Direct Tax Associate - Mumbai, India - AJ Solution Recruitment

    AJ Solution Recruitment
    AJ Solution Recruitment Mumbai, India

    2 weeks ago

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    Description

    The Private limited Company is looking out for Qualified CA and NON CA with relevant Exposure as per Job Description below to Lead Accounts& Finance Function in the company.

    MIS & Internal Management Reporting

    · Monthly Closure of books of Accounts & present Profit & Loss account to the Management.

    · Review and wherever required prepare & update various reports as per business requirement (related to sales, purchase, AR, AP, GST, TDS & other customized reports)

    Income Tax obligations & Annual Books of Accounts Closure:

    · Responsible for annual finalization of books of Accounts, and getting them audited & IT Returns filed, discharge of Corporate Taxes before due dates.

    · Responsible for accurate & timely Discharge of Personal Income Tax Obligations of KMP's.

    · Analyse Assessment Notices and deposit the dues/reply submissions if required in co-ordination with Income Tax Consultants.

    Banking & Finance:

    · Ensure effective fund management with the motive of revenue generation from surplus funds

    · Arranging sources of Funds from Working Capital Limits like Pre shipment EPC/ Lease Financing for Machineries/ Term Loans/Car Loans/ Non Fund based limits like guarantees, LC's with Public Sector Bank/Private Banks/ Non-Banking Financial Institutions.

    · Preparation of CMA data & submission of all relevant and required compulsory documentation for financial proposals.

    · Negotiate with the bank to get the best exchange rate for international transactions

    AR & AP Management

    · Verification of regular Purchases, Opex & Capex Invoices from cost areas & statutory compliance angle in terms of GST/TDS. Suggesting for areas of Cost Reductions & sourcing alternate vendors as and where required.

    · End-to-End knowledge of the Accounts Payable Process i.e., Vendor Maintenance, Invoice processing, Payment verification, overdue invoices with proper statutory deductions. Ensuring the accuracy of payment transactions.

    · Ensure timely and accurate Invoicing to Customers and collection accounting with proper statutory compliance & follow ups /reminders.

    · Handle escalations with Customers and Vendors as and when required.

    Statutory Compliances:

    · Ensure accurate & timely payments & periodic returns are filed Return filings for various statutory payments like GST, TDS, Labour related dues.

    · End to End Data preparation for Annual Returns of GST, Quarterly Return of Job Work.

    · Compiling the requirements for Assessment / Audit and resolving the pending issues / cases with the co-ordination with consultants.

    Export/ Import:

    · Take Decisions for Export of Goods under LUT/ Non LUT as per availability of GST credit.

    · Being watchful on realization of Govt Incentives like RODTEP License generation and sale, Duty Drawback.

    · Ensure timely closing of export (EDPMS) and import (IDPMS) transactions with banks.

    Team Management & Interpersonal Skills

    · Hand holding to team and act as a mentor.

    · Co-ordination with Internal stakeholders/departmental heads in the organization/ Factory

    · Effective co-ordination with external agencies / consultants like Statutory auditors, GST Auditors, Labour Consultants, DGFT Consultants, Banks and Financial Institutions, with Vendors and Customers as and when required.

    · Resolving user issues related to GST and TDS at various stages.

    / Factory

    · Effective co-ordination with external agencies / consultants like Statutory auditors, GST Auditors, Labour Consultants, DGFT Consultants, Banks and Financial Institutions, with Vendors and Customers as and when required.

    · Resolving user issues related to GST and TDS at various stages.