Accounting and Taxation Specialist

Job Description

Job Summary:We are seeking an experienced and detail-oriented Accounting and Taxation Specialist to join our finance team. The ideal candidate will have a strong understanding of local accounting principles, tax regulations, and compliance requirements for India, Australia, and the USA. This role will involve managing financial records, preparing tax returns, ensuring adherence to regulations, and providing strategic financial insights to management.Key Responsibilities:1*. Accounting Functions*:Monthly, quarterly, and annual closing: Assist with the preparation and timely closing of accounts, including the preparation of financial statements (balance sheets, income statements, cash flow statements).Bank Reconciliation: Ensure accurate reconciliation of bank statements with company records.Management of financial reports: Prepare internal financial reports and provide insights into the companys financial health.2. Taxation:Compliance with Local Tax Laws: Ensure compliance with relevant tax regulations in India, Australia, or the USA, depending on the location. This includes the preparation for filing of taxes, including GST, income tax, corporate tax, etc.Tax Planning and Strategy: Provide tax planning services to minimize tax liabilities while ensuring compliance with all statutory requirements.Preparation for Filing of Tax Returns: Prepare tax returns for individuals and corporations (income tax returns, sales tax, and other related taxes).Tax Audits and Disputes: Coordinate with auditors and tax authorities during audits and resolve any disputes or queries regarding tax filings.3. Financial Analysis & Reporting:Cost Control and Budgeting: Assist in budgeting, forecasting, and analyzing costs and revenue streams.Variance Analysis: Analyse discrepancies between budgeted and actual figures, providing recommendations to management.Internal Controls: Help implement and maintain strong internal control systems to safeguard financial assets.4. Regulatory Compliance and Reporting:Compliance with Accounting Standards: Adhere to local and international accounting standards such as GAAP (Generally Accepted Accounting Principles) for the USA, Ind AS (Indian Accounting Standards) for India, and AASB (Australian Accounting Standards) for Australia.Filing and Reporting Deadlines: Ensure all tax returns and financial reports are filed within required deadlines, including quarterly and annual filings.5. Strategic Advisory:Tax and Financial Advisory: Provide ongoing advice on tax-saving opportunities, restructuring plans, and strategic financial decisions.International Taxation: Advise on cross-border tax issues, including transfer pricing, VAT/GST, and other international taxation matters.Qualifications & Skills:Educational Qualifications:India: Chartered Accountant (CA) / CMA / MBA in Finance / BCom with relevant professional qualifications and Experience.Experience:3-5 years of experience in accounting and taxation (including compliance, reporting, and tax preparation) in a corporate or public accounting environment.Proven experience with accounting software (e.g., ZOHO, QuickBooks, Xero, or similar).Strong understanding of local tax laws, including GST/VAT, corporate tax, income tax, and other regulatory requirements for India, Australia, or the USA.Skills & Competencies:Strong knowledge of local tax regulations (GST, income tax, corporate tax, etc.) and accounting principles (GAAP, IFRS, etc.).Proficiency in MS Excel and financial reporting tools.Ability to work with financial modelling and budgeting.Strong analytical skills and attention to detail.Communication skills: Ability to effectively communicate financial information to both finance and non-finance stakeholders.Knowledge of cloud accounting platforms and advanced Excel functions is a plus.Personal Traits:Highly organized with the ability to handle multiple tasks and meet deadlines.Strong problem-solving and analytical thinking abilities.Proactive and able to work independently with minimal supervision.Ethical, with a high degree of integrity and confidentiality in handling financial matters.Working Conditions:Standard office hours will be 09:15 AM to 06:00 PM.Occasional travel may be required for audits or to meet Bank Officers in City OnlyJob Type: Full-timeBenefits: Cell phone reimbursement Health insurance Leave encashmentSchedule: Day shift Monday to Friday Weekend availabilityPerformance bonusExperience: total work: 3 years (Preferred)Work Location: In person,

Keyskills :
AccountingTaxationFinancial AnalysisFinancial ReportingRegulatory ComplianceMS ExcelFinancial ModellingBudgetingAnalytical SkillsCommunication SkillsStrategic AdvisoryCloud Accounting Platforms