Manager - Accounts & Finance

Role & responsibilities

Accounting: to oversee and perform following accounting functions

• Posting of payment and receipt entries into Accounting System (Tally)
• Reconciliation of all ledger balances
• Posting of all adjustment entries
• Preparation of Fixed assets register
• Reconciliation of Income, outstanding PF and provisioning b/w local accounting system and E-front
• Finalization of Trail balance, P&L, B/S and Cash Flow statement as per Indian Accounting standards

Audits: to oversee and perform following audit functions

• Statutory audit of financial year accounts
• Audit of calendar year accounts for consolidation purpose
• Internal audits
• Tax audit of the company
• Annual GST audit
• Transfer Pricing audit
• Audit of annual accounts of gratuity & superannuation trusts

Corporate tax matters: to oversee and perform following Corporate tax functions

• Assessment of Advance tax liability & payments
• Reconciliation of tax receivables b/w accounting system and tax report (26AS)
• TDS payments and filing of tax returns periodically
• Compilation of information required to submit tax authorities on account of tax assessments
• Assessment Of GST liability and Payment
• Filing of GST returns
• Filing of annual income tax return of company
• Submitting information required to tax consultant with respect to tax appeals filed by the company

Treasury & Finance operations: to oversee and perform following treasury & finance functions

• Review and verification of all bank and cash payments
• Review of Invoices
• Updating of receipts & disbursements statement
• preparation of repayment schedules for all loan contracts
• payments to lenders as per repayment schedules
• Classification of loan contracts as per overdue payments and providing required provisioning
• Repatriation of Interest & instalment payments to OI With respect to ECB investments made by OI.

Management support functions: to perform following tasks

• Preparing budgets and Variance Analysis
• Business plans
• Funding proposals to lenders
• ALM reports
• Statutory compliances

Payroll management: to oversee and perform following payroll functions

• Processing of employee salaries
• Assessment of tax liability of each employee based on annual salary income and tax exempted savings & Investments
• Filing Of TDS returns with respect to employee salary payments
• Professional tax payments related to staff.

Reporting matters: to oversee and perform following reporting functions

• Regulatory compliances
• Reporting to Oikocredit.
• preparation of monthly results of company
• Submission of R&D statement
• Reporting to RBI- ALM, quarterly financials, SMA reporting
• Reporting to lenders- Performance reports, book debts
• Reporting to Rating agency

Education and experience

- CA or an equivalent professional qualification

- Strong experience in Ind AS and preparation of financial statements like P & L, Balance sheet, and Cash Flow.

- Hands-on experience with statutory, tax, internal, and transfer pricing audits.

- Proven expertise in managing corporate tax matters such as advance tax, GST filings, income tax returns, and TDS.

- Experience in treasury management, including cash flow management, payments to lenders, and loan repayment schedules.

- Solid knowledge of payroll management, including employee tax assessments and compliance.

- Experience in reporting to regulatory bodies, such as RBI and rating agencies, and corporate reporting to lenders and parent organizations.

- Experience in the financial services sector, particularly with NBFCs (Non-Banking Financial Companies) or similar industries.

- Familiarity with reporting tools and practices, including ALM reports and regulatory reporting.

- Expertise in accounting software like Tally.

- Proficiency in financial systems and tools, including reconciliation platforms like E-Front.