Finance Executive – HO

Job Overview

Job Description

Job Description

·         Financial Accounting- Assist in review and
preparation of Monthly Accounts, Inter Company Debit Note Accounting, Review
of Accounts & GL analysis, Preparation of Quarterly Schedules etc.

·         Tax related Analysis – Review of C Form
compliance and CENVAT compliance report sent by factory team in desired
format; Ensure TDS & Reverse Service Tax compliances, Resolve tax related
issues if any;

·         Audit Control- Coordinate with audit team for implementation of
audit recommendations; Resolve issues if any during implementation

·         Capex- Managing Capex Finance operations including Negotiation
with suppliers, Ordering, Payments, Statutory Compliances, Retention &
Advances, Bank Guarantees, LC, Transfer Pricing Regulation etc.  Managing Budget tracking.  Evaluating financial viability of all Capex
proposals.

·         Revenue: Ensure timely payment of all category related
payments-contractors, admin, imprest cash, spares.  Ensure compliance of company policies with
regard to ordering and competitive quotations.

·         Financial & Cost Analysis- Prepare monthly financial reports (e.g. material reports, scrap sales
reports, finished goods aging report, sales report SKU wise and COGS);
Prepare monthly profit and loss report for category;  Assist in MIS on a month on month basis

·         Assistance in Business Planning-Calculate
COGS for the coming year based on inputs from procurement & manufacturing
team and past performance data; analyzing impact of material & freight
inflation, analyzing fixed cost.

·          Inventory Management-Conduct surprise stock verification audit at CMU/owned unit; Review
reconciliation of physical stock with stock records and SAP; review of stock
accounting & moving (weighted) average price.

·         Policies and Systems-  Review and ensure adherence to company
policies and systems

  • Implementation
    of new & improved processes: A
    ssist
    in implementation of new processes in order to comply the new/upcoming statutory
    requirements e.g., under Companies Act, 2013, Ind AS, GST etc. or to improve
    the present systems & processes e.g., improvement in variance accounting
    process etc. 


Requirements

Knowledge

Cost Accounting & Financial Analysis

– Financial Accounting

– Excise, Service Tax, VAT, Custom
Duty, TDS provisions, GST

– Internal Control & Check,
Internal Audit, Statutory Audit

– MS Office and ERP systems

Competencies

– Adherence to systems and
processes

– Analytical skills

– Managing multiple
assignments/prioritization

– Inter-personnel &
presentation skills

Experience and Educational qualification
 
ICWA
(Final)

Keep himself professionally updated with new developments in the field
of Finance, Law & Taxation