ast manager- finance.

The position also supports finance function/business by providing routine reporting and other analysis in areas such as month and quarter-end 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 & Follow-up with auditors for day-to-day 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, Group-company 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