06 Aug
|
MEL SYSTEMS AND SERVICES
|
Chennai
06 Aug
MEL SYSTEMS AND SERVICES
Chennai
Position Title: Finance Manager (Chartered Accountant)
Location
Chennai, India (Headquarters) with oversight of multiple branch offices across India
Reporting To: Managing Director
Company Overview
We are an Engineering and Technology company headquartered in Chennai with diversified operations across:
- Product distribution
- Manufacturing
- Software services
The company has multiple branches across India and is actively engaged in domestic and international trade, including significant import and export transactions.
Position Summary
- The Finance Manager will be responsible for end-to-end financial management of the organization, including accounting, financial planning, statutory and regulatory compliances, taxation, audits, and support to management in strategic and operational decision-making. The role requires a qualified Chartered Accountant with robust hands-on experience in multi-entity, multi-location operations and exposure to manufacturing, services, and international trade.
Key Responsibilities
1. Financial Accounting & Reporting
- Oversee and manage complete books of accounts for the company and its branches.
- Ensure accurate and timely monthly, quarterly, and annual financial statements.
- Consolidation of accounts across multiple business verticals and locations.
- Maintain robust internal controls and accounting processes.
- Monitor cost structures, margins, and profitability across business lines.
2. Statutory, Regulatory & Tax Compliance
- Ensure compliance with all statutory requirements, including:
- Income Tax Act
- GST (including multi-state registrations)
- Companies Act, 2013
- FEMA regulations (imports, exports, foreign remittances)
- Customs
- Timely filing of GST returns, income tax returns, TDS/TCS, ROC filings, and other statutory returns.
- Liaison with statutory authorities, auditors,
tax consultants, banks, and regulatory bodies.
3. Audit & Risk Management
- Coordinate and manage statutory audits, tax audits, internal audits, and cost audits (if applicable).
- Address audit observations and implement corrective actions.
- Identify financial, compliance, and operational risks and recommend mitigation measures.
4. Treasury, Banking & Cash Flow Management
- Manage cash flows, working capital, and fund utilization.
- Handle banking relationships, including credit facilities, LC/BG, packing credit, and export finance.
- Oversee forex transactions, hedging strategies, and exchange risk management.
- Ensure timely collections, vendor payments, and reconciliation of accounts.
5. Budgeting, Forecasting & MIS
• Prepare budgets, periodic forecasts, and variance analysis.
• Develop and present MIS reports to the MD and senior management.
• Provide actionable insights on financial performance, cost optimization, and growth opportunities. Prepare budgets, periodic forecasts, and variance analysis.
6. ImportExport & International Trade Finance
• Manage accounting and compliance related to imports and exports.
• Ensure proper documentation for customs, DGFT, and FEMA compliance.
• Coordinate with logistics partners, CHA, banks, and export incentive authorities.
• Track export incentives, duty drawbacks, and related claims.
7. Business Support & Strategic Advisory
• Partner with business heads to support pricing, contracts, and commercial negotiations.
• Evaluate financial viability of new projects, investments, and expansions.
• Support mergers, acquisitions, joint ventures, or strategic alliances if required.
• Assist in system improvements, ERP implementation, and process automation.
Compensation
Compensation will be commensurate with qualifications, experience, and demonstrated capability.
📌 Finance Manager (Chennai)
🏢 MEL SYSTEMS AND SERVICES
📍 Chennai