Finance Manager - Mumbai, India - Hasmukh Shah & Co. LLP
Description
Hasmukh Shah & Co. LLP (HSCo) is a distinguished multi-disciplinary professional service firm with over 37 years of expertise in India.With a dynamic team of over 70 professionals, including 8 Partners, we have established our presence across key cities such as Mumbai, Delhi, Bangalore, Pune, and Hyderabad.
Our extensive clientele of over 1,000 includes 60 international clients spanning across 15 countries, encompassing the USA and various European nations.
At HSCo, we specialize in providing comprehensive back-office solutions encompassing accounts, tax, and finance functions, alongside offering advisory services concerning direct and indirect tax laws, exchange regulations, and corporate laws.
Position Overview:
We are looking out for a Manager level candidate who should be a fresher CA or a Inter CA with 4-5 year experience.
He will be leading a few Accounting & outsourcing assignments in our firm under supervision of the Partner.Key Responsibilities:
General:1.
Train colleagues and subordinates in specific areas of work.2.
Review individual performances of his juniors and take corrective steps by way of motivating and bringing resources up to speed.3.
Regular interaction through emails, telephonic calls or personal meetings with clients, their employees, their vendors, their bankers, their consultants and auditors.4.
Maintaining Data Backup, confidentiality and Security
Accounting:6.
Verify the work carried out by Junior in the areas of accounting and financial statements, including entries in software packages.
Assisting in accounting for periodic accruals – quarterly / six monthly / annual8.
Advising on any accounting entries or issues to his Junior9.
Review of monthly closing of books for MIS Reporting and taking care to see adequate provisions have been made.10.
Close books at year end, taking care to see adequate provisions have been made.11.
After the year end and all the compliances are met (i.e. after audit and tax filings), ensure safe keeping of accounting records, documents, vouchers, files, etc.
Reconciliations:12.
Advising and ensuring all applicable reconciliations are timely carried out by his Junior which would include items like Cash, Bank, Stock, Inter-company, Asset, Vendor (Party) Account, etc.
Maintaining confidential information like password, token, etc. provided by bankers for online banking for checking bank statements, preparation of NEFT / RTGS facilities.14.
Ensuring client policies are met and requisite approvals are received before making any disbursements15.
Ensuring sufficient treasury position and bank balance is maintained and timely informing client on cash flow position and sending forecasts.16.
Review of foreign remittances (A1 and A2) documents prepared by Junior
MIS Reporting:18.
Prepare periodic reports on monthly, quarterly, half yearly and annual basis as per client requirements (with assistance of Junior, if required)19.
Timely submission of MIS Reporting
Statutory Compliances:21.
Verifying summary / statement prepared by Junior and authorizing monthly payment of tax liability under applicable laws (like IT, TDS, PF, GST, PT, etc)22.
Verifying TDS certificates and CA certificates for foreign remittances24.
Verifying details and submissions prepared for assessments / department enquiry, replying to notices, etc.25.
Represent before assessing authorities for expeditious and timely completion of assessments.
Audit:26.
Preparation of audit documents including notes to accounts, directors' reports, etc.27.
Co-ordination for audit requirements including finalising procedures for audit28.
Preparing details of tax audits, transfer pricing audits29.
Conduct internal audits, as required
Corporate Law and
Secretarial Matters:30.
Drafting or Co-ordinating with lawyers / colleague for resolutions, minutes of meetings, filing of forms, etc.
Competencies
1.
Attention to detail and accuracy2.
Planning and organising3.
Strong Communication skills (phone and emails)4.
Ability to function as a team player5.
Keen desire to lead teams6.
Ownership of issues7.
Stress tolerance8.
Supervisory skills9.
Timely delivery