Company and Job overview
The company is located in Gurugram, looking for an Accounting and Finance manager.
Job Responsibilities
Financial Reporting & Analysis
Preparation of financial reports (e.g., profit and loss statements, balance sheets, and cash flow statements).
Analyse financial data to identify trends, variances, and discrepancies.
Prepare financial forecasts and budgets based on the company’s financial goals.
Ensure timely and accurate month-end and year-end financial reporting.
Tax Compliance
Ensure timely and accurate filing of all required tax returns (income tax, GST, TDS, corporate tax, etc.)
Monitor and implement changes in tax regulations and ensure compliance with new laws.
Coordinate with auditors, tax authorities, and regulatory bodies for audits, inspections, and other inquiries.
Maintain tax records and documentation for easy retrieval during audits.
Budget Management
Support the Finance Manager in preparing annual budgets and monthly budget reviews.
Monitor departmental spending to ensure adherence to approved budgets.
Identify areas for cost reduction and process improvement.
Accounts Payable & Receivable
Oversee the processing of invoices, payments, and reconciliations.
Manage relationships with vendors and customers, resolving any payment issues.
Ensure timely collection of receivables and payment of obligations.
Understanding and complying with the MSME Act
Audit & Compliance
Assist in the preparation for internal and external audits.
Ensure compliance with financial regulations, tax laws, and corporate governance.
Maintain up-to-date knowledge of relevant financial legislation.
Cash Flow Management
Monitor cash flow and ensure liquidity is maintained to meet company obligations.
Manage and optimize working capital, including overseeing cash management activities.
Financial Process Improvement
Recommend and implement improvements in financial processes and controls.
Assist in automating and streamlining financial operations for increased efficiency.
Team Leadership & Development
Supervise junior finance staff, providing guidance and training, as necessary.
Delegate tasks and ensure proper collaboration across the finance department.
Support employee development through feedback and performance management.
Strategic Support
Provide support in developing long-term financial strategies aligned with the company’s goals.
Participate in financial planning discussions and contribute to decision-making processes.