I am working as an Accounting professional and handling many clients as team leader over the year
a. Accounting and Book Keeping: it basically contains day to day accounting, petty cash, payroll process, bank reconciliation, vendor reconciliation, Fixed assets register, vendor payments, preparing of final accounts, stock reconciliation etc. and maintains proper records as required under different law.
b. Corporate Banking: It mainly includes renewal of SBLC limits with bank, ECB loans and its monthly reporting, Fund management, DP statement, Resolve issue pertains to CMS and EDC, RBI reporting and check the deposits made by clients with bank etc.
c. MIS Report: It mainly includes monthly reporting in clients format and their software and portal(as required), help in preparation of R1 & R2, preparation of Budgets and other reporting required from time to time.
d. Statutory Audit: It mainly includes preparation of financial statement as per Companies Act 2013 and provide it to the Auditors for Audit and resolve their queries and obtain a clean report from them.
e. Tax Audit: It mainly covers two activities, one-to obtain a transfer pricing report and second-advice and assistance with annual tax audit.
f. Statutory Compliances: It mainly includes filing of various return (i.e. TDS return, Tax Return, GST Return, submission of transfer pricing report along with Form 3CEB, payment of TDS, payment of advance tax etc) on or before due dates, , SVB registration & its renewal, professional tax payment and return thereof and trade license renewal etc.
g. GST Audit: It mainly includes advice and assistance with annual GST audit.
h. Inventory Audit: It mainly includes physically verification of Stock at multiple locations, reconciliation of stock with Software reports, reconciliation with Tally report, and resolve queries of auditor, if any.
i. Custom Clearance: it mainly includes clearance of goods by paying custom duty & SVD (in the absence of SBV registration) and other formalities, preparation of PD bond etc.
j. Misc Tasks: it mainly includes vendor selection for insurance renewal, stock destruction, purchase of fixed assets etc., then arranging quotation from them and negotiating to reach at a final conclusion, resolving queries of employees regarding their tax issues including issuing pay-slips, incentives and other payment to employee from time to time etc.