Accounts Payable Associate - Bangalore - ref. h33178215

Job Description

Location: JP Nagar, Bangalore

Job Type Full Time

About Us:

At LWYD Interactive, we believe in always asking what if, accepting great ideas from any source, and striving to learn and improve every day.

Role & Responsibilities:

The candidate will be responsible for all accounts payable activities, payroll, compliance & operations, including but not limited to:

• Payroll Management: Manage the complete payroll process, including calculating monthly salaries, handling reimbursements, incentives, advance payments, and deductions.
• Compliance: Ensure compliance with all relevant labor laws and statutory requirements, including EPF, ESI, PT, and Gratuity. Manage EPF & ESIC compliance, including filing challans and registering new nominations.
• Vendor management: Should involve coordinating with vendors or suppliers regarding purchase orders, invoices, and payments.
• Tax calculations: Calculate tax deductions accurately and provide guidance to employees on tax-related inquiries
• Accounts Payable: Should have experience in managing all aspects of accounts payable activities.
• Bookkeeping: Maintain accurate records of daily transactions and payments, ensuring proper bookkeeping practices.
• Operations: Manage operational tasks, including purchasing licenses and subscriptions for necessary tools and software, creating email accounts for new employees, and collaborating with the administration for office supplies.
• Reporting & documentation: Prepare and maintain compliance reports and documentation to meet regulatory standards and internal requirements.

Qualifications:

• Bachelor's or Master's degree in Business, Accounting, Labor Laws, or a related field (commerce background preferred).
• 1-2 years of relevant experience in payroll processing, compliance management, and operational functions.
• Strong understanding of different types of accounting records, including journals, ledgers, trial balances, and profit and loss statements.
• Strong understanding of labor laws and accounting principles.
• Proficient in using accounting software such as Tally and Zoho Books.
• Experience with Razorpay is preferred.