MAQ Software jobs - Staff Accountant- Walkin Drive

Position: Staff Accountant

We are looking to expand our accounting team to drive various initiatives across three sectors:

Job Description:

We're seeking three motivated Staff Accountant to join our growing accounts, administration, and compliance team!

In this dynamic role, you'll play a key role in ensuring our diverse company structures (private limited companies, LLPs, and charitable trusts) comply with local regulations. You'll gain valuable experience working across various entities, making this a fantastic learning and development opportunity.

Responsibilities:

Accurate Payroll Processing:

• Gather monthly attendance and salary information for external payroll providers.

• Review and verify payroll data for accuracy and tax compliance.

• Analyze employee and consultant deductions (TDS, rent allowance, etc.).

• Resolve payroll discrepancies and address employee/consultant concerns.

• Stay updated on changes in payroll tax regulations.

Meticulous Bookkeeping:

• Review and manage bank transactions within our online accounting system.

• Reconcile bank statements and other financial accounts on a regular basis.

• Generate income statements, balance sheets, and cash flow reports.

• Prepare insightful financial reports for management review.

Efficient Accounts Payable (AP) & Accounts Receivable (AR) Management:

• Process vendor invoices after accounting for GST and TDS.

• Utilize Zoho to generate purchase orders.

• Manage invoice processing by entering scanned copies and supporting documents into our cloud-based system.

• Analyze customer payments and identify overdue accounts.

• Proactively follow up on outstanding receivables.

Ensuring Tax Compliance:

• File monthly and annual GST returns for various companies.

• Review income tax returns prepared by external accountants.

• Maintain awareness of evolving tax laws and regulations.

• Collaborate with external tax advisors.

• Submit quarterly and annual FCRA reports.

Streamlined Audit Support:

• Facilitate external audits by providing necessary documentation.

• Address audit findings and implement corrective actions.

• Maintain robust internal controls to ensure financial accuracy.

Cost-Effective Expense Management:

• Monitor and control expenses to adhere to budgetary constraints.

• Review and approve employee expense reports.

• Identify cost-saving opportunities.

Financial Analysis for Strategic Decisions:

• Conduct financial analyses to support strategic business decisions.

• Provide insights into financial performance trends.

• Assist in evaluating the financial implications of business initiatives.

Effective Communication & Collaboration:

• Collaborate with other departments to obtain essential financial information.

• Clearly communicate financial information to non-financial stakeholders.

• Participate in cross-functional teams focused on process improvement.

This is a fantastic opportunity for individuals eager to learn diverse accounting functions and gain experience working within a variety of organizations.

Candidate Profile:

• Education: Bachelor’s or master’s degree in commerce or accounting; relevant experience may be considered in lieu of a Master's degree.

• Accounting Knowledge: Strong understanding of accounting principles and local regulations (e.g., GST, TDS, Income Tax, FCRA).

• Analytical Skills: Excellent analytical and problem-solving abilities to identify and address financial issues.

• Accuracy & Attention to Detail: Meticulous approach to ensure accuracy in all financial tasks.

• Communication & Collaboration: Effective communication skills to explain financial data to both technical and non-technical audiences. Ability to collaborate effectively with colleagues across departments.

• Technical Skills: Proficiency in Microsoft Excel and accounting software (Zoho preferred).

Experience with Tally accounting software is a plus.

Ideas for candidates Interested in preparing for interview: