Vice President

2 months ago

Mumbai, India iimjobs Full time

Vice President-Finance & Accounts


Overall Purpose/Objective Of the job - Responsible for overall Accounts, taxation, audit, MIS budgeting & finance for the company & the SPVs.

Key Responsibilities:

1. ACCOUNTS:

- To monitor day to day accounting activities including accounts payable and receivable function

- Responsible for preparation and timely closure of Quarterly & Annual Financials of listed entity and its subsidiaries

- Responsible for consolidation of Financial Statements of listed entity on quarterly and annual basis

- To ensure proper internal financial controls are in place and they are in line with regulatory framework

- Ensure all vendor bills/ invoices are cleared as per defined timelines

- Sound Knowledge of IND AS, Companies Act, IFC's and other allied Corporate and Accounting Laws

2. TAXATION:

- To monitor timely completion of various compliances under Direct and Indirect Tax Law

- Ensure timely and accurate payments of tax's as applicable under Direct and Indirect Tax Law

- Checking and ensuring timely filing of various tax returns under Direct and Indirect Tax Law

- To handle various IT Assessments and ensuring timely submission /replies of various notices

- Ensure timely submission to any show cause notices under Indirect Tax Law

- Technically sound about various tax provisions

- Responsible for implementation of changes in various tax laws and must be updated about changes in tax laws

- To interact with external consultants / Government officials in relation to various tax related matters

3. AUDIT:

- Responsible for completion of Statutory Audits of various SPV's

- Responsible for timely completion of Internal Audits of various SPV's and ensure that same is conducted as per pre-defined scope

- Sharing summary of key observations of Internal Audit to Management including any corrective action to be taken on the same

- Ensure compliances with all findings/ recommendations from internal/ external audits

- To ensure timely completion of Tax Audits, Cost Audits etc of various SPV's

4. MIS AND BUDGETS:

- Preparation of Projections on Quarterly and Annual basis

- To monitor Budget Vs Actuals and do variance analysis

- Preparation of Monthly Cash Flow

- To monitor and review various critical Financial and Accounting MIS

5. OTHERS:

- Designing and implementing various SOP's to strengthen Internal Control across various businesses and SPV's

- To interact with various functional heads and regional Financial Controllers

- Sharing of various information to consultants for any due diligence activity

- To contribute towards any potential merger and acquisition activity

- To work towards automation of various processes

- To monitor, guide and coach team members

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