Posted By
Posted in
Banking & Finance
Job Code
1632383

3.9
12+ Reviews
Description:
- Company: Offshore & Marine Company
- Location: Nerul, Navi Mumbai
- Experience: Minimum 5 years
- Qualification: ICWA/CAorMBA (Finance)
- Industry: Shipping & Marine or related segments
Position Overview:
- Develop budgets, forecasts and cashflow models; monitor actual vs. budget.
- Implement costcontrol measures and analyse variances.
Statutory & Tax Compliance:
- Coordinate quarterly & annual tax filings and liaise with tax authorities.
- Manage TDS, TCS, GST, and Incometax audits.
Shipping & Marine Regulatory Compliance:
- Maintain records and submissions to Directorate General of Shipping and Port Authorities.
- Ensure FEMA regulations are adhered to for charter hires, foreign remittances, vessel purchases, etc.
Audit & Controls:
- Strengthen internal control systems, policies, and procedures.
- Conduct regular risk assessments in finance & operations.
Stakeholder Management:
- Partner with external consultants, auditors, and legal advisors.
- Provide financial insights and recommendations to the Board/Directors.
Team Leadership:
- Drive process improvements, automation and ERPbased integrations.
Mandatory Knowledge & Skills:
- Excellent command over accounting standards (IND AS/ICAI).
Technical & Functional:
- Strong analytical, problemsolving and communication skills.
Industry-Specific Compliance:
- Applicable Tax, Statutory, Shipping & Marine Laws
Taxation Laws:
- Goods & Services Tax Act, 2017 (GST compliance for marine services)
- Customs Act, 1962 & Customs Tariff Act, 1975 (import/export of vessels/equipment)
- Finance Act (latest annual amendments)
Corporate & Regulatory Acts:
- FEMA (Foreign Exchange Management Act, 1999) & RBI Regulations
Shipping & MarineSpecific Regulations (Desirable and preferred not mandatory):
- Indian Ports Act, 1908
- Coastal Shipping Guidelines (Ministry of Ports, Shipping & Waterways)
- Directorate General of Shipping (DGS) Rules & Circulars
- Marine Insurance Act, 1963
- Standards under International Maritime Organization (IMO) SOLAS, MARPOL (overview)
- Port Authority Compliance: Mumbai Port Trust & Jawaharlal Nehru Port Trust regulations
Labour & Safety Laws (Seafarers):
- Payment of Wages Act, 1936 (as applied to crew)
- Employees Provident Funds & Miscellaneous Provisions Act, 1952
- Occupational Safety, Health and Welfare Standards (Shipboard)
Desired Profile:
- Proven track record of managing finance functions in midtolarge organizations.
- Handson experience with tax assessments, audits and regulatory inspections.
- Ability to thrive in a dynamic, fastpaced operations environment.
- High integrity, attention to detail and strong interpersonal skills.
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Posted By
Posted in
Banking & Finance
Job Code
1632383