Accountant

Accountant – Accounts, Taxation & MIS
Company Name: Arka Communication Private Limited
Department: Finance & Accounts
Job Location: Mumbai / Thane, Maharashtra
Employment Type: Full-time, Work from Office
Experience Required: 3–5 years
Qualification: B.Com / M.Com or equivalent qualification in Accounting and Finance
Reporting To: Management
1. Job Summary
Arka Communication Pvt. Ltd. is looking for a skilled, detail-oriented, and responsible Accountant to independently manage day-to-day accounting operations, taxation, statutory compliance, financial reporting, and management information systems (MIS).
The ideal candidate should have strong practical experience in Tally Prime, GST computation and filing, TDS computation and return filing, bank reconciliation, ledger management, and preparation of monthly MIS reports.
The candidate must be capable of maintaining accurate financial records, ensuring timely statutory compliance, identifying accounting discrepancies, and providing reliable financial information to management for business decisions.
2. Key Roles & Responsibilities
A. Accounting & Bookkeeping
Manage daily accounting transactions in Tally Prime / Tally ERP.
Record and maintain sales invoices, purchase bills, expense vouchers, journal entries, payment entries, and receipt entries.
Maintain general ledger, customer ledger, vendor ledger, and expense accounts.
Ensure proper accounting classification and allocation of all business expenses.
Maintain accurate books of accounts and ensure all transactions are recorded on time.
Review and verify invoices, supporting documents, payment vouchers, and receipts.
Perform regular ledger scrutiny and identify incorrect, duplicate, or missing entries.
Maintain proper documentation and digital records of financial transactions.
Handle accounts payable and accounts receivable, including vendor payments and customer outstanding follow-ups.
Conduct monthly bank reconciliation and reconcile credit card, payment gateway, and other financial accounts wherever applicable.
Maintain fixed asset records, advances, employee reimbursements, and other accounting schedules.
Assist in monthly, quarterly, and annual book closures.
B. GST Compliance & Taxation
Calculate monthly GST liabilities based on sales, purchases, and applicable input tax credits.
Prepare and file GST returns, including GSTR-1 and GSTR-3B, within applicable due dates.
Reconcile purchase registers with GSTR-2B and identify eligible input tax credits.
Verify GSTIN, HSN/SAC codes, tax rates, place of supply, and other relevant invoice details.
Reconcile sales data, purchase data, books of accounts, and GST returns.
Identify GST mismatches, missing invoices, ineligible ITC, and other compliance issues.
Maintain GST records, challans, return acknowledgements, and supporting documentation.
Coordinate with the Chartered Accountant for GST annual returns, reconciliations, assessments, notices, and other applicable requirements.
Track GST compliance deadlines and ensure timely payments and filings.
C. TDS Computation & Compliance
Identify transactions attracting TDS and determine the applicable sections and rates under prevailing tax provisions.
Compute TDS on professional fees, contractor payments, rent, commission, salaries, and other applicable transactions.
Ensure correct TDS deductions at the time of booking or payment, as applicable.
Prepare TDS payment workings and ensure timely deposit of deducted amounts.
Prepare and coordinate quarterly TDS return filings, including applicable Forms 24Q, 26Q, and 27Q.
Reconcile TDS ledgers with challans, returns, and Form 26AS/AIS information wherever relevant.
Verify PAN details and maintain vendor-wise TDS records.
Assist with TDS certificates, correction statements, notices, and related compliance.
Monitor statutory due dates and coordinate with the CA for timely completion.
D. MIS Reporting & Financial Analysis
Prepare monthly, weekly, and periodic MIS reports as required by management.
Prepare revenue, expense, profitability, and cash flow reports.
Maintain client-wise revenue and expense statements.
Track project-wise and client-wise costs, billing, collections, and profitability.
Prepare outstanding receivables and payables reports.
Monitor vendor payments, customer collections, advances, and ageing reports.
Prepare budget-versus-actual reports and highlight significant variances.
Track monthly fixed costs, variable expenses, and other operating costs.
Provide accurate financial data to management for business planning and decision-making.
Develop and maintain Excel-based reporting formats, trackers, and reconciliations.
Highlight unusual expenses, overdue receivables, cost overruns, and accounting discrepancies.
E. Invoicing, Billing & Payment Management
Prepare and issue client invoices in accordance with approved commercial terms.
Verify purchase orders, work orders, estimates, and supporting documents before billing, wherever applicable.
Ensure correct GST details, invoice numbering, and accounting treatment.
Maintain client-wise billing trackers and follow up on pending invoices.
Track payment commitments and coordinate with internal teams for collections.
Verify vendor invoices and ensure correct GST and TDS treatment.
Prepare vendor payment schedules and maintain payment records.
Monitor advances, credit notes, debit notes, and outstanding balances.
Ensure timely recording of revenue, expenses, and related transactions.
F. Financial Control & Reconciliation
Conduct monthly scrutiny of ledgers and identify unusual balances.
Reconcile bank accounts, vendor statements, customer accounts, GST, and TDS balances.
Verify supporting documentation for payments and expenses.
Monitor employee advances, reimbursements, and outstanding settlements.
Maintain proper financial documentation for internal reviews and audits.
Support internal financial controls and ensure adherence to company accounting procedures.
Identify discrepancies and resolve them promptly in coordination with relevant departments.
G. Audit & Statutory Support
Coordinate with the company's Chartered Accountant for monthly, quarterly, and annual compliance.
Provide schedules, ledgers, invoices, bank statements, and supporting documents for audits.
Assist in preparation of financial statements and year-end closing entries.
Support income-tax return preparation and other applicable statutory requirements.
Maintain records required for statutory audits, tax audits, and financial reviews.
Track audit observations and ensure timely resolution of pending items.
3. Required Skills & Technical Competencies
Strong working knowledge of Tally Prime / Tally ERP.
Practical experience in GST computation, reconciliation, and return filing.
Hands-on experience in TDS computation, payment, and quarterly return filing.
Good understanding of accounting principles, journal entries, ledgers, and trial balance.
Proficiency in MS Excel, including Pivot Tables, lookup functions, SUMIF/SUMIFS, filters, and data reconciliation.
Experience preparing monthly MIS reports and financial statements.
Strong analytical, numerical, and problem-solving skills.
Good documentation, record-keeping, and deadline-management skills.
Ability to work independently and manage multiple accounting activities.
High level of accuracy, confidentiality, integrity, and accountability.
4. Educational Qualification & Experience
B.Com / M.Com or equivalent qualification in Accounting or Finance.
2–5 years of relevant hands-on accounting experience.
Prior experience handling end-to-end accounting and taxation compliance independently is preferred.
Experience in a service-based company, advertising agency, media company, or professional services organisation will be an added advantage.
Candidates with practical knowledge of GST and TDS portal procedures will be preferred.
5. Key Performance Indicators (KPIs)
The candidate's performance will be evaluated on the following parameters:
Timely and accurate accounting entries.
Timely GST return filing and reconciliation.
Accurate TDS computation, deposit, and return filing.
Timely preparation of monthly MIS reports.
Accuracy of bank, customer, vendor, GST, and TDS reconciliations.
Timely preparation of client invoices and vendor payment schedules.
Reduction in accounting errors and unresolved discrepancies.
Timely closure of monthly accounts.
Proper maintenance of accounting records and audit documentation.
Timely reporting of outstanding receivables, payables, and cash flow requirements.
6. Personal Attributes
Detail-oriented and systema

Work arrangement
No