Work Experience: 10 yrs 12 yrs with min 3+ yrs experience in leadership role.
Role & Responsibilities:
General Accounting:
- Support the company's financial reporting process, ensuring accuracy and compliance with financial regulations.
- Assist in the preparation of financial statements and reports.
- Ensure all accounting transactions are properly recorded and reconciled.
- Assist in the budget preparation and performance tracking.
- Coordinate and manage internal and statutory audits.
- Prepare audit schedules and provide necessary documentation to auditors.
- Ensure compliance with accounting standards and auditing standards.
- Implement and maintain effective internal control systems.
Accounts Receivable (AR):
- Supervise and manage the AR team, ensuring the timely and accurate invoicing, payment processing, and collection of receivables.
- Monitor customer accounts for outstanding balances and overdue payments, and implement effective collection strategies.
- Investigate and resolve customer disputes and payment discrepancies.
- Prepare and analyze AR aging reports and other financial reports.
- Collaborate with the sales and customer service teams to improve the AR cycle and ensure smooth customer relationships.
Accounts Payable (AP):
- Oversee the entire AP process, from vendor invoice processing to payment, ensuring compliance with company policies and accounting standards.
- Maintain and update vendor information and master data.
- Process vendor invoices and prepare payments, ensuring accuracy and timely remittance.
- Reconcile AP accounts and vendor statements regularly.
- Develop and implement AP process improvements to enhance efficiency and reduce costs.
- Monitor and analyze AP data to identify trends and areas for improvement.
Taxation
- Manage and oversee all aspects of Direct and Indirect taxation, including Income tax, GST, TDS, and other applicable taxes.
- Ensure timely and accurate filing of tax returns and compliance with all tax regulations.
- Conduct tax planning and optimization to minimize tax liabilities.
- Stay updated on changes in tax laws and regulations and provide guidance to the management.
- Handle tax audits and assessments.
- Manage transfer pricing documentation and compliance.
Leadership & Development:
- Lead and mentor the AR and AP team members, providing guidance, coaching, and development opportunities.
- Build and maintain a high-performing team through performance management and training.
- Drive a culture of accuracy, efficiency, and continuous improvement within the accounts function.
Qualification: Bachelor's degree in accounting, Finance, or a related field.
Desired Candidate Profile:
- Strong knowledge of accounting principles, practices, and financial regulations.
- Excellent analytical and problem-solving skills.
- Ability to lead, motivate, and manage a team effectively.
- Strong communication and interpersonal skills.
- Experience with accounting software and ERP systems (specify, if applicable).