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Accounts Executive - Accounts Payable

Employer
Illusion Dental Laboratory
Location
Andheri Andheri Mumbai, Mumbai, India
Salary
200000 - 400000 INR per year
Closing date
Apr 16, 2024

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Job Role
Financial Accountant
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Job Description:-

Vendor Payment Processing:

l Proposing vendor payments while considering vendor aging, which involves managing the timing and prioritization of payments to vendors.

Tax Compliance:

l Preparing and filing the GSTR-1 (Goods and Services Tax Return) and other tax-related documents as required by the local tax authorities.

Vendor Communication:

l Sending payment confirmations to vendors to keep them informed about the status of their invoices.

Bank Liaison:

l Establishing and maintaining relationships with banks and handling bank-related transactions.

TDS Deductions:

l Deducting Tax Deducted at Source (TDS) as applicable and ensuring compliance with tax regulations.

ETDS Knowledge:

l Familiarity with Electronic Tax Deducted at Source (ETDS) processes and compliance requirements.

Reconciliation:

l Conducting bank account reconciliations to ensure that all financial transactions are accurately recorded and accounted for.

Reporting:

l Preparing financial reports and statements as required by senior management, which may include cash flow statements, accounts payable reports, and other financial analyses.

Digitization and Record Keeping:

l Managing the digitization of financial documents and maintaining organized and accessible records for audit and reference purposes.

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