Financial Closing and Reporting Professional

AGM (Assistant General Manager) of Accounts ( Latur / Solapur / Ratnagiri)

Managing multiple Special Purpose Vehicles (SPVs) typically oversees all financial and accounting operations for those SPVs, ensuring compliance, accuracy, and efficiency. This includes tasks like financial reporting, budgeting, taxation, and audit management. The role also involves supervising accounting teams, coordinating with various stakeholders, and providing financial insights to support business decisions. 

Key Responsibilities:

Financial Management:  Overseeing the day-to-day financial and accounting operations of multiple SPVs.  Preparing and finalizing financial statements (Balance Sheet, P&L A/c, Cash Flow Statement).  Developing and managing budgets and forecasts for each SPV.  Monitoring and analyzing financial performance, identifying variances and trends.  Managing cash flow, investment plans, and fund flow for each SPV.  Compliance and Taxation:  Ensuring compliance with relevant accounting standards - Ind AS and regulatory requirements.  Managing all aspects of taxation, including GST, TDS, and income tax for each SPV.  Preparing and filing tax returns, ensuring timely payments and compliance.  Staying updated on changes in tax laws and regulations.  Audit and Reporting:  Preparing for and managing internal, statutory, and tax audits for each SPV.  Liaising with auditors and coordinating the audit process.  Producing various MIS reports and analysis for management review.  Ensuring accurate and timely financial reporting to stakeholders.  Team Management and Coordination:  Supervising and mentoring the accounting team members working on SPV-related tasks.  Coordinating with various departments and stakeholders to resolve financial issues.  Providing financial advice and guidance to other teams and management.  SPV Specific Responsibilities:  Understanding the specific structure and documentation of each SPV.  Ensuring compliance with SPV-specific agreements and regulations.  Monitoring and reporting on SPV performance against agreed-upon metrics.  Contributing to the development of financial strategies for the overall organization, considering the implications for each SPV.  Identifying opportunities for cost optimization and efficiency improvements across SPVs.  Supporting the organization's growth and expansion plans through financial analysis and planning.

Required Skills and Experience:

Chartered Accountant (CA): A strong understanding of accounting principles, financial reporting, and taxation.  Experience in handling multiple SPVs: Prior experience in managing the financial aspects of Special Purpose Vehicles is crucial.  Strong knowledge of accounting standards: Familiarity with Indian Accounting Standards (Ind AS) is essential.  Proficiency in SAP ERP systems required.  Excellent analytical and problem-solving skills: Ability to analyze financial data, identify issues, and propose solutions.  Strong communication and interpersonal skills: Ability to effectively communicate financial information to various stakeholders.  Leadership and team management skills: Ability to lead and motivate a team of accounting professionals.  Knowledge of relevant laws and regulations: Understanding of Companies Act, Income Tax Act, GST Act, and other relevant regulations.  This role requires a highly skilled and experienced finance professional who can effectively manage the financial complexities of multiple SPVs while ensuring compliance and contributing to the overall success of the organization.