Accounting & Financial Management

 Oversee day-to-day accounting and financial transactions.

 Ensure accurate maintenance of books of accounts and timely accounting of all

transactions.

 Review General Ledger, Accounts Payable, Accounts Receivable and bank

transactions.

 Conduct regular bank, ledger, vendor and customer reconciliations.

 Supervise monthly, quarterly and annual financial closing.

 Review provisions, accruals, prepaid expenses and other period-end adjustments.

 Ensure proper accounting and documentation of fixed assets and depreciation.

 Coordinate preparation and finalisation of annual financial statements.

 Ensure compliance with applicable accounting standards and organisational

accounting policies.

MIS, Budgeting & Management Reporting

 Prepare and review periodic MIS and financial reports for management.

 Prepare annual budgets in coordination with various departments.

 Monitor budget vs. actual performance and analyse significant variances.

 Prepare financial and operational analysis to support management decisions.

 Develop and monitor key financial and operational indicators.

 Provide analysis of revenue, expenditure, margins, costs and financial performance.

GST & Indirect Taxation

 Oversee GST-related accounting and compliance.

 Review GSTR-1, GSTR-3B and other applicable GST returns.

 Conduct reconciliation of purchase/input tax credit with GSTR-2B.

 Review GST input tax credit and identify discrepancies/unclaimed credits.

 Coordinate resolution with consultant for GST notices, queries and departmental

correspondence.

 Ensure proper GST treatment and documentation for purchases, expenses and

other transactions.

TDS & Direct Tax Compliance

 Oversee TDS computation, deduction, deposit and return filing.

 Review TDS applicability on various payments.

 Reconcile TDS payable with books and statutory records.

 Coordinate with consultants/auditors for income-tax related matters.

Salary Structure, Payroll & TDS on Salary

 Review and manage salary structures and payroll-related accounting.

 Coordinate with HR for payroll processing and salary-related matters.

 

 Review employee PF, Professional Tax, ESI and other applicable statutory

deductions.

 Handle TDS computation and deduction on salary.

 Review employee tax declarations and investment proofs.

 Calculate taxable salary and applicable exemptions/deductions.

 Review/reconcile salary TDS records and coordinate preparation of Form 16.

 Resolve employee queries relating to salary taxation and TDS.

Audit & Financial Compliance

 Coordinate statutory, internal and other audits.

 Prepare audit schedules, supporting documents and financial information.

 Respond to auditor queries and coordinate closure of audit observations.

 Ensure compliance with applicable statutory and regulatory requirements.

 Strengthen internal financial controls and identify areas of financial/process risk.

Procurement & Purchase Order Controls

 Review and approve Purchase Orders (POs).

 Verify POs for budget availability, pricing, taxes, payment terms and supporting

approvals.

 Coordinate with purchase, stores and user departments on financial and

commercial matters.

Inventory, Stock & Consumption Control

 Coordinate and oversee periodic physical stock verification.

 Reconcile physical inventory with book/system balances.

 Analyse stock shortages, excesses, variances and obsolete/slow-moving inventory.

 Conduct consumption analysis of key materials and consumables.

 Compare actual consumption with operational requirements and historical trends.

 Investigate abnormal consumption and coordinate corrective action.

Banking & Cash Management

 Manage banking-related activities and coordination with banks.

 Monitor daily cash and bank positions.

 Review bank reconciliations and ensure timely resolution of outstanding items.

 Monitor payments and ensure appropriate financial approvals.

 Coordinate banking documentation and statutory requirements.

Legal & Compliance

 Coordinate the organisation’s routine legal and regulatory matters.

 Review agreements, contracts and other financial/legal documents from a

commercial and financial perspective.

 Coordinate with external legal advisors and consultants wherever required.

 

 Maintain records of legal documents, registrations, licences and statutory

compliances.

 Track legal/compliance matters and ensure timely action.

Fixed Assets & Capital Expenditure

 Monitor accounting and documentation of capital expenditure.

 Review purchase and capitalisation of fixed assets.

 Maintain and reconcile the fixed asset register.

 Monitor asset additions, disposals, transfers and depreciation.

 Ensure appropriate approvals and supporting documentation for capital

expenditure.

Insurance & Risk Management

 Coordinate and manage the organisation’s insurance policies, including

identification of insurance requirements and coverage review.

 Coordinate with insurance companies and brokers for policy renewals, quotations,

endorsements and documentation.

 Maintain records of all insurance policies, premiums, renewal dates and related

documents.

 Coordinate insurance claims, including preparation and submission of claim

documentation and follow-up with insurers/surveyors.

 Coordinate insurance requirements relating to assets, premises, equipment,

vehicles, employees and other organisational risks, as applicable.

 Ensure timely renewal of policies to avoid any lapse in coverage.