Sr. Accounting & Tax Specialist || Location - Mahadevapura, Bangalore

• Financial System Oversight: Conduct daily review and oversight of accounting operations within the CFIS, IAN, and IMOS financial systems to ensure accuracy and procedural adherence.

• Statutory Compliance Management: Lead the review process and provide dedicated support to the team for all statutory compliances, specifically managing payroll processing, TDS (Tax Deducted at Source) filings, PF (Provident Fund) administration, and PT (Professional Tax) obligations.

• Financial Planning & Analysis: Prepare comprehensive budgets and forecasts for designated expense categories, securing DTA (assuming this refers to a Decision Tracking or Departmental approval process) approval prior to implementation.

• Payment Cycle Management: Perform rigorous verification and processing of vendor and internal payment requests, ensuring compliance with approval workflows and company policies.

• Bank Relations & Coordination: Maintain effective coordination with banking institutions regarding account management, transaction processing, and resolving any banking-related queries or issues.

• Audit Coordination & Support: Act as the primary point of contact and coordinate closely with external auditors throughout statutory and FCRA (assuming Foreign Contribution Regulation Act) audit processes, providing necessary documentation and support.

• Data Migration & Reconciliation: Execute Tally conversion projects and perform subsequent reconciliations to ensure data integrity between systems.

• FCRA Compliance Support: Provide essential support for FCRA-related filings and reporting requirements mandated by the Ministry of Home Affairs (MHA).

• Employee Development: Organize and deliver regular training sessions for employees, addressing skill development needs as identified by the Area leadership.

• Local Unit Collaboration: Coordinate effectively with leaders across Local units to align financial activities, share information, and support operational needs.

• Reporting & Analysis: Compile, analyze, and prepare detailed monthly financial reports, ensuring timely dissemination to relevant stakeholders.

• Funding Coordination: Liaise with the Area team to manage and coordinate inter-unit transfers and funding requirements with the Head Office (HQ).

• Ad-Hoc Task Execution: Proactively undertake any additional tasks or projects as assigned by the Area team, demonstrating flexibility and adaptability.

Required Qualifications & Skills:

• Education: Bachelors degree in Accounting, Finance, or a related field.

• Experience: Minimum of 5 years of professional experience in accounting, finance, or a related field.

• Technical Knowledge: Strong understanding and practical application of Generally Accepted Accounting Principles (GAAP).

• Solid knowledge of tax principles, including direct taxes (e.g., Income Tax) and indirect taxes (e.g., GST, VAT).

• Proven experience with month-end closing processes and financial statement preparation.

• Software Proficiency:

• Proficiency in the MS Office Suite (Word, Excel, PowerPoint, Outlook).

• Advanced skills in MS Excel required, including pivot tables, VLOOKUPs, and preferably macros.

• Experience with Enterprise Resource Planning (ERP) systems, such as Oracle or NetSuite, is required.

• Experience with accounting software CFIS, IAN and IMOS is a plus.

• Soft Skills:

• Attention to Detail: Meticulous approach to data entry, analysis, and report preparation to ensure accuracy.

• Organizational Skills: Ability to manage multiple tasks, prioritize effectively, and maintain organized records.

• Teamwork: Ability to collaborate effectively with colleagues across different functions.