Article Trainee - ABS

Position Overview

• The Article Trainee will play a key role in supporting
• Baker Tilly’s mission to deliver exceptional client service and strategic
• insights. This position involves learning and assisting clients in managing
• their accounting, preparing MIS and other reports, and supporting compliance
• with Payroll (including labour laws), tax withholding, Goods and Services Tax,
• Corporate Tax, Reserve Bank of India regulations, and certifications for
• foreign remittances as part of the Accounting and Business Support team.

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 managers on these jobs who
• shall closely review his/her work. The responsibilities shall include but shall
• not be limited to:

• 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,

provisionsetc.

• 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

withrelated schedules.

• Assistance during

statutory audit/tax audit including preparation of schedules as may be required

by statutory auditors.

• 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)

• 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.

• 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.

• 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