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Manager F&A

4 weeks ago

Delhi, Delhi, India GMR Airports Full time
Job Description

Job Title: Manager - Family Accounts & GEPL

Job Code: GCS

Position Reports To: EVP Finance (F&A)

Location: Hyderabad

JOB PURPOSE

- Manage the books of accounts and ensure compliance for various entities, including LLPs, Companies, and Trusts.
- Coordinate with auditors for account audits and handle loans from banks.
- Submit MIS reports, resolve statutory compliance issues, file returns (Income Tax, GST, TDS), and make statutory payments on time.
- Manage bank accounts and provide support to team members for efficient operations.

ORGANISATIONAL CHART

PositionReporting LineEVP Finance (F&A)Top-Level ManagementGM (F&A)Reports to EVPManager - Family Accounts & GEPLReports to GM (F&A)

Note: The Manager will have a dotted line relationship with other team members and departments.

KEY ACCOUNTABILITIES

Maintaining Books of Accounts:

- Review and analyze accounts for various entities.
- Clean the books by identifying and addressing pending items.
- Ensure books of accounts are updated and accurate across all entities.

Reconciliations:

- Reconcile advances, debtors, bank accounts, investments, secured loans, unsecured loans, etc.
- Complete reconciliations by the 7th of the next month.

Lease Arrangements:

- Finalize or renew lease agreements.
- Prepare and submit rental invoices to group companies and others by the 5th of the next month.
- Follow up and recover rent payments.

Bank Transactions:

- Oversee income collections and payment processing across entities.
- Monitor bank reconciliations and ensure timely tracking.

Monitoring Loans/Borrowings:

- Coordinate with bankers for loan disbursements and monitor loans availed in the GCMBCA division.
- Ensure timely EMI payments, monitor charges, negotiate for charge reductions, and update books accordingly.
- Provide periodic MIS and updates as per the loan agreements.

Indirect Tax Compliance (TDS, GST):

- Ensure statutory payments (TDS, GST) and file returns for entities within stipulated due dates.
- Respond to any notices from the tax department and ensure zero errors and no penalties.

Income Tax Compliance:

- Calculate and make payments for advance tax.
- Finalize income tax returns and file them in a timely manner.
- Liaise with the tax department for assessments and submissions.

Reporting:

- Prepare and submit MIS reports to superiors, ensuring error-free statements.

Credit Card Payments:

- Review and reconcile credit card payments.
- Clear any outstanding amounts in credit card accounts.

Audit Management:

- Finalize accounts and work closely with auditors for account sign-offs.
- Ensure timely completion of audits as required by regulatory requirements (quarterly, half-yearly, yearly).

GEPL Accountabilities:

- Manage accounts for 3-4 companies under GEPL, ensuring compliance with the above accountabilities.

INTERACTIONS

External Interactions:

- Direct and Indirect Taxation Teams for statutory compliance verifications (monthly, quarterly, annually).
- Bankers for resolving banking issues and managing loan-related matters.
- Government Departments (Commercial Tax Office, GST Office) for filing periodical returns and resolving issues.

Internal Interactions:

- CFO & CEO of GEPL for discussions on financial matters.
- Various GMR Group employees for the preparation, renewal, and execution of rental agreements.
- Statutory Auditors for the timely completion and signing of financial documents.

DIMENSIONS

Financial Dimensions:

- Revenue collection and monitoring of investments and expenses, managing amounts equivalent to annual or quarterly revenue projections.

Other Dimensions:

- Managing employees in various GMR Group companies and SSC (Shared Services Center).
- Handling communication with promoters PAs for documentation and financial management.

SKILLS AND KNOWLEDGE

Educational Qualifications:

- CA / M.Com. / B.Com., with a strong understanding of Tally, Word, Excel, and analytical skills in finance and accounting.

Relevant Experience:

- Minimum 5-7 years of relevant experience in Finance and Accounting, with a total experience of 15 years or more.

PERFORMANCE MEASUREMENT

- Completion of all reconciliations and audits within specified deadlines.
- Timely statutory payments and filings without errors or penalties.
- Successful coordination with auditors, tax departments, and bankers.
- Effective management of accounts for GEPL companies, ensuring compliance across all areas.