Job Description

About the internshipYou'll be responsible for managing financial records, ensuring compliance with financial regulations, and preparing accurate financial reports. This role involves handling day-to-day accounting tasks, preparing financial statements, overseeing budgets, and assisting with audits.rn's day-to-day responsibilities include:Selected intern's day-to-day responsibilities include:1. Financial record keeping:
a. Maintain accurate and up-to-date financial records, including ledgers, journals, and balance sheets.
b. Record and reconcile financial transactions, ensuring proper documentation and approval for each transaction.
c. Prepare and maintain accounting documents and records, such as invoices, receipts, bills, and payments.2. Financial reporting:
a. Prepare monthly, quarterly, and annual financial statements, including profit and loss statements, balance sheets, and cash flow statements.
b. Ensure that financial statements comply with relevant accounting principles and regulatory standards.
c. Provide analysis of financial performance, highlighting trends, variances, and areas for improvement.3. Accounts payable and receivable:
a. Manage accounts payable and accounts receivable processes, ensuring timely and accurate invoicing and payment processing.
b. Monitor and follow up on overdue accounts, ensuring collections are made efficiently.
c. Reconcile accounts payable and accounts receivable to general ledgers.4. Taxation and compliance:
a. Ensure compliance with tax regulations, including the timely filing of tax returns (e.g., VAT, corporate tax, and payroll tax).
b. Work with external auditors and tax advisors to ensure accurate and compliant financial reporting.
c. Maintain records for tax audits and prepare necessary documentation for regulatory bodies.Skill(s) requiredAccounting MS-Excel MS-OfficeEarn certifications in these skillsWho can applyOnly those candidates can apply who:1. are available for full time (in-office) internship2. can start the internship between 5th Feb'25 and 12th Mar'253. are available for duration of 6 months4. have relevant skills and interestsOther requirements1. Good if you have knowledge of MS Office and specifically MS Excel.PerksCertificateNumber of openings10About Tax-O-Smart LLPAt Tax-O-Smart, we develop highly innovative and creative products and services that provide total tax and accounting solutions to all kinds of business structures.Activity on InternshalaHiring since July 2019111 opportunities posted8 candidates hired

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