Accountant / Accounts Executive

Role Overview and Compliance Responsibilities

This position at Devansh Insurance Broking involves comprehensive accounting tasks along with mandatory statutory compliance and filing duties. The role requires handling GST operations such as filing various GST returns (GSTR-1, GSTR-3B, GSTR-9), reconciling accounts, optimizing input tax credits, and managing associated notices or assessments. It also demands precise TDS management through monthly computation, deduction, deposit, filing of returns (24Q, 26Q, 27Q), issuing Form 16/16A, and reconciling with Form 26AS/AIS. Additionally, candidates will prepare and file MCA submissions including annual returns (AOC-4, MGT-7), financial statements, board resolutions, and maintaining statutory registers.

Day-to-Day Accounting Duties

The role encompasses executing end-to-end accounting using Tally software—comprising journal entries, ledger upkeep, and bank reconciliations. It includes preparation of MIS reports on daily, weekly, and monthly timelines with variance analyses for CFO oversight. Responsibilities also cover insurance commission accounting and broker reconciliations, managing payments to vendors and clients with stringent control protocols, and monitoring expenses alongside budget-to-actual evaluations. Record-keeping will be essential, involving physical and electronic document storage, banking operations, internal asset mapping, and periodic verifications.

Financial Closing and Reporting

Key tasks include executing daily, weekly, monthly, quarterly, and year-end financial closings. Preparation of critical financial statements such as trial balance, profit & loss accounts, balance sheets, cash flow, and fund flow statements is required. Interaction with external auditors and tax consultants to ensure compliance and coordination, alongside thorough documentation and archiving as per company retention policies, form essential parts of the role. Reporting on employee benefits and compliance with government regulations is also expected.

Group Entities Managed

The accountant will handle accounts and compliance for various group entities including Limited Liability Partnership firms, Private Limited Companies, individuals, Family Trusts, Charitable Trusts, and Hindu Undivided Families (HUFs).

Additional Duties

The role includes managing general correspondence for the group and collaborating with various teams to maintain documents throughout different stages. Support in miscellaneous requirements as they arise is anticipated.

Compensation

This full-time position offers a monthly salary ranging from INR 20,000 to INR 30,000.