Job Description

As a Tally Prime Accountant, you will play a crucial role in maintaining accurate financial records and contributing to the overall financial stability of our organisation. This is an excellent opportunity for freshers to begin their career in accounting.As a Tally Accountant (GST Specialist), you will play a pivotal role in overseeing GST-related activities, ensuring accuracy and compliance with tax regulations, and contributing to the financial well-being of our company.Key Responsibilities:Accounting Management1. Data Entry and Record Keeping:

• Enter financial transactions into Tally Prime with precision and maintain organised documentation.

• Ensure that all financial records are accurate and up to date.

• Create basic vouchers like purchase, sales, debit note, credit note, payments & receipts.

2. Bank Reconciliation:

• Regularly reconcile bank statements with our financial records to identify discrepancies or errors.

• Investigate and resolve any discrepancies in a timely manner.

• Maintain cheque books, management of post dated payment.

3. Accounts Payable and Receivable:

• Manage accounts payable and receivable by tracking invoices, payments, and outstanding balances.

• Communicate with vendors and customers to resolve payment-related queries.

4. General Ledger Maintenance:

• Post journal entries to the general ledger and ensure all accounts are balanced.

• Reconcile sub-ledgers and maintain accuracy in the general ledger.

5. Financial Reporting:

• Prepare various financial reports, including income statements, balance sheets, and cash flow statements.

• Present these reports to the management team to support decision-making.

Inventory Management1. Inventory Management:

• Maintain accurate inventory records and monitor stock levels to prevent shortages or overstocking.

• Reconcile physical inventory with system data and investigate discrepancies.

2. Batch-Wise Details:

• Manage batch-wise details, tracking the production, purchase, and sale of each batch.

• Ensure traceability for quality control and regulatory compliance.

3. Expiry Date and Batches:

• Monitor expiry dates of inventory items and ensure proper rotation to minimise wastage.

• Keep detailed records of batches to enable recall and quality control.

4. Price Lists and Multiple Price Levels:

• Create and maintain price lists for products.

• Implement and manage multiple price levels for different customer groups or pricing strategies.

5. Store-Wise Inventory Reports:

• Generate store-wise inventory reports to optimise stock replenishment and transfers.

• Analyse inventory data to make informed decisions about stock levels and distribution.

6. Formula Manufacturing:

• Oversee formula manufacturing processes, ensuring accurate ingredient usage and compliance with regulatory standards.

• Maintain detailed records of formulas and production batches.

7. Job Outsourcing:

• Coordinate job outsourcing, including assigning tasks to external contractors and tracking progress.

• Ensure quality control and timely completion of outsourced jobs.

8. Job Costing:

• Implement job costing practices to calculate and allocate costs accurately.

• Track expenses, labor, and materials related to specific projects or jobs.

GST & Income Tax Management1. Tax Compliance:

• Assist with tax-related tasks, including the calculation and filing of GST, TDS, and other applicable taxes.

• Stay current with tax regulations and ensure compliance.

2. GST Compliance:

• Maintain an in-depth understanding of GST laws, rules, and regulations, keeping abreast of any changes.

• Prepare and file GST returns accurately, adhering to regulatory deadlines.

• Monitor and reconcile Input Tax Credit (ITC) availability with GST returns.

3. GST Reports:

• Generate, review, and validate various GST reports, such as GSTR-1, GSTR-3B, and GSTR-2B, ensuring completeness and accuracy.

• Resolve discrepancies in GST report data promptly.

4. E-Way Bill Creation:

• Efficiently create E-Way Bills for both inter-state and intra-state transportation of goods, complying with E-Way Bill rules.

• Maintain accurate E-Way Bill records and coordinate with the transportation and sales teams for seamless logistics.

5. E-Invoicing:

• Take charge of the E-Invoicing process, including the generation, transmission, and reconciliation of invoices, ensuring compliance with mandated E-Invoicing requirements.

6. Income Tax Compliance:

• Maintain an in-depth understanding of income tax laws, rules, and regulations, keeping abreast of any changes.

• Prepare and file income tax returns accurately, adhering to regulatory deadlines.

• Address income tax-related inquiries and collaborate with tax authorities.

7. Income Tax Reports:

• Generate, review, and validate various income tax reports, ensuring completeness and accuracy.

