Manager - Finance & Compliance

About Company

The company is a fast-growing consumer-focused organization operating in the retail and e-commerce sector.

Job Description

1. Accounting & Compliances:

Ø Prepare and publish the monthly / quarterly and annual financial statements on standalone and consolidated basis to the Leadership / Investors- Handle all compliances such as GST, Income tax, TDS etc.- Handle returns submission to the regulators such as RBI.

Ø Develop and document agile processes and SOPs- Liaison with Internal and Statutory Auditors-Coordinate and negotiate with vendors- Play a key role in Financing rounds, due diligence and execution including handling Investor queries.

Ø Manage the monthly financial close process, including ensuring all costs incurred are properly recorded, reviewing journal entries, account balance reconciliations and report preparation.

Ø Supervise books of Accounts for global entities based out of USA, Hongkong & China.

Ø Interact at all levels and with Business unit owners or other stakeholders to produce timely, efficient, and accurate Business MIS and all internal management and financial reporting through annual report.

Ø Participate in the ongoing development/ establishment of Internal controls, accounting policies, procedures and SOPs including the review and implementation of process and system changes.

Ø Handle Annual Statutory/ IFC Audits, Regulatory Compliance (PF, ESIC, TDS, GST, ROC, RBI/FEMA, Transfer pricing, Annual Tax Returns, Income tax Assessments and other compliances as applicable)

Ø Strong knowledge of GST, Supervising/preparation and filing of monthly GST returns for group entities.

a)  To collate and compile information for timely payment of taxes and submission of returns related to GST for the state of Maharashtra and other State.

b) To review & reconcile GST information collated and submitted for all locations Pan India.

Ø Hands on experience in Procure to Pay, Accounting to Reporting, Month end closing, Inter Company transactions

Ø Supporting and Ensuring implementation of internal audit recommendations

Ø Developing finance strategy, including risk minimisation plans and financial opportunity forecasting to maximise profitability and working capital.

Ø Driving tech integration with inhouse Tech & product teams for automation of Finance systems and process, identify system and process deficiencies and come up with solutions/ideas to drive automation and eliminate manual dependencies.

Ø The role will involve independent handling of financial streams for market-place operations with leading Ecommerce players like Amazon, Flipkart, Snapdeal, Ajio, Myntra etc ensure accurate reconciliations, accounting, reporting, compliance, audit etc.

Ø Handle multiple cross functional projects- Develop and mentor a high calibre and action-oriented team.

 2.  Financial Reporting/MIS:

Ø Preparation of Financial statements on a standalone & consolidated basis for group entities on a monthly basis.

Ø Experience in Financial Planning & Analysis, Variance Analysis, Budgeting/Forecasting.

Ø Assisting in Working capital & Fund flow budgeting/planning & Variance analysis based on Actuals vs Projections.

Ø Develop and implement financial trend reports to identify performance issues within the business and risks or opportunities in current financial Plan / Estimate.

Ø Design and work with the tech team to build the company's financial reporting & other reporting system including the interface between the commerce platform / system and the accounting software.

 Requirements:

Ø Qualified CA with 2-3 years of Ecommerce/Retail Industry experience. Must have experience in Accounting finalizations, Preparation of Financial Statements, sound knowledge on preparation & filing of GST Returns & able to manage other compliances.

Ø Hands on experience in Advanced MS Excel and automation of financial processes. Strong Tally, MS- Dynamics, quickbooks, ERP systems experience preferred.

Ø Exceptional written and oral communication skills. 

Personal attributes:

Ø Proactive individual who consistently takes initiative.

Ø Consistently iterates through new and different approaches, Ability to multi-task and deliver quality work under pressure.

Ø Sources and listens to all points of view and respects differing opinions when developing solutions.

Ø Strong process and governance set up capabilities - Ability to establish processes and systems in a fast growing start up set up, while still meeting growth objectives.

Ø Sharp & analytical mind. Quick with numbers, ability to understand business, P&L and balance sheet implications.

Ø Result-oriented and driven with the ability to work under extremely tight deadlines.

Ø Interested in the Ecommerce industry.

 Location: Mumbai

Mandatory Requirement

Primary Job Profile : Finance & Accounts/ Finance Control

Technical Skills : Compliance, Financial reporting, Finalization of Books

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