Finance Specialist

22 hours ago


Nashik, Maharashtra, India Ashoka Buildcon Limited Full time
10+ years of experience in handling accounting / financial activities for International Infrastructure Projects including audit at overseas location and tax assessments

Educational Qualification - CA / MBA ( Fin.) with 10+ yrs. of Account& finance experience in preferable from Infrastructure / construction industries

Job Description:

- Responsible for compliance, RBI, FEMA, and FC transactions.
- Preparation and submission of reports to Exim bank, world bank as per contract and requirement. (DPX, India contain, Monitor forex exposure, banking operations, and repatriation requirements in coordination with treasury and compliance leads)
- Lisioning with insurance companies for insurance bond, etc
- Monitoring and ensure statutory compliance at overseas projects and assessments as per host country laws.
- Obtaining approval from AD Bank
- Obtaining FIRC
- Quarterly financial statements, P&L reports, Cash Flow from each overseas branch for merging with India, parent company.
- Lead and manage accounting activities for international infrastructure projects.
- Oversee project financial reporting, budgeting, and forecasting.
- Ensure compliance with international accounting standards and regulations, including IFRS.
- Prepare accounts as per Indian and international standards.
- Coordinate and support audits for international verticals including statutory, internal, and project audits.
- Handle foreign exchange transactions, including exposure monitoring, Hedging and risk mitigation.
- Administer letters of credit, bank guarantees, and related trade finance instruments.

Key Performance Indicators:

- Timely finalisation of financials from all international projects, branch, subsidiaries.
- Accuracy of budgets and variance reporting, Cash Flow.
- Compliance audit ratings across international vertical
- RBI, FEMA, Exim Bank Compliances.

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