Special Skills/Attributes
(Required for performing the job
effectively)
- Knowledge of SEBI LODR Regulatory Framework
- Statutory/ Regulatory Compliance Management
- Knowledge of Financial Analysis & Control Frameworks and techniques
- Knowledge of Accounting Standards and Systems (including IND AS)
Overall Purpose/Objective Of the job
Responsible for all Finance & Accounts activities for Corporate/ project SPVs including accounts payable, statutory compliance, assessments, insurance as well as maintaining books of accounts as per defined accounting norms.
Key Responsibilities
(List major responsibilities, that you have, to achieve the key objectives)
Taxation and Compliances
- Responsible for Income Tax / GST compliance including tax audit, ITR and IT assessments. He should be well versed with GST assessment and should keep all compliance monitored.
Accounts and finance
- Ensure compliance with IND AS accounting and reporting standards as well as governance norms defined to ensure transparency, timelines and accuracy of accounting for SPVs.
- Ensure adherence to statutory and non-statutory compliances like Direct tax, Indirect tax, SEBI LODR requirements, Debenture trustee requirements as well as proper and up-to-date documentation of all books of accounts, reports.
- Responsible for finalization of quarterly accounts for projects by ensuring all necessary procedures are completed for SEBI reporting.
- Prepare the books of accounts for SPV/ project including Trial Balance, Profit & Loss statement, Balance Sheet, Annexure to the Balance Sheet and Notes to Accounts.
- Responsible for timely processing of vendor/ contractor/ supplier/ architect bills for respective projects ensuring all functional procedures are adhered.
- Ensure all bills received from operations department for payment are complete and correct (in terms of code, approvals, all necessary documents are duly attached.
- Ensure adherence to the defined Audit Plan (for internal and external audits) for respective projects/ SPVs.
- Ensure that all audit findings are communicated to the Senior Management in line with the defined reporting norms.
- Ensure compliance with all findings/ recommendations from internal/ external audits.
- Ensure correct and timely bank and cash reconciliation including verification of bank charges and interest working.
- Ensure all statutory payments (TDS, VAT, Service Tax, PF, etc.) are made every month as per defined timelines.
- Dealing with lenders
- Ensuring compliance of sanction terms and financial covenants.
Business planning
- Develop budgets and planning for financial resources on short-term & long-term
- Conducting financial and variance analysis with respect to business plans
