Industrial Trainee - CA

Glean

Glean

Bengaluru, Karnataka, India
Posted on Oct 10, 2024

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.