CarTrade - Senior Manager - Accounts & Finance - CA

Position: Senior Manager - Accounts and Finance

Division: CarTrade

Company Overview :

MXC Solutions India Pvt Ltd was formed in August 2009 and currently has 500+ employees. The Company operates CarTrade.com, an online auto classified and content website. CarTrade.com allows consumers to sell or buy a used car or research a new car purchase. Sellers of used vehicles can list their vehicle to thousands of dealers. Buyers of used vehicles can view vehicles that are certified and have a warranty and get connected to dealers who have the vehicle they are looking for. New car buyers have access to the most comprehensive new car pricing information and detailed news, reviews and discussion forums.

The company has developed various products that help new and used car dealers run their business. The company has launched CarTrade.com Franchised stores and a warranty product for used car dealers and a software system called CarTradeExchange. The system allows dealers to:

- List their new and used vehicles for sale

- Receive leads of customers who want to buy or sell a car

- Manage their business more efficiently and profitably through a Dealer Management System

- Purchase and sell cars in auction

- Mobile evaluation tool

The company's Investors include Canaan Partners, Epiphany Overseas Ventures, Warburg Pincus, Tiger Global and Austin Ligon (founder and former CEO of Carmax, USA).

Job Description :

Accounts and Finance :

Chartered Accountant with 5-6 years of post-qualification work experience in the field of accounts and finance. Need to have experience in handling a team of 5-6 people.

Taxation :

- Direct Tax - Preparation of all documentation as demanded by the IT authorities and attending hearing meetings on timelines.

- Indirect Tax - Leading all GST matters as and when it arises.

Statutory Compliance :

Complying with all provisions of TDS, GST. Previous experience in Service tax, VAT and other applicable taxes.

Revenue / Collections :

- Revenue recognition - Accounting of all revenue on monthly basis with respect to all services executed and verifying the confirmation with respect to the same from the business heads.

- Billing - On a monthly/periodic basis billing to the clients/customers.

- Accounts Receivable / Collections - Keeping track of all receivables, maintaining regular follow-ups with the business heads with respect to the outstanding due.

- Inter-company revenue/expenses and other income - Keep a track, account for all other income as and when arise.

Operations Accounts :

- Finalization of accounts - Monthly accounts closing with respect to all entries / JV's and complying with the account standards.

- Statutory Audit - Finalizing the statutory audit closing and attending all auditors- queries.

- Monthly closing/provisions / pre-paid - Ensure accurate monthly closing with respect to all entries and required.

- Accounts Payable - Ensuring accurate and prompt payment of all payables.

- Expenses reimbursement - Ensure compliance with company policy and making all such payments on the timely manner.

- Payroll - Review of monthly payroll and identify deviations

- Fixed Assets - Ensure compliance with FA policy of the company. Ensure to conduct annual physical verification of assets and reconciliation with accounts.

Banking :

- Bank Reconciliation Statement - Reviewing the BRS on monthly basis.

- Petty Cash - Monitor petty cash spends and periodic cash verifications.

- Monthly funds movement - Preparation of month end cash requirement for appropriate withdrawals.