Manager - Site Finance (Sector 88, Gurugram)

About Godrej Industries Group (GIG)

At the Godrej Industries Group, we are privileged to serve over 1.1 billion consumers globally through our businesses with market leadership positions in the consumer products, real estate, agriculture, financial services and chemicals industries.

https://www.godrejindustries.com/

About Godrej Properties Limited (GPL)

Godrej Properties brings the Godrej Group philosophy of innovation, sustainability, and excellence to the real estate industry. Each Godrej Properties development combines the over 125-year legacy of excellence and trust with a commitment to cutting-edge design, technology, and sustainability.

www.godrejproperties.com

Key Responsibilities

The incumbent is responsible for managing accounts of assigned subsidiary/SPV's companies which includes finalization of books of accounts, consolidation of accounts with Holding Company and analysis as required. The incumbent is also responsible for tax & statutory audits for the project and managing payments related to Income Tax including TDS, Advance Tax & Indirect tax (GST), foreign remittances etc.

1. Accounts / Financial Statements Preparation

• Prepares the Quarterly and Annual Financial Statements with all the notes and disclosures in compliance with the INDAS/IGAAP standards
• Finalizes and consolidates books of accounts for subsidiaries / SPV's with Holding Company
• Scrutiny of ledgers, analyses of accounts of subsidiaries / SPV's periodically
• Monthly closure of MIS with detailed analysis of cashflows, profitability etc.
• Reviewing Trial Balance periodically and balances should be backed up with independent source document.
• Should support in Annual operating plan (AOP) exercise for project and try to ensure all the relevant assumptions are captured in plan.
• Should provide projection for year as and when required based on AOP Inputs/assumptions.

2. DT/IDT Compliances

• Calculates and Verify TDS Deduction basis applicable tax laws
• Ensures entries are passed in the books in accordance to tax norms
• Prepare data required to be submitted with the authorities during several types of assessment
• Reconciliation of GST Input as per books and GST Returns
• Filing of TDS Returns
• Getting GST, Tax and RERA Audit Done by the auditors
• Aware of all the recent notifications/amendments In tax laws

3. Managing Audits

• Assists auditors in the audit process by giving required data, resolving queries, preparing documents, etc.
• Ensuring all the required details are provided to auditors in time bound manner
• Ensuring proper financials are shared with auditors with all the supporting work papers

4. Foreign Remittances

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

5. Validating Documents

• Checks all documents supporting the recorded transaction in the books to ensure that there are no errors In the same
• Ensuring proper accounting entries are passed basis the documents

6. Process Adherence

• Complies with company defined guidelines, ICOFR's and processes
• Adheres to timely deliverables

7. 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

Who are we looking for?

Education:

• CA

Experience:

• 8+ years of experience in preparation of accounts, finalization of accounts. MIS preparation, Direct tax and indirect tax compliance. (preferably from Real Estate)
• Team handling experience preferred