Purpose of the Job: 1. Prepare presentations for existing/new products on their features & offerings; make monthly factsheets for all products 2. Coordinate with support groups like brokers, legal and compliance 3. Design process & system launch for new products in consultation with operations team 4. Present the product & process notes to the Investment Committee for their approval 5. Portfolio monitoring on a monthly basis to check performance of the product 6. Support sales team to help them understand the products and manage their queries
Post-qualification experience upto 3 years in Direct Tax.Capability to interact with Clients and willing to take lead.Excellent oral and written communication skills.
Ability to work independently and execute assignments with overall guidance from Senior Partners.
Proactive and willing to look for ways to improve processes for efficient service delivery.
1) Financial Modelling for new products / New line of Business
2) Preparation and presentation of monthly / Quarterly / Annual MIS
3) Cost Accounting and responsibility Accounting
4) Variance Analysis
5) Cash Flow & Fund Flow Analysis
6) Long range planning and projected MIS financials for the company as a whole
7) Budgeting and business planning
8) Ensuring tight budgetary control on opex and capex
9) Receivables analysis and control on outstandings
10) Competition accounting and competitor P&L
12) Risk Assessment and Management for specific Business Verticals
Roles & Responsibilities:
â€¢ Legal entity controllership of broker dealer entities which includes month end reporting and preparation
of schedules for consolidation & Intercompany Reporting & support GL close for Local GAAP & US GAAP
â€¢ Ensuring Financial statements are complete, accurate & prepared in a timely manner and are in
accordance with applicable GAAPâ€™s
â€¢ Responsible for entity consolidation along with financial disclosures for quarterly & annual filings to
various regulators under US GAAP.
â€¢ Responsible for stabilizing & financial reporting migrations,
â€¢ Regional Consideration - Driving standardization of process over time from Mumbai, Process efficiency
and ensuring focus on added value work.
â€¢ Liaising with the regional Controllers. Having an understanding of financial reporting process.
â€¢ Needs to understand the Business and Structure of the Legal Entities assigned.
â€¢ Ownership of key controls supporting the General Ledger and other reporting applications including
managing the SOX compliance.
â€¢ Collects financial data from multiple sources to prepare accounting entries, research problems encountered with the data or respond to inquiries regarding the entries.
â€¢ Verifies mathematical accuracy of accounting documents and reports. Determines and makes appropriate corrections.
â€¢ Performs data entry into a sophisticated tracking or reporting system utilizing spreadsheet, database or mainframe applications to develop detailed, complex back-up schedules for accounting entries.
â€¢ Reconciles discrepancies in amounts charged to accounting including complex accounts (e.g., bank accounts) that contain specialized non-recurring transactions. Researches discrepancies and unusual transactions/issues. Identifies errors, assesses the impact of the error and proposes corrections.
â€¢ Maintains filing systems within department retrieves documents and responds to requests for information from the documents as necessary.
â€¢ Processes data through an automated accounting system to record items such as operating expenses/accounts payable, travel expenses and other miscellaneous journal entries. Verifies the accuracy of the entries by analyzing edit reports.
â€¢ Ensure timely compliance of payments and returns of all statutory requirements like GST, TDS, etc.
â€¢ Producing an accurate set of month-end accounts, with comparisons to forecasts and previous periods
â€¢ Assisting in preparing budgets and business planning, including projected revenue
â€¢ Prepare of Cheque Voucher Challan Etc Daily BRS.
â€¢ Preparation of Bill to company invoices and reconfirming the same with sales and operation team. Post approval forward the invoices to the corporate for payment. Chasing late payments, reporting bad debts and keeping a careful eye on the cash flow
â€¢ Responsible for creating, implementing, monitoring the accounts receivables & accounts payables.
â€¢ Liasoning with auditors on interim audits, statutory audits, internal audits etc.