This position is responsible for review and report all the BS accounts and providing Entity/Sector/Group level analysis on the financial transactions and potential impact on the carrying balances in the Accounts.
Ensures review of SAP Trail Balances of all sectors / group companies for Balance sheet review and compliance.
ORGANISATION CHART
KEY ACCOUNTABILITIES
Accuntabilities
KPIs
Accounting & Financials:
Review balance sheet GL items and possess practical experience in balance sheet reconciliations.
Review Trial Balance, identify and coordinate with business for open items.
Ensure balance sheet information is accurate. The balance sheet reconciliation process includes cross-checking balances and entries with documentation (e. g. , Bank Statements, Invoices, Fixed Deposits, Corporate Deposits and Share Certificates agreements etc. , ).
Review of all the Provision entries
Finding and preparing balance sheet exposure related transaction
Knowledge in SAP and Advanced Excel
Extract reports from SAP and prepare schedules.
a. Preparation of Schedule for Debtors Aging report, Creditors Aging report, Fixed Assets, Employee Loan, Corporate loans and investments, Prepaid exps, Deposits etc. ,
Assist the business for Statutory, Internal & Tax audits.
Adherence to month-end Calendar
Statutory Compliance
Review of all statutory related assessments and returns status as per company requirements : like o half yearly GST returns.
o Review of TDS Receivable/Refund status.
o TDS / PF / PT / ESI/ Payments etc. ,
Timeliness and Accuracy
No Penalty
KEY ACCOUNTABILITIES - Additional Details
EXTERNAL INTERACTIONS
INTERNAL INTERACTIONS
Cross functional business / SSC teams
Excellent interpersonal skills and lead team
FINANCIAL DIMENSIONS
OTHER DIMENSIONS
Approx. 50 entities managed
Ability to teach and coach team members
Ability to work well under pressure and prioritize multiple tasks towards meeting all deadlines
EDUCATION QUALIFICATIONS
Commerce Graduate
CA Inter MBA.
RELEVANT EXPERIENCE
- 5 to 7 years of experience in finance and accounts department of a large organization
- Min 3 years of experience in preparing financials and balance sheet reconciliations and in a supervisory role
- Valuable in SAP and MS Office ( Excel)