Deputy Manager/Manager - Finance & Accounts - Automotive

DM/Manager- FINANCE & ACCOUNTS

- Maintaining timely and accurate financial statements and reports that are appropriate for the users and in accordance with generally accepted accounting principles (GAAP)

- Apply and communicate Ind-AS requirements and be ahead of new guidance to assess the financial reporting or note disclosure impacts to the financial statements

- Prepare all supporting information for the annual statutory audit for the assigned areas and liaise with the external/internal/tax auditors as necessary

- Ensures that there is an effective and efficient system of internal controls including; data integrity, asset protection, segregation of duties, budgeting, financial reporting, information systems and adherence to corporate policies and governmental regulations

- Passing of adjustment entries related to foreign payments outstanding on monthly basis as per IND AS

- Monitoring the plant's monthly closing process

- Engage in ongoing cost reduction analyses in all areas of the company

- Notify and report to senior management concerning any trends that are critical to the organization's financial performance.

- Preparing & Monitoring Capex & Opex outflow.

- Ensure adherence to all applicable legal statutory requirements including GST, excise, income tax, sales tax and other laws i.e. commercial Taxes (VAT, CST, WCT), Excise and Service Taxes

- Preparation of MIS (Daily, weekly, Monthly, yearly)

- Preparation and checking of Operation, Project Invoices.

- Fixed Assets Accounting (addition & retirement)

- Finished goods Valuation as per IND AS-2 and their quantity reconciliation.

- Raw Material Quantity and Value Reconciliation.

- Reconciliation of Vendor/ Customer Balances.

- Monitoring of Payment.

- Monitoring Fund Based and Non-Fund Based limit availed from Financial Institutions

- Forecast cash flow positions, related borrowing needs, and available funds for investment

- Timely renewal of fund based and non-fund based limits with Banks

- Submission of Documents to Banks on monthly basis related to working capital availed e.g. Stock Statement

- Timely submission of documents to Banks on receipt of foreign remittances

- Monitoring Bank Guarantee issued/received

- Opening and Tracking of LC payments

- Ensuring coverage of Fire, Burglary, Transit, and Personal Accident Insurance.

- Meeting of Export and Import Compliances like Custom duty calculation and payments, submission of various documents to customs relating to import and export.

Location: Manesar

Salary offered: 12-19LPA