Accounts Taxation Career

Functional Skills

Functional Skills are essential skills that help individuals perform tasks effectively in everyday life, work, and education.

Tax Law Knowledge

Accounting Principles

Tax Planning & Optimization

GST Compliance

Tax Audit & Assessment

Financial Analysis

Tax Software Proficiency

Communication & Advisory

Problem-Solving

Regulatory Compliance

Soft Skills

Communication, teamwork, and critical thinking to ensure seamless project execution.

Analytical Skills

Attention to Detail

Communication Skills

Organizational Skills

Problem-Solving Skills

Technical Proficiency

Adaptability

Ethical Conduct

Teamwork

Stress Management

Technical Skills

Technical Skills are specialized abilities and knowledge needed to perform specific tasks or functions.

GST (Goods and Services Tax) Knowledge

Income Tax Knowledge

Accounting Software Proficiency (e.g., Tally, SAP)

Auditing Skills

Financial Reporting

Direct Tax

Indirect Tax

Financial Analysis

Budgeting and Forecasting

Regulatory Compliance

Data Analysis and Interpretation

Communication and Interpersonal Skills

Problem-Solving Skills

Duties and Responsiblities

Task

95%

Prepare and file income tax returns accurately and on time, ensuring compliance with Indian tax laws.

92%

Manage and reconcile accounts payable and receivable, ensuring timely payments and collections.

90%

Conduct thorough audits of financial records to identify discrepancies and ensure regulatory compliance.

88%

Prepare and analyze financial statements, including balance sheets, income statements, and cash flow statements.

85%

Advise clients on tax planning strategies to minimize tax liabilities and maximize financial benefits.

82%

Stay updated with the latest changes in Indian tax laws and regulations, and implement necessary adjustments.

80%

Maintain accurate and organized financial records, ensuring easy retrieval for audits and reporting.

78%

Prepare and file GST (Goods and Services Tax) returns, ensuring compliance with GST regulations.

75%

Assist with internal and external audits, providing necessary documentation and explanations.

72%

Manage payroll processing, including calculating salaries, deductions, and statutory contributions (PF, ESI).

70%

Prepare and file TDS (Tax Deducted at Source) returns, ensuring compliance with TDS regulations.

68%

Reconcile bank statements and resolve any discrepancies, ensuring accurate cash management.

Work Activities

95%

Ensuring adherence to all taxation laws and regulations, a critical function.

92%

Preparing accurate financial statements for tax purposes and regulatory compliance.

90%

Developing strategies to minimize tax liabilities and optimize financial outcomes.

88%

Conducting thorough audits of financial records to ensure tax compliance.

85%

Managing Goods and Services Tax (GST) filings and compliance requirements.

82%

Handling direct tax matters, including income tax and corporate tax.

80%

Maintaining organized and accurate tax-related documentation.

78%

Staying updated on changes in tax laws and regulations through research.

75%

Providing expert advice to clients on tax-related matters and planning.

72%

Assisting in resolving tax disputes and representing clients in tax audits.

70%

Managing tax implications related to international transactions and operations.

68%

Utilizing tax software for efficient tax preparation and management.

Detailed Work Profile

Interests