Farnell
Farnell, an Avnet company, is a global high-service distributor of technology products, services and solutions for electronic system design, maintenance and repair.
- Job Description:
- Assist the Senior Finance Manager with the finance function for India.
- Conduct variance analysis for actual, forecast, and budget key financial KPIs.
- Direct & Indirect Tax:Ensure compliance with GST, TDS, Income Tax, TP and Professional Tax, including timely return filing.
- Tax Assessments & Audits:Handle Income Tax assessments, scrutiny, and Transfer Pricing studies, managing litigations and notices.
- TDS/WHT Compliance:Oversee withholding tax compliance on domestic and foreign vendor payments, including obtaining Lower/Nil TDS Certificates.
- Reconciliation:Perform GSTR-2A/2B reconciliations and 26AS reconciliations.
- Collaborate with in-house shared services and group consolidation teams to ensure timely and accurate submission and reporting of financial data at month-end.
- Lead Annual Statutory Audits:Manage the entire audit process, serving as the main point of contact for external auditors to ensure timely closure of audits with minimal observations.
- Financial Statements:Oversee the preparation of statutory financial statements (P&L, Balance Sheet, Cash Flow) in compliance with local GAAP/IND-AS/IFRS.
- Uphold finance and internal control policies and procedures, according to the delegation of authority matrix.
- Perform any other ad-hoc duties assigned by the Senior Finance Manager.
- Liaise with auditors, tax consultants, and regulatory bodies (e.g., MCA, Tax Department).
Skills:
- Bachelor's degree in Accountancy, Finance, or other similar professional qualifications, CPA/CA
- At least 5-7 years of experience
- Experience leading a small team.
- Team player and service-oriented
- Proficient in MS Excel
- Proactive and keeps track of regulatory changes
- Knowledge of accounting standards (IFRS & US GAAP), taxation standards, and relevant statutory requirements
The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills.
