Executive - Corporate Finance & Accounts - CA

We are looking for CA for the role of Executive - Corporate Finance & Accounts in Thane (Mumbai)

Position : Executive - Corporate Finance & Accounts

Education required : CA

Post qualification experience : 1+ Years

Age Criteria : Upto 35

Work location : Thane (Mumbai)

Working days : 5 days

Job responsibilities:

- Ensure the smooth and effective operation of all general accounting functions in ERP including Accounts Payable, Cost and General Ledger accounting.

- Manages monthly closing of financial records and posting of month end information; ensures accuracy of financial statements.

- Ensure applicable taxes related to payables are accounted and paid on time. Work closely with team to ensure accurate and timely payment of vendor payments through the use of workflow

- Plan and coordinate company budgeting exercise including planning meetings, setting dates, delivering budgets and have actual results compared to budgets on a monthly basis.

- Ensure accurate and timely preparation of monthly, quarterly and annual financial reports for distribution to shareholders, venture partners, tax authorities and other users as requested.

- Develop and constantly monitor the effectiveness of accounting policies and procedures and controls making changes as necessary.

- Overall responsiblity for coordination of all internal and external audits and preparation of tax filings

- Work cross functionally with external accounting service providers, tax advisors, legal service providers, investment management staff and all departments of the company.

- Dealing with banks and preparing of all documents related to inward and outward remittances

- Vendor payments thru cheques / RTGS / NEFT

- Investment of surplus funds in Fixed Deposits

- Vendor Balance reconciliation

- Raising of invoices on Customers

- Weekly MIS and bank reconciliation

Taxation (Direct and Indirect) - Vetting of Advance Tax computation and ensure the tax is paid in time - Vetting of Income Tax return and ensure timely filing of return

- Ensure all the documents are available for submissions with Tax authorities for submissions

- Co-ordinate with department, advocate/consultant and fix hearing with authorities to complete the assessment

- Effectively handle the departmental audits and protect the company from any additional liability other than policy related litigations

- Ensure all the required documents are available for TP compliance

- Co-ordinate with Tax consultant & IT authorities and ensure the TP assessment is completed

- Understand the guidelines and provisions of the GST, understanding the legal position, relating to the business of the client as may be referred from time to time for the views.

- To put in place systems and policies in place for identification of outward supply of Goods & Services falling under Nil Rated, Exempted or Non-GST Supplies.

- To put in place formats for Tax Invoice, Bill of Supply, Delivery Challan, Receipt Voucher, Refund voucher, Payment Vouchers & Debit Credit Notes.

- To review all revenue GLs on monthly basis to confirm the GST levy and type of GST levy on all revenue line items.

- To review of all HSN/ SAC code of Outward supplies to confirm the correctness of the code applied on Tax Invoices.

- Review of contracts with customers from GST perspective.

- Advice on all HSN/ SAC code of Outward supplies to confirm the correctness of the code applied on Tax Invoices.

- Verification of input tax credit and service tax reverse charge liability under GST

- Preparation & Uploading of Monthly Details of Outward Supplies (GSTR1) on GST portal

- Preparation & Uploading of Monthly Details of Inward Supplies (GSTR2) on GST portal

- Preparation & Uploading of Monthly Return (GSTR-3) on GST Portal

- Handling the issues arising out of Mismatch reports generated due to discrepancy in ITC claimed.

- Compilation & Filing of Annual Return

- Compilation & Filing of Reconciliation statements, reconciling the values of supplies declared in the returns furnished for the FY with audited annual Financial Statements