04 Nov
|
EducoHire
|
India
Job Description – Deputy General Manager (Finance)
Location: Santacruz East, Mumbai, Maharashtra
Industry: Stainless Steel Fastener Manufacturing
Department: Finance
Designation: Deputy General Manager – Finance
Reporting To: Management
Employment Type: Full-Time
Total Experience Required: 12–15 Years
Relevant Experience: Minimum 4–5 years in a similar DGM / senior finance management role – Mandatory
CTC: Up to ₹20 LPA, depending on experience and suitability
Working Days: Monday to Saturday
Working Hours: 9:30 AM to 6:00 PM
Joining: As per requirement
Job Summary
We are looking for an experienced and result-oriented Deputy General Manager – Finance to oversee the organization’s financial operations, accounting, taxation, statutory compliance, financial planning, and reporting functions.
The candidate will be responsible for managing financial statement finalization, internal and statutory audits, direct and indirect taxation, GST compliance, cost audits, budgeting, MIS reporting, and financial advisory to management. The role requires a strong understanding of manufacturing finance, accounting standards, regulatory compliance, and financial controls.
Candidates with 12–15 years of total experience, including at least 4–5 years in a similar senior finance management position, are required.
Key Responsibilities
1. Financial Accounting & Finalization
- Oversee the finalization of accounts and preparation of financial statements.
- Ensure compliance with applicable accounting standards and financial reporting requirements.
- Manage annual closing entries, financial reporting, and reconciliation activities.
- Handle costing, cost audits, and other related financial activities.
- Ensure accuracy and integrity of financial records.
2. Audit & Statutory Compliance
- Coordinate with internal and statutory auditors and address audit-related queries.
- Manage ROC and other Ministry of Corporate Affairs (MCA) compliances.
- Ensure compliance with PT, PF, ESIC, LBT, and other applicable statutory regulations.
- Conduct GST audits and coordinate audit-related requirements.
- Ensure compliance with applicable Corporate Social Responsibility (CSR) requirements.
3. Taxation & Tax Planning
- Oversee TDS and TCS calculations, returns, and payments.
- Handle income tax scrutiny, assessments, and related proceedings.
- Assess tax liabilities and guide management on tax payments.
- Coordinate tax audits, audit reports, and financial reporting as per Schedule III.
- Identify tax-saving opportunities and optimize eligible deductions.
- Manage direct and indirect tax planning and compliance.
4. GST Compliance & Management
- Manage monthly, quarterly, and annual GST returns.
- Ensure GST reconciliations and Reverse Charge Mechanism (RCM) compliance.
- Oversee timely GST payments and related compliance requirements.
- Monitor changes in GST regulations and ensure appropriate implementation.
5. Advance Tax Management
- Calculate quarterly advance tax liabilities based on estimated annual income.
- Ensure timely advance tax payments to avoid interest and penalties.
- Monitor and manage interest liabilities arising from short payment or non-payment of advance tax.
6. Financial Planning, Budgeting & Reporting
- Prepare and manage budgets, financial forecasts, and financial plans.
- Handle CMA data, QMR, and HMR submissions.
- Prepare, analyze, and monitor MIS reports.
- Submit monthly stock and debtor statements to banks.
- Provide financial analysis and insights to management for business decision-making.
7. Investment & Financial Advisory
- Conduct investment research and provide investment-related advice.
- Guide management on financial planning and tax-saving opportunities.
- Support management in financial decision-making and identifying cost optimization opportunities.
Mandatory Qualifications
- B / M.
- Chartered Accountant (CA) or Inter CA.
Mandatory Experience
- 12–15 years of total qualified experience in Finance & Accounts.
- Minimum 4–5 years of experience in a similar DGM / senior finance management role is mandatory.
- Experience in a manufacturing industry is strongly preferred.
- Candidates should have hands-on experience in financial finalization, taxation, statutory compliance, audits, costing, budgeting, and MIS reporting.
Required Skills & Competencies
- Strong knowledge of Income Tax, GST, Advance Tax, Costing, Auditing, and financial compliances.
- Expertise in accounting principles, financial reporting, and account finalization.
- Strong knowledge of direct and indirect taxation, including TDS and TCS.
- Knowledge of ROC, MCA, and other statutory compliance requirements.
- Understanding of audit procedures, tax audits, and accounting standards.
- Proficiency in budgeting, financial planning, costing, and cost audits.
- Ability to prepare and analyze MIS reports, CMA data, QMR, and HMR submissions.
- Strong financial analysis, tax planning, and reconciliation skills.
- Knowledge of advance tax calculations and statutory payment requirements.
- Strong analytical, problem-solving, and decision-making abilities.
- Effective communication and coordination skills with auditors, banks, and management.
Candidate Profile
The ideal candidate should be a mature and dependable finance professional with the ability to independently manage the finance and accounts function. The candidate should possess strong leadership skills, sound financial judgment, a hands-on approach, and the ability to ensure timely and accurate financial reporting and statutory compliance.
Experience in a manufacturing setup, particularly in stainless steel, engineering, or industrial manufacturing, will be an added advantage.
To Apply
Interested candidates may send their updated CV to with the subject line “Application for DGM Finance – Santacruz East, Mumbai”.
For Queries, Contact: (phone hidden)
📌 Deputy General Manager (Finance) Required at Santacruz East Mumbai (India)
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