Audit & Taxation Assistant

Job Summary: The Audit and Tax Assistant will provide comprehensive support to the audit and tax departments, ensuring the accurate and timely preparation of financial information, compliance with relevant regulations, and assistance in audit engagements. This role offers an excellent opportunity to gain practical experience in both audit and tax functions within a dynamic accounting environment.

Key Responsibilities:

Audit Support:

• Assist auditors in gathering and organizing financial data, documents, and other information for audit engagements.
• Prepare audit work papers, schedules, and supporting documentation.
• Perform basic analytical procedures on financial statements and data to identify trends or anomalies.
• Verify the accuracy and completeness of financial records, including ledgers, journals, and supporting documents.
• Assist in the review of internal controls and identifying potential control deficiencies.
• Communicate with clients to request necessary documentation and clarify basic financial information.
• Help in preparing audit reports and other relevant documents for management and clients.
• Adhere to company audit standards and procedures.

Tax Support:

• Assist in the preparation and filing of various tax returns (e.g., individual, corporate, partnership, GST/VAT, TDS), ensuring accuracy and compliance with applicable tax laws and regulations.
• Gather and organize financial documents, records (e.g., income statements, expense records, receipts) for tax preparation.
• Input data into tax preparation software and spreadsheets.
• Conduct basic research on tax laws and regulations to support tax planning and compliance efforts.
• Maintain accurate and up-to-date tax records and documentation.
• Assist in responding to tax authority notices and inquiries.
• Support senior tax professionals in various projects and initiatives related to tax compliance and planning.
• Maintain confidentiality and data security of clients' financial information.

General Accounting & Administrative Support:

• Assist with general administrative tasks related to both audit and tax departments, such as filing, scanning, and managing correspondence.
• Maintain accurate records and documentation for all financial and tax-related matters.
• Collaborate effectively with team members to enhance processes and improve efficiency.
• Stay updated on changes in accounting standards, audit procedures, and tax laws and regulations.
• Perform other accounting or administrative duties as assigned.

Qualifications:

• Education: Bachelor's degree in Accounting, Finance, or a related field (e.g., B.Com). A professional qualification (e.g., CA Intermediate, pursuing CA/CPA/ACCA) is often preferred or a strong plus.
• Experience: 0-2 years of relevant experience in an accounting, audit, or tax role, including internships.
• Knowledge:
• Foundational understanding of accounting principles (GAAP/IFRS).
• Basic knowledge of auditing standards and procedures.
• Basic understanding of tax laws and regulations (e.g., Income Tax, GST, TDS in India).
• Skills:
• Analytical Skills: Strong ability to analyze financial data, identify patterns, and recognize discrepancies.
• Attention to Detail: Meticulous and highly accurate in data entry and review.
• Organizational Skills: Excellent ability to manage multiple tasks, prioritize, and meet deadlines effectively.
• Communication Skills: Strong verbal and written communication skills to interact with colleagues and clients.
• Technical Proficiency:
• Proficiency in Microsoft Office Suite, especially Excel (pivot tables, VLOOKUP, formulas).
• Familiarity with accounting software (e.g., Tally, QuickBooks) and/or tax preparation software is highly desirable.
• Problem-Solving: Ability to identify and resolve basic accounting and tax issues.
• Teamwork: Ability to work collaboratively in a team environment.
• Integrity: High level of professionalism and commitment to maintaining confidentiality.

Job Types: Full-time, Permanent

Pay: ₹20,000.00 - ₹23,000.00 per month

Benefits:

• Health insurance

Work Location: In person