Direct Tax Associate - Mumbai, India - AJ Solution Recruitment
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.