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.