Job Description Account & Finance Head
Experience: 15+Yrs in manufacturing & Export oriented unis
Qualification: B.com, MBA Finance, CA Inter, CA,
IT Skills: Advance Excel, SAP Hana
Banking: -
Liaison with bank over banking issues
Bank compliances like stock statement, Legal Entity Identifier renewal etc.
Currency hedging as per underlying contract and under past performance
Liaison over foreign remittances
Reduced the interest rates on bank borrowings
Funds Raising: -
Factoring Arrangement
Bills Discounting
Raw Material Funding
LC Limit, PC Limit
Unsecured Loans and Secured Loans
Monthly closure activities: -
Trial balance and ledger scrutiny
Responsible for Provisioning, budget vs actual comparison etc.
Preparation of fixed asset detail and depreciation calculation
Preparation and maintenance of books of accounts in accordance with Indian Accounting Standards/ Ind AS and other applicable regulations and guidelines issued by the Competent authority
Monthly Stock maintenance
Taxation: -
Income tax
Tax Planning and Tax Analysis
Compliances both Direct and Indirect tax
Income tax computation and reviewing Income Tax Return
Transfer pricing audit
Draft reply related to Income Tax Assessments
Accurate Advance tax calculation
Goods & Service tax
GST tax calculation and filing Return (GSTR1, GSTR3B, GSTR9/9C)
Review of Input Credit Register and Output Register
E – deposit of tax under reverse charge mechanism
Filing of GST refund applications
TDS on GST Compliance
TDS
Reviewing TDS/TCS Returns after looking into all the amended provisions
Issuing TDS/TCS Certificates on time
Tax calculations of employees
Statutory Audit under Companies Act and Tax Audit under Income Tax Act: -
Proficient in preparation of financial statement - Balance Sheet, Profit & Loss, Cash Flow and Notes to accounts
Proficient in preparation of Tax Audit Schedule and filing income tax return on time.
Analysis of financial figures and identify reason for major variances
To resolve all the observations raised by auditor & ensure closure of books without any qualification
Consolidated and Standalone Financials.
Assisted in the Due Diligence Audit, Stock Audit, Statutory audit, Tax Audit, Transfer Pricing Audit etc. and contributed to comprehensive review process.
ROC Compliances: -
DPT3 filing, creation and removal of charges at ROC portal on timely basis
Drafting Board Resolutions
Timely filing of MSME Forms
Liasioning for getting filed AOC 4 and MGT 7 on time.
Costing: -
Computation of Consumption and Production as per correct BOM
Arriving at the correct BOM
Valuation of Closing Stock Raw material, Packing Material, Finished Goods and Trading Goods, WIP.
Controlling and Risk Assessment: -
Ensured accuracy of Financial Records
Detecting instances of fraud and suggestive fraud prevention measures
Developed better internal controls and recommended improvements
Drive the finance team towards business goals
Develop financial and tax strategies
Manage Capital request and budgeting goals
Develop, implement, and ensure compliance with internal financial and accounting policies and procedures
Lead Financial Reporting/MIS at Board Meeting and the AGMs
Core Competency
Funds Raising
Taxation both Direct and Indirect
GST/TDS Compliances
Tax return filing
MIS reporting
Finalizing Balance Sheet
Secretarial compliances
Budgeting / forecasting
Receivable management
Payable management
Banking compliances
Fixed assets Management
Financial analysis
