MAQ Software - Chartered Accountant

Chartered Accountant

- We are looking for two chartered accountants (CAs) to support our Office Administration, Accounting, and compliance with local laws and regulations.

- The Chartered Accountants will support accounting operations teams across our three India locations. We outsource our bookkeeping and payroll. As a part of accounting operations, you will support our external partners by providing required invoices, payment records, and supporting documents.

- As a part of the team, you will also support capital and operating expenses exceeding two hundred crore Rupees per year. In partnership with the external payroll processing provider, you will also work on preparing and finalizing payroll for over 1,000 employees every month. Based on your expertise, you may also receive exposure to financial analysis relating to the setup of new companies, business operating models, and government incentives for investments.

- Due to the fast-paced and distributed nature of our projects, our company plans to appoint a Professional Chartered Account to support our fast-paced operations in Mumbai.

- This position is ideal for a Chartered Accountant who is interested in building their professional practice while devoting at least five days per week. The candidate will be paid a professional fee (not salary) for their work.

Key result areas as a percentage of overall work items will be:

Financial Analysis (10%):

- Help review company structure (LLP versus Private Limited, etc.) and simplify operations.

- Analyze government incentives and payment plans to maximize Internal Rate of Return (IRR) and project Net Present Value (NPV).

- Prepare reports and presentation from Managerial Accounting point of view (strategic and big picture point of view versus audit point of view).

Compliances (20%):

- Ensure compliance with the requirements of SEZ, customs, and other government bodies.

- Ensure legal compliance for wages, PF, ESI, and Shops and Establishment Act, etc. for contract resources in all offices.

- Renew licenses under the Shops & Establishment Act and maintain all the records.

Accounting Operations (25%):

- Manage banking activities and relationship with our bankers.

- Review internal audit reports to ensure financial compliance.

- Create and maintain cash flow statement, and monthly/quarterly/annual budgets.

- Ensure financial statements are completed accurately and resolve any differences or issues.

- Manage petty cash process and transactions, including reimbursement for employees.

Vendor management (25%):

- Lead the price and service negotiations and manage all key agreements/contracts for all the company offices in India. This includes, catering, housekeeping, landlord/ rental relationships, security, and all other contractors.

- Lead the procurement activities for all offices by analyzing prices, timeliness, and quality.

- Prepare Pay Orders, manage procurements and ensure on-time delivery.

- Support international and domestic travel, visa, currency, ticket & accommodation arrangements for company employees & visitors.

- Establish and maintain hard copy and electronic filing systems for departmental data, documents, and other materials

Payroll Support (20%):

- Review the salary input files for all the company offices in India.

- Coordinate with the payroll agency to ensure accurate salary disbursements.

- Support the HR team for financial and taxation related queries.

Candidate Profile: Qualifications should include:

- Qualified Chartered Accountant

- Ability to travel to various government offices in Hyderabad.

- Proficiency in Microsoft Excel and newer online tools.

- Excellent analytical and communication skills (English medium schooling)

Experience: 1-3 years.

Compensation: Our company will offer a fixed monthly professional fee (not a salary)