Sr. Manager - Finance & Accounts

Precisco HR Solutions Thiruvananthapuram

Posted on 13 March 2015

Kindly note this vacancy is more than three months old and might be unavailable.

Required Skills

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

Job Description

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