The incumbent shall be responsible for all operational Finance & Accounts activities for companies/ project SPVs including accounts payable, statutory compliance, insurance and investment operations as well as maintaining books of accounts as per defined accounting norms.
Key Responsibilities
- Ensure compliance with set accounting and reporting standards as well as governance norms defined by the CFO to ensure transparency, timeliness and accuracy of accounting for respective projects/ SPVs.
- Ensure adherence to statutory compliances as well as proper and up-to-date documentation of all books of accounts, reports, lease and revenue contracts, etc. for respective projects.
- Responsible for finalization of accounts for respective projects by ensuring all necessary procedures are completed.
- Prepare the books of accounts for each SPV/ project including Trial Balance, Profit & Loss statement, Balance Sheet, Annexures to the Balance Sheet and Notes to Accounts.
- Responsible for timely processing of vendor/ contractor/ supplier/ architect bills for respective projects ensuring all functional procedures are adhered.
- Ensure adherence to the defined Audit Plan (for internal and external audits) for respective projects/ SPVs.
- Ensure that all audit findings are communicated to the Senior Management in line with the defined reporting norms.
- Ensure compliance with all findings/ recommendations from internal/ external audits.
- Ensure correct and timely bank and cash reconciliation including verification of bank charges and interests for respective projects.
- Ensure all statutory payments (TDS, VAT, Service Tax, PF, etc.) are made every month as per defined timelines.