Manager - Finance & Accounts - FMCG

Accounting (As Per I-GAAP & IFRS)

- Ensuring appropriate accounting treatment of all transactions including Stock Transfers & Direct Sales, Insurance, Employee Disbursements, Payables, Inventories, Assets and Liabilities, Monthly Provisions Intercompany transactions, Payroll and Employee Benefits

- Preparing & Reviewing of the Monthly Financial Schedules

- Handling all Inter Company Debit Note & Credit Note and related correspondences.

- Co-ordination between the Head Office & Plant for various accounting and auditing requirement.

- Periodic review of accounts to ensure compliance with the policies and accounting standards

- Management Information System – Monthly Control Report & Quarterly and Annual consolidation packs

- Assisting FP&A in preparing, monitoring and analysis of Budget for all functions

- Monthly Cash Flow Statement and reconciliations – working capital measurement & tracking

- Review of Bank Reconciliations

Audit Finalization for Statutory, Tax, Internal & IFRS Audit.

- Audit Coordination – Statutory, Tax, Internal, IFRS - Timely preparation, Review and Analysis of Audit Schedules

- Preparation of financial statements as per Schedule VI of Companies Act

- Reconciliation of inventory and cost of sales as per IGAAP

- Ensuring corporate compliances

- Driving service level metrics in areas of audit and improving upon them

Taxation

- Direct tax planning and compliances

- Preparation of computation and timely payment of optimum advance tax

- Reconciliation of tax accounts

- Timely submission of income tax return

- Working with tax consultants to ensure timely submissions to Income Tax department

- Transfer pricing assessments

- Preparation of contracts and agreements affecting international transfer pricing

Accounts Payable

- Compliance with respect to Employee and Vendor Payments.

- Ensuring that the Expenses are booked within timelines.

- Review of the Vendor Accounts & its reconciliation.

Co-ordination

- With Inter Company for payments, balance confirmation, transaction queries, etc

- With Bank for bank related queries or with regard to cheques, payment receipts.

- With Financial Planning Team (Internal) for answering their account transaction queries. With Intra Department for payment/ transaction related queries.

- With other Function for the documents required for Tenders/Bank Guarantee and arrange for the necessary documents that are required from Finance function.

- With HR function and the Associate for their Full & Final payment.

- With tax consultants for tax assessments and other tax matters

- With statutory auditors for audit and certifications

3. Unique Knowledge & Skills

- SAP System

- Computer Skills

- Functional Knowledge

- Tax rates and policies

- Cross Functional Activities