CORPORATE ACCOUNTANT

13.3333px; font-style: normal; font-weight: 400; letter-spacing: normal; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; margin-top: 0px; margin-bottom: 0px;">Level / Band Junior management

Department Finance & Legal - India

Location  - Mumbai

Reports to Functionally: Asst. Manager, Accounts

Working Day - Mon - Sat

Purpose of the job:

To be part of the Accounts team of Dimexon India with overall responsibility

to support all financial accounting and controlling processes for Dimexon India, to meet statutory (Ind-AS and Group IFRS), fiscal (tax related) and internal reporting requirements. To ensure compliance to direct and indirect taxes and timely and accurate filings to authorities.

Accountabilities: Corporate Accounts 

 Implementing and operating financial accounting procedures for Dimexon India in alignment with Ind-AS requirements.

 Coordinating general accounting operations from all locations, departments and functions in Dimexon India for online, monthly and

annual reporting objectives

 Generating financial statements and reports for statutory and fiscal requirements.

 Ensuring all statutory payments are made accurately and on time for the Corporate office. Support compliance of statutory payments in all locations of Dimexon India.

 Coordinating the confirmation of customer and vendor accounts and ensuring prompt and accurate intercompany transactions.

 Support for statutory and tax related audits. Co ordination with Company Auditor, Branch Auditors & International Auditors.

 Facilitating the preparation of and validating the financial statements presented to banks, shareholders and regulatory or fiscal authorities.

 Support preparation of standalone and consolidated financial statements for India.

Tax and statutory payment accounting:

 Coordinating and compiling of information required for filling of Income Tax Returns, GST returns, employee related payments for Provident Fund, ESIC, gratuity etc on time on or before the stipulated due date.

 Accounting of purchases and sales of goods and services, capital goods to ensure commercial accuracy and computation of taxes.

 Coordinate accounting and recording of GST and other applicable levies. Ensuring adequate documentation and compilations to facilitate accurate and timely filing of returns, tax payments, adjustments and settlements.

Corporate Accounting and Controlling:

 Good understanding of financial accounting processes and system logic for Dimexon India

 Coordination with Local accountants and auditors for complete and timely accounting of revenues, costs, assets and liabilities.

 Fixed Asset controls, accounting and accurate capitalization of projects.

This includes sales /disposal of assets, checking depreciation runs and coordinating physical verification of fixed assets

 Scrutiny of vendors, customers and general ledger accounts

 Preparing the annual accounting statements for the calendar and financial years.

 Support resolution of queries raised by Statutory Auditors at the time of finalization of accounts for financial year & calendar Year & Tax.

Audit.

 Prepare and maintain the supporting documents for annual accounts.

 Supporting for monthly financials closing and reporting

Banking information:

 Support the preparation of financial statements and forecasts for submission to credit rating agencies and banks.

Tax and Legal:

 Assist in computing tax liability statements, provisioning and payment of taxes.

 Coordinate the work of direct reportees and consultants for the accurate and timely compilation of tax returns, filings.

 Follow up with Advocates / Tax Consultants at various levels in any matter related to appeal etc as guided by Head Finance/Head Legal.

 To work out advance tax liability for the financial year and payments thereof to be made to avoid any charges / penalties etc

 Ensure payment of TDS and E-TDS returns are made before due date.

 Ensure that proper documents, TDS rates / provisions are applied before foreign remittance is effected

 Ensure TDS certificate are issued to all the deductee for whom we deducted tax for the any previous financial years.

 Ensure any cross verification notice issued from Income Tax Department are attended within the stipulated time.

 Take necessary steps for filling appeals with Income Tax Department after verifying the assessment orders with regards to disallowance, interest charged, credit given for prepaid taxes etc.

 To provide details to tax departments as and when any notice received

 Ensure that the company is abiding as per the requirement of service tax.

 Ensure that GST returns are filed with the department in time.

Contacts:

Internal  Department Heads/Officers in other functions

 Group Finance team and other entity Finance Managers

 Group CFO, through appropriate chain of command

External  Approved professional advisors

 Statutory Auditors

 Authorities, assessing offices of various tax Department.