Financial Reporting Manager
4 weeks ago
Job Summary:
The Site Team Lead is responsible for providing support in managing accounts of assigned subsidiary companies, including finalization, consolidation of accounts, and analysis as required. This role also involves tax and statutory audits for the project and managing payments related to TDS, service tax, and foreign remittances.
Key Responsibilities:- Prepares the Balance Sheet in compliance with prevalent rules and regulations.
- Finalizes and consolidates books of accounts for subsidiaries/projects.
- Analyses the accounts of subsidiaries/projects.
- Evaluates the books of accounts prepared at the regional office.
- Rectifies errors, if any.
- Ensures timely payments to consultants/vendors residing out of India.
- Gets 15 CA/15 CB certification certification duly signed by the authorized signatory (depending upon the hierarchy).
- Ensures proper documentation and passing of necessary entries.
- Calculates TDS for GPL and ensures that the exact PAN number is given at the time of calculation and ensures that TDS Certificates are submitted on time and on said rates.
- Ensures entries are passed in accordance to norms.
- Compliances of Direct and Indirect Tax.
- Identifies the applicable section of the Income Tax Act and relevant section for the calculation of interest rates.
- Assists auditors in the audit process by giving required data, resolving queries, preparing documents, etc.
- Checks all documents from the regional offices to ensure that there are no errors.
- Gives SAP requirements to vendors.
- Trains the respective personnel at the regional office for the use of the same.
- Manages the implementation of the Business implementation software.
- Complies with company defined guidelines and processes.
- Adheres to project timelines.
- Identifies processes/procedures in own work area that need improvement.
- Recommends process improvement ideas to streamline efficiency/costs/productivity.
- Undertakes process improvement activities in own work area.
- CA/CS/MBA in Finance with 12+ years of experience in financial reporting and general accounting.
- 12+ Years of experience in general accounting and financial reporting.
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