Audit Management

The responsibilities would include, but not be limited to, the following:

Financial Reporting: You will be providing timely and accurate financial reporting to management together with strategic insights on the company s financial position. 

Accounting Systems and Processes - Understanding requirements, identifying, evaluating and implementing the most suitable accounting system/ tools needed to support the accounting needs of the organization

Implementing best in class accounting practices and Internal Control procedures considering:

• Accounts Payables - Purchase to Procurement Cycle & Policies, SOPs and SLAs
• Accounts Receivables - Billing Processes and Systems to raise timely invoices and perform ageing analysis
• Revenue and Cash Reconciliations and suggesting and implementing SOPs and SLAs

Financial Closure - Ensure timely and accurate monthly closures. Consistent analyzing of financial data and presenting financial reports in an accurate and timely manner; clearly communicate monthly, quarterly, and annual financial statements; monitor progress, changes and keep senior leadership abreast of the financial status;

Audit - Ensure timely year end financial closures – Statutory, Tax and IFC. Handle end to end audit process and ensure timely completion of audits

Compliances and knowledge - Understand the applicability and ensure compliance with all the relevant statutes impacting the company. Keep abreast with all regulations impacting the companies accounting, compliance and reporting requirements as well as those impacting the company’s operations. Understanding of Income Tax, GST, imports and exports, FDI Regulation, Companies Act, and other tax regulations

Automation - Identify and implement processes to automate all routine repetitive tasks.

Assisting leadership in the annual budgeting and planning process; administering and reviewing all financial plans and comparing to actual results with a view to identifying, explaining and correcting variances as appropriate;  

 Leveraging strengths of the finance team members; providing clarity on the roles and responsibilities; developing and implementing training programmes to maximize and help them reach optimal individual and organizational goals; 

JD for Financial Accountant:

Responsibilities include, but are not limited to:

• Preparation of monthly financial reports covering balance sheet, profit and loss, internal management reports and cash flow statements.
• Managing the general ledger including overseeing the monthly balance sheet, banking and intercompany reconciliations.
• Completion of the monthly accruals, journals, fixed assets and depreciation schedules.
• Weekly cash flow reporting and controlling expenditure.
• Drive outstanding collection & On time vendor payment.
• Provision Accounting & Cost optimization.
• Reconciliation of Financial accounts & Inter company accounting.
• Tax compliance & Return filing – both domestic & international.
• Management Reporting & Presentation.
• Managing foreign currency payments.
• Preparation and filing of GST, Payroll review and processing.
• Internal auditing of year end statutory accounts.
• Creating KPI reports.
• Budgeting and forecasting.
• Ensuring Accounting standards and policies are adhered to.
• Reporting consolidated results at a group level.
• International reporting for global entities (e.g. US GAAP, IFRS).
• Knowledge in FEMA.
• Prepare & file statutory compliances(PF,ESI,TDS etc).
• Training and mentoring junior staff.
• Liaison with external Auditors, Bank Managers and Tax specialists.
• Assisting in process improvement and systems enhancement initiatives.
• Proactively identify new initiatives that could benefit the organisation.

SKILLS AND ATTRIBUTES:

• 1 - 3  years of experience in a finance department of a SaaS based company. 
• Experienced in a Chartered Accounting firm can be advantageous.
• Working knowledge of MS Excel, Tally ERP software and Zoho-books.
• Good verbal and written communication skills.Ability to work with various internal and external stakeholders.
• Ability to work within stipulated timelines and take ownership of tasks assigned.
• Willingness to learn and grow.
• Capable of handling multiple tasks with competing priorities under minimal supervision.
• Must be highly organized & disciplined.
• Excellent attention to detail.
• Commerce graduate - CA Inter or equivalent

JD for Financial Accountant:

Responsibilities include, but are not limited to:

• Preparation of monthly financial reports covering balance sheet, profit and loss, internal management reports and cash flow statements.
• Managing the general ledger including overseeing the monthly balance sheet, banking and intercompany reconciliations.
• Completion of the monthly accruals, journals, fixed assets and depreciation schedules.
• Weekly cash flow reporting and controlling expenditure.
• Drive outstanding collection & On time vendor payment.
• Provision Accounting & Cost optimization.
• Reconciliation of Financial accounts & Inter company accounting.
• Tax compliance & Return filing – both domestic & international.
• Management Reporting & Presentation.
• Managing foreign currency payments.
• Preparation and filing of GST, Payroll review and processing.
• Internal auditing of year end statutory accounts.
• Creating KPI reports.
• Budgeting and forecasting.
• Ensuring Accounting standards and policies are adhered to.
• Reporting consolidated results at a group level.
• International reporting for global entities (e.g. US GAAP, IFRS).
• Knowledge in FEMA.
• Prepare & file statutory compliances(PF,ESI,TDS etc).
• Training and mentoring junior staff.
• Liaison with external Auditors, Bank Managers and Tax specialists.
• Assisting in process improvement and systems enhancement initiatives.
• Proactively identify new initiatives that could benefit the organisation.

