Chartered Accountant

  • lagos
  • 15-20 lakh
  • 5-10 years
  • Views
  • 23 Jan 2017

  • Finance/ Accounts

  • Accounting/ Taxation/ Audit
Job Description

Qualification & Experience
CA or ICWA with 5 + Years of post Qualification experience ,preferably with supply chain / Trading organization background
Job profile
Accounts & Finance
Spearheading Accounts & Finance functions like determining objectives
Designing & implementing systems & policies,
Conducting cost analysis & reporting variances to facilitate internal financial control
Fund Management:
Monitoring the inflow & outflow of funds & ensure optimum utilization of available funds to accomplish organizational goals
Auditing & Taxation
Managing the liaison & effective completion of internal, statutory & external audits
Attending internal / statutory / external audits
Evaluating the internal control systems with a view to highlight shortcomings & implementing recommendations made by Internal Auditors
Computing & arranging for timely deposit of applicable taxes & filing of returns for timely completion of assessment & ensuring statutory compliance
Ensuring implementation of adequate processes & controlling around direct & indirect tax compliances keeping in mind the business complexities
Preparing, evaluating & implementing transfer pricing policies & guidelines of all Group Companies in India & overseas & managing litigation for transfer pricing
Analyzing of various tax laws /international tax provisions/recent updates & case laws
Managing all foreign exchange risks transactions & monitoring all international payment processes
System Implementation:
Designing & implementing systems, policies & procedures to facilitate internal financial & process controls & cost management
Setting of Finance Function including establishing financial controls, systems, policies, procedures & training
Forecasting & formulating business budgets on a monthly / annual basis, & instituting internal checks to ensure that the expenses are within budgets
Providing direction, motivation & training to the operational teams for ensuring optimum performance for all operational sales related departments
Management Accounts Closure & MIS
Administrative cost management
Preparation of head wise budget
Authorizing expenses based on the approved budget
Keeping a track of the budget utilization as & when the expenses are incurred
Maintaining an yearly target of reduction plan of the expenses budgeted
Laying down the Internal Controls & monitoring the same on regular basis ensuring that the system is in line with the policies as laid down by the management
Single point of contact for Retail Sector
Company formations, Opening of Bank, negotiation with the bank charges, obtaining POS Cash pickup facility
Budget preparation & Costing
MIS on monthly basis which covers information such as Sale, Purchases, Stock levels, Expenses, Return on Investment, OD utilization, Interest cost managed within the budget,
Profitability chart actuals vis--vis budgets.
Bank reconciliation
Stock Audit
Cash & Bank Management
Preparation & monitoring of Cash Flow Statement on daily basis
Keeping track of Payables of Supplier & Service bills, Rent Payments, etc. Coordinating with Bankers for, Forex purchase - availability of USD & Rate, Return cheques, uncredited cheques, Excess Interest charged, Bid Security, Facility renewal, etc.
Review of Cash & Bank Recon on fortnightly basis
IOU review & Claims Management
Was part of Annual Stock take team
Authorizing all Bank payments on daily basis
Coordinating with branches & giving them solutions for the issues raised.
Visiting branches to ensure that things are in line with the process laid down by the management.
Ensure that the interest charged by the bank on facilities is as per the agreement & is well within the budget
Internal, Management & Statutory Audit
Projected financial statement for sanction of loan from Bank
Designing effective plans & strategies with a view to achieve business objectives & ensure top line & bottom line profitability Strategic Planning
Establishing corporate goals, short term / long term budgets
designing business plans / strategies for maximizing profitability & revenue generation & realizing corporate goals

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