We are seeking a proven “Manager - Finance & Accounts” to handle the entire Finance & Accounts function of the company which includes (but not limited to) Financial Planning & Analysis (FP&A), AR, AP, Taxation (direct & indirect taxes), statutory compliance, revenue operations, Risk Analysis, Vendor Management etc.
Principal responsibilities:
The incumbent will be responsible for :
- Accounting & Book Closure Activity :
- Review of Provision of Expense.
- Review of Fixed Asset Register.
- Review of Prepaid Expense Register.
- Revenue Reconciliation of Invoicing System Vs Books on a Monthly basis.
- GL Review & Sign off on a monthly basis and take necessary steps to ensure compliance with Indian GAAP.
- Preparation of Standalone and Consolidated Financial Statement as per Indian GAAP.
- Obtaining Ledger Confirmation from Vendors and Customers on a Quarterly basis.
Indirect Taxation
- Reconciliation of GSTR 3B & 1 return with Books (including RCM Liability and ITC).
- Monthly GSTR 3B & 1 Review and Sign off for filing.
- Preparing working & filing GSTR 9 & 9C.
Direct Taxation (incl International Taxation)
- Review of Working & Payment for withholding tax compliances.
- Review and Sign off of quarterly TDS return filing for forms 26Q & 27Q.
- Working knowledge of Tax implications & compliance requirements on payment to Non Residents. Working knowledge on compliance requirements for transactions relating to Transfer Pricing within and outside India.
- Application of Lower Deduction of Tax Certificate on a Yearly basis.
- Working knowledge of payments and returns of Equalization Levy.
- Review and Filing of Income Tax, Tax Audit & Transfer Pricing Report
Treasury Management :
- Ensuring effective working capital management across the Banks.
- Maintaining relations with Bankers on an ongoing basis for all the present and future banking requirements.
- To ensure optimum utilization of reserves.
MIS, KPIs, and various reports for Management Review :
- Preparing/developing various management reports/KPIs/dashboards e.g. Revenue analysis; Cost analysis; Function wise/POD wise cost analysis; Product profitability; any other reporting requirement.
- Preparation of various MIS reports for management, investors, bankers, etc.
- Payables and receivables ageing analysis, reconciliation on agreed frequency basis.
Internal, Statutory Audit, Tax Audit & GST Audit :
- Ensuring day-to-day accounting transactions are done based on set internal controls.
- Setting documented Internal processes, creating SOPs for accounting for effective review and control.
- Coordinating with the Internal Auditor and cross-functional team to ensure smooth Internal audit progress.
- Handling end to end Statutory Audit Assignments from initial request till finalization level and ensuring timely closure of Statutory audit as per committed timelines.
- Review and Handling end to end Tax audit (incl Transfer Pricing Audit) up to Income Tax Return filing level.
- Review and Handling of GST Audit up to return filing level.
Handling Tax Assessments :
- Preparing Data relating to Income Tax Assessments, coordinating with a consultant, and submitting the response to the relevant authority
- Preparing Data relating to GST Assessments, coordinating with a consultant, and submitting the response to the relevant authority.
Requirements:
- Accounting and Analytical skills: Qualified Finance Professional with 3 to 6 years of experience in Financial Accounting and Reporting or Management Reporting and Analysis.
- People Management: Should have experience in leading the team.
- Good Accounting knowledge - Income Statement Analysis, Balance Sheet, Journal Entries, etc.
- Communication skills : Strong communication and interpersonal skills.
- MS Office skills: Should have strong MS Excel skills.
- Able to work and communicate effectively as part of a cross-geographic, cross organizational and cross-cultural team.
- Strong team player and ability to work in large groups across the organization.
- Strong customer-focused and result oriented.
- Stay abreast, through regular research and reviews of periodicals, etc., of developments in GAAP and IFRS and identify areas of possible impact to the company.
- Maintain up-to-date accounting policies and procedures manual (including changes affected by the above) and regularly update for changes in our business.
- Ability to effectively present information and respond to questions from groups of directors, managers, clients, and customers.
- Ability to independently define problems, collect data, establish facts, draw appropriate and well-thought conclusions, and articulate conclusions clearly.
- Ability to work in an environment where there may be some ambiguity in responsibilities as the company grows.
Education and Experience :
- A Finance Professional with a B.Com or CA degree. MBA in Finance will be an advantage.
- Experience in leading/managing the Finance team for a Startup is mandatory.
- Outstanding written and verbal communication skills.
- An Eye for details is required.
- NetSuite experience preferred.
- Bi-lingual in English for communication with corporate.
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