Chartered Accountant (Hubli)

Chartered Accountant (Hubli)

05 Nov
|
vrl logistics
|
Hubli

05 Nov

vrl logistics

Hubli

Role PurposeThe Chartered Accountant takes care of the complete finance function of VRL Logistics Ltd, working directly with the Directors. The role is accountable for the integrity of the books, on-time compliance and reporting, sound management of cash, funding and foreign exchange, and clear financial insight that supports business decisions across a listed, pan-India, hub-and-spoke logistics operation.

Key ResponsibilitiesFinancial Leadership

- Act as principal finance adviser to the Top Management on profitability, cash flow, capital allocation, funding, tax and financial risk.
- Evaluate capex, fleet, lease and expansion proposals, and prepare Board and Audit Committee papers.

Accounting and Closure of Books
- Own end-to-end accounting across head office and branches, and run a disciplined monthly, quarterly and annual close.
- Ensure timely reconciliation of revenue, cash collections, receivables, agent and franchisee settlements, inter-branch balances and bank accounts.
- Control the accounting of major costs such as fuel, tyres and maintenance, and maintain the fleet and fixed asset register.

Financial Reporting
- Prepare financial statements and quarterly results under relevant compliance timelines, and provide the inputs and assurance needed by the company’s certifying officers.
- Work with the Company Secretary on financial disclosures, related party transactions and annual report content.

Audit Management
- Participate in management’s coordination of statutory, tax, internal, GST and other audits, including plans, schedules and technical matters.
- Track audit observations to verified closure, and report status to the Top Management and, as required, the Audit Committee.

Taxation and Filing of Returns




- Own direct tax and GST compliance across all registrations, including advance tax, TDS/TCS, income-tax and GST returns, tax audit and reconciliations.
- Ensure timely filing of all finance-related returns and statutory forms under a maintained compliance calendar.
- Manage assessments, notices, appeals and tax litigation with advisers, and maintain a register of tax exposures.

Forex Transaction Management
- Manage all foreign currency transactions, including import payments, advance remittances and foreign vendor payments.
- Ensure compliance with FEMA, RBI and authorised dealer bank requirements, including documentation, IDPMS closure, applicable returns and withholding tax on foreign payments.
- Monitor currency exposures, recommend hedging under an approved policy, and negotiate competitive rates and bank charges.

Treasury and Funding
- Manage daily liquidity and rolling cash flow forecasts, collections and vendor payment discipline, including MSME timelines.
- Lead relationships with banks, NBFCs and rating agencies, negotiate funding, and ensure covenant compliance and on-time debt servicing.

Financial Management and MIS
- Manage the annual budget and rolling forecasts, and track performance with business heads.
- Deliver decision-ready MIS on revenue, margins and costs by region, branch, route and vehicle,



including cost per kilometre and network profitability.

Internal Controls and Systems
- Maintain the internal financial controls framework, strengthen branch controls over cash and vouchers, and investigate irregularities promptly.
- Maintain a finance risk register, and drive automation and data quality in ERP and in-house systems with the IT team.

Team Leadership
- Develop and manage a small core finance team, provide functional guidance to branch and regional accounting staff, and build succession cover for critical activities.

Candidate Profile
- Essential: Qualified Chartered Accountant with 15+ years of experience after qualification; experience before qualification, including articleship, is not counted.

- Essential: Proficiency in both English and Kannada, and willingness to be based in Hubballi and travel as needed.
- Essential: At least 5 years in a senior finance role with end-to-end responsibility for accounts, audit, tax and treasury, with a record of on-time closure in a multi-location organization.
- Essential: Solid knowledge of Ind AS, the Companies Act, 2013, income-tax law, GST and FEMA, with direct experience of forex transactions and authorized dealer banks.
- Preferred: Experience in logistics or another asset-heavy, multi-branch business, and in working directly with promoter-directors.
- Competencies: Integrity and independent judgement, hands-on ownership, business orientation, execution discipline, clear communication and people leadership.

Mandatory Requirement
- The incumbant will be required to stay in Hubballi on a long term basis.
- Candidates freshly qualified will not be considered.

📌 Chartered Accountant (Hubli)
🏢 vrl logistics
📍 Hubli

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