Manager - Accounts - Transfer Pricing - Shipping

Manager- Accounts (Transfer Pricing, STPI)

Manager- Accounts with a Japanese Shipping Company in Mumbai, 5-8 Years Experience.

Desired Candidate Profile:

- Transfer pricing issue handling

- Knowledge of safe Harbour rules and current market practice on mark up prices

- IT assessment handling

- Direct handling of statutory audits

- Knowledge of STPI (100% export oriented) and related filings

- Inward remittance handling

- Budgets at Corporate level Accounts:

- Conducting verification of various books of accounts to detect any possible fraud and ensuring that accounts prepared conform to accounting standards.

- Preparing & maintaining statutory books of accounts, financial statements and annual reports in compliance with time and accuracy norms.

Job Responsibilities:

Finance:

- Handling Cash Flow Statements and Monthly Project Profitability Statements, Updated Order-in-Hand, Bank Guarantee, Receivable Reports, Payable Reports etc

- Undertaking research of corporate governance standards of the companies as well as carry out limited reviews of corporate entities.

Auditing :

- Managing the complete planning and management activities for ensuring completion of internal, statutory and tax audits within time and cost budget.

- Performing analytical review of financial statements and evaluation of internal control systems for carrying out Internal / Statutory / Tax/ corporate.

- Evaluating internal control systems / procedures, preparing audit reports with a view to highlight the shortcomings and implementing necessary recommendations.

- Assisting board meeting / Audit committee meeting presentation and reports.

Taxation Compliance (Service Tax) :

- Handling queries of Service Tax Authorities during assessments and representing the company in the Service Tax Proceedings.

- Handling of Service Tax Reco Service tax Statements and representing the company in the Service Tax proceedings. Calculation of Regular Service Tax and Reverse Charge Mechanism Method. Keeping in touch for updates and amendments for any new notification for direct and indirect taxes, SEZ rules towards material management, Calculation and working for Forward Books, proper entry for booking gain and loss

- Keeping track record and proper arrangement working for term loans

- Handling of Service Tax audit report with Service Tax Departments Filing ST-3 Return,

- Ensuring compliance pertaining to Service Tax Show Cause Notices under various categories, filing replies against Show Cause Notices, attending Personal Hearing submitting written submissions along with related case laws, Notifications & Circulars etc.

- Ensuring compliance against Department enquiry, information's & documents etc. pertaining Amend Application ST-1, ST-2 online Certificate, Single Premises Registration as well as Centralized certificate for more than single premises.

- Filing Returns within time limits such Service Tax Return (ST -3).

Statutory Compliance ( Income Tax & STPI ):

- Ensuring compliance with all Statutory and Regulatory requirements like maintenance of balance sheet and other statutory registers as per Companies Act.

- Monitoring timely filing of monthly /quarterly returns of STPI, TDS for Corporate and non corporate assesses as well as TDS returns on Salary, Rent, Contractor, Professional & Commission required under various Statutes.

- Handling queries of Income Tax Authorities during tax assessments and representing the company in the tax related proceedings.

Banking:

- Solely handling the Current & EEFC accounts for Mumbai & Hyderabad, Making Fixed Deposits for long term & short term with the best rates from the bank, Tracking of FIRCs, Fortnightly preparing Bank reconciliation to keep track of the bank transactions.

- Review bank accounts, check balances against ledger amounts and verifies the amount match with the financial statement. Prepare a detailed list of instructions for cash transaction like patrol and treasury staff. Maintain proper record of file bank statements, notices, reports & other supporting documentation.

Reports:

- Overhead Reporting, Monthly Scheduling for provision for expenses and income, Monthly MIS Reporting, Functional MIS, Early warning Report ( Projected Cash Flow Statement), Investment Report, Risk Management, Budget

Kindly apply with the following details:

Current CTC:
Expected CTC:
Total Experience:
Handled Transfer Pricing Issues: Yes/No
Knowledge of STPI: Yes/No
Knowledge of Safe Harbor Rules: Yes/No
Reason for Change:
Highest Qualification:

Bhawna Khemani
Recruitment Consultant
Adecco India