Rajasthan Ispat Udyog
Sr. Accountant at Rajasthan Ispat Udyog in Jaipur
ExperiencedOn-siteJaipur
Skills
accountantfinancial analysistdsgstauditingregulatory complianceaccountingsales
Job Description
- Reconcile Goods and Services Tax (GST) output and input tax credits by comparing GST collected on sales with GST paid on purchases.
- This process ensures accurate tax reporting, addresses discrepancies, and optimizes tax credits for compliance with GST regulations.
- * Assist in preparing and uploading the Annual Return, summarizing the companys financial activities.
- This involves gathering data, ensuring regulatory compliance, and accurately reflecting the financial position.
- Timely submission is essential to meet legal obligations and avoid penalties.Prepare and file the TDS/TCS return accurately, ensuring compliance with statutory reporting timelines.
- * Monitor cash flow, liquidity and financial performance metrics to ensure optimal financial health.
- * Conduct regular reviews of financial data to identify trends, anomalies and areas for improvement.
- Auditing and compliance: * Conduct internal audits to ensure adherence to accounting principles, policies and regulatory standards.
- * Collaborate with external auditors to facilitate annual audits and address any audit findings.
- * Stay updated on changes in accounting regulations and ensure compliance with industry standards.
- Financial Analysis and Reporting: Analyze financial data to provide insights and recommendations for improving operational efficiency and profitability.
- Prepare comprehensive financial reports and presentations for senior management and stakeholders.
- Develop and implement financial models to support strategic decision-making and long-term planning.
- Tax Deduction at Source Task Review TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) on all non-salary payments to ensure compliance with tax regulations.
- Regularly check compliance on the Income Tax portal to ensure accurate and up-to-date reporting of deductions and collections.
- Prepare the monthly TDS/TCS deposit challan and ensure timely submission to avoid penalties