Job Description
JD Attached in mail / Not on RIL payroll (While sharing JD to candidate don’t mention RIL into JD) / Edu - CA with 1,2 and 3 only. Job Location - Narimon Point
GRADE ; G
Purpose of Job
Responsible for
1) Heading the Treasury Accounts group
2) Efficient accounting for all Treasury products across funding (loans, bonds etc) and financial market products (FX, derivatives, investments) in compliance with policy and regulations (including tax)
Outcomes
1) To ensure timely and accurate payments for all cashflows
2) To ensure that all payments are in compliance with RBI guidelines, direct tax laws, indirect tax laws, companies act and board approvals
3) To ensure that loan utilization is in compliance with RBI stipulations
4) To ensure timeliness and accuracy in accounts closing and balance sheet schedules
5) To prepare Information Memorandum for debt issuances
6) To help achieve tax efficiency for investment products
7) To plan debt structuring in coordination with Cash Management team in order to maximise off balance sheet debt
8) To ensure appropriate documents are in place in order to avail indirect tax credit
+) Respond to audit queries and close audit inputs for pertinent areas
10) To build and lead a motivated team
Activities required for achieving desired Outcomes
(Requirement Profile)
1) Loan Servicing – Long term & Short-term borrowings
2) Tax compliance
3) Group Company transactions and reconciliation
4) Bank reconciliation
5) Dividend payout / Share buyback process
6) FX, Investment & Derivative accounting & payment
7) Monthly accounts closing process, monthly accruals and preparation of schedules and registers
8) To ensure growth as well as grooming of subordinates through frequent interactions / team building exercises like team meets, conducting / organizing training
Measures to evaluate performance against outcomes/ Activities
1) Number of delays / exceptions in Treasury payments
2) Number of instances of non-compliance, errors and missed deadlines in accounts closure
3) Number of cases pending service tax credit availment.
4) Number of ideas contributed towards achieving tax efficiency in investment product or off-balance sheet products for trade financing.
Interested candidates can share your CV's to [email protected]
💡 Quick Summary
Seeking a career-building opportunity? The Head of Accounting position is now open for candidates interested in the Accountant Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.
