Careers

Knowledge Required:

• Act as accounting key person of the company’s India office, ensuring effective financial management, statutory compliance, and implementation of policies.
• Ensure timely and accurate preparation, analysis, and reporting of financial information to stakeholders, supporting decision-making processes while adhering to statutory regulations and company standards.
• Serve as a point of contact for external and internal stakeholders, representing the company effectively.
• Oversee office administration to ensure smooth operations with handling accounting team.
• Financial accounting, reporting and analysis, prepare analyse, and report the monthly profit & loss statement and quarterly balance sheet, highlighting potential risks and challenges to the management.
• Develop and submit monthly group financial reports within the specified deadlines.
• Prepare cost sheets for projects, conduct budget vs. actual variance analysis, and provide actionable insights.
• Manage cost control initiatives by analysing purchase costs, overheads, and other operational expenses.
• Generate Monthly aging reports for receivables, payables, and inventory, and ensure proactive measures for timely payments to suppliers and collections from customers and review With credit control team.
• Statutory compliance and taxation, ensure compliance with statutory regulations, including Income Tax, VAT, Excise, Service Tax, GST and International taxation, transfer pricing.
• Coordinate with statutory auditors and tax authorities during audits and assessments, ensuring timely and accurate submission of required information.
• Monitor tax liability, ensure timely filing of returns and address tax-related inquiries from authorities.
• Keep updated with amendments to Indian accounting standards (Ind AS), commercial laws, and taxation policies, and ensure their implementation.
• Accounts payable and accounts receivable
• Oversee vendor payments and ensure adherence to payment terms while optimizing cash outflows.
• Ensure accurate and timely invoicing to customers, purchase booking, travelling expenses, utility, and services accounting.
• Maintain robust internal controls to prevent revenue leakages or payment delays.
• Mitigate financial risks by ensuring compliance with company policies, procedure, and external regulations.
• Import/Export operations coordinate and manage the shipment process for imports and exports, including customs clearance and freight forwarding .
• Prepare, review, and process import/export documentation, such as invoices, packing lists, bills of lading, certificates of origin, and customs declarations.
• Maintain up-to-date records of all import/export transactions and communicate updates to relevant departments.
• Record and reconcile financial transactions related to import/export activities, such as freight costs, duties, and taxes, exchange rates and bank deals.
• Assist in preparation of monthly and annual financial reports, including expense analysis for shipping and customs fees.
• Process accounts payable and receivable related to import/export activities.
• Knowledge of international trade regulations, customs procedures, and INCOTERMS.
• Proficiency in accounting principles and practices, especially related to inventory, freight and duty reconciliation.

Technical Knowledge:

• Proficiency in Indian accounting standards (Ind AS), GST, Income Tax, and other statutory regulations.
• Expertise in budgeting , MIS reporting, cost control, inventory management, and working capital management.
• Advanced skills in SAP, ERP systems and MS Office (Excel, Word, Power point).
• Interested candidate send your CV to hr@fristam.in