Senior Executive Finance

About the Role

This finance role is critical to our business function. It ensures that the financial reporting and planning for the business is reliable, timely and effective. It also maintains compliance with the tax & regulatory requirements for the company.

This role encompasses various financial functions, tax and regulatory compliance, and payroll management.

Responsibilities

• Financial Function:

• Monthly reporting of accounts, profitability, turnover, order booking through Group reporting software.
• Day to day routine activities reporting to respective Business Units.
• Reporting to Local Management on various reports about Finance (profitability, overheads, budgeting, budget vs actual) and HR related activity reports.
• Solely responsible for local audits and reporting to Group Finance on Audit outcome.
• Preparation of Financial statements and other reports preparation.
• Intercompany receivables / payables – Timely collection and payments for intercompany transactions.
• Reconciliation of all ledger balances accurately.
• Determining the financial needs and working capital management.
• Overseeing the debtors and creditors control and reconciliation of their dues.
• Control and monitor various payments to vendors, customers and service providers and clearance of advances, bill passing, etc.
• Manage and control the approval and processing of revenue, expenditure, salary updates, general ledger, and maintenance of account and data entry.
• Regularly monitoring overheads, Budgeted vs Actuals.
• Liaising with banks for banking transactions, which includes timely payment of EMD’s, Bank guarantee, LCs, Intercompany Payments, Employee credit cards, etc.

Tax & Regulatory Function:

• Interacting with the India Country Director to provide support to business planning initiatives through financial and management information analysis, reports, and recommendations from tax regulatory and financial perspective.
• Ensure company compliance with all legal and required regulatory requirements such as Income Tax regulation, Good and Service Tax, Transfer pricing, Companies Act.
• Timely payment of statutory dues and filing of monthly, quarterly, half-yearly and annual returns under the regulations.
• Maintain all necessary licenses required for the business of the company.
• Update job knowledge by remaining aware of the aforesaid regulations.

Payroll & Others:

• Managing the monthly payroll function and liaison with Payroll agency.
• Arranging for Life & Medical Insurance coverage for Local insurance requirements.
• Undertaking Full and final settlement activities the time of relieving of the employees.
• Responsible for HR related activities locally and reporting to Group HR.
• Carry out any other tasks that may be reasonably required by the Company.

Qualifications

Chartered Accountant with 3 years of Industry Experience and matches job profile.