General Accountant

General Accountant (Full-Time)

Location:

Patna, Bihar (On-site) Industry:

IT Products & Services (Government Contracting) Reports to:

Finance Manager / Director Role Overview

The General Accountant is a critical role responsible for maintaining the financial health and regulatory integrity of the company. You will manage end-to-end accounting functions, from daily bookkeeping in

BUSY

to high-level financial reporting and statutory compliance. This position requires a professional capable of handling the complexities of government project invoicing, regional tax laws, and rigorous audit standards. 1. Key Responsibility Areas (KRAs)

A. Strategic Financial Management

Software Ecosystem:

Take full ownership of the

BUSY Accounting Software

environment, including cost center setup, inventory categorization, and data security/backups. Balance Sheet Integrity:

Execute monthly, quarterly, and annual closings; ensure all ledgers are "audit-ready" at all times. Cash Flow Optimization:

Monitor daily liquidity and coordinate with procurement to schedule vendor payments while maintaining optimal working capital. B. Taxation & Regulatory Compliance

GST Framework:

Manage GST R1, 3B, and 9C filings; perform ITC reconciliation (GSTR-2A/2B) to ensure zero tax leakage. Direct Tax:

Calculate and deposit

TDS ; prepare and file quarterly returns (Forms 24Q, 26Q) via TRACES. Labor Laws:

Execute monthly

ESI and PF

electronic challan-cum-returns (ECR) and ensure Bihar Professional Tax (PT) compliance. C. Invoicing & Commercial Operations

Project-Based Invoicing:

Generate milestone invoices for government contracts (EC Railways, Income Tax Dept), ensuring all Annexures meet specific departmental standards. Logistics & Trading:

Issue E-way bills for hardware trading and manage documentation for Sales/Purchase returns (Debit/Credit Notes). Bank Liaison:

Handle correspondence for Letters of Credit (LC),

Bank Guarantees (BG)

for tenders, and OD/CC account maintenance. D. Recovery & Bookkeeping

Debtor Management:

Maintain a "Zero-Error" aging report and conduct diligent follow-ups to ensure timely recovery of outstanding dues. Audit Facilitation:

Prepare detailed schedules for Fixed Assets, Depreciation, and Contingent Liabilities for Statutory and Tax Audits. 2. Educational Qualifications

Primary Requirements

Degree:

Bachelor’s Degree in Commerce ( B.Com ) or Finance. Academic Standing:

Minimum

60% aggregate

in core subjects (Accounting, Auditing, and Taxation). Preferred/Advanced Qualifications

Post-Graduation:

Master’s in Commerce ( M.Com ) or

MBA in Finance

is highly desirable. Professional Certification:

Semi-qualified

CA (Inter)

or

ICWA (Inter)

candidates are preferred due to the complexity of government audits. Diploma:

Government-recognized Diploma in Computerized Financial Accounting. 3. Technical Skill Set

A. Software Mastery (Non-Negotiable)

BUSY Accounting:

Expert-level inventory management and finalization of accounts. MS Office:

*

Excel:

Advanced proficiency (VLOOKUP, Pivot Tables, Data Validation, Budgetary Analysis). Word:

Professional drafting for formal correspondence with banks and government bodies. Portals:

Hands-on experience with

GSTN, ESI/PF, and TRACES . B. Taxation & Banking

Statutory Knowledge:

Deep understanding of CGST, SGST, IGST, and Reverse Charge Mechanism (RCM). Banking Operations:

Proficient in NEFT/RTGS/IMPS batches and processing Earnest Money Deposits (EMD) for tenders. 4. Soft Skills & Behavioral Attributes

Analytical Thinking:

Ability to spot discrepancies in high-volume data and interpret budget variances. Liaison Skills:

Confidence to represent the company at banks or tax offices; firm yet polite negotiation for payment recovery. Organizational Discipline:

Absolute confidentiality regarding payroll and contract pricing; strict adherence to statutory deadlines (e.g., GST filing by the 20th). 5. Mandatory Functional Requirements

Driving Proficiency:

Must possess a valid

Permanent Driving License

(2-wheeler minimum) for local coordination in Patna. Language Skills:

Fluency in

Hindi

(verbal) and professional proficiency in

English

(written/formal).