Finance Executive

Job Description: Finance Executive
Location: Baywatch Resort
Position Type: Full-Time/Part-Time

About Baywatch Resort:
Baywatch Resort is a leading hospitality destination offering exceptional services to our guests. We are seeking a skilled and detail-oriented Finance Executive to join our team. The ideal candidate will have a strong understanding of finance and accounting practices, specifically in areas such as GST, TDS, and financial reporting.

Job Summary:
The Finance Executive will be responsible for managing the financial operations of the resort, ensuring compliance with statutory regulations, and maintaining accurate financial records. You will work closely with the finance team to prepare financial statements, manage taxes, and support budgeting and auditing processes. The role requires in-depth knowledge of GST, TDS, and other key accounting principles.

Key Responsibilities:

• GST Compliance:
• Ensure accurate calculation, filing, and payment of GST returns.
• Maintain proper records for input tax credits and ensure that GST payments are made on time.
• Reconcile GST liabilities with payments and filings.
• Assist in the preparation of GST audit and returns (monthly/quarterly/annual).
• TDS Compliance:
• Ensure timely deduction and payment of TDS (Tax Deducted at Source) as per applicable laws.
• Prepare TDS returns and coordinate with external agencies for timely filing.
• Ensure TDS certificates are issued to vendors and employees as required.
• Reconcile TDS entries and ensure proper documentation for audits.
• Accounting & Financial Reporting:
• Assist in the preparation of monthly, quarterly, and annual financial statements.
• Handle journal entries, ledger entries, and reconciliations of accounts.
• Maintain and update financial records, ensuring they comply with internal controls and statutory requirements.
• Support the finance team with general ledger management, trial balances, and balance sheets.
• Taxation & Regulatory Compliance:
• Keep up-to-date with the latest taxation laws and financial regulations, ensuring the resort remains compliant.
• Coordinate with external auditors for periodic audits and ensure timely submission of tax returns.
• Support the filing of income tax returns, statutory audits, and other financial compliances.
• Budgeting & Forecasting:
• Assist in budgeting and forecasting processes to ensure financial goals are met.
• Monitor expenditures, compare with budget forecasts, and suggest cost-saving measures.
• Other Financial Functions:
• Assist in cash flow management, payroll processing, and other ad-hoc finance-related tasks.
• Support internal teams in financial decision-making with accurate data and reports.

Qualifications:

• Bachelor's degree in Accounting, Finance, or related field (preferably CA Inter or similar).
• Proven experience in finance, accounting, or a related field, with specific experience in GST, TDS, and tax filings.
• Strong understanding of financial regulations, compliance, and accounting principles.
• Experience with financial software and tools (e.g., Tally, SAP, or other accounting software).
• Excellent analytical and problem-solving skills.
• Ability to handle multiple tasks, prioritize effectively, and meet deadlines.
• Strong attention to detail and accuracy.
• Good communication skills and the ability to work effectively with cross-functional teams.
• Knowledge of hospitality industry accounting standards (preferred but not mandatory).

Job Type: Full-time

Pay: ₹20,000.00 - ₹30,000.00 per month

Benefits:

• Cell phone reimbursement
• Food provided
• Paid sick time
• Paid time off
• Provident Fund

Schedule:

• Rotational shift

Work Location: In person