CA- Accounts and Manager- 12lpa- Borivali Jewellery Brand

Requirements

Position Summary:

This position oversees financial operations ensuring accuracy in accounting records adherence to budgetary

guidelines and compliance with regulatory requirements. Role needs strong financial acumen attention to detail

leadership skills and proficiency in financial software.

Job Description:

1. To manage daytoday accounting operations:

Verifying expense booking and payments in ERP & banking portal.

Updating any changes to various masters in ERP system like banking master GL Codes etc.

Resolving all queries relating to expense accounting GST Accounting or accounting in general.

Review of various account balance ledger scrutiny accounting & MIS Reports for accurate and compliant financial

reporting

2. Monthly books closure and compiling monthly P&L statement for management review:

To ensure all the monthly expenses are booked accurately including provisional prepaid expenses OPEX & CAPEX

To ensure all accounting parameters like cost centrs location etc are captured correctly to give accurate

Accounting & MIS Reports

3. Assisting CFO to track budgets and actual spends:

Capturing department wise expenses for various department across organisation

Tracking location specific expenses of various departments

Following up with various department heads for timely submission of bills for timely expense booking

Drawing department wise spends report

PO Tracking with actual bookings and tracking open purchase orders

4. To handle various audits and implement audit observations:

Discussing with management about audit observations & recommendations

Setting priority for recommendations for upcoming quarters for implementation

Setting processes and designing process to match with audit recommendations

5. To liaise with tax consultants auditors & company secretary:

Setting periodical review with internal auditor for smooth books closing at year end

Taking updates from tax consultants and company secretary for changes in tax laws & regulations to gain

understanding of its applicability to the organisation

Implementing changes in regulations by rolling out new process / updating existing process to ensure timely

compliance

Sharing data with tax consultants for Salary TDS and getting form 16 issued for salaried employees

Identify the consultants / vendors and provide quotations to the management for further discussions

Manage the contract agreement and the renewal process

6. Finalisation of Accounts as per accounting standards; manage external & tax audits:

Preparing various schedule and note to accounts as per accounting standards and guidelines and companies act

Preparing various schedules and annexures for tax audits & Income Tax Return filing of the company

7. To drive initiatives for process & internal control improvisation:

Identifying process gaps or scope for process improvisation

Implementing necessary changes to make process user friendly and efficient

8. Configuring FA Module of ERP system and handling daytoday system queries:

Understanding workflow in new ERP system and suggesting requirements to ERP Team to have smooth and

efficient accounting flow keeping in view regulatory framework as applicable

Correcting user mistakes resulting in incorrect financial reporting in ERP system

9. Compiling details for various stakeholders:

Review of monthly stock statement for bankers details required for annual credit facility renewal

Compiling details as required for tax assessments

Preparing reports and data as per management requirement

10. Team Handling Team Training & Grooming:

Training new team members for existing accounting process and doing work more efficiently & error free manner

Grooming team as per organisation values

Motivating & delegating Jr. Team members to take additional responsivities to manage workload in efficient

manner & keep team engaged in respective job areas

Position Summary: This position oversees financial operations, ensuring accuracy in accounting records, adherence to budgetary guidelines and compliance with regulatory requirements. Role needs strong financial acumen, attention to detail, leadership skills and proficiency in financial software. Job Description: 1. To manage day-to-day accounting operations: Verifying expense booking and payments in ERP & banking portal. Updating any changes to various masters in ERP system like banking master, GL Codes etc. Resolving all queries relating to expense accounting, GST Accounting, or accounting in general. Review of various account balance, ledger scrutiny, accounting & MIS Reports for accurate and compliant financial reporting 2. Monthly books closure and compiling monthly P&L statement for management review: To ensure all the monthly expenses are booked accurately including provisional, prepaid expenses, OPEX & CAPEX To ensure all accounting parameters like cost centrs, location etc are captured correctly to give accurate Accounting & MIS Reports 3. Assisting CFO to track budgets and actual spends: Capturing department wise expenses for various department across organisation Tracking location specific expenses of various departments Following up with various department heads for timely submission of bills for timely expense booking Drawing department wise spends report PO Tracking with actual bookings and tracking open purchase orders 4. To handle various audits and implement audit observations: Discussing with management about audit observations & recommendations Setting priority for recommendations for upcoming quarters for implementation Setting processes and designing process to match with audit recommendations 5. To liaise with tax consultants, auditors & company secretary: Setting periodical review with internal auditor for smooth books closing at year end Taking updates from tax consultants and company secretary for changes in tax laws & regulations to gain understanding of its applicability to the organisation Implementing changes in regulations by rolling out new process / updating existing process to ensure timely compliance Sharing data with tax consultants for Salary TDS and getting form 16 issued for salaried employees Identify the consultants / vendors and provide quotations to the management for further discussions Manage the contract agreement and the renewal process 6. Finalisation of Accounts as per accounting standards; manage external & tax audits: Preparing various schedule and note to accounts as per accounting standards and guidelines and companies act Preparing various schedules and annexures for tax audits & Income Tax Return filing of the company 7. To drive initiatives for process & internal control improvisation: Identifying process gaps or scope for process improvisation Implementing necessary changes to make process user friendly and efficient 8. Configuring FA Module of ERP system and handling day-to-day system queries: Understanding workflow in new ERP system and suggesting requirements to ERP Team to have smooth and efficient accounting flow keeping in view regulatory framework as applicable Correcting user mistakes resulting in incorrect financial reporting in ERP system 9. Compiling details for various stakeholders: Review of monthly stock statement for bankers, details required for annual credit facility renewal Compiling details as required for tax assessments Preparing reports and data as per management requirement 10. Team Handling, Team Training & Grooming: Training new team members for existing accounting process and doing work more efficiently & error free manner Grooming team as per organisation values Motivating & delegating Jr. Team members to take additional responsivities to manage workload in efficient manner & keep team engaged in respective job areas