Manager - Finance & Accounts - NBFC

JOB PURPOSE:

This role exists in the company to monitor the financial transactions, improve/develop the process and provide support to other stakeholders. This helps to rely on financial numbers and make it easier for top management to take decisions.

PRINCIPAL ACCOUNTABILITIES:

- Ensure correctness and completeness of accounting

- Monthly review the balance sheet and profit and loss account to ensure the correctness and completeness of accounting treatment.

- Ensure all the GL balances are reconciled and supported with a backup working file.

- Ensure monthly/quarterly/annually closing of books on time.

- Ensure timely tax compliances including income tax and GST.

Process Improvement:

- Conduct frequent meetings with the stakeholders to evaluate the requirements to improve the existing process.

- Develop the new process or improve the existing process with respect to new business requirements.

Preparation of financial reports and data for regulatory filings:

- Prepare quarterly channel partner wise profit and loss account to analysis the business decisions.

- Prepare and provide timely data to compliance team for regulatory filings such as GST returns, RBI fillings etc.

Stakeholder Management:

- Participate in stakeholder meetings at the time of on boarding of new channel partner.

- Provide support/suggestions in stakeholder meetings to setup a new process.

- Conduct regular meetings and follow ups with stakeholder to get the data on time so that we can do timely closing of our books of accounts.

- Provide timely data to other departments for any ongoing challenges/requirements.

Team Management:

- Participate in selection process to identify the right candidate for position in finance & accounts team.

- Determine individual training needs and development plans to build expertise and enhance the accounting concept in the team.

- Set objectives, conduct reviews, close appraisal process for the team as per the timelines.

Assistance to Auditors:

- Conduct meetings with auditors to give them understanding on overall process and financials.

- Provide timely data and endless support to auditors for timely completion of audit.

Tax matters:

- Oversee the preparation, review, and filing of all direct (Income Tax, TDS) and indirect (GST) tax returns to ensure timely compliance with statutory deadlines and minimize tax exposure.

- Represent the organization during tax audits, assessments, and inquiries by tax authorities, and manage responses to notices or queries raised by departments such as Income Tax or GST.

- Stay abreast of updates in tax legislation and evaluate their impact on the business; advise management on necessary changes in policies or procedures to ensure compliance and mitigate tax-related risks.