Senior Finance Manager - Economic Zones

Senior Manager - Finance - Economic Zones - Nhava Sheva

• Responsible for day to day accounting of the BU.

• Performing all the month end/quarter end/year ender process as per SOP.

• Preparation of all Month end Financials packs (IFRS Pack, Management Pack etc.,) & providing information for handling all queries of RO & Dubai HQ.

• Monthly GL Review, matching all GL Subledgers with main ledger, Review of all Schedules of Trial Balance with GL Team and taking corrective measures, Intercompany reconciliations, identification of appropriate classification of assets / liabilities (current & non current) , monthly  review of all advances, Allocation of expenses between correct LOB’s, cost centre etc.,

• Preparing weekly cash flow statements and controlling & Planning expenditures.

• Co-ordinating with treasury team on all loan related queries, banking information etc.,

• Coordination with procurement team for raising PR and Issuing PO to the vendor.

• Coordination with SSC Team for Vendor Invoice booking in Oracle on daily basis and carry out invoice verification in Oracle.

• Verification of vendor bills which includes rates, terms as per agreement, PO, receipt, TDS, GST and proper approval from authorized person

• Preparing Vendor Ageing statement and their payment status. Handling all Debit Note / Credit Note with vendors and blocking/unblocking of all vendors. Ensuring periodical review of Vendor master

• Coordination with SSC  Team for raising invoices in Oracle and following up with commercial team for collections. Ensuring that the systems are correctly updated with rates and quantities and there is no revenue leakage.

• Ensuring periodical Vendor Balance confirmation, MSME confirmation/payments etc.,

• Fixed Assets Control – Review of Fixed Asset Register, enabling periodical fixed assets verification, proper classification, Handling lease accounting.

• Ensuring proper accounting & tracking of all Inventory of spares, consumables etc., and coordination with operation department on all requirements for the same.

• Keep in safe custody all original contracts and agreements entered between the party and company.

• Develop tools & systems to provide critical financial and operational information and make actionable recommendation on both strategy and operations.

• Establish and maintain appropriate internal control safeguards including but not limited to revenue realization, costs, cash, and assets.

• Ensure records systems are maintained in accordance with generally accepted auditing standards. 

• Providing all information for the preparation of Budget after coordination with various departments and regular monthly and periodical forecast. Continuous tracking of Actuals against Budget/previous year and preparation of variance analysis report.

• Ensuring compliance with respect to all Direct Tax matters

   ( - Reviewing Monthly TDS payment, TDS Return etc.,

     - Preparation of Monthly Tax Provision,  of Advance Tax, Deferred Tax workings,, Income Tax Return, 

      - Handling Income Tax Assessments, updating all periodical reports in income tax portal, Handling Transfer pricing requirements, Handling any Notices send by IT department, Tax pack updation, TDS certificate queries etc.,)

• Providing all information’s by coordinating with all departments, as necessary, completion of all Internal & External audit (statutory, group, Internal, Tax, other department audit etc.,), 

• Ensuring compliance with respect to all Direct and Indirect Tax matters

• Coordination with secretarial department and ensure all compliance of FEMA, companies act etc., and helping in handling all regular legal cases related to the company

Handling all SEZ related compliances and coordination with customs & SEZ officials in the site

 To comply with all aspects of company’s Quality, Health, Safety, Environment management systems

Experience Level

Senior Level