Accountant

Accountant will play a role in maintaining and managing financial records. This includes handling day-to-day accounting functions, maintaining accurate job costings, preparing financial reports, ensuring timely GST filings, and using Tally for bookkeeping and accounting entries. The ideal candidate should have experience in the construction industry, with hands-on knowledge of Tally and GST compliance.

1. Accounting & Financial Management:

• Bookkeeping:
• Record daily financial transactions in Tally, ensuring accuracy and proper categorization of all expenses, income, and journal entries.
• Reconcile accounts, including cash, bank, accounts payable (AP), and accounts receivable (AR) on a regular basis.
• Job Costing & Budgeting:
• Maintain detailed records for all construction projects, ensuring job costs (labor, materials, sub-contractors) are tracked and accurately allocated.
• Assist in creating and managing project budgets, and monitor project expenses to ensure projects are completed within budget.
• Financial Reports:
• Generate and review monthly, quarterly, and annual financial statements and reports.
• Prepare reports for management to help assess the financial health of the company and individual projects.
• Assist in financial audits and internal reviews.

2. Tally Software Management:

• Maintain and update all company financial records using Tally.
• Ensure accurate data entry for transactions, journal entries, and payroll within the Tally accounting system.
• Customize and streamline Tally reports for ease of understanding and efficient decision-making.

3. GST Filing & Compliance:

• GST Returns:
• Prepare and file GST returns (GSTR-1, GSTR-3B, and GSTR-9) on a monthly, quarterly, and annual basis, ensuring timely submissions.
• Reconcile GST input and output on construction projects, ensuring proper claim of input tax credits and meeting compliance requirements.
• TDS - Calculation and Return filling.
• GST Documentation:
• Ensure proper documentation of all GST-related transactions (purchase, sales, and payments).
• Review and validate GST invoices and ensure that GST payments are made promptly.
• GST Audits & Updates:
• Stay updated on GST laws and regulations, ensuring the company’s accounting practices comply with the latest changes.
• Provide support during GST audits and resolve any discrepancies with tax authorities.

4. Accounts Payable & Receivable:

• Manage and process accounts payable and ensure payments are made to vendors, contractors, and suppliers on time.
• Manage accounts receivable by tracking outstanding invoices and following up with clients for timely payments.

5. Administrative Support:

• Maintain organized financial records and files, ensuring all documents are easily accessible for audits or internal reviews.
• Provide regular updates and reports to the management team regarding the financial status of projects and company finances.
• Assist with payroll processing and employee reimbursements.

6. Education:

• Bachelor’s degree in Accounting, Finance, or a related field.
• Additional certification such as CA (Intermediate) or ICWA is a plus.
• Experience:
• Minimum of 3 years of experience in accounting, with a focus on the construction industry.
• Strong proficiency in using Tally ERP 9 (or other Tally versions) for day-to-day accounting tasks.
• Hands-on experience in GST filing and compliance.
• Skills:
• Strong proficiency in Tally ERP 9 (or latest Tally version).
• Knowledge of GST laws and procedures and ability to handle returns and audits.
• Proficiency in Microsoft Office, especially Excel.
• Strong organizational skills with the ability to manage multiple tasks and deadlines.
• Good communication skills, both verbal and written.
• Other:
• Ability to work as part of a team.
• Strong attention to detail and accuracy in accounting practices.
• Ability to handle sensitive financial information with confidentiality.