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Finance Manager

3 months ago

Jharsuguda, India Saaswika Solutions Private Limited Full time

Saaswika Solutions Private Limited is a New Age Consulting firm that connects tech talent, tech teams, and project solutions to help our clients accelerate their digital journey. We create unique experiences that rely on border less talent, technology, and customized solutions under given timelines.


We are urgently looking for highly skilled and experienced candidates for Finance Manager for our client


Job Location Jharsuguda

Job Type Full time

Experience required 3 to 4 years

Notice Period 30 days


Job Description


1. Financial Reporting:

In depth understanding of Balance Sheet, P& L, Accounting and Financial Statement

Strong knowledge & Understanding of Accounting Standards

Ensures compliances with the disclosure requirement of Schedule III and reporting under CARO,2020 and Internal Financial Controls.

Deep-dived into the processes such as Order to Cash (O2C), Procure to Pay (P2P), Inventory Cycle and General Ledger.

Book Closing Activities- FS Finalization, Maintain Provision Ageing, Advance Ageing, & Receivables, Cwip Ageing etc.

2. Taxation & Compliances:

Basic Knowledge of GST Laws and allied Indirect Tax Laws

Review of Input Tax Credits eligibility and ailment thereof in a time bound manner

Computation and review of GST Liabilities and ensure timely remittances to the Exchequer

Filing monthly and annual returns, reconciliation of all returns with the books, GST registration and amendments there to analyse and advise on various types of Indirect Tax and GST related queries from internal stakeholders.

Compliance with all the Statutory Returns and payments on time- GST, TDS, Income Tax, PF & PT.

Drafting of submissions and responses to notices issued by Indirect Tax and GST Authorities

Handling of Indirect Tax & Direct Tax, Statutory Audits, Internal Audits Assessments and Investigations etc.

Prepare and ensure that reporting of all compliance is updated in the internal system tools

Knowledge of SEZ, RBI/FEMA Regulations would be an added advantage.

3. Business Controller:

Identifying cost saving and revenue enhancement opportunities and recommending corrective actions to encash the opportunities Formations, alignments and reengineering of various processes and activities.

Calculating the monetary impact of potential business decisions

Budgeting simulations: Reforecast / Long Range Planning / Annual operating Plans Ad-hoc and why-why analysis of financial and portfolio trends

Developing various MISs reporting and Management review reports

Conversant in IT & Accounting Software.

4. Treasury:

Preparation of Loan MIS.

Calculation of Loan Repayment, Loan Interest, Payment, Payroll Processing.

Preparation of Investment MIS

Knowledge of hedging & foreign exchange transactions.