Account & Finance Manager

Urgent Opening

Post :- Manager- Accounts & Finance - Male

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Description of the Job :-

1. Act as Accounting Key person of the companys India office, ensuring effective financial management, statutory compliance, and implementation of policies.

2. Ensure timely and accurate preparation, analysis, and reporting of financial information to stakeholders, supporting decision-making processes while adhering to statutory regulations and company standards.

3. Serve as a point of contact for external and internal stakeholders, representing the company effectively.

4. Oversee office administration to ensure smooth operations with handling accounting team.

Key Responsibilities :-

1. Financial Accounting, Reporting and Analysisa) Prepare, analyse, and report the monthly Profit & Loss statement and quarterly Balance Sheet, highlighting potential risks and challenges to the management.b) Develop and submit Monthly Group Financial Reports within the specified deadlines.c) Prepare cost sheets for projects, conduct budget vs. actual variance analysis, and provide actionable insights.d) Manage cost control initiatives by analysing purchase costs, overheads, and other operational expenses.e) Generate monthly aging reports for Receivables, Payables, and Inventory, and ensure proactive measures for timely payments to suppliers and collections from customers and review with Credit control team.

2. Statutory Compliance and Taxationa) Ensure compliance with statutory regulations, including Income Tax, VAT, Excise, Service Tax, GST, and international taxation, Transfer Pricing.b) Coordinate with statutory auditors and tax authorities during audits and assessments, ensuring timely and accurate submission of required information.c) Monitor tax liability, ensure timely filing of returns, and address tax-related inquiries from authorities.d) Keep updated with amendments to Indian Accounting Standards (Ind AS), commercial laws, and taxation policies, and ensure their implementation.

3. Accounts Payable and Accounts Receivable

a) Oversee vendor payments and ensure adherence to payment terms while optimizing cash outflows.

b) Ensure accurate and timely invoicing to customers, purchase booking, travelling expenses, utility and services accounting.

c) Maintain robust internal controls to prevent revenue leakages or payment delays.d) Mitigate financial risks by ensuring compliance with company policies, procedures, and external regulations.

4. Import/Export Operations:

• Coordinate and manage the shipment process for imports and exports, including customs clearance and freight forwarding.Prepare, review, and process import/export documentation, such as invoices, packing lists, bills of lading, certificates of origin, and customs declarations.

-Maintain up-to-date records of all import/export transactions and communicate updates to relevant departments.

• Record and reconcile financial transactions related to import/export activities, such as freight costs, duties, and taxes, exchange rates and bank deals.

• Assist in the preparation of monthly and annual financial reports, including expense analysis for shipping and customs fees.

• Process accounts payable and receivable related to import/export activities.Knowledge of international trade regulations, customs procedures, and INCOTERMS.

• Proficiency in accounting principles and practices, especially related to inventory, freight, and duty reconciliation.

Knowledge, Skills, and Experience :-

1. Educational Qualifications :- Bachelors degree in commerce or equivalent.Must have passed at least the Intermediate examination of ICAI (Chartered Accountants) or ICMAI (Cost Accountants).

Inter CA or CA

2. Work Experience :- Minimum 8-17 years of experience in finance and administration, with a manufacturing corporate body.

3. Technical Knowledge :- Proficiency in Indian Accounting Standards (Ind AS), GST, Income Tax, and other statutory regulations.Expertise in budgeting, MIS reporting, cost control, inventory management, and working capital management.Advanced skills in SAP, ERP systems, and MS Office (Excel, Word, PowerPoint).