AVP - Finance & Accounts - CA - BFSI

Job Description :

The position includes taking primary responsibility for all monthly/quarterly/annual accounting for the firm. It also includes preparing annual financials for all of the firm's entities and leading all year-end audit and tax compliance for both the corporate entities and fund vehicles. Additionally, this position will be required to coordinate with the US office of of the parent company for timely integration of the firm's financials into that of the parent company.

Job responsibilities include but are not limited to the following :

Accounting and Finance :

- Maintaining books of accounts for the company and any of its group company.

- Maintain general ledger system

- Post journal entries

- Perform month-end close process

- Prepare quarter-end financial statements and reports

- Approving Vendors payments/Accounts payable

Approving client bills/Accounts receivable

- Preparing year end financials

- Updating debtors schedule on quarterly basis

- Maintaining record of Historical AUM and updating the same

- Drafting accounting policies

- Preparing quarterly balance sheet review

- Year end TDS, asset reconciliations

- Handling year end audit and ensuring timely completion which includes Statutory audit, tax audit and transfer pricing audit.

- Creating and improving daily and monthly procedures, checklists, review processes, and internal control processes

-Cash flow forecasting as it relates to liquidity and investment needs

- Coordinate with all external service providers for tax and audit issues

Taxation :

- Preparing GST workings, paying balance GST and filing monthly returns with in statutory due dates in coordination with external consultants

- Prepare TDS workings and payment of TDS within statutory due dates

- Preparing TDS return and filing the same within due date in coordination with consultant

- Quarterly computation of advance tax and payment of same

- Preparing and filing year end Income tax return

- Reply on any queries from Income tax and GST department

Cash Management :

- Track all cash receipts and disbursements of the firm

- Monitor cash balances of the firm and Fund accounts on a daily basis

- Reconcile cash accounts on a monthly basis

Expense Tracking :

- Review expense reports and record expenses

- Process, reconcile, and maintain corporate credit card payments

- Budgeting and Forecasting

- Prepare monthly cash forecast update

- Prepare annual budget

Fund Accounting :

- Work closely with third party fund administrators as it relates to the review of monthly and quarterly financial statement packages for the AIF Fund

- Reconcile management fee, performance fee, carried interest, across all client managed accounts apart from the Fund

- Manage year-end audit process with third party fund auditors. Includes overseeing of administrators financial statement preparation and detailed review of financial statements and disclosures

- Manage tax reporting process for the AIF Fund in conjunction with external service providers

HR :

- Monthly preparation of salary computation and disbursement of salary

- Handling On-Boarding and Off-Boarding of employees (Joining and Leaving Formalities)

Other Miscellaneous Items :

- Monitor broker accounts of prop-trading for margin and cash collateral requirements as needed

- Manage and monitor cash flows (execute wires, manage cash to maximize interest income, related Treasury functions)

- Work with Ops team for ensuring accuracy of client performance calculations of managed accounts and performance reporting of these accounts

- Liaisoning with the government authorities with regards to direct or indirect tax scrutiny and litigation cases.

Candidate qualification & experience :

- At least 4 years experience in accounting/finance post CA. CA qualification mandatory

- Full knowledge of Tally ERP 9 and above Accounting software widely used in India

- Proficient in Microsoft suite of office products, including Excel and PowerPoint (not critical)

General skillsets:

- Excellent attention to detail, multi-tasking and organizational skills

- Excellent communications, both written and oral

- Self-starter with strong work habits willing to do what it takes to get the job done right

- Ability to work autonomously yet still be a team player.

- Proactive self-starter with strong organizational and time management skills.

- Strong sense of accountability takes clear ownership of projects

- Ethical, honest and cooperative, comfortable with compliance requirements

- Strong desire to manage all facets of a small business corporate accounting records and be able to understand the big picture

- Be comfortable working in a small office environment