GST Accountant
GST Accountant
Posted on :
12-02-2025
Employer Active
1 Vacancy
Job Alert
You will be updated with latest job alerts via emailValid email field required
Send jobs
Share
Send me jobs like this
Job Alert
You will be updated with latest job alerts via emailValid email field required
Send jobs
Job Description
A leading Manufacturing industry is looking for GST Accountant who is responsible for managing and ensuring compliance with Goods and Services Tax (GST) laws for the company. The role involves preparing and filing GST returns maintaining accurate tax records and assisting in internal audits related to GST. This position also requires staying updated on changes in tax laws and providing support to the finance team in optimizing GST processes.
Key Responsibilities:
GST Return Filing:
- Prepare and file monthly quarterly and annual GST returns (e.g. GSTR1 GSTR3B GSTR9) in compliance with statutory deadlines.
- Ensure that all relevant data is accurately captured and reported in GST returns.
- Prepare and file monthly quarterly and annual GST returns (e.g. GSTR1 GSTR3B GSTR9) in compliance with statutory deadlines.
GST Compliance and Documentation:
- Ensure timely and accurate GST compliance with respect to tax payments invoices and GSTrelated documentation.
- Maintain detailed records of GST transactions including tax invoices purchase records and returns.
- Reconcile GST data between financial statements and GST returns to ensure consistency and accuracy.
- Ensure timely and accurate GST compliance with respect to tax payments invoices and GSTrelated documentation.
Input Tax Credit (ITC) Management:
- Monitor and track Input Tax Credit (ITC) to ensure its proper utilization and compliance.
- Reconcile input tax credits with supplier invoices and ensure credits are availed only on eligible transactions.
- Monitor and track Input Tax Credit (ITC) to ensure its proper utilization and compliance.
GST Payments and Refunds:
- Ensure timely payment of GST liabilities to avoid penalties or interest.
- Assist in filing GST refund claims and ensure that all supporting documents are provided for smooth processing.
- Ensure timely payment of GST liabilities to avoid penalties or interest.
GST Audits and Internal Reviews:
- Assist in internal audits and external GST audits by providing necessary documentation and records.
- Ensure all GSTrelated documents are organized and accessible for review by auditors or tax authorities.
- Assist in internal audits and external GST audits by providing necessary documentation and records.
GST Accounting:
- Record and account for GST transactions in the company s accounting system.
- Ensure accurate allocation of GST on sales and purchases in the general ledger.
- Prepare journal entries for GSTrelated transactions.
- Record and account for GST transactions in the company s accounting system.
GST Reporting:
- Prepare monthly or quarterly GST reports for management review.
- Analyze GSTrelated financial data and prepare reports on tax liabilities input credits and refunds.
- Prepare monthly or quarterly GST reports for management review.
GST Advisory and Support:
- Provide support and guidance to the finance and accounting teams on GSTrelated matters.
- Stay updated on changes in GST laws rules and regulations and communicate the impact to the team.
- Assist in identifying and addressing potential tax issues or areas for improvement in GST processes.
- Provide support and guidance to the finance and accounting teams on GSTrelated matters.
Coordination with Tax Authorities:
- Act as a liaison with tax authorities for any GSTrelated queries assessments or notices.
- Resolve any discrepancies disputes or issues raised by the tax department.
- Act as a liaison with tax authorities for any GSTrelated queries assessments or notices.
Requirements
Requirements:
Educational Qualifications:
- Bachelor s degree in Accounting Finance Commerce or a related field.
- Additional certifications in GST Taxation or similar (e.g. CA CS or GST certification) will be an advantage.
- Bachelor s degree in Accounting Finance Commerce or a related field.
Experience:
- 5 years of experience in GST accounting or taxation preferably within a corporate or public accounting environment.
- Handson experience with GST return filings input tax credit reconciliation and GST compliance.
- 5 years of experience in GST accounting or taxation preferably within a corporate or public accounting environment.
Technical Skills:
- Strong knowledge of GST laws regulations and compliance processes.
- Proficiency in accounting software (e.g. Tally QuickBooks SAP) and GSTrelated software.
- Familiarity with tax filing portals such as the GSTN portal for filing returns and refunds.
- Good understanding of financial statements and accounting principles.
- Strong knowledge of GST laws regulations and compliance processes.
Personal Skills:
- Strong attention to detail and accuracy in maintaining tax records.
- Excellent analytical and problemsolving skills.
- Strong organizational and timemanagement skills to meet deadlines.
- Effective communication skills for interacting with internal teams and external auditors/tax authorities.
- Strong attention to detail and accuracy in maintaining tax records.
Preferred Qualifications:
- Experience with handling GSTrelated matters in multiple states (if applicable to a larger business with operations across multiple regions).
- Previous experience working in a manufacturing retail or servicesbased company.
- Knowledge of international GST rules (if dealing with crossborder transactions).
Requirements: Educational Qualifications: Bachelor s degree in Accounting, Finance, Commerce, or a related field. Additional certifications in GST, Taxation, or similar (e.g., CA, CS, or GST certification) will be an advantage. Experience: 5+ years of experience in GST accounting or taxation, preferably within a corporate or public accounting environment. Hands-on experience with GST return filings, input tax credit reconciliation, and GST compliance. Technical Skills: Strong knowledge of GST laws, regulations, and compliance processes. Proficiency in accounting software (e.g., Tally, QuickBooks, SAP) and GST-related software. Familiarity with tax filing portals such as the GSTN portal for filing returns and refunds. Good understanding of financial statements and accounting principles. Personal Skills: Strong attention to detail and accuracy in maintaining tax records. Excellent analytical and problem-solving skills. Strong organizational and time-management skills to meet deadlines. Effective communication skills for interacting with internal teams and external auditors/tax authorities. Preferred Qualifications: Experience with handling GST-related matters in multiple states (if applicable to a larger business with operations across multiple regions). Previous experience working in a manufacturing, retail, or services-based company. Knowledge of international GST rules (if dealing with cross-border transactions).
Employment Type
Full Time
Key Skills
Report This Job
Disclaimer: Drjobpro.com is only a platform that connects job seekers and employers. Applicants are advised to conduct their own independent research into the credentials of the prospective employer.We always make certain that our clients do not endorse any request for money payments, thus we advise against sharing any personal or bank-related information with any third party. If you suspect fraud or malpractice, please contact us via contact us page.
