Finance & Accounting Associate

About this role:

Wells Fargo is seeking a Finance & Accounting Associate

In this role, you will:

• Participate in low complexity initiatives to drive overall effectiveness of team in preparing data and assisting in research on product line, operational, and strategic planning
• Review variance and trend analyses tasks or initiatives that require planning, evaluation, and interpretation
• Support operational aspects of work including maintaining financial data, validating accuracy, preparing and analyzing operations and strategic plans
• Prioritize work and provide day-to-day-work leadership and mentorship to Finance team
• Develop understanding of model compliance and risk management requirements for supported area
• Lead or contribute to implementation of new or revised processes and procedures that require coordination among various teams
• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals

Required Qualifications:

• 6+ months of Finance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Should possess good verbal & written communication skills
• Certification on SEZ, taxation, GST, IFRS or IND AS certification, would be added advantage
• Good working knowledge of MS Word, Excel ; Power point preparation
• Interpersonal skills

Job Expectations:

• Track and meet the compliances under Customs, Foreign Trade Policy, FEMA, RBI and other regulations wherever applicable.
• Analyse latest changes in income tax, SEZ, customs regulations and GST regulation and update management on implications of the company operations.
• Hands on experience in handling GST tax assessments, documentation, appeals etc.
• Track all the communications/notices from tax authorities and ensure responded on time with appropriate replies.
• Provide relevant exemption information to stakeholders in reporting and ensure all tax exemptions are claimed by company.
• Account all the month end-closing entries as per the requirement, coordinate with stakeholders and ensure books are closed as per agreed timelines.
• Coordinate with Statutory auditors, internal auditors and compliance team and ensure audit done on time.
• Provide tax support to supply chain management on applicable GST rates, TDS tax rates and other tax compliances expected from vendors and review of purchase orders, agreements/SOW and advise the stakeholders on tax implications, TDS rates, GST etc.
• Understand on the changes in IND AS accounting standards in relation to taxation, US GAAP, provide an analysis to the management, and implement the same wherever required.