Manager Finance Audit

Job Description

The ideal candidate will be responsible for managing the end-to-end Accounting and Book-Keeping, ensuring compliance with Indian accounting standards, manage & overseeing audit processes. This role demands a thorough understanding of financial regulations, strong leadership abilities, and the capability to manage multiple responsibilities efficiently.. Key Accounting. Ensure accurate and compliant bookkeeping in line with Indian GAAP and Ind AS (Indian Accounting Standards), preparing financial statements such as balance sheets, profit and loss accounts, and cash flow statements.. Stock/Inventory Accounting. Manage and reconcile stock and inventory records, specifically for D2C operations across marketplaces (Amazon, Flipkart, etc.) and direct-to-consumer channels.. Ensure accurate valuation of inventory and proper recognition of Cost of Goods Sold (COGS) and stock obsolescence.. Track and analyze inventory movement (purchases, sales, returns, damages) and ensure correct allocation of costs (shipping, duties, storage).. Plan and coordinate inventory audit activities with external auditors at Exclusive Brand Outlets (EBOs), ensuring adherence to timelines and standard & Preparring pre-audit reports and checklists, reviewing stock count efficiency.. Marketplace Accounting. Handle accounting for marketplace fees, commissions, returns, and disputes.. Ensure proper reconciliation of revenue and payments received from e-commerce marketplaces, identifying discrepancies and ensuring timely collection.. Manage and track promotional schemes and discounts offered on different platforms, ensuring correct financial treatment.. Accounts Payable & Receivable. Oversee vendor invoices, approvals, and payments, ensuring accurate classification and reporting of expenses.. Monitor customer collections and reconcile accounts receivable, ensuring timely realization of funds from various e-commerce channels and B2C sales.. Tax Compliance. Ensure compliance with GST, TDS, and income tax regulations, with a focus on reporting for multi-state e-commerce transactions and marketplace operations.. ITC Reconciliation and Follow-up: Ensure timely reconciliation of Input Tax Credit (ITC) between GSTR2B and vendor filings & Following up with vendors to resolve any discrepancies or missing ITC, ensuring compliance with GST regulations.. Audit Support. Prepare schedules, documentation, and financial statements to assist internal and statutory audits, ensuring compliance with Accounting Standards and tax laws.. MIS Reporting. Prepare monthly and quarterly Management Information System (MIS) reports, analyzing variances in sales, margins, and inventory to guide management decisions.. Internal Controls. Implement and maintain strong internal financial controls, particularly in areas like inventory, accounts payable, accounts receivable, and expense management.. Qualifications & Skills. Education: CA or CMA (preferred). Experience: 4-6 years of accounting experience, preferably in a startup or D2C e-commerce environment.. GAAP & Ind AS Expertise. Strong working knowledge of Indian GAAP and Ind AS.. Experience in preparing financials as per Ind AS requirements and ensuring compliance with Indian accounting standards.. Stock/Inventory Knowledge. Hands-on experience in stock accounting across multiple e-commerce platforms.. Strong understanding of inventory valuation methods, stock movement, COGS calculation, and inventory obsolescence.. Attention To Detail. Highly detail-oriented with strong analytical skills, ensuring accuracy in financial reporting and adherence to internal controls.. Locaton-Delhi NCR,Bangalore,Chennai,Pune,Kolkata,Ahmedabad,Mumbai,Hyderabad