Assistant Manager

1 week ago

Chennai, Tamil Nadu, India Frost & Sullivan Full time
Assistant Manager, Finance & Accounting - Chennai, India

About the team/Practice Area


Frost & Sullivan is at the center of an ecosystem of best practice cultivation, executive peer support, and cutting-edge insights that is singularly focused on reshaping the world through managed growth.

About the Role

The Assistant Manager supports the Manager in various aspects of overseeing and executing the process. They assist with scheduling, resolving operational issues, and may also be responsible for managing specific projects. This could involve budget management and representing the Manager in meetings with clients and suppliers. Staying informed about industry developments and best practices related to transformational management is crucial for Assistant Managers. Strong organizational, leadership, and communication skills are essential, along with technical knowledge.

Responsibilities

Secretarial Matters

A) India
Preparation of Board Minutes, AGM / EGM minutes & Coordinating with Company secretary for minutes finalization.

Monthly / Quarterly / Annual compliances required as per Companies Act including but not limited to filing of various forms on MCA portal.

(MGT 7, DPT 3, MBP1 / DIR 8

Analysis of spend areas for CSR - Statutory Spends; filing of Form CSR-2, review of proposals for spends, obtaining certificate from audit firm to access CSR amount.

Dividend Declaration - Preparation of Minutes, Calculations & arranging for Provisional financials, Certificate from Secretary, transfers to Unpaid Dividends, Board approval for dividend.

Facilitate / support for closure of books of accounts for Gratuity trust for FY22-23. Audit and completion tax filings with Tax authorities.

Annual Accounts filing in XBRL format with Ministry of Corporate Affairs (Forms AOC-4, MGT-7); Obtaining compliance certificate from the practicing Company secretary in MGT-7 form on annual compliance status.

Obtaining MSME Declaration for the Company.

Renewal of working Capital Facilities renewal (Including BG facilities) with PNB and Citibank - Preparation of Documents for renewal, Charge creation, Obtain credit rating report.

Online Renewal for Import Export Code of Frost & Sullivan India with Director General of Foreign Trade (DGFT) - Annual filing
Online Filing of Statement of Foreign Liability & Assets (FLA) with Reserve Bank of India - Annual filing
Online Renewal of Legal Entity Identifier India Limited (LEI) number of Frost & Sullivan India - annual filing

B) Middle East, Israel & Africa


Bank Guarantee Sanction letter renewal - Follow ups with the Banks & providing necessary information requested for Annual review of sanctioned facility.

Updating of records with the license authority if any, Economic Substance Reporting (ESR Filings) with Ministry of Finance, Dubai, Ultimate Beneficial Owner (UBO filings) with DMCC.

Drafting of Resolutions & other secretarial matters, whenever necessary
Facilitating opening of bank account if required by management.
Insurance Evaluation & GAP analysis for Saudi Arabia.
Facilitate / assist in process of de-registration of South Africa & Pakistan entities.

Accounts Receivables - Collections
Collections – Follow-ups, Notation against each invoice in the accounting system for India & Middle East.
Weekly Aging report for the region (MEASA).

Client Account reconciliation - Netting of credit memo & prepayments against Invoice balance outstanding on a weekly basis and ensuring that there are NO open document remaining unadjusted for month than 30 days.

Ensuring Overall receivables above 90 days are 15% or less of the Total AR outstanding.

Keeping a close watch on outstanding receivables > 180 days and to ensure all outstanding receivables above 180 days are either collected or proposed for write off to the management.

Passing Client Collection Entries and TDS Receivable entries in the accounting system and maintaining a register of collection received.

Audit Support – Group / Statutory / Tax Audit - This includes preparation year end ageing reports, arriving at provision to be created for doubtful debts, Analyzing the movement in doubtful debt provision, Bad debts schedule.

Reconciliation of TDS receivable recorded in books with Form 26 AS
Attend to any request from the management or Sales team time to time during the CY 2024 w.r.t collections.
Review and discuss with manager for process improvement.
Manage key stakeholders by sector/practice area to ensure expectations are met/exceeded, timelines are heeded
Develop excellent quality content

Required Competencies

We're looking for candidates who –
Work with a global team of experts to create a powerful customer experience
Preferably CA (Inter) qualified candidates
Manage key stakeholders to ensure expectations are met/exceeded, timelines are adhered and provide regular update to the reporting Manager.
Develop excellent quality content.
Work with a global team of experts to create a powerful customer experience.
Are Well-organized and detail-oriented
Take ownership to work independently with remote supervision
Can multi-task and meet tight deadlines
Are disciplined and adhere to high-quality standards
Is a strategic thinker; understands how operational activities are vital in supporting the overall strategy of the business

What will make you succeed at Frost & Sullivan?..
You need to be-Wildly curious and entrepreneurial
Committed to customer success
A self-starter invested in your future
A persuasive communicator
Deeply Analytical
Excited about Disruptive Trends

Benefits
Competitive base salary plus bonus opportunity.
Frost Flex Policy.
Attractive Medical and Accident insurance.
Regional travel opportunities.
A friendly open environment with a diverse and international operational focus.
A definite career path with numerous growth opportunities.

You will be part of a winning, global team that fosters teamwork and an Olympic spirit while enhancing your communication and people skills.

Encouragement to develop your intellectual curiosity and will be provided the ability to collaborate across all levels of the company across the globe.

Global awards & recognition opportunities & awards - President Club & Chairman Club Awards
"Best in class" global team that strives for excellence.
Matrix structure with high visibility to top leadership
Growth Coaching University Certification.

About Frost & Sullivan


Frost & Sullivan, the Growth Pipeline Company, has spent more than 60 years partnering with clients to develop transformational growth strategies by focusing on innovation and growth opportunities driven by disruptive technologies, mega trends, emerging markets and new business models.

Today, more than ever before, companies must innovate, not only to survive, but thrive in the future.

Our Growth Pipeline Management (GPM) system supports clients by identifying and evaluating new growth opportunities and serves as the foundation for continuous growth.

This is your opportunity to be part of a revolutionary global team that truly inspires positive global changes by innovating to zero.

Learn more about Frost & Sullivan at

Frost & Sullivan is committed to a work environment free of all forms of discrimination. Frost & Sullivan recruits and hires without regard to race, color, religion, gender, marital status, age, disability, national origin, veteran status, or sexual orientation

Due to overwhelming responses, only short-listed candidates will be notified.

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