Accounts Executive

IBDIC (Indian Banks Digital Infrastructure Company) is a consortium of eighteen banks – Axis Bank, Bank of Baroda, Canara Bank, Federal Bank, HDFC Bank, ICICI Bank, IDBI Bank, IDFC Bank, IndusInd Bank, Indian Bank, PNB, RBL Bank, Kotak Bank, South Indian Bank, Standard Chartered Bank, SBI, Yes Bank, Union Bank of India as investors.

The objective of the organisation is to build Public Digital Infrastructure for Banking using blockchain and other emerging technologies leveraging the network of members to enable high volume and cost- effective financial transactions.

IBDIC is looking for a detail-oriented Accounts Executive to manage day-to-day accounting operations and ensure compliance with statutory requirements. The role requires hands-on experience in Tally, GST, and basic TDS processes, along with a strong understanding of accounting principles.

Key Responsibilities:

• Record day-to-day financial transactions including sales, purchases, receipts, and payments.
• Maintain ledgers, vouchers, and cash/bank books
• Perform bank reconciliations (BRS)
• Manage accounts payable and receivable
• Handle accounting entries in Tally (Tally Prime preferred)
• Generate financial reports such as Profit & Loss, Balance Sheet, and ledgers
• Ensure accuracy and proper classification of transactions
• Prepare and file GST returns (GSTR-1, GSTR-3B, etc.)
• Reconcile GST data with books and portal
• Maintain GST records and monitor input tax credit
• Calculate and deduct TDS as per applicable provisions
• Prepare TDS challans and assist in filing returns
• Issue TDS certificates (Form 16A)
• Maintain proper documentation and support audit processes
• Ensure compliance with applicable financial regulations

Must Have:

• B.Com graduate with 2–3 years of relevant experience in accounting.
• Strong working knowledge of Tally ERP/Tally Prime.
• Practical experience in GST filings, and basic understanding of TDS and income tax.
• Proficiency in MS Excel along with good analytical and organizational skills is essential.

Good to Have:

Experience in handling audits, knowledge of advanced Excel functions, and the ability to work independently while meeting deadlines will be an added advantage.

Location: Times Square, Andheri, Mumbai

Why IBDIC:

• Very New Space to be which is backed by 18 National Banks
• Highly enthusiastic team with excellent management support & growth path
• Strong leadership inspiring lives with amazing success stories

Ready to be part of something extraordinary Join our team in this dynamic, new frontier where we're backed by 18 National banks, driven by a highly motivated and well-supported team, and led by an inspirational leadership that's already scripted remarkable success stories. Let's shape the future together.