Position: Assistant Manager – Finance
Location: Nagpur
Type of Employment: Full time Employment
Purpose of the Position:
To lead and manage accounting, taxation, treasury, and regulatory compliance functions, ensuring accurate financial reporting, tax optimization, liquidity management, and adherence to FEMA, RBI, and ODI guidelines.
Key Result Areas and Activities:
Accounting & Financial Reporting
- Oversee complete accounting operations including general ledger, AP/AR, and reconciliations.
- Ensure timely and accurate preparation of financial statements as per Ind AS/IFRS.
- Manage month-end and year-end closing processes.
Taxation & Compliance
- Handle direct and indirect tax matters (GST, Income Tax, TDS).
- Prepare and review tax returns, assessments, and represent the company before tax authorities.
- Implement tax planning strategies to optimize tax liabilities.
Treasury Management
- Manage cash flow planning, fund allocation, and liquidity management.
- Negotiate banking facilities, loans, and working capital arrangements.
- Optimize surplus fund investments and monitor ROI.
- Manage forex transactions and hedging strategies.
Regulatory Compliance (FEMA, RBI, ODI)
- Ensure compliance with FEMA regulations for foreign exchange transactions.
- Handle RBI reporting, foreign investments, and remittances and settlements.
- Manage Overseas Direct Investment (ODI) compliance, documentation, and reporting.
- Liaise with banks and regulatory authorities for approvals and filings.
Audit & Internal Controls
- Coordinate statutory, tax, and internal audits.
- Strengthen internal controls and ensure adherence to company policies.