Business Finance Specialist

Financial Operations Professional

The role of a Financial Operations Professional entails managing various financial and accounting tasks, encompassing GST compliance, reconciliations, and refunds. This position will also provide support during GST audits, record accounting entries, and perform STPI and Custom compliances.

• Preparation of GST Returns : Prepare GST returns, monthly returns, and annual returns in accordance with regulatory requirements.
• Input Tax Credit Reconciliation : Reconcile input tax credits with GSTR-2B and GSTR-3B, classifying eligible, ineligible, and partial ineligible input tax credits.
• GST Refund Workings : Prepare GST refund workings for the respective location, ensuring accuracy and completeness.
• Support During GST Audit : Provide support during GST audit by preparing required reconciliation, compiling supporting documents, and transaction details.
• Accounting Entries : Record accounting entries relating to GST transactions, reconciliations during month-end close.
• STPI & Custom Compliances : Prepare STPI and Custom returns, import approvals, and compliances; liaison with Customs clearing agents and collaborate within the team for import clearance, bonding / de-bonding requirements, tracking Capital Goods imports, and bond balances.
• Month-End Close Accounting Entries : Record month-end close accounting entries; prepare reconciliation schedules for monthly consolidation reporting; support the team for accounting activities during India and the US fiscal year-end close.
• Accounts Payable : Review accounts payable; review vendor invoices, GST input tax credit, and withholding (TDS) taxes in the procurement tool.
• Registrations and Renewals : Liaison with STPI office for registrations and renewals; coordinate with external consultants for various statutory registrations / amendments such as GST, IEC, Customs, etc.
• Inter-Company Invoices : Prepare inter-company invoices for cost reimbursement and prepare other domestic billing.
• Additional Office / Branch Compliances : Support the team in liaising with consultants and collaborate within the team for various statutory registrations, finance and accounting activities, tax, and compliance activities for the additional office, cost transfer invoices, Inter-branch invoicing.

This is an exciting opportunity to join our team and contribute to the success of our organization by delivering high-quality financial operations services.