ASSOCIATE – AUDIT, TAXATION & ASSURANCE (CHARTERED ACCOUNTANT)

JOB DESCRIPTION

ASSOCIATE – AUDIT, TAXATION \& ASSURANCE (CHARTERED ACCOUNTANT)

Designation

Associate – Audit, Taxation \& Assurance (ACA)

Engagement

Full-Time Retainership Basis

Department

Audit, Assurance, Accounts \& Taxation

Qualification

Chartered Accountant (ACA)

Experience

1.5–2 Years of Post-Qualification Experience Preferred

Work Arrangement

Full-Time – Work from Office

Reporting To

Partner / Head of Audit \& Taxation

Job Purpose

• To independently manage and execute professional assignments relating to Accounts, Statutory Audit, Internal Audit, Direct Taxation and Indirect Taxation for the firm's clients.
• The candidate will be responsible for handling audit assignments, taxation compliances, preparation and review of financial statements, accounting reviews, reconciliations, statutory filings and related advisory assignments.
• The role requires a qualified Chartered Accountant with practical experience in audit and taxation, effective client coordination, timely execution of assignments and the ability to independently handle routine professional engagements with minimum supervision.
• The engagement shall be on a full-time retainership basis, requiring regular office attendance and dedicated availability during working hours.

Roles \& Responsibilities

A. Statutory Audit

• Conducting and assisting in statutory audits of companies, LLPs, partnership firms and other business entities.
• Verification and vouching of books of accounts, purchase bills, sales invoices, expenses and supporting documents.
• Verification of bank balances, cash balances, debtors, creditors, loans and advances.
• Examination of fixed assets, depreciation, inventory and other balance sheet items.
• Verification of statutory compliances, including GST, TDS, PF, ESIC and other applicable laws.
• Preparation and review of audit working papers, schedules and supporting documentation.
• Identifying discrepancies, accounting errors and audit observations.
• Preparation and review of financial statements, audit reports and related annexures.
• Coordination with clients for audit information, confirmations and supporting documents.
• Assisting the Partner in completion and finalisation of audit assignments.

B. Internal Audit

• Conducting internal audit assignments for companies, firms and other business entities.
• Reviewing accounting processes, internal controls and operational procedures.
• Verification of sales, purchases, expenses, receipts and payment transactions.
• Checking compliance with internal policies, accounting procedures and applicable statutory requirements.
• Reviewing purchase, sales, inventory, payroll and expense management processes.
• Identifying control weaknesses, irregularities, process gaps and financial discrepancies.
• Performing ledger scrutiny and transaction-level verification.
• Preparation and review of internal audit observations and audit reports.
• Recommending corrective measures and improvements in internal control systems.
• Following up on previous audit observations and implementation of corrective actions.
• Coordinating with client personnel for records, explanations and clarifications.

C. Direct Taxation

• Preparation and filing of Income Tax Returns for individuals, proprietorships, partnership firms, LLPs and companies.
• Preparation and review of income tax computations and tax liability workings.
• Preparation and filing of Tax Audit Reports under Section 44AB.
• Handling TDS/TCS returns, reconciliations and related compliances.
• Preparation of replies to notices received from the Income Tax Department.
• Handling and assisting in scrutiny assessments, reassessment proceedings and rectifications.
• Preparation of tax audit schedules and supporting documentation.
• Advance tax calculations and tax planning.
• Reconciliation of Form 26AS, AIS, TIS and books of accounts.
• Monitoring changes and amendments in Income Tax laws.
• Maintaining client-wise income tax records and compliance documentation.

D. Indirect Taxation – GST

• Preparation and filing of GSTR-1 and GSTR-3B.
• GST reconciliations, including GSTR-2B with books of accounts.
• Reconciliation of sales, purchases, input tax credit and GST liabilities.
• Preparation of GST annual returns and reconciliation statements, wherever applicable.
• GST registration, amendments and cancellation.
• Preparation of replies to GST notices and departmental queries.
• Handling and assisting in GST assessments, refunds and other departmental proceedings.
• Verification of Input Tax Credit eligibility and related documentation.
• Monitoring GST compliances and statutory due dates.
• Maintaining GST records and client-wise compliance trackers.

E. Accounts \& Financial Reporting

• Reviewing and maintaining books of accounts in Tally or other accounting software.
• Passing accounting entries, journal vouchers and adjustment entries.
• Bank reconciliation and ledger scrutiny.
• Reconciliation of debtors, creditors, loans and advances.
• Preparation and review of trial balance, profit and loss account and balance sheet.
• Preparation and finalisation of financial statements and supporting schedules.
• Verification of accounting records and supporting documents.
• Identification and rectification of accounting discrepancies.
• Coordination with clients for accounting data and pending information.

F. Tax Compliance, Advisory \& MIS

• Monitoring changes in Income Tax, GST and other applicable statutory laws.
• Assisting in tax planning and providing tax-related advisory to clients.
• Preparing tax-related MIS and compliance reports.
• Maintaining client-wise statutory compliance calendars.
• Monitoring due dates and ensuring timely completion of assignments.
• Maintaining proper documentation and records for all assignments.

G. Client Coordination \& Team Support

• Independently coordinating with clients for accounts, audit and taxation assignments.
• Following up with clients for pending infor