Finance Executive

JOB DESCRIPTION:

Responsibilities

Finance & Reporting:

• Support the monthly closure of books by ensuring timely and accurate preparation of workings for expense accruals, GR/IR accruals, payroll provisions, etc. thereby enabling timely submission of financial results to global finance for consolidation.
• Support in conducting analysis of Balance Sheet, Profit & Loss, and Cash Flow statements; highlight key variances with clear explanations to global stakeholders.
• Collaborate with the BPO partner (Accenture) on accounting and reporting matters, providing guidance to ensure accuracy and compliance.
• Support in preparation of statutory financial statements, including notes and disclosures, with assistance from the BPO team.

Accounts Payable:

• Reviewing the payment proposal as prepared by the BPO and approving the same
• Critically evaluating the ad hoc payment requests from Business Team around Advances, Holding payments, etc. and communicating to the BPO for payment processing
• Managing Import Payment – Providing data to consultant for Form 15CB, Form 15CA, Form A2, Advising BPO for processing import payments from EEFC account
• Statutory Payments: Uploading Challans and Payments for GST, TDS, TCS, Advance Tax, ESIC, Provident Fund and Professional Tax

Treasury Management:

• Reviewing the Bank Balances and advising the Treasury Team for Investments
• Reviewing INR and Foreign Currency Bank Balances for projected payout and collections and advising the key stakeholders

Statutory Compliances:

• GST Compliance: Providing data to the consultant for preparation of GST returns and reviewing the returns before submission
• TDS & TCS Returns: Providing data to the consultant for preparation of TDS & TCS returns and reviewing the returns before submission

Audit & Governance:

• Supporting Statutory and Internal Audits
• Supporting Tax Audits and Assessments
• Supporting various other regulatory compliances

Strategic & Corporate Projects:

• Support on Key Strategic and Corporate Projects enabling the Global Finance Initiatives in India

Profile

• Qualification – Masters or Graduation in Commerce with experience in Finance & Reporting, Accounts Payable, Treasury, Statutory Compliances, Audit & Governance and Corporate Projects
• Minimum 8 to 10 years of experience in relevant industry and profiles. Mix of CA Firm & Industry Experience preferred.
• Working Knowledge of SAP is a must
• Working Knowledge of IFRS, Ind AS, & Indian GAAP is appreciated
• Work experience in MNC companies in similar industries will be preferred. (Chemical / Textile Chemical companies)
• Good communication skill Excellent written, oral communication, and presentation skills.
• Strong desire to learn along with professional drive.
• Excellent verbal and written communication skills

Others

• Position is fulltime, onsite and is based in Mumbai.