Accountant

ABOUT THE OPPORTUNITY

SRA Consulere, Advocates is a Mumbai-based law firm engaged in litigation and advisory work under GST, Central Excise and Customs law. Alongside our own accounts team, we are currently hiring on behalf of two of our valued clients, a diamond trading and manufacturing company and a clearing and forwarding company, both of whom look to us for people who understand accounting and GST compliance the way we do. This means there are three positions open at present, one within our own office and two placed directly with these clients, and all three carry broadly the same core responsibilities described below, with the day-to-day exposure varying by the nature of the business.

ROLE OVERVIEW

We are looking for someone who can independently handle the full cycle of accounting, right from day-to-day bookkeeping through to the finalisation of the balance sheet, and who is equally comfortable managing GST compliance on a monthly and an annual basis. The entities we work with are structured differently, some as partnership firms, some as proprietorship concerns and some as private limited companies, so the ideal candidate should be able to adapt their approach to the constitution of the entity in front of them, while keeping the work aligned with applicable Indian Accounting Standards and the provisions of GST law.

KEY RESPONSIBILITIES

• Accounting and Finalisation of Accounts
• Maintain day to day books of accounts, including journal entries, purchase and sales registers, and voucher level accuracy in Tally or an equivalent accounting software
• Carry out regular bank reconciliation, ledger scrutiny and reconciliation of party accounts
• Prepare the trial balance, profit and loss account and balance sheet in accordance with applicable Indian Accounting Standards
• Finalise accounts as per the constitution of the entity concerned, this includes partner capital accounts, partner remuneration and interest on capital under Section 40(b) for partnership firms, the proprietor's capital account and drawings for proprietorship concerns, and statutory schedules, depreciation and related disclosures under the Companies Act for private limited companies
• Work closely with statutory auditors and tax auditors during the closing of books and finalisation of accounts

GST Compliance, Monthly

• Prepare and file GSTR 1 and GSTR 3B within the prescribed due dates
• Reconcile input tax credit claimed against GSTR 2B on a monthly basis and follow up on mismatches
• Compute monthly GST liability accurately and flag it in good time for payment

GST Compliance, Annual

• Prepare and file the annual return, GSTR 9, and the reconciliation statement, GSTR 9C, wherever applicable
• Reconcile the books of accounts with the returns filed through the year and resolve any variances
• Support during GST audits, departmental notices and assessments, working alongside our litigation team wherever a matter needs legal input

CANDIDATE PROFILE

We are looking for a graduate or postgraduate in commerce, and candidates pursuing or having discontinued CA or CMA are equally welcome to apply. Somewhere between three and six years of hands-on experience in accounting and GST compliance would suit this role well, along with a working knowledge of Tally Prime or a similar accounting platform, a sound grasp of Indian Accounting Standards and GST law, and the confidence to interact directly with clients and, where required, with tax authorities.

WHAT WE OFFER

You will be working in an environment where accounting and law meet, which gives you exposure well beyond routine bookkeeping. Whether you are placed within our own office or with one of our clients, you will have the backing of a firm that has spent years in GST litigation, so a difficult compliance question is never yours to solve alone.

LOCATION AND REPORTING

This role may be based at our office in Andheri East, Mumbai, or at the premises of the client you are placed with, depending on which of the three positions you are considered for. This will be discussed and finalised at the time of the interview.