National Manager - Finance & Accounts

PRINCIPAL ACCOUNTABILITIES

A. Financial reporting and controlling

- Prepare and review monthly financial reporting files

- Prepare and review periodic financial projection files

- Prepare and review quarterly results

- 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 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 and monitor consolidated AOP of all 3 businesses of BFSV

- Prepare capital infusion plan and co-ordinate that with holding company

- Monitor utilization of capital and additional capital requirements of BFSV

- Prepare reports to Board on quarterly basis

- Co-ordinate with internal and external auditors for review of accounts and review of internal processes

B. Team oversight and coordination

- Oversee finance team members and ensure smooth coordination amongst team members

- Oversee daily payroll payouts, ensure those are reconciled with HR team

- Oversee partner payouts are as per approvals and are made as per stringent TAT.

- Oversee that daily large value banking transactions of BFSV take place in time.

- Ensure that adequate and effective internal controls are in place over above activities

C. Tax and regulatory compliances

- Prepare and review advance tax computation files and tax payment approval notes

- Prepare and review monthly TDS payments under Income tax

- Co-ordinate and review monthly GST returns and payments for 26 Registrations across India.

- Co-ordinate annual GST return and audit files (GSTR 9 and 9C) of all these Registrations.

- There are at minimum approx. 52 GST returns to be filed every month and 26 GST returns annually.

- Understand, evaluate and implement legislative changes as applicable under Income tax and GST.

- Ensure all regulatory returns/filings are done in an appropriate manner.

- Prepare and review annual tax audit information (Form 3CA-CD)

- Coordinate with consultants for tax interpretations, compliances and assessments

- Identification of potential future tax issues and resolution thereof.

- Oversee all audits/inspections/assessments by GST, Income tax and other taxation authorities.

- Support DMS business team, in case of any compliances related to RBI

D. Review of investment in start-ups and real estate

- Collate, analyse investment proposals received as prima- facie assessment by reviewing past financials of investee companies

- Participate in due diligence of financials of investee company if proposal moves to next stage

- Provide views on financials of investee company independent of investment team

- Prepare timely support in execution of investment transaction by understanding nuances of each case

- Understand, evaluate and conclude accounting/financial reporting for complex financial instruments/investments as per Ind AS109

- Review of financials of investee companies over the life of the investment

E. Financial controllership of BFS campus at Mundhwa

- Review and set-up internal processes for this purpose in initial phase of construction

- Review and approve costs related in initial phase within overall AOP

- Setup finance team for this purpose

- Analytical/decision making support for evaluating and prioritizing various requirements for financial activities related to BFS campus.

- Support in Board presentation on BFS campus.

F. Internal Control and others

- Design and execute processes to improve internal control across finance and accounts function.

- 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