Position objective:The incumbent is responsible for providing support in managing accounts of assigned subsidiary companies which includes finalization, consolidation of accounts and analysis as required. The incumbent is also responsible for tax & statutory audits for the project and managing payments related to TDS, service tax, foreign remittances.Accounts / Financial Statements SubsidiaryPrepares the Balance Sheet in compliance with the prevalent rules & regulationsFinalizes and consolidates books of accounts for subsidiaries / projectsAnalyses the accounts of subsidiaries / projectsEvaluates the books of accounts prepared at the regional officeRectifies errors, if anyForeign RemittancesEnsures timely payments to consultants / vendors residing out of IndiaGets 15 CA / 15 CB certification certification duly signed by the authorized signatory (depending upon the hierarchy)Ensure proper documentation and passing of necessary entriesCalculation of TDS, Goods & Service Tax, etc.Calculates TDS for GPL and ensures that the exact PAN number is given at the time of calculation and ensures that TDS Certificates are submitted on time and on said ratesEnsures entries are passed in accordance to normsCompliances of Direct and Indirect TaxIdentifies the applicable section of the Income Tax Act and relevant section for the calculation of interest rates.Managing AuditsAssists auditors in the audit process by giving required data, resolving queries, preparing documents, etc.Validating DocumentsChecks all documents from the regional offices to ensure that there are no errorsSAP ImplementationGives SAP requirements to vendors;Trains the respective personnel at the regional office for the use of the sameManages the implementation of the Business implementation softwareProcess AdherenceComplies with company defined guidelines and processesAdheres to project timelinesProcess ImprovementIdentifies processes/procedures in own work area that need improvementRecommends process improvement ideas to streamline efficiency/costs/productivityUndertakes process improvement activities in own work areaQualificationCA/ CS/ MBA in Finance with 12+ years of experience in financial reporting and general accountingExperience:12+ Years of experience in general accounting and financial reporting.
