jobseeker Logo
Now Apply on the Go!
Download iimjobs Jobseeker App and get a seamless experience for your job-hunting
25/06 Shinjini Dasgupta
Senior Manager at Aventus Partners

Views:1986 Applications:303 Rec. Actions:Recruiter Actions:301

Chief Financial Officer - AlcoBev Industry - CA (17-25 yrs)

Anywhere in India/Multiple Locations Job Code: 1116074

Chief Financial Officer - CA & experience in Alcho-Bev industry mandatory)


STRATEGY AND FINANCE:


- Responsible for taking on a leadership role in financial decision-making process that affects company, and provide strategic financial input to senior management/ Board of Directors.

- Play a key role in developing and implementing financial procedures to improve and maintain the financial health of firm.

- Provide timely financial management information for Financial Planning to meet company's business needs

- Prepare periodic and end of the year financial statements to meet regulatory requirements and management needs, for strategy, forward planning purposes.

- Prepares daily/monthly reports of the revenue and expense forecast for forthcoming months on analysing the trends and budgets prepared

- Actively participating in budgeting process. Review monthly positions of actual results against budget, analyse results and recommends measures required to meet budget.

- Analyses financial and management reports

- Oversee consolidated financial position assessments

- Ensure complete transparency over financial performance of the company

- Provide advice on how to increase revenue and reduce costs.

- Effectively and clearly communicate potential risks in timely manner

ACCOUNTS & FINANCE:

- To manage and provide leadership to the Accounts team ensuring it produces timely, accurate and useful financial information and provides support to Functional Heads and Top Management.

- Oversee the accounting processes in accordance with applicable regulations and generally accepted accounting principles.

- Control and account for the revenue and expenses required in the normal operations.

- Manage treasury operations including cash management, accounts payable and disbursements for the operations of the units.

- Ensure the accounting procedures and internal controls are kept under continuous review and are appropriate to the activities of the Company so that there is no fraud, theft and error and that accounting records are complete and accurate. Implements and reviews financial controls and policies.

- Ensure an up to date cash flow projection is maintained and maximizes cash flow performance of the company through controls on inventory, credit and collection, disbursements, deposits and remittances.

- Implement and maintain acceptable accounting practices and procedures and as affected by local conditions

- Ensure all accounts are reconciled on monthly basis, review and approve those reconciliations

- Provide safekeeping, including proper storage and access for all contracts, leases and other financial records

- Ensure payments are made to vendors / contractors / professionals (All Fees and billings) as per the agreed terms.

- Ensure that the department is set-up in accordance with local law.

STATUTORY COMPLIANCE, TAX AND TDS RETURNS:

- Ensure that the department is set-up in accordance with local law.

- Obtains appropriate legal counsel regarding the business practices of the company and maintains an awareness of local laws, rules and regulations.

- Developing and maintaining effective taxation administration procedures/processes appropriate for the company; resolve taxation issues.

- Discussions with statutory and tax auditor for finalizing issues relating to statutory and tax audit etc. of all legal entities.

- Follow up on all capital expenditures to ensure compliance with original justification and approval

- Conduct periodic inspections and tests to ensure that the department is complying with required procedures and statutory compliance.

- Manage all other areas of indirect taxes affecting the company, identifying areas of potential risk and taking preventative action.

- Ensure preparation of monthly Profit and Loss Accounts and balance sheets, monthly revenue and expenditure statement/ dash boards.

- Responsible for coordination of quarterly and annual tax payments when required.

- Responsible for quarterly and annual effective tax rate analysis, tax provision, tax disclosures, and overall income tax preparation and submission.

- Responsible for all tax related matters like Sales Tax/VAT, Service Tax, Vetting of TDS returns, Income Tax and Excise.

- Ensure the goods and services tax compliances are met.

- Ensure reparation and filling of Income tax returns etc

- Supervising the tax team in various activities such as timely submission of various returns, completion of tax audits, tax provisioning, timely payment of advance tax, Professional Tax etc

CONTROLS, STORES AND AUDIT:

- Reviews Internal Audit reports and progress through unit visits to ensure maximum internal controls are in place

- Employ adequate internal control procedures to ensure correct authorization for payment procedures

- Manages internal and external audits when they occur.

- Ensure the Controller audits the outsourcing agencies periodically to check if their reports tally with the actual.

- Ensure the audit of the outlet stores are done randomly periodically and make report to management on irregularities if any.

- Ensure the licences are up to date is available for display and they are renewed in time.

SECRETARIAL RESPONSIBILITIES:

- Coordinate with the Company Secretary on preparation of Agendas and Minutes and conducting ofthe Board Meetings, Committee meetings, General Meetings of the Company.

- Compliances with various acts and regulations under the Listing agreement and SEBI Act , Rules and Regulations.

ADDITIONAL RESPONSIBILITIES:

- Managing and planning for future staffing needs and recruiting in line with company guidelines.

- Ensure that the detailed department induction programs for new staff are facilitated.

- Preparation and implementation of Standard Operating Procedures of the department.

- Ensure training needs are met in the department.

- Provide input for probation and formal performance appraisal discussions in line with company guidelines

- Coach, counsel and discipline staff, providing constructive feedback to enhance performance

Women-friendly workplace:

Maternity and Paternity Benefits

Add a note
  • Apply
  • Assess Yourself
  • Save
  • Insights (Read more)
  • Follow-up
    (Read more)
Something suspicious? Report this job posting.