Job description
As a Finance Executive, you will oversee the day-to-day operations of a company's finances. You will be a key player in ensuring the financial health and stability of the organization. You will utilize your financial analysis and reporting expertise to make strategic decisions and provide valuable insights to the senior leadership team. Your role will require strong attention to detail, analytical thinking, and the ability to manage complex financial information.
Finance Controllers are the keepers of an organization's accounting and regulatory compliance. They're responsible for managing information technologies, insurance, sales tax reporting, and income taxes, along with outside audits from CA/CFO firms. They are often involved in detailed tasks that exceed their bookkeeping skills.Additionally, as the Finance Executive, you will stay up to date with tax laws and regulations, coordinating with legal counsel to address any tax claims or appeals and filing taxes for the organization and its employees. You will have a strong understanding of tax codes and provide tax advice to employees as needed. You will also work closely with the CFO team to develop tax strategies that minimize the organization's tax liability and maximize its financial performance.
Direct Responsibilities
? Monitor and control the cost of capital.
? Prepare monthly report variances.
? Co-ordinate and direct the preparation of weekly, monthly, quarterly, and yearly financial reports.
? Do monthly reconciliation of A/R, A/P balances.
? Ensure accurate project and department-wise costing is carried out.
? Ensure and uphold billing processes by close follow up with planning team and billing engineers.
? Ensure correct valuation of inventory assets.
? Carry-out GST and TDS quarterly return filing.
? Monitor the status of debtors and creditors and actively manage debt and collection.
? Track budgetary spending and make recommendations for improvement.
? Prepare cash flow statements to ensure adequate cash flow for business operations.
Maintain banking relationships and prepare necessary documentation such as BGs
and limit updates.
? Manage import formalities and ensure timely payment of duties and taxes.
? Address any tax claims and GST appeals and coordinate with legal counsel to ensure compliance with regulations.
? File taxes for the company and provide tax advice to employees as needed.
? Ensure that the accounting standards are upheld as per the requirements of Statutory and Internal auditor.
Supervisory Responsibilities:
? Supervise the daily closing of banking entries, including debit and credit transactions.
? Oversee the reconciliation of accounts to ensure accuracy and completeness.
? Monitor monthly GST and TDS filing, and reconciliation.
? Supervise and track GST ITC and purchase and sales reports.
? Handle and oversee insurance claims to ensure timely resolution.
? Manage and supervise the petty cash management process to ensure compliance with company policies and procedures.
? Oversee Banking transactions and inform the COO of any error or suspicious activity.
? Ensure payroll processing and creditor payments are done aligning with TDS rules.
? OverseeKnowledge & Skill Requirements
? Bachelor's degree in finance, Accounting, or a related field. A master's degree is preferred.
? A minimum of 2 to 3 years of experience in a similar role.
? Strong knowledge of accounting regulations and standards.
? Excellent financial analysis and forecasting skills.
? Experience managing a team of accounting professionals.
? Excellent communication and interpersonal skills
? Ability to work independently and in a team environment.
? Project management skills
? Fair knowledge of SAP Business By Design / other SAP ERP Products
? Fluent in English, Hindi, Tamil
Behavioral requirements
? Analytical thinking
? Attention to Detail
? Ability to communicate financial information to non-financial stakeholders and collaborate with team members.
? Problem-Solving skills
? Ability to deliver deadlines under pressure.
? Discipline, consistency and highly reliable person.
? Ability to assist the company and employees in making the best financial choices for them to save on tax and increase revenues.
? Continuous learner.
Physical requirements and working conditions.
The candidate will be expected to travel occasionally and independently to the project sites across India.
Job Type: Full-time
Pay: Up to ?25,000.00 per month
Schedule:
• Day shift
• Morning shift
Experience:
• total work: 3 years (Required)
Work Location: In person
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