Accounts and Taxation Specialist (Commission Payout)

About the role

The position is responsible for end‑to‑end processing of DSF agents’ commission payouts on a fortnightly basis. The role ensures all pre‑payout activities are complete, calculates commissions, TDS and service tax, and records the necessary accounting entries in Oracle to support monthly financial closure.

Key responsibilities

• Calculate and upload DSF advisor commission payouts for each fortnight, including 99 & 98 entries in the CMS system.
• Manage PAN holds, RBRC holds, and credit holds/releases according to company payout policy.
• Compute TDS and service tax as per statutory guidelines and post the corresponding entries in Oracle.
• Prepare bank intimation files for direct credit/NEFT transfers and reconcile payout data.
• Identify and process shortage commissions, upload statements, and ensure accurate advisor statements in CMS.
• Execute monthly accruals, service tax accruals, and commission premium analysis to support timely financial closure.
• Maintain recovery tracking and ensure fortnightly recoveries are reflected in payouts.

Required profile

• Strong background in finance or accounting with experience in commission processing.
• Familiarity with Indian tax regulations such as PAN, TDS and service tax.
• Ability to work under tight deadlines and ensure high accuracy.
• Detail‑oriented with good analytical and reconciliation skills.

Required skills

• Oracle financial system
• CMS (Commission Management System)