General Manager - Accounts And Taxation (Karnataka)

General Manager - Accounts And Taxation (Karnataka)

06 Aug
|
Seamus Management Services
|
Karnataka

06 Aug

Seamus Management Services

Karnataka

Company

Manufacturing

Location

Bengaluru, Karnataka(Factory)

Position

DGM/GM- Accounts & Taxation.

Age Group

45 – 52 Years

Experience

Total experience 15-20 years in Accounts and Taxation.

Job Profile

1. Financial Accounting & Reporting

- Lead and manage end-to-end accounting .
- Ensure accurate accounting of all financial transactions in compliance with Ind AS, the Companies Act, and applicable accounting policies.
- Ensure timely monthly, quarterly, and annual closure of books of accounts.
- Prepare standalone and consolidated financial statements along with all schedules and disclosures in accordance with Ind AS.
- Review accounting estimates, provisions, impairment assessments, and financial disclosures.

2. Sales Accounting & Receivables Management

- Oversee accounting of domestic and export sales, revenue recognition, customer incentives, rebates, discounts, freight recoveries, and related transactions.
- Ensure reconciliation of sales with ERP, GST returns, and financial records.
- Monitor receivables, customer ageing, and collection efficiency.

3. Accounts Payable & Vendor Payments

- Oversee bill passing, invoice verification, accounting, and timely payment to vendors.
- Ensure compliance with contractual payment terms and internal approval processes.
- Monitor vendor reconciliations, ageing analysis, and resolution of outstanding issues.
- Ensure compliance with GST, TDS, MSME Act, and other statutory provisions relating to vendor payments.

4. Payroll Accounting

- Ensure accurate accounting of payroll and payment of PF, ESI, Professional Tax, TDS, Gratuity, Leave Encashment, and other statutory employee obligations.

5. Working Capital & Treasury Management

- Monitor cash flows, liquidity, receivables, inventory, and payables to optimise cash conversion cycles.
- Prepare cash flow forecasts and treasury plans.
- Ensure effective treasury operations, including fund transfers, investments, and banking transactions.




- Manage relationships with banks and financial institutions.
- Coordinate sanction, renewal, enhancement, documentation, and utilisation of fund-based and non-fund-based credit facilities.
- Monitor compliance with lending covenants and submission of periodic financial information to lenders.
- Handle matters relating to working capital limits, term loans, bank guarantees, letters of credit, and other banking arrangements.

8. GST Management

- Lead end-to-end GST compliance for the organisation.
- Ensure timely preparation and filing of all GST returns.
- Monitor Input Tax Credit (ITC) reconciliation with GST portal and vendors.
- Ensure timely resolution of reconciliation differences.
- Handle GST assessments, departmental notices, audits, investigations, and litigation.
- Prepare replies to notices and represent the Company before GST authorities during assessments and personal hearings.

9. Direct Tax Management

- Ensure compliance with all Income Tax provisions applicable to the Company.
- Coordinate preparation of tax computation, tax audit reports, transfer pricing information (where applicable), and other statutory submissions.
- Ensure timely payment of advance tax, self-assessment tax, and TDS obligations.

11. Insurance Management

- Manage the Company's insurance portfolio, including industrial all-risk policies, fire insurance, marine insurance, machinery breakdown, liability insurance, employee insurance, and other risk coverage.
- Coordinate policy renewals, valuation of assets, premium optimisation,



and adequacy of insurance coverage.
- Handle insurance claims, documentation, surveys, and settlements in coordination with insurers and surveyors.

12. Audit & Internal Financial Controls

- Independently coordinate statutory audits, internal audits, tax audits, cost audits, and other regulatory audits.
- Ensure timely closure of audit observations and implementation of recommendations.
- Strengthen Internal Financial Controls (IFC) and ensure compliance with the Companies Act and internal policies.
- Review SOPs and recommend process improvements, automation, and strengthening of financial governance.

Required Qualifications & Experience

- Chartered Accountant (CA).
- Minimum 15–20 years of progressive experience in Finance & Accounts, preferably in a large manufacturing organisation.
- Good knowledge of Indian Accounting Standards (Ind AS), GST, Income Tax, Companies Act, treasury management, banking operations, budgeting, financial reporting, and internal financial controls.
- Hands-on experience with ERP systems.

Pay: ₹4,000,000.00 - ₹5,000,000.00 per year

Advantages:

- Flexible schedule
- Health insurance
- Leave encashment
- Life insurance
- Provident Fund

Ability to commute/relocate:

- Karnataka: Reliably commute or planning to relocate before starting work (Preferred)

Application Question(s):

- Notice Period And Current Salary

Education:

- Bachelor's (Preferred)

Experience:

- Chartered Accountant: 10 years (Preferred)
- Manufacturing: 10 years (Preferred)
- Financial Accounting & Reporting: 10 years (Preferred)
- Payroll Accounting: 10 years (Preferred)
- Working Capital & Treasury Management: 10 years (Preferred)
- Factory Accounting: 10 years (Required)

Language:

- English (Preferred)

License/Certification:

- Chartered Accountant (Required)

Location:

- Karnataka (Preferred)

Work Location: In person

📌 General Manager - Accounts And Taxation (Karnataka)
🏢 Seamus Management Services
📍 Karnataka

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