Project Accountant
1 week ago
Job Description
- Prepare journal entries & posting of payments & employee advances.
- Prepare the bank reconciliation statements
- Opening and managing withholding tax codes and various tax reports in SAP
- Data cleansing for various accounts and open item resolution.
- Providing income tax and sales tax withholding challans/ certificates to suppliers
- Monitoring for correct application of withholding taxes on all the payment transactions.
- Coordinating with tax consultants in preparation of documents and replies for tax authorities
- Advice Accounts payable team & Functions on day-to-day Tax queries
- Reconciliation of VAT/Sales Tax Input tax & other related WTH tax GL in SAP
- Preparation and submission of tax exemption certificates requests for payment to nonresidents
Preparation of reconciliations for the monitoring.
Responsible for preparation of complete bank reconciliation, including clearing of accounts
- Preparation of Actual & Budgeted cash flow.
- Monthly book closing including all necessary entries (J.V, Accruals).
- Responsible for multiple accounts reconciliations that helps in month end closing.
- Processing urgent import-related pay orders using SAP to support supply.
- Customer collections clearing
- GR IR reconciliation preparation & closure of open items
- Reprocessing of rejected payments
- Raising tickets to rectify errors in master data in SAP
- Preparation of Bank Position each month end.
- Settlement of import & vendor payments if required
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