Senior Manager

Designation Manager / Sr. Manager – Finance & Accounts (Taxation)

Location - Kolkata

Qualifications Qualified Chartered Accountant

Experience 3 – 8 years Post Qualification Experience in a Manufacturing Company in the areas of handling Direct & Indirect Taxation (GST, I ncome Tax etc.) and Credit Facilities availed by the company through Consortium Banking.

Key Deliverables

Broadly candidate would be responsible for independently handling o fDirect & Indirect Taxation (GST, Income Tax etc.), Credit Facilities availed by the company through Consortium Banking, Overseeing & Finalising Accounts of Investment Co. & Promoters, RBI Compliances and Overseeing Finance & Accounts of Captive Transport Company till Finalizations.

Goods & Service Tax (GST) –

 Preparation, checking & finalization of GST returns on monthly / Annual basis

 Preparing a detailed reconciliation of turnover between Financials & GST Returns

 Reconciliation of ITC GL with GST Records & checking the necessary JV for utilization of ITC Credit.

 Preparing monthly reconciliation Tax Payable GL vs Tax disclosed in GST Return for each state

 Ensuring organization doesn’t loose on ITC credits

 Handling GST Audit & assessment done by department

 Coordination with Factory & Sales Office regarding above

 Advising the concerned function to keep the invoices on hold in respect of invoices not uploaded by the Vendor

 Handling & responding to the queries / Show Cause Notices raised by GST Department

 Handling litigation in the matter of GST in various appellate proceedings

Income Tax –

 Computation of Income, Income Tax Return Preparation & filing for

Manufacturing Company, captive transport company, entire group

including promoters

 Preparation for and handling Tax Audits of all the above entities

 Ensuring timely deposit & quarterly filing of TDS / TCS Returns

JOB DESCRIPTION

 Handling scrutiny, Search & Seizure Assessment / Reassessment of all the above entities

 Handling litigation in the matter of income tax in various appellate proceedings, revision etc.

 Preparation of Paper book for Income Tax Scrutiny or assessment / reassessment or appeal

Other Taxation Compliances –

 Ensuring timely deposit & filing of all other returns like Profession Tax, Electricity Duty etc.

 Will be responsible for ensuring Zero tolerance for non or delayed compliances so far as taxation is concerned Credit Facilities availed by the company through Consortium Banking

 Maintaining Strong & cordial relationship with the lenders where 6-7 lenders are involved

 Handling Agencies for Specialized Monitoring Quarterly Audit (ASM

Audit) & replying to the queries of the lenders on Audit Report or on day to day matter

 Preparing for the quarterly JLMs & attending the same;

 Handling lenders’ / auditors’ inspection of the manufacturing unit;

 Handling Stock Audit, Due Diligence Audit, Valuation of Assets etc.

 Bringing upgradation in External Rating of the company;

 Preparation of CMA for renewal / review of credit facilities;

 Preparing TEV / Detailed Project Report / Financial Modelling / Resolution Plan for Sanction or Structuring of Credit Facilities;

 Submission of monthly Stock Statements;

 Submission of quarterly QMS; -

 Ensuring timely opening of L / C, BG and handling issues, if any

 Other compliances required from time to time viz. balance confirmations etc.;

 Monthly / quarterly interest servicing to the lenders & review of loan statements;

 Satisfaction of charges

 Preparing Daily Disbursement List by coordinating with Factory, Sales Office & Corporate Office.

Accounts of Captive Transport Company, NBFC, Investment Co, Promoters Supervision, Overseeing & closing books of accounts till Finalization of above entities;

 Preparation of Monthly Profit & Loss Account of Captive Transport Company & its analysis;

 RBI Compliances;

 Any other compliances

IT Skills

 Should be good in MS-Excel;

 Should have working experience of at least 4 years in SAP (FI & MM)

module.