responsibility program, you ll also be making a difference in the communities where we work.
A supportive environment
- Strong feedback culture to help build an engaging workplace.
- Our inclusive work environment allows you to work from our offices around the world, as well as from home, helping you find the right work-life balance to perform at your best.
Other Benefits
- Marriage Gift policy
- Paternity & Adoption leaves
- Interest free loan policy
- Salary advance policy
- Wellbeing initiatives