Finance Controller @ Bangalore

Key Responsibilities

The incumbent is responsible for providing support in managing accounts of assigned subsidiary companies which includes finalization, consolidation of accounts and analysis as required. The incumbent is also responsible for tax & statutory audits for the project and managing payments related to TDS, service tax, foreign remittances.

Accounts / Financial Statements Subsidiary
Prepares the Balance Sheet in compliance with the prevalent rules & regulationsFinalizes and consolidates books of accounts for subsidiaries / projectsAnalyses the accounts of subsidiaries / projectsEvaluates the books of accounts prepared at the regional officeRectifies errors, if any

Foreign Remittances
Ensures timely payments to consultants / vendors residing out of IndiaGets 15 CA / 15 CB certification duly signed by the authorized signatory (depending upon the hierarchy)Ensure proper documentation and passing of necessary entries

Calculation of TDS, Goods & Service Tax, etc.
Calculates TDS for GPL and ensures that the exact PAN number is given at the time of calculation and ensures that TDS Certificates are submitted on time and on said ratesEnsures entries are passed in accordance to norms

Compliances of Direct and Indirect Tax
Identifies the applicable section of the Income Tax Act and relevant section for the calculation of interest rates.

Managing Audits
• Assists auditors in the audit process by giving required data, resolving queries, preparing documents, etc.

Validating Documents
• Checks all documents from the regional offices to ensure that there are no errors

SAP Implementation
• Gives SAP requirements to vendors.• Trains the respective personnel at the regional office for the use of the same• Manages the implementation of the Business implementation software

Process Adherence
• Complies with company defined guidelines and processes• Adheres to project timelines

Process Improvement
• Identifies processes/procedures in own work area that need improvement• Recommends process improvement ideas to streamline efficiency/costs/productivity• Undertakes process improvement activities in own work area

Preferred candidate profile

Experience:

• 4-5 years of experience in preparation of accounts, finalization of accounts. MIS preparation, Direct tax indirect tax compliance.

Education:

• CA

Skills:

• Technologies- SAP (Good to have)
• Softwares- MS- Office, Excel.
• Technologies- SAP (Good to have)
• Softwares- MS- Office , Excel.

  Role & responsibilities