Experience:
About 20 years of experience preferably in financial services entity focussed on corporate / lending. Exposure to Infrastructure / power sector and experience of having worked in a listed entity are desirable.
Designation: Vice President / Senior Vice President
Key Responsibilities:
Head the Finance and Accounts Functions with responsibility for the following areas:
- Financial Strategy & Planning: Develop financial models, forecasts, budgets, treasury, resource mobilisation / raising of funds and long-term strategic plans, aligning them with business goals.
- Financial Operations: Manage daily financial activities, accounting, payroll, reporting, and internal controls, ensuring accuracy and timeliness.
- Taxation: Tax planning, manage TDS, Income Tax computation, ITR, tax audits, tax assessment, GST returns / assessments, etc.
- Quarterly / Annual Audit: Co-ordinate with internal and external stakeholders to ensure timely completion of audit, (statutory audit, internal audit, regulatory)
- Risk Management: Identify, assess, and mitigate financial risks, ensuring regulatory compliance.
- Leadership: Build, lead, and direct the finance and accounting teams. Presentation to Audit Committee and Board of Directors.
- Other responsibilities as decided by management.
Core Competencies
- Strategic Vision: Looking beyond numbers to guide future growth.
- Financial Acumen: Deep understanding of accounting, finance, and market trends.
- Leadership & Communication: Ability to manage teams and present complex financial info to executives/stakeholders.
Accounts
Indicative List of Activities:
1 Ensuring preparation of financial statement in compliance with regulatory requirement2 Balance Sheet3 Profit & Loss Account4 Cash Flow Statement5 ECL Computation as per regulatory requirement6 Other Schedule7 Bond Certificate8 Audit committee Presentation9 Board presentation10 Timely Completion of Audit11 Statutory Audit & Limited Review12 Internal Audit responses13 Interaction with all auditors for various requirement & ensuring availability of requisite info on time.14 Prepn and presentation of various proposals, statements, status report etc to Board / Board Committee15 Compliance with direction of Board / Board Committee and submitting ATRs16 Budget Preparation and review17 Ensuring submission of data for RBI audit18 Review of Annual Report / other reports19 Data for investors presentation20 Agenda preparation for Board Meeting/ACB related to Accounts
Income Tax
1 Tax Audit2 Review of Income Tax Return3 Computation of Advance tax/ deferred tax/ Income Tax as per Income Tax Act on quarterly / annual basis4 Review of TDS return on monthly basis.5 Ensuring claim of tax on possible areas including written of accounts6 Ensuring submission of data for Assessment7 Coordination with Internal audit for TDS reconciliation and other issues
Gst
1 Review of GST return on monthly basis.2 Goods & Service Tax Act Audit3 Ensuring submission of data for Assessment
Payroll
1 Reviewing the salary payment2 Employees reimbursement3 TDS Return & certificate
Other Matters
1 Financial Concurrence of various matters in line with the policy of the company2 Review and drafting of various policies , SOPs, and RCSA.3 Compliance with various statutory laws4 Ensuring compliance with RBI/SEBI/MSME others5 Addressing other critical issues / matters of the department to logical conclusion.6 Human Resource - Reviewing the salary / other payable to employee & approving the payment thereof.7 Automation of activities
Charge Of Other Matters
1 Handling charge of operations, billing & disbursement department2 Participating in various activities as a Deputy to CFO in line with PFS Policies3 GRC compliances review for all team members in Finance team(ref:iimjobs.com)
