etrade Online - GST Accountant

JD on GST Accountant:

Position: GST Accountant

Job Description:

As a GST (Goods and Services Tax) Accountant, your primary responsibility will be to manage and ensure compliance with the GST regulations and requirements. You will play a crucial role in maintaining accurate financial records related to GST and ensuring timely and accurate filing of GST returns. Your tasks will include:

1. GST Compliance: Stay updated with the latest GST laws, rules, and regulations and ensure the organization's compliance. Interpret and apply GST laws to business transactions.

2. GST Registration: Assist in GST registration processes for the organization and its branches, including obtaining necessary documentation and coordinating with relevant authorities.

3. GST Returns: Prepare and file GST returns, including GSTR-1, GSTR-3B, GSTR-9, and other applicable returns, within the specified deadlines. Reconcile GST-related accounts and resolve any discrepancies.

4. Input Tax Credit (ITC): Review and reconcile purchase invoices and ensure proper claiming of ITC as per GST regulations. Maintain records of ITC availed and its utilization.

5. Tax Planning: Identify opportunities for tax savings, such as optimizing ITC utilization, and provide recommendations to management for effective tax planning.

6. Audit Support: Assist in GST-related audits conducted by tax authorities and provide necessary documentation and information as requested.

7. Vendor Compliance: Ensure vendors comply with GST regulations, including verification of GST registrations, proper documentation, and correct taxation on invoices.

8. Internal Coordination: Collaborate with finance, procurement, and other departments to ensure accurate and timely GST compliance, reporting, and documentation.

9. Record Keeping: Maintain accurate and organized records of GST-related transactions, invoices, returns, and other supporting documents.

10. Training and Awareness: Conduct training sessions for employees on GST-related matters to promote awareness and compliance within the organization.

Qualifications and Skills:

- Degree in Accounting, Finance, or a related field.

- Strong knowledge of GST laws, rules, and regulations.

- Experience in GST compliance and return filing.

- Proficiency in accounting software and MS Excel.

- Attention to detail and Strong analytical skills.

- Excellent organizational and time management abilities.

- Good communication and interpersonal skills.

- Ability to work independently and collaboratively in a team environment.