Ast Manager- finance
Ast Manager- finance
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Job Description
Job Summary
Assistant Manager Finance India to work and provide support on Statutory accounts Financial statements Statutory Audits Taxation Accounting Receivables Payable and FP&A related local support.
This position is a key business partner expected to work in close coordination with cross functional team for data collation reviews feedback & liaising with Auditors Tax consultants.
The position also supports finance function/business by providing routine reporting and other analysis in areas such as month and quarterend reviews budgeting and forecasting pricing new product introductions.
Job Responsibilities:
Responsibility Area One (60%): Statutory Accounts Audit Monthly Reconciliation Taxation
Major Action:
Preparation/consolidation of Statutory accounts financial statements CFS in consultation with Auditors
Liaise with cross functional team/data owners & Auditors to complete the audit requirements in time
Coordination & Followup with auditors for daytoday audit work.
Compare/Review MRL Financial statement schedules reports vs. previous year and highlight changes for further discussion with Finance lead and Auditors.
Acts as central point of contact between Auditors Tax Consultants & management to complete audit requirements tax assignment fillings on time.
Liaise with company secretary to arrange the annual filling Basic secretarial compliance in close coordination with Finance lead.
Record keeping of Board Meetings Minutes and Board Resolutions in consult with company secretary.
Provide information & liaise with tax consultants to arrange tax fillings tax computation TP documentation. Prepare comparative analysis for review and verification.
Prepare TP adjustments templates Quarterly Tax Packages in line corporate tax instructions & liaise with corporate tax team in relation to above.
Provide data for yearend tax packages & arrange Tax journals postings in SAP based on instructions from Corporate tax through Shared Services
Review and share monthly GST report to Tax consultants for filling.
Monthly Balance Sheet Reconciliation variance analysis update on Blackline
Identify variances between Local GAAP vs. US GAAP in discussion/review with Auditors Finance controller and post related entries in SAP with support of shared service team.
To ensure compliance with Corporate policies and procedures and regulatory requirements.
Monthly Cash Flow Forecasts
Responsibility Area Two (30%): Accounting and AR/AP Local Support India
Review monthly accounting journals in close coordination with Shared Service Team.
Review AR collection for India local entity in close coordination with AR associate and Sales Ops team.
Review AP Payouts for Employee reimbursements Groupcompany payouts & MSME Vendors for India local entity in close coordination with AP associate and Supply Chain Team.
Coordinate monthly AR meeting with Sales team to update AR ageing commentaries and to discuss action items for long o/s.
Review monthly funds position and group entities payouts.
Support new customer/vendor creation & update existing customer/vendor master data via SharePoint workflows
Review Financial review (D&B) to understand the credit worthiness/financial standings of customer
Preliminary analysis of financial statements D&B reports for credit limit & days recommendation
Review release credit blocks on account of credit limit term by following appropriate DOA.
How will success be measured:
Completion of Audits Tax fillings Secretarial filling well before due dates.
Demonstrates knowledge of Local GAAP Vs. US GAAP while getting it done.
Timely submission of Tax packages TP Adjustments templates to Corporate Tax team
Timely submission of GST fillings
Timely submission of Monthly Reconciliations to Shared Service Team
Achieve conformance to policy procedures and regulatory requirements.
Timely collection of AR D&B Reviews and Accurate creation/update of customer Masters.
Timely payouts for group entity and MSME vendors.
Exhibits customer/vendor and team focused behaviour.
Accuracy timeliness presentation and customer satisfaction.
Responsibility Area Three (10%): Financial and Business Analysis Support
Working closely with Finance Controller India to support:
o Working/analysis related to Preparation consolidation of month end results quarterly annual forecasts/Budgets for India
o Support related to Data loads/retrieval for forecast via forecasting reporting tools like Hyperion.
o Support ad hoc projects and help define systems improvements to support growth. e.g. Product profitability model
How will success be measured
Timely and consistent support with preparation of budgets forecasts month end analysis & data loads
Significant analytical and commercial skillset
Employment Type
Full Time
