Job Description
Senior Accountant
Candidates wishing to apply for this position with KBC must be a Chartered Accountant.
Main Aspects of Job:
• Has primary responsibility for the financial data for the KBC Indian entity and ensuring its completeness and accuracy for monthly reporting
• Will be responsible for all tax related matters for KBC India and for permanent establishments created in India by other KBC group companies
• Will ensure compliance with all statutory tax and audit requirements for KBC India
• To provide taxation advice specific to India to the wider KBC Group
Main Roles and Responsibilities:
Audit Related and Internal Control
• Manage the year end audit process, liaising with auditors in respect of the audit of the company financial statements
• Assist in the preparation of the company financial statements
• Assist in creating and maintaining formal documentation of procedures and processes and ensure compliance with Group processes
• Ensure compliance with FEMA
Taxation
• Ensure that all statutory corporate and GST tax requirements are complied with on a timely basis including Corporate tax computations, Advance Tax Payments, GST returns, TDS filings, Transfer Pricing reports for KBC India and for Permanent Establishments created by other KBC group companies
• Maintain up to date knowledge of changes in local tax laws. Advise UK management of changes in tax laws relating to corporate tax, GST and TDS
• Provide strategic input related to tax matters which may impact decision making within the wider KBC group
• Develop and maintain relationships with local tax advisors and tax auditors
Other responsibilities
• Responsible for one direct report in the Mumbai office. Supervise and provide necessary guidance on all local accounting related matters
• Direct contact for local advisors including the bank, statutory auditors and tax advisors
• Review journal postings made by the Accountant for purchase invoices and expense items
• Review of month-end balance sheet reconciliations including bank reconciliations, prepayments and accruals
• Review and approve payment requests
• Provide monthly cash flow forecasts to Head Office
• Assist with the procurement of bank guarantees as and when required.
• Provide support to the sales team for financial data required when preparing bid documents
• Assist in providing analysis and input in the annual budget process
• Assist in ad-hoc tasks and projects, which typically have a commercial focus and exposure to senior management
• Other duties as delegated by Group Tax Assistant Manager and/or Group Financial Controller
Position Requirements:
Must be a qualified Chartered Accountant and have -
• Experience with Indian tax requirements
• Experience in preparing tax computation of the home company as well as foreign companies
• Experience in reading/interpreting tax treaties
• Be an expert Excel user
• SUN systems experience would be desirable
• Good organisational skills and ability to meet deadlines
• Excellent communication and interpersonal skills (excellent English skills, both written and oral) and the ability to deal with colleagues and clients professionally
• Excellent analytical skills
• Self-motivation, have a pro-active approach and ability to think independently
• Able to display a high level of professionalism towards colleagues and as an ambassador of the company
KBC wants a Diverse, Equitable and Inclusive culture.
KBC will build an organization that values differences and enables everyone to belong, contribute, succeed, and demonstrate their full potential.
KBC will actively recruit, develop, and promote people from a variety of backgrounds who differ in terms of experience, knowledge, thinking styles, perspective, cultural background, or socioeconomic status. We will not discriminate based on race, skin colour, age, sex, gender identity and expression, nationality, ethnicity, place of origin, disability, family relations or any other circumstances against any person associated with the Group.
KBC believes engaging communication and constructive collaboration based on mutual respect facilitates innovation and the co-creation of new value for our customers, partners, suppliers, and in so doing, improves our planet.
Note - We do not collect more information than we need to fulfil our stated purposes and will not keep it longer than necessary. The information we ask for is used to assess your suitability for employment. You don't have to provide what we ask for but it may affect your application if you don't
Candidates wishing to apply for this position with KBC must be a Chartered Accountant.
Main Aspects of Job:
• Has primary responsibility for the financial data for the KBC Indian entity and ensuring its completeness and accuracy for monthly reporting
• Will be responsible for all tax related matters for KBC India and for permanent establishments created in India by other KBC group companies
• Will ensure compliance with all statutory tax and audit requirements for KBC India
• To provide taxation advice specific to India to the wider KBC Group
Main Roles and Responsibilities:
Audit Related and Internal Control
• Manage the year end audit process, liaising with auditors in respect of the audit of the company financial statements
• Assist in the preparation of the company financial statements
• Assist in creating and maintaining formal documentation of procedures and processes and ensure compliance with Group processes
• Ensure compliance with FEMA
Taxation
• Ensure that all statutory corporate and GST tax requirements are complied with on a timely basis including Corporate tax computations, Advance Tax Payments, GST returns, TDS filings, Transfer Pricing reports for KBC India and for Permanent Establishments created by other KBC group companies
• Maintain up to date knowledge of changes in local tax laws. Advise UK management of changes in tax laws relating to corporate tax, GST and TDS
• Provide strategic input related to tax matters which may impact decision making within the wider KBC group
• Develop and maintain relationships with local tax advisors and tax auditors
Other responsibilities
• Responsible for one direct report in the Mumbai office. Supervise and provide necessary guidance on all local accounting related matters
• Direct contact for local advisors including the bank, statutory auditors and tax advisors
• Review journal postings made by the Accountant for purchase invoices and expense items
• Review of month-end balance sheet reconciliations including bank reconciliations, prepayments and accruals
• Review and approve payment requests
• Provide monthly cash flow forecasts to Head Office
• Assist with the procurement of bank guarantees as and when required.
• Provide support to the sales team for financial data required when preparing bid documents
• Assist in providing analysis and input in the annual budget process
• Assist in ad-hoc tasks and projects, which typically have a commercial focus and exposure to senior management
• Other duties as delegated by Group Tax Assistant Manager and/or Group Financial Controller
Position Requirements:
Must be a qualified Chartered Accountant and have -
• Experience with Indian tax requirements
• Experience in preparing tax computation of the home company as well as foreign companies
• Experience in reading/interpreting tax treaties
• Be an expert Excel user
• SUN systems experience would be desirable
• Good organisational skills and ability to meet deadlines
• Excellent communication and interpersonal skills (excellent English skills, both written and oral) and the ability to deal with colleagues and clients professionally
• Excellent analytical skills
• Self-motivation, have a pro-active approach and ability to think independently
• Able to display a high level of professionalism towards colleagues and as an ambassador of the company
KBC wants a Diverse, Equitable and Inclusive culture.
KBC will build an organization that values differences and enables everyone to belong, contribute, succeed, and demonstrate their full potential.
KBC will actively recruit, develop, and promote people from a variety of backgrounds who differ in terms of experience, knowledge, thinking styles, perspective, cultural background, or socioeconomic status. We will not discriminate based on race, skin colour, age, sex, gender identity and expression, nationality, ethnicity, place of origin, disability, family relations or any other circumstances against any person associated with the Group.
KBC believes engaging communication and constructive collaboration based on mutual respect facilitates innovation and the co-creation of new value for our customers, partners, suppliers, and in so doing, improves our planet.
Note - We do not collect more information than we need to fulfil our stated purposes and will not keep it longer than necessary. The information we ask for is used to assess your suitability for employment. You don't have to provide what we ask for but it may affect your application if you don't
💡 Quick Summary
Seeking a career-building opportunity? The Senior Accountant 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.
