Job description
Role & responsibilities


Taxation (Direct & Indirect Taxation):-

Representation of clients in income tax scrutiny and assessment/reassessment cases independently under the Income Tax Act, 1961.
Preparation of Income tax returns of Companies, firms and individuals and providing assistance for the same.
Computation of Advance Tax, Taxable Income & Tax Liability of individual.
Preparation of TDS workings for filing of TDS returns.
Correction of TDS Returns according to the TDS provisions.
Independently handling and completing assignments within the stipulated time.
Preparation of Goods and Service Tax Return and Reconciliations, VAT, Service Tax

Accounts Payable:-

Review of payments and expenditures, including payroll, purchase orders, invoices, statements, etc.
Scrutinization of Accounts, To ensure control checks are in place while Invoices processing & reporting and establish wherever required
Assisting in Balance Sheet
Review of multiple types of compliances like GST, TDS and other statutory compliances
GST Audit
Ensured that all Purchase and expenses bills were properly approved and entered on time.
Review of bills, vendor payments

Accounts Receivable:-

Audit of forwarding Bills
Preparing reports within the restricted deadline (Bank Reconciliation, Vendors Reconciliation).
Foreign Bank charges and Local Bank charges
Ledger scrutiny
Assistance in various report preparation like funds flow, collecting data from the system
Ensure RBI / FEMA compliances for FC transaction
Follow up with Foreign buyers for payments / Terms

Audit (Internal & Process audit):-

Perform special review and audit, especially on technical, financial and management related matters, as per audit program.
OCR (order completion report) audit and process & system review.
Prepare & present audit reports on audit assignment and make recommendations for corrective action on process improvement.
Able to deliver value-added audit recommendations for process improvement and ensure completion of assignments as per schedule.
Ensure the adequacy and effectiveness of Internal Control System of the Company.

Financial Planning & Analysis:-

Thorough understanding of the groups cash-flow position, including cash forecasting and reporting.
Understanding of business challenges and how they impact the companys financial position. Support the senior Leadership Team with data-driven analysis and act as a sounding board when making commercial decisions and formulating strategy
Conduct in depth analysis in support of quarterly Board of Directors meeting and Company earnings.
Present monthly and quarterly financial reports of the business to leadership team (Consolidated for both India and Global)
Develop and maintain effective relationships with business partners and cross-functional teams at all levels of the organization
Develop standard capital approval process and evaluation template. Define threshold to evaluate projects for payback/ ROCE
Assess and evaluate financial risks (Forex, Interest rates, Timing of fund flows), formulate a robust risk management policy and ensure successful implementation
Drive Exposure to BI and implementation of BI tools to automate the financial KPI reporting.
Banks/Financial Institutions/Rating Agency etc.
ERP Exposure and development of system reports

Trade finance / Banking:-

Expert in executing cross-border / SEZ / Merchant Trade transactions / documentation with a good understanding of the RBI / Banking Regulations & Practices.
Expert in managing Merchant Trade Accounts Payable / Receivables in compliance with Trade Finance practice / regulations.
Expert in controlling & getting settlement of IDPMS / EDPMS through banks in line with ICEGATE / ECCS portals.
Having reasonable knowledge of Custom provisions w.r.t. Import / Export regulations / custom clearance costs & documentation.
Hand on experience with Import / export Accounting & MIS in ERP environment.
Planning, Prepare and coordinate Letter of credits (Inland, Foreign, Revolving & Merchant Trade), Arranging Buyers Credit and all types of foreign remittance request, documentation.
Fair understanding of the withholding tax / GST provisions on cross border transactions.
Team Management and good interpersonal skills and liaison with banks / cross functional teams.
Ensure Compliances and documentation in relation to various government incentives (DBK, State subsidiary, TUFFs etc.)

Preferred candidate profile



Perks and benefits



Role: Finance Executive
Industry Type: Textile & Apparel (Fashion)
Department: Finance & Accounting
Employment Type: Full Time, Permanent
Role Category: Finance

Education
PG: CA in Any Specialization

Key Skills
CHARTERED ACCOUNTANT TAXATION Corporate Banking CA FINANCIAL PLANNING & ANALYSIS Tax Audit Income Tax Bank Audit Indirect Taxation