Candidates should have CA qualified
The ideal candidate will have a minimum of 7+ years post qualification Indian corporate experience in the IT/ITES industry, preferably a multinational corporation.
Should be conversant with the labour laws (PF & ESI), FEMA & RBI regulations.
Worked in an environment which handles multi-currency transactions
Updated on the Indian tax laws, both direct and indirect taxes with specific expert knowledge in service tax & VAT
Understanding of accounting concepts preferred
Detail-oriented individual who takes ownership of projects
Ability to communicate clearly and concisely with all levels of management
Has extracted, analyzed and reviewed data and made appropriate recommendations
Role summary:
1. This position holds the responsibility for the Consolidation of Accounts, Statutory Audit –
Monthly, Quarterly & Annual Monthly Reporting (MIS), Statutory compliances & handling
2. Forex transactions with hedging techniques.
Responsibilities:
Finance & Taxation:
Monthly MIS and P&L management
Provide periodic financial and management information
Verification of bills and invoices for its proper approval before accounting
Ensure accuracy and completeness of its accounting data
Overseeing compliance of Direct Taxes, Indirect Taxes & Company’s Act requirements.
Liaise with tax authorities and outside advisers as necessary.
Handle any tax litigation in Indirect tax & Direct Tax matters
Periodic review of international transactions to test for arm’s length
Completion of assessments, application of refunds & complying with amendments
Budgets & Forecast:
Yearly budgets, forecasts & periodical variance analysis
Preparation of reports to management on variances and approvals
Assist management in the formulation of its overall strategic direction
Coordinate with different functions and locations to seek their inputs & prepare annual budget
Preparation of Quarterly, Half Yearly and Periodic forecasts
Support development of cash flow forecasts and perform financial modeling
Forecast cash flow position, related borrowing needs, and available funds for investment
Audits & other compliance:
Planning periodic audits
Ensure completion of statutory & internal audits.
Maintenance of records as prescribed by the Company’s Act including minutes of both board & general meeting.
Complying with all reporting requirements of Company’s Act.
Managing the team:
1 to 1 monthly meets with team
Appraise the team (once a year for established staff, twice for new starters)
Team welfare, including sickness, capability and disciplinary matters
Training & support for team’s new starters
Others:
Should be well versed with OECD TP Guidelines and transfer pricing regulations including transfer pricing study & document preparation.
Should be able to handle departmental transfer pricing audits and litigations
Manage hedging, should be having good knowledge of RBI regulations
External Contacts:
Audit agencies
Legal teams
Labour departments
Key Internal Contacts:
Sales team
Corporate teams
IT
Content
Customer service
Finance
CA
7-10 Years
Above Rs.600,000/-