Job Description

We are looking for a dedicated and detail-oriented Accountant to manage GST compliance, e-invoicing, reconciliations, documentation, and coordination with the Israel team for accounting and statutory requirements. The position requires working from the office. Training on Priority ERP software will be provided to candidate.

Key Responsibilities

GST & Invoice Management

• Preparation and generation of E-Invoices through Tally software.
• Preparation and generation of E-Way Bills through Tally software.
• Ensure all invoices are prepared accurately and within the prescribed timelines.

Purchase Register & Reconciliation

• Coordinate with the Israel team on a regular basis to obtain the Purchase Register from the Priority ERP software.
• Review and verify GSTR-2A periodically and reconcile the same with the Purchase Register received from the Israel team.
• Immediately inform the Israel team if any invoices appear in GSTR-2A but are not recorded in the Purchase Register.

Monthly GST Reconciliation

• After month-end, obtain the final Purchase Register from the Israel team on the mutually agreed timeline (for example, by the 5th of the following month).
• Download GSTR-2B from the GST portal on or after the 14th of every month and perform final reconciliation with the Purchase Register and books of accounts.

TDS Compliance & Reconciliation

• Ensure proper accounting and reconciliation of all TDS-related transactions with the government portal and records.
• Verify that TDS deducted, deposited, and reflected in the books are properly matched with the government website on a periodic basis.
• Coordinate for correction or resolution of any TDS mismatches or discrepancies.

Reconciliation Observations & Follow-Up

During reconciliation, identify and report the following discrepancies:

Invoices appearing in GSTR-2B but not recorded in the books of accounts

• Identify such invoices and coordinate with the Israel team to ensure immediate accounting entry and corrective action.

Invoices recorded in the books of accounts but not appearing in GSTR-2B

• Identify such invoices and follow up with suppliers to understand the reason for non-reporting or filing discrepancies.

Documentation & Record Maintenance

• Maintain proper documentation and filing of all purchase invoices in organized month-wise folders (physical and/or digital).
• Ensure all accounting and GST-related records are updated and readily accessible for audit and compliance purposes.

SEZ Compliance

• Since all sales are made to SEZ customers, ensure timely collection of endorsement copies from customers after submission of sales invoices and related documents.
• Maintain proper records of endorsement copies for GST and audit compliance.

BOE Reporting

• Assist in preparation and maintenance of BOE (Bill of Entry) related reporting and documentation.
• Ensure proper tracking and reconciliation of import-related records wherever applicable.

Month-End & Financial Reporting Support

• Assist in month-end accounting activities and closure processes.
• Support preparation of financial statements and schedules for year-end finalization and audit purposes.
• Coordinate with consultants, auditors, and internal teams for accounting and compliance-related requirements.

Additional Responsibilities

• Assist in GST-related compliance activities and coordination with consultants/auditors whenever required.
• Ensure timely communication with both the India and Israel teams regarding accounting discrepancies and pending documentation.
• Maintain confidentiality and accuracy in all accounting records and reports.

Requirements

• Knowledge of Tally ERP and GST compliance procedures.
• Understanding of GSTR-2A and GSTR-2B reconciliation.
• Basic understanding of accounting principles and bookkeeping.
• Good communication and coordination skills.
• Proficiency in Microsoft Excel and accounting documentation.
• Attention to detail and ability to meet deadlines.
• Strong command of English for effective communication with the team in Israel.