SM/AVP - Accounts & Finance

1 week ago

Mumbai, Maharashtra, India Career Management Services Full time ₹ 15,00,000 - ₹ 20,00,000 per year

Responsible for the finance & accounting function through planning, accounting, budgeting/business planning, MIS systems and tax planning, defining expense policies and internal control procedures.

Preparation of accounting statements like Balance-Sheet, P & L account on quarterly/annual basis.

Responsible for overall compliance under Income Tax Act, Corporate Tax, GST, etc. and ensuring timely payment of all tax liabilities.

Ensure timely payments of TDS, GST, advance tax, PF, PT, ESIC etc. & ensure compliance with due dates of the statutory liabilities.

Ensures that financial reporting meet the requirements provisioned under Negotiable Instruments Act, Companies Act, IND-AS, IT Act, SEBI guidelines and other relevant standards.

Work with government representative for government guarantee claim settlement and processing.

Liaise with Internal Auditors, Tax Auditor & Statutory auditors of the company/ trusts to ensure smooth & timely audit processes.

Liaise with RBI, Auditors, and various Government Departments for clarifications, whenever required.

Preparation of Fees Invoices on customers as per the terms in the agreement.

Analyze financial discrepancies and recommends effective solutions.

Maintain correct records of Recoveries from borrower, prepare distribution statements for recoveries made & ensure timely payments to stake holders.

Preparation of various reports of collection/ distribution/expenses relating to trusts, stake holders on timely basis

Compliance with the working capital facilities conditions availed by the Company from Banks.

Ensure Prompt accounting of Vendor/staff Bills of company & Trust and ensure timely payments to them.

  • Establish and enforce internal controls to safeguard financial assets and prevent fraud or errors.

Stay abreast of industry trends, market conditions, and competitive dynamics in the asset reconstruction sector.

Ensure transparency, accountability, and compliance with corporate policies and procedures.

Develop and maintain adequate internal control system by preparing annual and periodic financial results and submitting them to the management for review and control of the finances.

Skills required:

1.

Proficiency in financial software application like SAP/SuccessFactors.

2.

Advanced Excel.

3.

Taxation knowledge.

4.

Audit and Internal Controls.

5.

Presentation and Analytical Skills.

Functional and Behavioral requirement

Robust knowledge of financial processes & accounting practices

Outstanding quantitative and analytical ability.

Outstanding negotiation and leadership skills.

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