Team Lead - Finance - CA

ConfidentialPune

30+ days ago

Job description

Role : Team Lead - Finance - CA

Location : Pune

Experience : 8 to 12 Years

Qualification : CA

Job Description :

Banking and Treasury Management :

Cash Flow Management : Oversee daily cash flow management, ensuring sufficient liquidity for business operations. Forecast, monitor, and optimize cash balances.
Bank Relationships : Maintain strong relationships with banking partners to optimize banking services, negotiate fees, and manage credit facilities effectively.
Treasury Strategy : Develop and implement treasury strategies to ensure efficient utilization of available funds while mitigating financial risks.
Cash Management Systems : Leverage automated banking and cash management systems to improve operational efficiency.
Fund Transfers : Supervise domestic and international fund transfers, ensuring compliance with internal policies and external regulations.
Credit facility renewal and Credit ratings with external agencies.
Export AR compliance and FEMA compliance.

ODI and FDI compliance.

2. Direct Taxation :

Tax Compliance : Ensure compliance with all relevant tax regulations, including income tax, withholding tax, GST (if applicable), and other direct taxes.

Tax Returns : Prepare, review, and file direct tax returns for the company, ensuring timely submission and adherence to local and international tax laws.

Tax Planning & Strategy : Work with senior management to identify tax-saving opportunities, efficient structuring, and reduce the overall tax burden of the organization.

Tax Audits : Liaise with tax authorities during tax audits and assessments, ensuring that all required documentation is prepared, organized, and provided.

Tax Provisions : Accurately calculate and record tax provisions, deferred tax assets, and liabilities in the financial statements.

3. Consolidation of Statutory Accounts :

Consolidation Process : Oversee the consolidation of the company's statutory financial statements in line with accounting standards (IFRS, GAAP, or other applicable standards).

Intercompany Transactions : Ensure the correct elimination of intercompany transactions, balances, and investments during the consolidation process.

Preparation of Financial Statements : Ensure the preparation of consolidated financial statements, including income statements, balance sheets, cash flow statements, and notes to accounts.

Group Reporting : Coordinate the preparation of group-level financial reports for senior management, investors, and regulatory bodies.

Statutory Compliance : Ensure that consolidated financial statements comply with all statutory accounting and reporting requirements.

Audit Coordination : Liaise with external auditors, addressing any queries and ensuring all consolidation-related processes meet audit requirements.

4. Risk Management and Internal Controls :

Internal Controls : Implement and monitor strong internal control systems to safeguard the company's financial assets, ensuring compliance with policies and regulations.

Risk Management : Assist in identifying and mitigating financial and operational risks, especially in banking, treasury, and taxation areas.

Audit and Compliance : Assist with internal and external audits, ensuring that all records and reports are accurate, transparent, and compliant with applicable accounting and tax standards.

5. Leadership and Coordination :

Team Management : Lead and mentor a small team of accounting professionals, fostering a collaborative and efficient working environment.

Cross-Functional Collaboration : Work closely with other departments, including finance, legal, and operations, to ensure smooth financial operations and compliance.

Process Improvements : Suggest and implement improvements in accounting processes, treasury management, and tax compliance for enhanced efficiency and accuracy.

Education

Chartered Accountancy (C.A)

Skills Required

Gst, Tds

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Finance Team Lead • Pune