Position Title - Manager - Finance & Accounts (New position) Position Title - National Manager - Finance & Accounts Division / Department - Finance Location - Pune 1. JOB PURPOSE : The candidate is responsible for overall controllership of finance function of new ventures/subsidiaries of company which includes (by working within common finance team); - Preparing financial reports of company Ventures, AMC and Trustee on standalone basis - Breparing budgets/annual operating plan for these entities - Exercising general oversight over finance team members over relevant work - Ensuring income tax, GST and other regulatory filings are done in a timely and effective manner - Supporting tax and legal team in compliance related matters The candidate will also assist team on need basis for financial reporting and taxation matters of company. 2. PRINCIPAL ACCOUNTABILITIES A. Financial reporting and controlling - Prepare and review routine accounts - Prepare monthly standalone financial reporting files - Prepare and review periodic financial projection files - Prepare and ensure timely closure of quarterly financials for the Group level consolidation - Finalize annual audited accounts including notes and disclosures as required under regulations. - Analyze overall financial performance and support for any queries for any ad-hoc movement - Oversee and report all related party transactions and disclosures as required under various regulations - Ensuring consistent reporting across all entities. - Ensuring timely completion of statutory and internal audits which includes interpreting accounting standards, finalizing notes to accounts, accounting policies etc. - Analyze financial data and create financial models for decision support. - Prepare finance section of Annual Operating Plan (AOP) including coordinating with all functions/departments and estimating/tracking function/department wise expenses. - Prepare periodic estimates/forecasts B. Tax and regulatory compliances i. Income Tax, GST and other statutory dues - Review monthly TDS payments under Income tax - Prepare and review advance tax computation files and tax payment approval notes - Review monthly GST returns and payments - Understand, evaluate and implement legislative changes as applicable under Income tax and GST such as TCS applicability on sale of electricity, GST e-invoicing and Input credit eligibility rules. - Ensure all regulatory returns/filings are done in an appropriate manner. - Prepare and review annual tax audit information (Form 3CA-CD) for both entities - Review annual GST return and audit files (GSTR 9 and 9C) for both entities - Coordinate with consultants for tax interpretations, compliances and assessments - Identification of potential future Tax issues & Resolution. - Oversee all audits/inspections/assessments by GST, Income tax and other taxation authorities. ii. SEBI and other regulatory compliances - Prepare and review periodic returns to be submitted to SEBI as AMC - Prepare quarterly FINCON returns data to be submitted with IRDAI as a financial conglomerate C. Domain expertise in Ind AS - Understand, evaluate and conclude accounting/financial reporting for new set of transactions under Ind AS - Implement accounting policies and contribute in drafting new as well as revising existing policies. D. Internal Control and others - Design and execute processes to improve internal control across accounting, financial reporting and disclosures. - Set-up systems, processes, SOPs for ongoing monitoring, review, and rectification of any reporting/compliance breaches. - Ensure robust internal processes for processing payments, compliance with approved AOP and reporting variances to Management - Prepare and review risk and control matrices audited by external auditors E. Team oversight and coordination - Oversee finance team members and ensure smooth coordination amongst team members - Oversee monthly payroll payouts and report variances to Management. - Review business support service workings for group wide recoveries. - Oversee overall audit progress and ensure timely completion - General oversight of finance of company and subsidiaries. F. Any other assignment, project or responsibility that may be given from time to time - Plan and execute IT implementation of finance function in co-ordination with IT for new ventures and add on needs of BFS/BHIL - Support/prepare financial statements on need basis - Support in taxation matters 3 DECISIONS: Financial reporting disclosures content, format, and publication Ensuring appropriate regulatory filings with Govt. authorities Review and approval of payments under P2P and Payroll process All other decisions as part of my role Recommendations to or approval by superior Analyzing financial data and recommending new policies/changes in existing policies 4. INTERACTIONS: Internal Interactions Roles you need to interact with inside the organization to enable success in your day to day work CFO - for periodic financial performance review of the entity CFO - for periodic financial performance review of the entity Senior Management Team of respective entities Internal auditors - for periodic audits Secretarial/legal team - for compliance and stakeholder communications Finance & treasury team - for financial reporting, disclosures and daily operations External Interactions: Roles you need to interact with outside the organization to enable success in your day to day work External auditors - for periodic audits Consultants and lawyers - for tax and legal aspects Bankers - for new transactions, forward contract compliances etc. Govt. Authorities - for regulatory compliances

Pune

Manager - Finance & Accounts - BFS 

Manager - Finance & Accounts - BFS  ,Job Description for Manager - Finance & Accounts - BFS  in Hireex Consultants in  Pune for (5-10) years of experience. Apply Now!

Job Description for Manager - Finance & Accounts - BFS  in Hireex Consultants in  Pune for (5-10) years of experience. Apply Now!