AGM|Finance Account|Banking

Job description
:
Education: CA/ICWA(Qualified)

Experience: 12 to 15 Yrs

CTC:

25 LPA This position is responsible to lead the Finance & Accounts for Mumbai Office, corporate-bank relationships for corporate, taxation and related taxation matters and legal, coordination with auditors in coordination with Corporate Office.
• The essential duties and responsibilities include the following. Finance & Accounts
• Financial Planning & Management of the group.
• Fund Management & Budgeting
• Project Evaluation
• Management of Accounts & Costing
• Banking operations and coordination with financial institutions and Banks
• Management audit and risk management
• Managing corporate affairs, interaction and interface with senior group company executives for driving the overall business/financial goals
• Finalization of statements of accounts complying with accounting standards
• Attending statutory auditors and internal auditors
• Optimization of funds utilization, accounting & monitoring of projects/ capital
• assets
• Tax planning and management of direct and indirect taxes
• Working capital management
• To prepare annual financial statements in accordance with international accounting and auditing standards.
• To maintain and develop accounting financial systems and internal controls to ensure compliance with accounting standards, tax and regulatory requirements.
• To ensure that recommendations by Auditor General's Office or external auditors through the audit Management Letter are implemented effectively

Banking relationship:
• Responsible for creating an adequate and effective representation of the organization to Banks for Tie-up / Utilization of Credit Limits and handling banking documentation for short term and long term borrowings for Intas and its subsidiaries.
• Working knowledge for Consortium related documentation, compliances and relationship management
• Business projections and related CMA preparations

Credit Ratings:
• Ensuring submission of relevant information to credit rating agency
• Coordinating with internal teams for compilation of required information including location visits Fund raising:
• Negotiate judicious mix of funding sources to address short term funding requirements for Intas and its subsidiaries.
• Receivables Factoring for company and overseas Subsidiaries
• ECB raising and compliances related to servicing of the same till final repayment

Forex:
• Working knowledge of Forex exposure hedging
• Working knowledge for FEMA/RBI compliances for outward remittances Import and FC remittances.
• Working knowledge of FEMA related reporting to banks

Cashflow Management:
• Management of Working Capital to minimize Interest Costs
• Identification of investment avenues and deployment of surplus funds on regular basis to generate optimum return aligned to management approvals

MIS:
• Daily, monthly and annual Cash flow Preparation and Forecasting
• Annual, Quarterly and monthly - Fund planning and budgeting
• Preparation of Stock and Receivables Statement and handling Stock and Receivables Audit.
• Preparation and submission of treasury reports on borrowings and other treasury related functions for senior management and board
• Sharing treasury related information in due diligence process
Sharing information with banks for new credit limits and renewal of existing limits Operations :
• Coordination for Global Account opening and Online Bank right allocation.
• Coordination for Corporate Credit Card Program.
• Ensuring Foreign Outward Remittances (A1 (Import) and A2 (Service) Transactions including ODI remittances)
• Managing Non fund based transactions i.e. Letter of Credit (LC), Bank Guarantee (BG) and Standby Letter of credit (SBLC)
• Accounting and handling audit of Treasury Transactions related to borrowings and NFB transactions.
• Any other work assigned to you on time to time basis.