CA- Accounts and Manager- 12lpa- Borivali JewelleryBrand

Requirements PositionSummary:
This position overseesfinancial operations ensuring accuracy in accounting recordsadherence to budgetary
guidelinesand compliance with regulatory requirements. Role needs strongfinancial acumen attention todetail
leadership skills andproficiency in financialsoftware.
JobDescription:
1. To manage daytodayaccounting operations:
Verifyingexpense booking and payments in ERP & bankingportal.
Updating any changes tovarious masters in ERP system like banking master GL Codesetc.
Resolving all queriesrelating to expense accounting GST Accounting or accounting ingeneral.
Review of variousaccount balance ledger scrutiny accounting & MISReports for accurate and compliantfinancial
reporting
2.Monthly books closure and compiling monthly P&Lstatement for management review:
To ensure all the monthly expenses are booked accurately includingprovisional prepaid expenses OPEX &CAPEX
To ensure all accountingparameters like cost centrs location etc are captured correctly togive accurate
Accounting& MIS Reports
3.Assisting CFO to track budgets and actualspends:
Capturing department wiseexpenses for various department acrossorganisation
Tracking locationspecific expenses of variousdepartments
Following up withvarious department heads for timely submission of bills for timelyexpense booking
Drawingdepartment wise spends report
POTracking with actual bookings and tracking open purchaseorders
4. To handle various auditsand implement audit observations:
Discussing with management about audit observations &recommendations
Setting priorityfor recommendations for upcoming quarters forimplementation
Setting processesand designing process to match with auditrecommendations
5. To liaise withtax consultants auditors & companysecretary:
Setting periodicalreview with internal auditor for smooth books closing at yearend
Taking updates from taxconsultants and company secretary for changes in tax laws& regulations togain
understanding of itsapplicability to the organisation
Implementing changes in regulations by rolling out new process /updating existing process to ensuretimely
compliance
Sharing data with tax consultants for Salary TDS and getting form16 issued for salariedemployees
Identify the consultants / vendors and provide quotations to themanagement for furtherdiscussions
Manage the contractagreement and the renewalprocess
6. Finalisation ofAccounts as per accounting standards; manage external &tax audits:
Preparing variousschedule and note to accounts as per accounting standards andguidelines and companies act
Preparing various schedules and annexures for tax audits& Income Tax Return filing of thecompany
7. To drive initiativesfor process & internal controlimprovisation:
Identifyingprocess gaps or scope for processimprovisation
Implementingnecessary changes to make process user friendly andefficient
8. Configuring FA Moduleof ERP system and handling daytoday systemqueries:
Understanding workflowin new ERP system and suggesting requirements to ERP Team to havesmooth and
efficient accountingflow keeping in view regulatory framework asapplicable
Correcting usermistakes resulting in incorrect financial reporting in ERPsystem
9. Compiling details forvarious stakeholders:
Review ofmonthly stock statement for bankers details required for annualcredit facility renewal
Compilingdetails as required for taxassessments
Preparing reports anddata as per managementrequirement
10. Team Handling TeamTraining & Grooming:
Training new team members for existing accounting process and doingwork more efficiently & error freemanner
Grooming team as perorganisation values
Motivating& delegating Jr. Team members to take additionalresponsivities to manage workload inefficient
manner &keep team engaged in respective jobareas
PositionSummary: This position oversees financial operations, ensuringaccuracy in accounting records, adherence to budgetary guidelinesand compliance with regulatory requirements. Role needs strongfinancial acumen, attention to detail, leadership skills andproficiency in financial software. Job Description: 1. To manageday-to-day accounting operations: Verifying expense booking andpayments in ERP & banking portal. Updating any changes tovarious masters in ERP system like banking master, GL Codes etc.Resolving all queries relating to expense accounting, GSTAccounting, or accounting in general. Review of various accountbalance, ledger scrutiny, accounting & MIS Reports foraccurate and compliant financial reporting 2. Monthly books closureand compiling monthly P&L statement for management review:To ensure all the monthly expenses are booked accurately includingprovisional, prepaid expenses, OPEX & CAPEX To ensure allaccounting parameters like cost centrs, location etc are capturedcorrectly to give accurate Accounting & MIS Reports 3.Assisting CFO to track budgets and actual spends: Capturingdepartment wise expenses for various department across organisationTracking location specific expenses of various departmentsFollowing up with various department heads for timely submission ofbills for timely expense booking Drawing department wise spendsreport PO Tracking with actual bookings and tracking open purchaseorders 4. To handle various audits and implement auditobservations: Discussing with management about audit observations& recommendations Setting priority for recommendations forupcoming quarters for implementation Setting processes anddesigning process to match with audit recommendations 5. To liaisewith tax consultants, auditors & company secretary: Settingperiodical review with internal auditor for smooth books closing atyear end Taking updates from tax consultants and company secretaryfor changes in tax laws & regulations to gain understandingof its applicability to the organisation Implementing changes inregulations by rolling out new process / updating existing processto ensure timely compliance Sharing data with tax consultants forSalary TDS and getting form 16 issued for salaried employeesIdentify the consultants / vendors and provide quotations to themanagement for further discussions Manage the contract agreementand the renewal process 6. Finalisation of Accounts as peraccounting standards; manage external & tax audits:Preparing various schedule and note to accounts as per accountingstandards and guidelines and companies act Preparing variousschedules and annexures for tax audits & Income Tax Returnfiling of the company 7. To drive initiatives for process &internal control improvisation: Identifying process gaps or scopefor process improvisation Implementing necessary changes to makeprocess user friendly and efficient 8. Configuring FA Module of ERPsystem and handling day-to-day system queries: Understandingworkflow in new ERP system and suggesting requirements to ERP Teamto have smooth and efficient accounting flow keeping in viewregulatory framework as applicable Correcting user mistakesresulting in incorrect financial reporting in ERP system 9.Compiling details for various stakeholders: Review of monthly stockstatement for bankers, details required for annual credit facilityrenewal Compiling details as required for tax assessments Preparingreports and data as per management requirement 10. Team Handling,Team Training & Grooming: Training new team members forexisting accounting process and doing work more efficiently& error free manner Grooming team as per organisationvalues Motivating & delegating Jr. Team members to takeadditional responsivities to manage workload in efficient manner& keep team engaged in respective job areas

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