Manager - Finance & Accounts

Key Skills -

- Banking

- Finance

- Budgeting

- MIS

- Consolidation

- Taxation (Direct & Indirect)

- GST implementation

Job Description -

1. Controlling of Accounting Functions

- A/R-Monitoring the Monthly Invoices submitted to customers based on Commercial Agreements.

- Ensure Properly discounts Credited in Customer`s A/c

- Scrutiny of Debtors a/c & Reconciliation.

- Debit & Credit Notes issued as per agreements.

- A/P- Controlling on Advance Payment & Bill Booked in A/cs.

- All GL Scrutiny & up to date with accurate reconciliations.

- Maintenance of books of accounts as per relevant standards & rules.

- Manage the Operations of accounting department with other departments.

- Preparation of MIS as per decision making & business needs.

- Preparation of Budgets & Variance Analysis.

- Reporting of the finding to the management.

- Presentation of Financial Statements as per Companies Act.

2. Closing of Monthly & Yearly Books of Accounts

- Scrutiny of Monthly Trial Balance& Preparation of Cash Flow Statement with Profit & Loss a/c including all provisions.

- Supervision & Scrutiny of Statutory liabilities i.e. Excise/Service Tax, Vat, TDS, ESIC /PF.

- Capitalization of Fixed Asset & Depreciation thereon.

- Scrutiny of Creditors & Debtors a/c.

- Scrutiny of Overheads A/cs.

- Inventory Valuation & Reconciliation of All Modules.

- Finalization of Profit & Loss A/c with Balance Sheet Quarterly/Annually.

3. Costing

- Preparation of Cost Sheet for different products.

- Decision making on the basis of contribution

- Revised Pricing for existing Products

- New Pricing for New Products

- Cost Reduction & Cost Control measures

- Take further step to reduce in Cost.

- Depth analysis of Material, Labour & Overheads

- Apportionment of Cost on the basis of proper justification

4. Statutory Compliances-Income Tax/Vat/Service Tax/Banks & others

- Involved of Issues of Excise /Sale Tax/Service Tax/TDS / ESIC/PF Returns & show cause notices.

- Involved in Audit of Excise/Service tax/Vat.

- Involved in Finalization of Sale Tax Assessment Cases.

- Scrutiny Cases of Income Tax, Reply of Show Cause Notices.

- Ensure the TDS of Employees Salary, Contractor's Payment, Professional, Rent etc.

- Co-ordination with Statutory & Internal Auditors in the areas of Receivables, Payables, Inventory & Direct & Indirect Taxes

- Transfer Pricing Audit, Tax Audit Report, Income Tax E Compliances.

5. Direct Tax & Indirect Taxes Matters

- Responsible for Tax Audits / 92 E / Transfer pricing / Tax Return - Yearly.

- Calculating advance tax, Computing taxable income & tax liability, directing to pay Advance tax

- Drafting the Submission and replies to various notices relating to Income Tax assessment(including TDS and TP Assessment), Appeals and Penalty proceeding issued by Income Tax Authority

- Coordination with Consultant on finalization of Transfer Pricing Study Report and Tax Audit Report.

- Liaison with Statutory and Tax Auditors, Consultants and Senior Counsels on various Direct Tax matters.

- To keep track on all updation in tax related case laws/notification/surplus circulated in ITR and other Tax Journals/Tax websites and share the same with other counterparts/officials of the company.

- Drafting the Submission and replies to various notices relating to Excise & Service Tax Departments, Appeals and Penalty proceeding issued by Authority.

6. Banking- Documentation & Bank Compliance

- Fund Arrangement -Working Capital & Term Loans including both fund-based and

- Familiarity with Banking Norms for fund raising & Formalities related credit facilities.

- CMA Data Preparation for Proposals.

- Fund Flow Management on Daily Basis.

- Banking Liasioning with all the Consortium Banks.

- Presentation of Quarterly Consortium Meetings.

- Reduction of Processing & Other Charges.

- Joint Documentation for Consortium

- Due Diligence Report

- Finalization of Financial Modeling for Road Projects

- Equity IRR & Project IRR for Hybrid Projects.

- Projected Cash Flows & Profit & Loss a/c & Balance Sheet.

- Open/Amended/Acceptance of Letter of Credit.

- Open of Bank Guarantees/Reduction/Extensions.

- Forward Booking/Cancellation/Delivery.

- Open FD/Renew/Margin Release.

- Get External Credit Rating from ICRA/CRISIL.

- Charge Create/Modified/Satisfy of Securities.

- Stock Statement/Physical Progress Report.

- Ensure timely submission of compliances.

- Compliance with WC Covenants Including CMA etc.

- FEMA/RBI/NBFC Guidelines.

- Responsible Matters Relating to FEMA.

- Dealing with Banks for operations.

- Preparation of Weekly/monthly Cash flows.

- Dealing with banks for LC opening, Domestic and foreign bills Discounting, LC open, availing Packing Credit, and Buyer Credit etc.

- Obtaining various certificates, remittance inward and outward

- Advises from bank and verification of same.

- Verification of interest charged by banks under various facilities.

- Preparation of CMA data for banks, Cash Flow, Fund Flow, Ratio Analysis.

- Exposure on Working Capital & Term Loans proposals.

- Discussion and providing Justifications and coordination with Banks for various Loan proposals.

- Arranging Payment of LC/BC/PCFC & Raw Material & Other Expenses.

- Discussion and providing Justifications and coordination with Banks for various Loan proposals.

- Planning, Analyzing of FOREX Booking and availing Forex hedging.

- Analytical and interpretation skill of various financial reports.