SKILLS AND ATTRIBUTES:

• 1 - 3  years of experience in a finance department of a SaaS based company. 
• Experienced in a Chartered Accounting firm can be advantageous.
• Working knowledge of MS Excel, Tally ERP software and Zoho-books.
• Good verbal and written communication skills.Ability to work with various internal and external stakeholders.
• Ability to work within stipulated timelines and take ownership of tasks assigned.
• Willingness to learn and grow.
• Capable of handling multiple tasks with competing priorities under minimal supervision.
• Must be highly organized & disciplined.
• Excellent attention to detail.
• Commerce graduate - CA Inter or equivalent

• Manage accounts and financial operational activities
• Prepare Daily, Weekly and Monthly reports
• Record Maintenance for Factory and Admin Compliances
• Coordinate with auditor office about GST, TDS, and TCS Filings
• Manage the accounts team

Job Description :-

Job Title: Accounts & Audit Executive

Experience: 4 to 5 years

Gender - Male

Qualification: Graduate / Post Graduate

Working days:- 5

Location: Mumbai (Andheri West)

Roles and responsibilities:-

Understanding internal audits to ensure the company meets its financial, operational and compliance objective.

Initiating improvements to the Financial Control and Auditing process.

Acquire, analyze and evaluate accounting documentation, data’s & reports.

Prepare and present reports that reflect audit results and document process.

Identify loopholes and suggest appropriate risk management activities.

Maintain open communication with management committee.

Conduct follow up audits.

Desire Skills:-

Bachelor's degree in Accounting, Finance, or related field.

Experience in Accounting and Audit

Experience in finalization of accounts

Experience in payroll audit 

Knowledge and expertise in Ind AS, IFRS, Accounting and Audit Standards

Minimum 4 or 5 years of experience is needed.

Strong interpersonal skills, critical thinking skills, and time management skills.

Proficient verbal and written communication skills.

Responsibilities:

• Maintain accounting records (monthly, quarterly, yearly) of the company, update financial statements, and ensure compliance with laws and regulations.
• Prepare budgets, monitor adherence to budgetary figures for all activities/projects of the company, and submit reports to the management giving pertinent financial information.
• Assist in financial forecasting to support managerial decision-making, analyze discrepancies, if any, and monitor cash and fund flows.
• Ensure tax payments are processed on time, liaise with the government department/s as required to complete tasks, and submit challans, returns, etc. within stipulated deadlines.
• Manage tasks related to internal audits and provide all accounting and financial information in a structured manner according to local/state/central laws.
• Handle all petty cash, bank accounts, company’s credit/debit cards and transactions via other financial instruments, and periodically process receipts, invoices, and payments.

• Excellent knowledge of bookkeeping, taxation, audit, professional tax, and accounting standards (IAS).
• Conversant with GST payments and return filing.
• Tally ERP, MS Excel

What you need to have:

• CA Qualified (Minimum 3 years of post-qualification experience)
• Should have experience working in high growth companies and handling voluminous data.     
• Experience of managing a team of 7-10.    
• Deep inclination towards automation/ technology optimization
• High level of analytical skills 
• Extremely good level of communication skills 
• Experience working in a startup would be preferred.       

GST:

• Verification of Books of accounts, Revenue Data and Computation of GST liability on a monthly basis
• Verification and Computation of RCM Liability on monthly basis,
• Filing of GSTR 1, GSTR 3B & Monthly returns.
• GSTR - 2A/2B reconciliation with books of accounts.
• Filling GSTR 9 – Annual return and GST audit

TDS:

• Working closely with the Tax consultants for advisory and foreign tax-related matters

Handling the assessments and queries if any

• Computation of TDS & Equalisation Levy liability on monthly basis,
• Filing of TDS returns verification of PAN etc for Payroll and Vendor related payouts.,
• Filing of Equalisation Leavy returns,
• Interacting with other functions/departments within the company
• Knowledge of WHT on International Transactions

Transfer Pricing:

• Knowledge of Transfer Pricing transactions and compliance
• Foreign subsidiaries tax compliance and structuring transactions working with foreign consultants
• Monthly/quarterly local compliances relating to International subsidiaries (US, Middle east etc)
• Other matters related to taxation

Controlling of Finance, General Accounting, General Ledger, Treasury management