[Apply in 3 Minutes] Manager/ Sr. Manager-Finance

4 weeks ago

Mumbai, India Corenza Full time

About Company

The company operates in the specialty chemicals industry, focusing on producing a wide range of chemical intermediates and solutions used across diverse sectors.

Job Description

Financial Statement Preparation:

Lead the preparation of financial statements (Standalone and Consolidation)

1. Prepare accounting entries with the team as needed

2. Reconcile ledgers with the team as needed

3. Own the Fixed Asset Register accounting with the plant / subsidiary finance team

4. Work on the regular depreciation workings including any changes required in the same as per policy and/or law

5. Lead the monthly, quarterly and annual book closures with the plant finance teams

6. Prepare the monthly, quarterly and annual balance sheet,income statements, and cashflow statements, in compliance with relevant accounting standards (IFRS, GAAP, etc.).

Intercompany Transactions:

1. Monitor and reconcile inter-company transactions including payables, receivables, investments, foreign exchange etc. to eliminate any discrepancies or inconsistencies.

2. Ensure transactions are executed and recorded in compliance with related party laws.

3. Work with subsidiary accountantto resolve intercompany issues and ensure accuracy in consolidated financials.

Compliance and Regulations:

1. Stay updated with changes in accounting regulations and ensure that financial statements adhere to the latest standards and requirements.

Audit support:

Coordinate and support the annual financial audit process by

1. Leading the inventory stock takes atleast twice a year

2. Ensuring thatinventory adjustment entries are made in time, with accuracy and keeping all approvals in mind

3. Providing auditors with the necessary documents and explanations.

4. Addressing audit inquiries and findings promptly.

Tax Compliance:

1. Collaborate with the tax department to ensure thatfinancial statements are aligned with tax regulations and support tax compliance.

Process Improvement:

1. Continuously seek opportunities to enhance the efficiency of financial statement preparation processes. Implement best practice to streamline the reporting workflow.

Qualification:

- Qualified CA with 5 to 6 years ofrelevant experience.

- In-depth knowledge of accounting standards (IFRS, GAAP, etc.) and financial reporting.

- Proficiency in financial software (SAP), as well as Microsoft Excel.

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