Assistant Manager - Project Taxation

Responsibilities

• MIS and Financial Reporting. Consolidates monthly/quarterly updates of various projects on revenue, expense, outstanding, cash flow, billing . Prepares financial statements, monthly closing and cost accounting reports. Prepares MIS report for the region on a weekly , quarterly and monthly basis. Prepares project MIS to be sent to JV partner at defined frequency. Accuracy and timeliness.
• Bill payments. Verifies bills received from Contracts/ vendors/ suppliers w.r.t signed agreements, statutory compliances etc. Coordinates with respective departments / vendor / supplier / consultants for clarifications if any. Follows up for approval of payments with HO team for payouts beyond lakhs (specified limit). Prepares cheques for payout process. Authorizes payment basis availability of funds in allocated account. Schedules payments of bills- electricity, rent , contract bills etc. Arranges for fund transfer to JV partner(s) according to the agreement. TAT. Adherence to agreement, taxation laws and authority matrix.
• Accounts Maintenance. Compiles financial information to prepare entries to accounts, such as general ledger accounts, bank reconciliation. Makes timely entries to ensure real time updation of Books of accounts on SAP, accuracy and right booking. Books billing/payments/ revenue / profit and project completion according to company codes. Consolidates region accounts and completes Quarterly / half yearly/ annual book closing activities. Ensures adherence to accounting guidelines. Studies upcoming JV agreements for transferring entries to existing books. Updated books of accounts.
• Banking transactions. Monitors bank accounts and coordinates with banks for status of allocated fund from HO , transfer of funds and collections. Provides inputs on fund status and additional fund requirements to HO. Completes bank reconciliation activities on time. Resolves loan related issues with banks.
• Treasury. Monitors allocated fund from Corporate. Manages allocated fund to projects, interests charged, remission etc. Timely Availability of funds.
• Collection. Monitors and updates customer collection status. Addresses and resolves financial/ collection related queries by customer.
• Tax Payment. Ensures GST Tax payments as applicable for Bangalore and Chennai/ deductions on land and labour component. Verifies deduction of service tax from customer and vendor payments. Prepares details of Work Contract tax (WCT) to HO for DD preparation. Ensures timely filling of Service tax / WCT payments through consultants. Timely and accurate filing of tax returns.
• Audit. Interacts with internal and external auditors for documentation submission requirements. Clarifies queries raised by auditors. Effective handling of audit queries.
• Administration. Vendor accounts, Stationery purchase, courier empanelment, AMC. Vendor payables, cash management , fund management. Cost Saving. Process. Process Adherence. Complies with company defined guidelines and processes. Adheres to project timelines. % Process compliance. Process Improvement. Identifies processes/procedures in own work area that need improvement . Recommends process improvement ideas to streamline efficiency/costs/productivity. Undertakes process improvement activities in own work area. Initiatives taken. Impact of process improvement ideas.
• Working Relationships (Internal And External). Internal Interfaces. Purpose of Interaction. Design, Projects, contract, BD. For daily financial activities /payments/ reports. Marketing & Sales. Customer payments/ generation of Reports for sales admin team for documentation / record keeping. External Interfaces. Third Party Contractors. PF, ESI, contract documents. Local Consultants. For local tax payments. Tax authorities. For filing of returns. Auditors. For audit related clarifications. Customer. For resolving customer related problems. Banks. Money transfers, payments, collections, etc. JV Partners. Maintaining their books of collections.
• Decision Making Authorities. Functional. Issue of cheque. Recommendation for appointing consultants. Financial. Signing authority for cheques clearance upto 25 lakhs, post signature of regional head.

Position Specifications

• Education Qualification & Experience: CA.
• Threshold Education Qualification & Experience: CA, 2 to 4 years experience, preferably in real estate or Big 4(statutory Audit).

Functional/ Technical Competencies

• Accounting Standards and guidelines
• Financial Policies and Systems
• Indirect Taxation Knowledge
• Understanding of real estate
• Basics of construction processes
• MIS Reporting
• Analytical skills
• SAP
• MS Office
• Accounting software

Behavioural Competencies

• Leading Self: Initiative: Drive Ownership, tenacity; Hunger to Learn & Improve: Humility, Growth Mindset, Committed to Change; Emotional & Social Awareness: Maturity, self Awareness, Influence.
• Leading Others: Leading Team: Creating high performance team, Adaptive, Motivator; Developing Others: Nurtures Talent, Feedback, Mentoring; Fostering Collaboration: Godrej First, collaborates, Builds Bridges.
• Leading Business: Customer Centricity: Insightful, Innovates, Delights; Acting strategically: Envision, frames Issues, Action Orientation; Delivering Results: commercial Acumen, Execution Excellence, Agility; Institution Building: Role Model, Knowledge Sharing, Shape Culture.

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.