Qualification - Chartered Accountant
Experience - 12 Years to 16 Years
Responsibilities
Taxation
- Manage tax audits and compliances.
- Provide inputs to tax consultants for Income tax return filings, assessments, appeals, etc.
- Provide inputs and division-wise profitability for Transfer Pricing audit.
- Prepare deferred tax working for quarterly audits.
- Track the changes in direct tax laws and regulations.
- Compliances of TDS payments, Returns including foreign remittances TDS.
- Working closely with tax auditor, consultants for the input requirements.
- Providing effective inputs on all direct tax related matters.
Banking
- Negotiate with banks, and financial institutions for new loans or working capital facility.
- Annual renewal of working capital facilities with banks on a timely basis.
- Documentation related to new loans and renewals.
- Ensure funding of foreign subsidiaries whenever required.
- Ensure FEMA / RBI compliances like filing of ODI, APR, etc.
- Improvising payments and trade mechanisms by the implementation of an e-banking facility.
- Liaison with banks for routine banking matters, opening or closing of bank accounts,
changing authorized signatories, tracking of charges, and borrowing costs, etc.
- Track the changes in FEMA and RBI Rules and Regulations.
FOREX Management
- Forex hedging and controlling utilization of forward covers.
- Manage FOREX receipts and payments, taking FOREX rates for import and export
transactions, and EEFC account payments.
- Obtain and renew LEI Registration.
- File quarterly Foreign Currency Exposure certificate and audited Underlying Exposure
certificate with banks.
Desired Skills
- Experience of heading an accounts and finance department in the manufacturing organization.
- Excellent Experience in Fund, FOREX, Taxation and Investment Management.
- Excellent knowledge of all aspects related to Accounts and Finance.
- Good communication and interpersonal skills.
- Ability to work in a fast-paced, demanding, and timeline-driven environment.