Job description:
Job description
Job Title: Income Tax Executive
Experience: 2 years
Location: Ville Parle[East]
Pay: ₹25,000.00 - ₹40,000.00 per year
Job Description:
- Income Tax Compliance:
- Prepare and file income tax returns for individuals, businesses, and other entities in compliance with relevant tax laws and regulations.
- Assist clients in tax planning, deductions, exemptions, and credits to minimize tax liabilities.
- Stay updated on changes in income tax laws and regulations and ensure adherence to filing deadlines.
- GST Compliance:
- Manage GST registration, filing, and reconciliation processes for clients.
- Verify input and output tax credits, and reconcile GST returns with financial records.
- Provide guidance to clients on GST compliance requirements, including invoicing, returns filing, and record-keeping.
- Tax Advisory Services:
- Provide expert advice and recommendations to clients on income tax and GST matters, including tax planning strategies, implications of transactions, and compliance issues.
- Conduct tax research and analysis to address client inquiries and resolve tax-related challenges effectively.
- Client Communication and Relationship Management:
- Interact with clients to understand their tax-related needs, concerns, and objectives.
- Communicate tax planning strategies, compliance requirements, and outcomes in a clear and understandable manner.
- Build and maintain strong relationships with clients by delivering high-quality services and exceeding their expectations.
- Documentation and Record-Keeping:
- Maintain accurate and organized records of income tax and GST filings, correspondence, and client communications.
- Prepare documentation, reports, and presentations for internal and external purposes as needed.
- Ensure confidentiality and security of sensitive client information in accordance with professional standards and regulations.
- Continuous Learning and Professional Development:
- Stay abreast of developments in income tax and GST laws, regulations, and practices through ongoing education and training.
- Pursue professional certifications and memberships relevant to income tax and GST compliance and advisory services.
Requirements:
- Bachelor's degree in Accounting, Finance, or related field.
- 2 years of experience in income tax and GST compliance and advisory services, preferably in a CA firm or tax consultancy.
- Thorough knowledge of income tax laws, GST regulations, and related compliance requirements.
- Proficiency in tax preparation software, MS Excel, and other relevant tools.
- Strong analytical, problem-solving, and decision-making skills.
- Excellent communication and interpersonal skills, with the ability to effectively interact with clients and colleagues.
- Attention to detail, accuracy, and confidentiality in handling sensitive financial information.
- Ability to manage multiple tasks and deadlines in a fast-paced environment.
- This job description outlines the responsibilities and qualifications expected for an Income Tax & GST Executive position with 2 years of experience in a CA firm. Candidates with a solid understanding of income tax and GST laws, along with experience in tax compliance and advisory services, would be suitable for this role.
