Trainee

About the
company

ASA is a full
service firm of corporate strategists, accountants, tax advisory experts, and
financial and marketing analysts with over 32 years of experience. Our prime
clientele is corporate operating cross border and assist them in setting up
their business, M&A, partner search, audit, taxation, and compliance
issues. We have a strong team of over 1000+ professionals across 8 offices in
India, with a passion for excellence and high standards.

Website – www.asa.in

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Job Purpose:

The individual will be
a part of Accounting and Business Support team learning and assisting clients
in managing their accounting including preparation of MIS and other reports and
various applicable compliances including but not limited to Payroll including
labour laws, tax withholding, Goods and Services tax, Corporate tax, Reserve
bank of India and certifications for foreign remittances.

Training Includes:

The incumbent shall be
allocated 2-3 full retainer clients along with 1-2 clients with selected jobs
and will be responsible for ensuring the agreed compliances for those clients.
He/she shall work closely with senior/assistant manager on these jobs who shall
closely review his/her work. The responsibilities shall include but shall not
be limited to:

1.     Accounting and Bookkeeping:

·     Recording of Transactions for different kinds
of Companies

·     Checking of transaction for applicability of
TDS

·     Maintaining stock , if applicable

·     Finalisation of end-to-end accounting including
closures entries like prepaid, depreciation, provisions etc.

·     Preparation
of Fixed assets register for the purpose of calculation of depreciation.

·     Preparation
of monthly MIS reports.

·     Preparation
of financial statements as required by Schedule III of the Companies Act, 2013,
along with related schedules.

·     Assistance
during statutory audit/tax audit including preparation of schedules as may be
required by statutory auditors.

2.     Payroll Compliances:

·       Preparation
and processing of monthly payroll based on the data received from the clients.

·       Finalisation
of salary structures of the employees for the financial year, estimating the
annual tax liability of each employee.

·       Preparation
and filing of various labour law related returns (PF, LWF, PT etc)

3.     Income Tax Compliances:

·       Preparation of monthly TDS
liabilities of clients and their payment of challans.

·       Preparation and filing of
quarterly TDS Returns.

·       Computation
of quarterly tax liability to be deposited as advance tax.

·       Computation
of annual corporate tax liability for filing of corporate tax returns.

·       Preparation
and filing of Form 15CA/CB for foreign remittances.

·       Preparation
of schedules of Tax audit (Form 3CD).

·       Filing
of various applicable Forms like 49C, SFT etc

·       Assistance
in proceedings initiated by tax withholding authorities.

4.     GST Compliances:

·       Preparation and filing of
monthly/quarterly GST returns (GSTR-1/GSTR-3B)

·       Preparation and filing of
annual return (GSTR-9) and annual reconciliation statement (GSTR-9C).

·       Assistance in obtaining
registrations and amendments if any.

5.     RBI & Other Compliances :

·       Preparation
and filing of Statement of Foreign Liabilities and Assets with RBI

·       Preparation,
certification and filing of Form ECB-2 for External Commercial Borrowings.       

·       Preparation
and filing of Statement of DGP report

·       ROC
Forms filing and drafting minutes

Desired Skills:

•
Average communication skills to provide a comfort to clients

•
Basic Excel

•
Moderately conversant with English language – read, write and spoken