• Resolve discrepancies in income tax report data promptly.

8. TDS Challan Creation:

• Create TDS challans for accurate deduction and timely remittance of TDS to the government.

• Verify and reconcile TDS records with the company's financial transactions.

9. TCS Challan Creation:

• Handle TCS challan creation, ensuring accurate collection and remittance of TCS in compliance with regulatory requirements.

• Maintain precise TCS records and reconcile with sales and customer data.

Employee Payroll Management1. Payroll Management:

• Maintain accurate payroll records, including attendance, leave, and overtime.

• Calculate employee salaries, deductions, and bonuses based on attendance and other relevant factors.

2. Employee Slips:

• Generate and distribute employee payslips detailing salary components, deductions, and net pay.

• Address employee inquiries and provide assistance regarding pay-related matters.

3. PF (Provident Fund) Management:

• Ensure compliance with PF regulations by accurately calculating and deducting PF contributions from employees' salaries.

• Prepare and file PF returns and assist employees in PF-related matters.

4. ESI (Employee State Insurance) Compliance:

• Manage ESI compliance by calculating and deducting ESI contributions as per regulations.

• Prepare and file ESI returns and assist employees in ESI-related matters.

5. Statutory Management:

• Stay updated on labor laws and statutory requirements related to employee compensation and benefits.

• Ensure compliance with other statutory requirements, such as professional tax, as applicable.

6. Attendance-Based Salary:

• Create monthly employee salaries based on attendance records and relevant payroll components.

• Verify and cross-reference salary calculations for accuracy.

7. Salary Disbursement:

• Oversee the disbursement of salaries, ensuring timely payments to employees

RequirementsRequirements:1. A TalentMark Academy Certification is mandatory for all applicants. It will be verified on TalentMark Academy Website .2. Bachelor's degree in Accounting, Finance, or a related field is preferred but not mandatory for freshers.3. Strong attention to detail and accuracy.4. Proficiency in using Tally Prime accounting software.5. Basic knowledge of accounting principles and practices.6. Excellent organizational and time management skills.7. Strong communication and teamwork abilities.8. Ability to adapt to new technologies and learn quickly.9. Freshers with a passion for accounting and a willingness to learn are strongly encouraged to apply.How to Apply:
If you meet the qualifications and are enthusiastic about starting your career as a Tally Prime Accountant, please send your resume, and a copy of your TalentMark Academy Certification to us.
Note: This job description is meant to provide a comprehensive overview of the job but should not be considered an exhaustive list of responsibilities and requirements. Job duties may evolve as the company's needs change.BenefitsBenefits:
1. Competitive Salary: We offer a competitive salary that reflects your skills and experience as a Tally Prime Accountant.2. Career Growth: Company is committed to employee development. You will have opportunities to grow and advance your career in accounting.3. Learning Opportunities: We support continuous learning and professional development. You can stay updated with the latest accounting practices and technologies.4. Work-Life Balance: We understand the importance of work-life balance and provide a supportive work environment that allows you to maintain it.5. Health Benefits: We offer health insurance and wellness programs to ensure your well-being.6. Flexible Hours: Depending on the role and your responsibilities, we may offer flexible working hours.7. Professional Network: Joining our will allow you to build a professional network in the accounting and finance industry.8. Diverse and Inclusive Environment: We value diversity and foster an inclusive work culture where every employee's perspective is respected.9. Collaborative Team: You will work with a supportive and collaborative team that values teamwork and mutual growth.10. Employee Recognition: We appreciate and recognize our employees' hard work and dedication to the company's success.11. Opportunity to Make an Impact: Your role as a Tally Prime Accountant will contribute to the financial health and success of the organization.12. Job Security: Company is a stable and growing company, providing job security and stability.13. Involvement in Company's Financial Decisions: Depending on your experience and expertise, you may have the opportunity to provide insights and recommendations for financial decisions.14. Contribution to Compliance: You will play a key role in ensuring the company's financial operations are compliant with accounting and taxation regulations.15. Convenient Location: Company is conveniently located, making your daily commute easier.16. Team Building Activities: We organize team-building and social activities to foster a positive and cohesive work environment.17. Mentorship and Support: We provide mentorship and support for professional and personal growth.

TalentMark Academy Placement Department