Finance Associate

Responsibilities

• GST compliances – prepare GST returns, monthly returns & annual returns
• GST reconciliations – input tax credit reconciliation with GSTR-2B and GSTR-3B, classify eligible, in-eligible and partial ineligible input tax credits
• Prepare GST refund workings for the respective location.
• Support during GST audit by the dept – prepare required reconciliation, compile supporting documents and transaction details
• Record accounting entries relating to GST transaction, reconciliation during month-end close
• STPI & Custom compliances – prepare STPI & Custom returns; import approvals and compliances; liaison with Customs clearing agent and collaborate within the team for import clearance; bonding / de-bonding requirements, track Capital Goods imports & bond balances
• Record month-end close accounting entries; prepare reconciliation schedules for monthly consolidation reporting; support the team for accounting activities during India and the US fiscal year end close
• Accounts payable – Review accounts payable; review vendor invoices, GST input tax credit and withholding (TDS) taxes in the procurement tool
• Registrations and renewals – Liaison with STPI office for registrations & renewal, coordinate with external consultants for various statutory registrations / amendments such as GST, IEC, Customs etc.
• Internal audit and statutory audit- collaborate within the team and provide support during statutory and internal audit conducted by the external auditors
• Prepare inter-company invoices for cost reimbursement and prepare other domestic billing
• Additional office / branch compliances – support the team in Liaoning with consultants & collaborate within the team for various statutory registrations, Finance & Accounting activities, tax & compliance activities for the additional office, cost transfer invoices, Inter-branch invoicing

Skills

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