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28/07 Neha Reddy
HR at Spandana India

Views:453 Applications:109 Rec. Actions:Recruiter Actions:12

Spandana Sphoorty - AVP/VP - Accounts & Taxation (7-13 yrs)

Hyderabad Job Code: 956539

Role: Head - Accounts

Role Designation: Vice President

Function: Finance & Accounts

Department: Accounts

Supervises : AVP, Senior Manager, Managers, AMs & Executives

Purpose of the Role:

The incumbent is mainly responsible for leading the accounts team, maintaining books of accounts & managing accounting operations for the company in line with accounting standards. He is expected to review and analyze financial information and ensure all financial reports, assets, liabilities, profit and loss, tax liability and other financial statements are accurate and follow set procedures and standards. The incumbent is also responsible of the all payments are made to vendors and partners on time and shall ensure that proper accounting systems, processes & controls are in place.

Roles and Responsibilities:

Financial Focus:

Accounting & Payments - He will be responsible for ensuring that all accounting records (books of accounts), financial statements and other financial reports are accurate and duly comply with all statutory and regulatory requirements. He will also be responsible for reviewing and authorizing payments to all vendors / partners/ other stakeholders of the company. He is expected to ensure that there are no outflows / fines/ levies imposed on SSFL/Group Entities on account of non-compliance in accounting matters. He will ensure timely closing, reporting & clean audits.

Taxes & Compliance's - He will be responsible for ensuring that the company complies with all GST & other taxes and that all filings with the respected authorities are done on time and that there are no outflows / fines/ levies imposed on SSFL on account of non-compliance.

Corporate Affairs - He will also be responsible for various corporate matters as outlined by the board / executive council/CFO.

Operational Focus:

- Functioning of the Department- He will be responsible for reviewing the Funds position, and monitor key activities like critical payments (to vendors, agencies - insurance, etc.) and collections. Provide inputs to the team on accounting matters and ensuring timely closure of books of accounts. He is also expected to examine and analyse accounting records (including branch accounting), financial statements, or other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.

- GAAP - He will provide leadership to the accounting teams in driving effectively the standards and procedures under GAAP's that need to be complied with by the organization.

- Audit & Compliance - He is expected to engage with auditors (internal / external), ensure that all accounts are duly audited on time, any non-compliances are addressed and drive the highest level of compliances and ensure that there are no deviations from set standards.

- GST/Taxation- He will review all computation of taxes owed and review tax returns, ensuring compliance with payment, reporting, or other tax requirements.

- MIS & Reporting's - He will be responsible for reviewing all accounting statement and reports prepared and present the same to the management. He will also be responsible for driving a system of broadly accepted source of data generation to ensure reduction in complexities of Accounting & Reporting's.

- New Systems & Processes - He will be responsible for Develop, implement, modify, and document record keeping and accounting systems, making use of current and lead the introducing new technologies to enhance compliance.

Desired Candidate Profile:

- Post CA, Minimum No. of Years - 08-15 years

- Knowledge of business and management principles, Experience of IGAAP, Financial Ratios, Financial systems, accounting principles Funding and working capital management, Statutory & Regulatory compliances.

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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