Finance and Accounts Manager

Our IT Client a tech innovation company headquartered in US, is engaged in the hospitality, retail, healthcare, industrial, and education sectors. With a commitment to innovation and excellence, it specializes in pioneering disruptive technologies and capitalizing on market opportunities, guaranteeing high-quality outcomes in all its ventures.

We are hiring for their subsidiary IT Offshore Development Centre in Chennai for the position of Finance & Account Manager.

Job Title - Finance & Accounts Manager

Location – St. Thomas Mount, Guindy, Chennai

Reports to – Director Indian Operations

Primary Responsibilities:

• Maintain timely accounting entries in the portal and ensure periodic documentation based on audit standards

• Carry out bank reconciliation on periodic basis

• Ensure daily entries into the portal, maintain expense categorization, update accounting legers and ensure timely documentation in records

• Prepare internal financial statements including balance sheet and P&L based on need

• Responsible for financial planning activities such as financial projections, fund management

• Responsible to maintain relationships with bankers and ensure timely closure of bank related process and submissions including Bill of Entry, foreign inward remittance filing, etc

• Responsible to represent and deliver on behalf of the accounts function towards import and export activities

• Generate E-way bill for outward supplies

• Responsible for updating asset registers from Accounting standpoint and issuing Asset IDs

• Responsible for completion of half yearly and yearly audits in coordination with statutory auditors, submitting relevant data and implementing timely changes to the accounting data, thereby ensuring smooth completion of the audit process

• Ensure closure of audit’s action points relating to internal accounting procedures and other department procedures

• Coordinate with statutory consultants and ensuring periodic GST compliance and filing of submissions such as GSTR-1, GSTR-2B, GSTR-3B, GSTR-9 and other applicable GST compliances

• Carry out GST reconciliation and related filing

• Monitor and escalate with the departments on suppliers who have not filed GST inputs

• Process, monitor, document and report payments to vendors and employee reimbursements

• Ensure timely filing of the company’s annual IT returns and plan for advance tax payments accordingly

• Support and ensure submission of information towards parent entity’s tax filing and other compliances

• Contribute and coordinate towards financial planning activities including capital infusion processes

Responsible for periodic reporting to management on financials

• Responsible for end to end payroll processing with the help of payroll software to generate pay runs, performing checks, generating pay slips, manage employee investment declaration and verifying investment proofs, processing annual increases and ensuring payroll taxation and compliance

• Coordinate with company secretary to ensure general company compliances such as planning board meetings, ensuring periodic filing with government and so on.

• Other responsibilities as assigned by management from time to time

Skills & Experience Required:

• BCOM / MCOM /MBA in Finance & Accounting or relevant fields

• Minimum of 6 years’ experience in relevant fields

• Excellent knowledge of MS Office and familiarity with accounting software

• Highly motivated self-starter, process driven and a good team player with ability to collaborate actively with other team members in a cross-functional-global environment

• Actively take ownership and accountability for internal accounting processes, and ensure timely delivery of assignments with high standards of quality

• Good analytical and problem-solving skills with great attention to detail

• Knowledge of accounting regulations, financial & Accounting reporting principles, and best practices

• Excellent communication and interpersonal skills with advanced level of stakeholder management