Manager - Finance - CA/CMA

Manager - Finance

Key Responsibilities:

Closing : Responsible for an accurate and timely month-end closing:

1. Overseeing day to day accounting operations.

2. Verifying all cash and bank payments, journal entries.

3. Fixed Assets accounting , monthly depreciation maintenance and year end controls

4. Ensure the accounting records are prepared and maintained in accordance with the company's accounting policies, country law and IAS standards.

Governance/Compliance /Controls/Audits :

1. Ensure compliance with company's policies/procedures and relevant

2. Review and ensure internal controls are in place and working effectively - conduct reviews using internal control self assessment tool

3. Ensure necessary documentation and records in place

4. Oversee, liaise and manage the internal and external audit process

5. Lead and manage independently Audit Activities- Statutory, Tax and Transfer Pricing , Group Audit, pending Maharashtra related sales , VAT matters etc and handling all matters with statutory authorities on Maharashtra related indirect taxes.

Reporting:

1. Prepare monthly and annual financial statements while following National Accounting Principles, IFRS, and BDF Accounting & Controlling manual.

2. Preparing and Reporting Various Regional Reports like CIS/t-Rex/One sense/ Invest etc. for various periodic requirements like various forecasts ,ABP/LE etc. and as per time to time requirements of region

3. MIS Reporting - preparing and submitting timely month end reports .

Tax (Direct and Indirect) :

1. Ensure compliance with both legal and tax requirements

2. Respond to legal/tax enquires from internal and external parties and if required involve internal or external professionals to assist in the process

3. Liaise with tax agent in annual tax computation, , answer queries and provide information on direct taxes

4. Direct taxes complete handling and indirect taxes associated with Vendor Management

5. Assist and Work with Head of Finance on company structures and tax structuring/planning matters

Legal Co Secretary and ROC formalities :

1. Liaise with Corporate Secretary on corporate matters

2. Annual Returns & AGM/BOD Resolutions

3. Statistic and survey forms

4. Ensure timely submission and compliance with government bodies survey or statistical reports

5. Filing respective forms for Addition/ Deletion/any change in Directors

6. Filing of Annual Return.

7. Filing of Financial statements with ROC

8. Maintaining Board Minutes & Board Resolutions periodically

Treasury and Cash management :

1. Overview of Banking Transactions including Reconciliations, Remittances, FD Placements and Forward covers.

Cash Flow Local & BDF reporting :

1. Work on cash flow forecast and supervise the monitoring of incoming and outgoing funds to ensure the optimization

2. Ensure compliance with Corporate Reporting (TIS)

3. Work with Head of Finance on Dividends declarations back to Corporate, including the necessary documentations

4. Applying for short term loans, if required and the necessary documentations and liquidate on due date.

5. Manage fund transfers

6. Maximise Utilization of idle funds by creating deposits.

7. Submitting quarterly declarations to banks & arranging from Statutory Auditors

8. Arranging BRC's for Adv Lic Closure

WOC Management:

1. Facilitate Working capital Management including inventory, receivables and payables

Systems/ Process Owner:

1. Maintain and support the management information system (Admin and FICO Modules - Super Key user)

2. Key user and Process Owner for FICO processes/procedures for India

3. Review, identify areas of optimisation and optimize existing processes whilst ensuring a good level of internal controls and compliances with Company policies - Corporate and Region

4. Harmonise processes where possible.

Planning & Budgeting:

1. Assisting in ABP up to the preparation of SOI, B/S and Cash Flow

AR Management:

1. Customer Related Accurate accounting

2. sending appropriate collection and outstanding reports to sales force

3. periodical AR review and reconciliations

4. Ongoing follow up to expedite the resolution of pending matters

5. Liaison with advocates to recover bad debts

6. C forms, H form collection, follow up and updation

Must Know :

- Cash flow

- Audited Financials

- Direct tax matters

- Support on Indirect taxes

- Internal controls and compliances - local regulations and internal policies (Corporate and Region)

- SAP System Key User and Process Owner

- Various regional reports periodic and one time as required

Relevant Experience:

- Min. 5- 6 years of post-qualification experience in independently handling Statutory /Tax Audit, Tax matters, Management Reporting, Accounting function, managing compliances both internal and statutory is a must

- Prior experience in working with regional and global finance teams is a must

- Hands on experience in working in SAP is a must & preferably should have been part of an implementation project

Education : CA/CMA (Completed)