Job Description

Operational

- Timely preparation of month end Profit & Loss Account, Balance Sheet and management notes as per

accounting practices and standards (IFRS) along with all schedule, assumption and variance analysis latest by 3rd working day of every month.

- Preparation of fund flow and cash flow statement including fund application / movement analysis

- Efficient and effective utilization of BPO accounting services including MIS reporting and monitoring

- Timely preparation of annual income and expenditure budget based on business plan and past trends

- Ensure timely transactions processing and accounting including verification, validation and authorization

as per agreed upon process

- Ensure propriety of financial transactions with preventative controls including pre-audit, verification,

validation and accuracy check for all payments including (P2P - Procurement to Payment Cycle with three-way match of Purchase Order - Invoice - Goods/Services Receipt Note)

- Work with external auditors and ensure Financial Statements are audited as per regulations

- Liaising with external institutions - Banks, Tax Departments, Rating Agencies, Auditors and others on the

financial and legal matters and other statutory and non-statutory compliances.

- Working with banks for various financial and loan transaction and providing necessary documents for

LC/BC creation, other Export & DP related documents

- Opening and discounting of foreign letter of credits

- Fund flow and Export Finance management

- Applying extension of banking credit limit

- Timely accounting and reconciliations of all income and expenditure transactions including bank

reconciliations, debtors' reconciliations, creditors reconciliations, inter-company, and inventory

reconciliations etc.

- Identify, analyse, report and regular follow-ups on any open items in reconciliations to mitigate risk from `

any invalid financial transactions or working capital blockages

- Identify, analyse, report and follow-up on ledger scrutiny of key accounts

- Timely capitalization of all fixed assets including maintenance of Fixed Assets register and physical

verification of Fixed Assets on yearly basis

- Provide value adds to management in terms of any major capex - from ROI, Pay-back period, buy vs. lease

and cost benefit analysis

- Regular compliances of local taxation and regulatory laws and regulations with the help of external

consultants and in-house expertise

- Identify, analyse, report and follow-up on risk from taxation and regulatory non-compliances and suggest

appropriate legal ways for risk mitigation with the help of consultants and experts

- Identify and suggest taxation plan and measures which optimizes benefits available under different laws,

schemes and regulations

- Regular and timely compliances and payments of tax to have minimum or zero penalty and fines from

non-compliances

- Timely payment of Direct, Indirect Tax & Statutory dues.

- Filing of statutory return - GST, TDS, Income Tax, Profession Tax, PF, ESIC etc.

- Coordination with Consultant & Statutory Authorities for scrutiny and regular assessment.

- Preparation of working capital monitoring reports (stock statement, FFR etc.) for the Banks.

- Preparation of monthly projection of fund inflow & outflow. Give regular update to management about

fund position.

- Maintain a system of policies and procedures that impose an adequate level of control over treasury

activities.

- Controlling LC opening and payment on due date.

- Review export documentation submission with bank and realization of inward remittance and also

managed import payment with regulatory compliance.

- Authorization of online payment and control over offline fund outflow activities like payment to Vendor,

Salary, Statutory dues, internal transfer of group and associate company). Liaising with Banks for daily

routing banking like fund transfer, RTGS/NEFT and also coordination for FD open and negotiation for the

Interest Rate.

- Ensure compliance with internal control procedures in performing day-to-day transactions processing

- Formulation and adherence to policies and procedures in the organisation

- Maintain and manage General Ledger according to defined accounting principles

- Manages and maintains on-going and period-end ledger postings in an accurate and timely manner

- Liaise effectively with the external auditors to ensure that efficient and effective audit process is carried

Out.

- Monitor organisational cash flow and liquidity to ensure the availability of funds required financing

business operations, business plans and budgets. Track and control consolidated cash flow

- Manage Taxation and provide taxation reports

- Supervise the creation and maintenance of master data for new / modified assets, depreciation rules etc.

in IT systems, determine depreciation provisions, and process on-going transactions (asset capitalization,

asset sales, depreciation and amortization etc.) and reports assets/depreciation details

- Management and timely payment of salaries

Job Type: Full-time

Pay: ?1,500,000.00 - ?2,500,000.00 per year

Schedule:

• Day shift

Application Question(s):

• Are you CA Qualified?

Experience:

• Financial accounting: 7 years (Required)
• Financial planning: 7 years (Required)

Work Location: In person

Speak with the employer
+91 9892997150