12 Oct
|
Nithya Amirtham Indian Food
|
Chennai
12 Oct
Nithya Amirtham Indian Food
Chennai
Objective
Finance responsibilities include creating forecasting models, assessing risk in investments and ensuring all accounting activities comply with regulations. To be successful in this role, you should have experience crafting financial strategies and managing accounting teams.
Ultimately, you will maintain our companys financial health and increase profitability in the long run.
Core Accounting & Tally Operations:
- Maintain day-to-day accounting, including purchase entries, sales entries (corporate & retail), and expense recording.
- Ensure correct mapping of all transactions to relevant cost centers.
- Finalize monthly and annual accounts and prepare financial statements in accordance with standards.
Cost Centre Accounting & Division-Wise Profitability:
- Assign all income and expenses to relevant cost centers across different business divisions.
- Monitor, analyse, and report division-wise profitability (e.g., Retail Stores, Corporate Sales, Franchising, International, Projects).
- Prepare margin reports, trend analysis, and suggest cost optimization opportunities.
- Maintain structured cost centre hierarchies in Tally or ERP system.
Statutory Payments & Compliance:
- Ensure accurate and timely payment and filing of:
- GST returns (GSTR-1, GSTR-3B, Annual Return)
- TDS deduction, payment, and quarterly returns
- Income Tax (advance tax, computation, filings)
- PF & ESI compliance and payment
- Skilled Tax, LWF, and other statutory dues
- Coordinate with auditors for tax and statutory audits.
- Review monthly payroll processing for accuracy, including salaries, bonuses, and deductions.
- Ensure correct computation and timely deduction of TDS on salaries as per applicable income tax laws.
- Coordinate with the HR and payroll processing team to validate employee-wise TDS, PF, ESI, and other statutory deductions.
- Review payroll-related journal entries and ensure proper accounting in Tally or ERP.
- Assist in issuing Form 16 to employees and ensuring quarterly and annual payroll compliance (including TDS returns - Form 24Q).
Budgeting and Forecasting (P&L;):
- Lead the preparation of annual budgets, quarterly forecasts, and periodic reforecasts for revenue, expenses, and profitability.
- Develop and monitor Profit & Loss (P&L;) statements, analyzing variances between actuals and budgeted figures.
- Work closely with department heads to gather inputs and validate assumptions for forecasts.
- Provide financial insights and scenario analysis to support strategic decision-making. Ensure alignment of budgets and forecasts with business objectives and financial targets
Present summarized P&L; forecasts and trends to management with actionable recommendations
📌 Finance Manager (Chennai)
🏢 Nithya Amirtham Indian Food
📍 Chennai