Job Description

Accounting and Financial Management Maintain accurate financial records for both the Private Limited company and the Trust as per Indian Accounting Standards (Ind AS). Reconcile accounts payable and receivable separately for both entities. Manage cash flow and working capital efficiently for the Private Limited company and the Trust. Handle monthly, quarterly, and annual financial closings for compliance with Indian tax laws. Ensure proper accounting of donations, grants, and government funding received by the Trust. Taxation and Compliance (India-Specific) File Income Tax Returns (ITR) for the Private Limited company, the Trust, and all board of directors in compliance with Indian Income Tax Act, 1961. GST Filing & Compliance. Manage GST registration and filing for the Private Limited company and the Trust (if applicable). Work on the GST portal and ensure timely payment of CGST, SGST, and IGST as per law. Reconcile GST input tax credit (ITC) and ensure proper claim submission. TDS (Tax Deducted at Source) Compliance. Ensure timely TDS deduction and deposit for employee salaries, contractor payments, and vendor transactions. File TDS returns (Form 24Q & 26Q) quarterly. Ensure compliance with tax exemptions under Section 12A & 80G of the Income Tax Act for the Trust, ensuring eligibility for donations and tax benefits. Financial Reporting and Audits Prepare and maintain financial statements (Balance Sheets, Profit & Loss Accounts, Income & Expenditure Statements) for both entities as per Indian accounting regulations. Share monthly, quarterly, and annual financial reports with management, CA team, and auditors. Coordinate with auditors for annual statutory audit, tax audit (as per Section 44AB for applicable businesses), and trust audits. Maintain records of donations and grants received by the Trust and ensure proper documentation for tax exemption claims. Banking and Reconciliation Record transactions in Tally or other accounting software and reconcile the company's and Trust's bank accounts. Manage separate bank accounts for the Trust, ensuring compliance with FCRA (Foreign Contribution Regulation Act, 2010) if foreign donations are received. Oversee loan repayments and interest calculations for any financing availed by the company or Trust. Payroll and Employee Management Prepare and process payroll for employees of both Private Limited company and the Trust (hospital & educational institutions). Ensure timely deposit of PF, ESI, and Professional Tax (PT) for employees as per Indian labor laws. Maintain records of staff reimbursements, leaves, and loans. Share monthly payroll data with management by the 5th of every month. Regulatory and Legal Compliance Ensure compliance with the Companies Act, 2013 for the Private Limited company, including MCA (Ministry of Corporate Affairs) filings. Handle RBI compliance for any foreign investments or funding received by the company or Trust. Monitor and comply with legal requirements under The Societies Registration Act, 1860 and The Indian Trusts Act, 1882 for the Trust's operations. Ensure adherence to regulations governing hospital financials (National Medical Commission guidelines) and education financials (CBSE, AICTE, UGC norms as applicable). Investment and Financial Strategy Provide investment guidance and financial strategy for the Private Limited company and the Trust. Ensure fund utilization for hospital and educational institution operations aligns with government norms and donor agreements. Ensure secure financial data storage and regular database backups Assist in implementing ERP or financial management software for efficient accounting in hospitals and educational institutions.
Job Type: Full-time

Pay: ?25,000.00 - ?35,000.00 per month

Benefits:

Cell phone reimbursement Health insurance Paid sick time
Schedule:

Day shift
Supplemental Pay:

Performance bonus
Work Location: In person