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Accounts Specialist
2 days ago
Overview:
Advance International Chemicals Pvt Ltd is seeking a highly skilled and experienced Accounts Executive to join their team. This role will be responsible for managing the company's financial transactions, ensuring accurate record-keeping, and providing critical support to the management.
Responsibilities:- Manage letter of credit preparation and finalization, including LC Cost Sheet and recording of imported stock in the company's books of accounts.
- Prepare receivables aging report, analyze sales and recovery targets, and reconcile purchases from IGP, GRN with stock ledger and supplier ledger.
- Handle stores issuance for production and general maintenance, production entries, and reconciliation statements of monthly production item-wise with store issuance and wastage.
- Reconcile sales from OGP, Sales Invoices, Delivery Challans with sales ledger and debtor's ledger, and ensure perfect knowledge about accrual concepts.
- Record expenses under proper heads of accounts, number each voucher, sign it with supporting documents, and maintain series.
- Prepare withholding tax statements U/S 165, 147, 155, 153, 151, and reconcile with Income Tax ledgers.
- Submit sales tax returns after complete verification of Input and Output tax adjustments, reconciliation with Sales Tax ledgers, and summary statement U/S 26(5).
- Verify Bank Reconciliation statements, commission workings of staff, and submission of stock statements to the bank on or before the 10th of each month.
- Check salary sheets and tax deducted thereon, as well as withholding tax deduction on all payments including advance payment.
- Provide any other query/information asked by the head of department/company from time to time.
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