OLX - Assistant Finance Controller - CA

- The Assistant Financial Controller will be responsible for supporting the Financial Controller in managing the company's financial operations.

- This role involves overseeing financial reporting, budgeting, and analysis, as well as ensuring compliance with financial regulations and company policies.

- The Assistant Financial Controller will play a crucial part in maintaining financial stability and providing strategic insights to support business decisions.

What you will be doing:

Operations:

- Oversee all accounts, ledgers, and reporting systems, ensuring compliance with appropriate accounting principles and regulatory requirements.

- Ensure underlying accounting records are accurate, complete and in accordance with IND AS.

- Review monthly financial reports for accuracy, completeness and major variances between actual and budget results

- Drive operational efficiency by monitoring and improving costing activities and data accuracy.

- Identify saving initiatives and leverage economies of scale.

- Manage cash flow and forecasting by developing a reliable cash flow projection process and reporting mechanism that includes a minimum cash threshold to meet operating needs.

- Oversee and approve financial transactions and reconciliations, ensuring that robust controls are in operation and workloads are managed effectively

- Lead financial compliance, ensuring that all procedures and policies are business focused and communicated effectively to relevant stakeholders.

- Ensuring that finance activities are compliant with internal/external financial policies and regulations

Regulatory and statutory compliances :

- Build a strong internal and external Audit Framework for the Company.

- Own all audit activities to ensure seamless audits across geographies

- Manage and comply with statutory reporting requirements and tax filings

- Ensure risk identification, escalation, investigation and mitigation

- Manage and responsible for all the statutory, internal, and group audits.

Year end, Quarter End and month end reporting:

- Close the month end reporting in line with the agreed timelines

- Work closely with the local FPA team for the accurate reporting of the India numbers to the management.

- Manage the inter company reconciliations.

Tax and Regulatory Statutory compliance:

- Responsible for all Direct Tax and Indirect Tax compliance & reporting which includes IT returns, Tax provisioning, Tax Audits, DTA/DTL, e-tds returns, Transfer Pricing, Equalisation Levy, Goods & Service Tax (GST),

- Involved in tax structuring, building up taxation team and reporting, appointment of best consultant to manage our tax compliance and litigation

- Handling Income Tax, Service Tax, GST, Sales Tax, assessments, filed submissions in response to the requisitions of the tax officers and assisted directors by researching, drafting and filing tax appeals when summoned by Commissioner and Tax Appeal Tribunals

- Liaising with senior management, lawyers, consultant and clients to ensure proper lines of communication critical in addressing a myriad of problems and issues requiring immediate attention and providing immediate resolution

- Take care of annual closing entailing preparation of annual financial statement as per Indian GAAP, 3CD, 3CEB, filing of ITR and annual report with ROC.

Finance transformation /Automation:

- Lead all the finance transformation project for India

- Assessment, blueprinting, designing, implementation of any process efficiency via digital to process transformation.

Team management:

- Provide effective management and leadership to the finance team, and conduct performance and development reviews of staff managed, to ensure motivated performance, high quality service delivery and achievement of the business plan.

- Develop and maintain a continuous improvement culture, focusing on efficient ways of working for both current and new processes.

What we are looking for:

- CA: 6-8 years post qualification experiences

- Knowledge of accounting standards (IGAAP & IND-AS,) and tax requirements

- Experience in using ERP and other accounting systems and reporting packages

- Experience of working with financial planning tools

What we'll give you:

- Opportunity to work with a growing and market leader technology company

- Become the driver of growth for multiple categories on pan India basis

- Opportunity to work with best minds in the industry

- We look forward to enthusiasm that is collaborative and infectious for our growth targets

At OLX, we are committed to creating a diverse, inclusive, and authentic workplace.

We strongly encourage people of all races, ethnicities, disabilities, ages, gender identities or expressions, sexual orientations, religions, backgrounds, and experiences to apply.

We embrace diversity and welcome applicants from all backgrounds.

If you are as excited as us about this position and our company, we hope you join us! To learn more, take a look at our website.

"Our Success is fueled by diverse perspectives and talents"