Industrial Trainee - CA

Key Responsibilities:

1. Financial Reporting:

• Assist in the preparation and analysis of financial statements (Profit & Loss, Balance Sheet, Cash Flow) in compliance with accounting standards.

• Participate in month-end and year-end financial closing activities.

• Help prepare variance analysis and management reports.

2. Taxation:

• Assist in direct and indirect tax compliance, including GST, TDS, and Income Tax.

• Support in filing tax returns and ensuring accurate tax reporting.

• Work on tax audits and assessments under the guidance of senior team members.

3. Audit & Internal Controls:

• Assist in internal and statutory audits by providing necessary documents and information.

• Help review internal controls and suggest improvements for compliance and efficiency.

• Participate in the evaluation of operational risks and recommend risk mitigation strategies.

4. Payroll Management:

• Verification of payroll master data, including employee names, designations, salary structures, and statutory deductions.

• Review of employee records for accurate start dates, termination dates, and any payroll adjustments such as bonuses, overtime, or deductions.

• Reconcile payroll accounts, ensuring accuracy and resolving any discrepancies.

• Assist in the preparation of payroll-related reports for internal and external stakeholders.

5. Regulatory Compliance:

• Ensure compliance with corporate laws, SEBI regulations, payroll regulations, and other applicable financial laws.

• Stay updated with changes in accounting standards, tax laws, and payroll regulations.

1. Other Ad-hoc Projects:

• Participate in special projects or assignments as requested by the finance leadership team.

• Provide support in business process improvements and automation initiatives.

Qualifications & Skills:

• Qualification:
  Pursuing Chartered Accountancy and eligible for an Industrial Trainee position with 12 months+ of articleship remaining.

• Knowledge & Skills:

• Good understanding of accounting principles, payroll processes, and financial concepts.

• Basic knowledge of payroll regulations, direct and indirect taxes (Income Tax, GST).

• Proficiency in MS office and  accounting. Knowledge of ERP would be an added advantage.

• Analytical skills with attention to detail.

• Good communication and interpersonal skills.

• Ability to work under tight deadlines and manage multiple tasks.

• Experience:
  Prior exposure to financial reporting, payroll management, auditing, and taxation during articleship would be an added advantage.