Industrial Trainee - CA
Key Responsibilities:
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Financial Reporting:
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Assist in the preparation and analysis of financial statements (Profit & Loss, Balance Sheet, Cash Flow) in compliance with accounting standards.
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Participate in month-end and year-end financial closing activities.
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Help prepare variance analysis and management reports.
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Taxation:
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Assist in direct and indirect tax compliance, including GST, TDS, and Income Tax.
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Support in filing tax returns and ensuring accurate tax reporting.
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Work on tax audits and assessments under the guidance of senior team members.
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Audit & Internal Controls:
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Assist in internal and statutory audits by providing necessary documents and information.
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Help review internal controls and suggest improvements for compliance and efficiency.
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Participate in the evaluation of operational risks and recommend risk mitigation strategies.
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Payroll Management:
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Verification of payroll master data, including employee names, designations, salary structures, and statutory deductions.
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Review of employee records for accurate start dates, termination dates, and any payroll adjustments such as bonuses, overtime, or deductions.
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Reconcile payroll accounts, ensuring accuracy and resolving any discrepancies.
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Assist in the preparation of payroll-related reports for internal and external stakeholders.
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Regulatory Compliance:
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Ensure compliance with corporate laws, SEBI regulations, payroll regulations, and other applicable financial laws.
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Stay updated with changes in accounting standards, tax laws, and payroll regulations.
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Other Ad-hoc Projects:
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Participate in special projects or assignments as requested by the finance leadership team.
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Provide support in business process improvements and automation initiatives.
Qualifications & Skills:
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Qualification:
Pursuing Chartered Accountancy and eligible for an Industrial Trainee position with 12 months+ of articleship remaining. -
Knowledge & Skills:
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Good understanding of accounting principles, payroll processes, and financial concepts.
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Basic knowledge of payroll regulations, direct and indirect taxes (Income Tax, GST).
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Proficiency in MS office and accounting. Knowledge of ERP would be an added advantage.
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Analytical skills with attention to detail.
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Good communication and interpersonal skills.
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Ability to work under tight deadlines and manage multiple tasks.
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Experience:
Prior exposure to financial reporting, payroll management, auditing, and taxation during articleship would be an added advantage.