Tata Capital - Manager - Finance & Operations - CA

JOB DESCRIPTION :

Department : Private Equity - Finance & Operations | Tata Capital Limited

Grade : M3

Proposed Immediate Superior : Associate Vice President - Finance and Operations

Context :

- Tata Capital Financial Services Limited (- TCFSL- ) is a wholly owned subsidiary of Tata Capital Limited, which is, in turn a subsidiary of Tata Sons Limited, the apex holding company of the Tata Group.

- The Company is registered with the Reserve Bank of India as a Systemically Important Non Deposit Accepting Non Banking Financial Company (NBFC) and offers fund and fee-based financial services to its customers, under the Tata Capital brand.

Organogram : Reporting to Associate Vice President - Finance and Operations

Key Objectives of the Job :

Be a part of Private Equity : Finance and Operations team and participate in activities like Fund Accounting, handling audit queries, handling tax matters etc and thereby ensure smooth and effective Fund activities

Major Deliverables :

- Monthly review of all expenses charged to Private Equity. Compare with Budget and identify errors/non budgeted expenses.

- Review of monthly PL of Fund. Compare with budget and explain variances

- Scrutinise monthly 'Fund-wise' Trial Balance to ensure correct accounting of income, expenses, assets and liabilities.

- Ensure preparation of monthly Financial Statements of Funds, analyze and rectify errors

- Preparation of Budgets

- Assist in Treasury activities including monitoring cash balances, facilitate investment of temporary surplus funds, manage movement of funds and ensure that funds are available to make portfolio investments and pay expenses.

- Assist in making portfolio investments and divestments - verification of Conditions Precedent, Conditions Subsequent, capital calls, funds transfer, distribution of sale proceeds, dividend and interest, issuing Statement of Account after distribution, verification of documents of portfolio companies

- Assist in Statutory Audit and finalisation of Financial Statements of the Funds

- Assist in solving Internal Audit queries

- Taxation - Ensure all tax compliances - deduction of Tax, payment of tax deducted at source, issue of TDS certificates, filing of TDS Returns, calculation and payment of Advance Tax and Self- Assessment Tax, preparation and issuing of Tax Statements to Contributors, Filing of Annual Income Tax Returns of the Fund, Filling and issue of Form 64, Transfer pricing audit

Liaise, guide and follow up with Fund Administrator for Fund related activities:

- Passing of accounting entries;

- Monthly Financial Statements;

- Capital call calculation;

- Statement of account & NAV of the Fund

- Quarterly Investor Updates

- Advance Tax workings, Monthly TDS payment, Quartery TDS Return, Annual Tax Statement

Investor queries

Specialized job competencies :

- Ability to understand and learn things quickly

- Ability to adapt to changes

- Good communication skills

Educational Qualification : Chartered Accountant

Other desired attributes :

- Article training in a large/mid-sized CA firm

- Sincere and Hardworking

Location : Peninsula Business Park - Lower Parel