Senior Financial Accountant

Sr. Financial Accountant shall be responsible for all aspect of financial management, including corporate accounting, regulatory and financial reporting, budget preparation as well as compliance audits and monitor internal controls of the company.

Principal Duties and Responsibilities

Statutory
• Preparation & finalization of the statutory financial statements of the Company
• Handle various audits – External, Internal, Tax, Transfer Pricing, GST
• Discuss audit issues with statutory auditors and co-ordinate with internal teams for closure of same
• Preparation of annual tax computation & Income Tax Return with schedules
• Workings of quarterly/annual corporate advance tax provisions and deferred tax calculations
• Ensure adequate controls and segregation of duties are in place
• Ensure timely Statutory Compliance of GST, TDS, PT, PF, etc.
• Good knowledge on internal financial controls
• Work with relevant stakeholders to address any control weakness
• Work with Internal Audit to address findings highlighted and work towards resolution
• Reviewing, interpreting of various deeds, documents, and agreements of the company

Month-end close & Forecasts
• Monthly closing activities – provisions, depreciation, sales report and dashboard, inventory analysis
• Review journals and schedules prepared by the Finance team as needed
• Discuss and resolve issues with operations team and ensure books are closed on time
• Prepare monthly and quarterly variance analysis, and Balance Sheet Ratio Analysis
• Work closely with FP&A teams to provide inputs on actual vs budget when required
• Prepare cashflow forecasts & Fx Hegde reports for Global Treasury team

AR, AP & Accruals

· Work with team to maintain healthy aging of AR balances and Deposits Receivable

· Provide reports on revenue/profitability to Business Teams

· Work with stakeholders and Finance team on regular payment of vendors

· Review and approve payments prepared by accounts staff

· Review monthly accruals and ensure significant items are captured for accrual

Inventory & Cash Mngt
• Prepare and review Inventory Consumption Analysis for domestic & imported consumables
• Review inventory write offs with relevant stakeholders
• Coordinate yearly stock take with auditors and internal stakeholders
• Provide quarterly stock listing and stock movement report for E&O calculation
• Treasury Management, Bank Guarantees and Follow up with Bankers for Facility Renewals

Risk Review & System Implementation

· Analyses and mitigate key elements of the Company’s risk profiles and prepare action plan to minimize the risk and ensure the adequate insurance cover.

· Responsible for all matters pertaining to Direct Tax, Indirect Tax GST, Tax & TP Audits, and Insurance matters

· Work directly with Finance Controller – India, for reporting and compliance requirements

· Ensure India entities operate under an appropriate financial control environment in accordance with group policies and procedures.

· Ensure zero non-compliance.

· Plan and Assist in Effective ERP implementation

Qualification and experience:

· Qualified CA/CPA

· 4-5 years of relevant experience of which 2-3 years in a multinational company.

· Good experience in independently handling various audits & internal controls

· Thorough understanding of technical accounting issues

· A solid base of system skills and the ability to drive efficiencies through system changes and improvements.

· Proficient in English both written and spoken skills

· Expert in Microsoft Excel and Tally ERP

· Manufacturing Industry experience shall be preferred

Capabilities and behaviors:
• Lives and always displays the Genus ABS Values and behaviors in their day-to-day ways of working.

· Have a record of building strong relationships with peers and related stakeholders, with a proven ability to influence and lead change.

· People management skills, demonstrate ability to motivate and develop staff; hands on related work as well as managing team

· Ability to work independently

· Attention to detail

This position will have a direct line reporting to Finance Controller - India

His/Her ability to work with minimal guidance and work independently at times will be needed.

He/She will be given the opportunity to interact/coordinate and build relationships with various internal and external customers