Analyst - Taxation at FreshBooks

Chennai, Tamil Nadu, India

FreshBooks Logo
Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Software, SaaS, TechnologyIndustries

Requirements

  • Chartered Accountancy (Intermediate qualified) or B.Com graduate or similar finance qualifications
  • 2–3 years of hands-on working experience in Direct and Indirect Taxation, including TDS and GST matters
  • Strong understanding of Direct Tax (TDS) and Indirect Tax (GST) compliance
  • Experience in NetSuite (Oracle) or other ERP systems preferred
  • Proficient in reconciliation, journal postings, and statutory return filings
  • Strong communication and collaboration skills to work effectively across teams

Responsibilities

  • Prepare monthly TDS calculations for payments and Quarterly return filings
  • Support Income tax assessments, prepare and manage documentation for External and Internal Tax audits and reviews
  • Prepare and file monthly GST returns accurately and within deadlines
  • Maintain and update IMS dashboard for GST-related data and analytics
  • Manage GST refund processing and ensure timely submission and follow-up with authorities
  • Assist in litigation matters, including responding to notices and liaising with external consultants
  • Post journal entries related to Tax, reversals, and adjustments in NetSuite (Oracle)
  • Perform month-end reconciliations for tax accounts, ensuring accuracy and completeness
  • Collaborate with internal teams including Accounts Payable (AP), Treasury, and Financial Close to validate data and ensure timely closure of tax-related activities
  • Support tax-related reporting and analysis for management reviews
  • Work extensively on NetSuite (Oracle) ERP for tax-related accounting and reconciliations
  • Ensure accurate documentation and compliance with internal controls

Skills

Direct Taxation
Indirect Taxation
TDS Calculations
Tax Compliance
Tax Reconciliations
Tax Assessments
Tax Reporting
Income Tax Assessments
Tax Audits
Return Filings
Journal Postings

FreshBooks

Cloud-based accounting software for businesses

About FreshBooks

FreshBooks provides cloud-based accounting software aimed at simplifying financial management for small to medium-sized businesses and self-employed professionals. The software allows users to efficiently track expenses, time, and invoices, making it accessible even for those without accounting experience. Users subscribe to the service with various pricing tiers, and they can take advantage of a 30-day money-back guarantee and an 80% discount for the first four months. FreshBooks stands out from competitors by offering a user-friendly interface and mobile accessibility, enabling users to manage their finances on the go. The company's goal is to help business owners and accountants streamline their financial processes, improve organization, and enhance client relationships.

Toronto, CanadaHeadquarters
2003Year Founded
$149.6MTotal Funding
DEBTCompany Stage
Consumer Software, FintechIndustries
201-500Employees

Benefits

Health Insurance
Dental Insurance
401(k) Company Match
Stock Options
Unlimited Paid Time Off
Parental Leave
Home Office Stipend
Professional Development Budget

Risks

Increased competition from market leaders may impact FreshBooks' market share.
Dependency on Stripe's technology could pose risks if Stripe faces issues.
Economic downturns may threaten FreshBooks' subscription-based revenue model.

Differentiation

FreshBooks offers a user-friendly platform for non-accountants, simplifying financial management.
The company provides mobile-friendly solutions, catering to the rise of remote work.
FreshBooks' integration with Shopify enhances e-commerce capabilities for online businesses.

Upsides

FreshBooks' subscription model aligns with industry trends, boosting customer acquisition and retention.
The expansion of Stripe Connect features enhances FreshBooks Payments, improving payment processing.
AI-driven financial analytics tools can provide predictive insights, enhancing decision-making.

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