Finance team at AltF is majorly responsible for recording and reporting the cash flows, both in and out, of a company. Since the department controls the actual finances of the company, it becomes utmost important for the department to work flawlessly. There are 2 major arena in which finance department operates i.e payables and receivables. Interaction with clients and vendors and sorting out the ledgers becomes a day-in-out work for the departments.
Roles and Responsibilities:
Managing Investor relations
Monitoring books of accounts
Monitor and analyze department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy.
Assist in cash flow projections, financial projections of collaborations & Joint Ventures
Undertake activities of budgeting & forecasting
Oversee maintenance of ledgers, journals, receivables, depreciation, cost, property, operating expenses, etc.
Review and monitoring of secretarial compliances
Ensure relevant accounting standards and accounting practices as prescribed, are being followed.
Oversee filling of returns and visiting tax authorities for assessments and appeals
Oversee bank work regarding documents, inward/outward remittances, etc.
Review of Balance Sheet and Annual Reports
Dealing and co-coordinating with Auditors, Ensuring timely completion of internal and statutory audits of the Company
Coordination with banks and institutions to ensure verifying and providing of information
Reviewing debtors outstanding and managing the cash flow
Resolve complex accounting issues
Generating financial & MIS Reports
Tax matters All compliances towards Direct and Indirect tax of the Company. Tax planning for the company along with all other statutory compliances.
Ensure that monthly and quarterly Bank Compliance activities are performed in a timely and accurate manner.
Maintaining the entire Team in good spirit, allocating work among colleagues, taking periodic reviews with them
Assist and guide the team in their daily tasks
Ensure that compliances related to GST are performed in a timely and accurate manner
Handling of a team of about 10-12 People including legal manager and associates.
Taking decisions on some legal matters.
Client Support Handling and resolving tickets in a timely manner using ticket supporting system.
Cashflow Management.
Allocating funds for better performance and returns.
Financial Compliances for every client of ALT F ( TDS GST matching for every clients)
Leading Internal financial audits.
Requirements
Experience with computerized ledger systems
Advanced knowledge of Excel
Strong problem solving and analytical skills
Ability to function well in a team-oriented environment
The Incumbent must be organized and detail oriented as a person.
One shall have an outstanding ability to stay calm under pressure.
Excellent Communication skills
Knowledge of Accounting Software - preferably Zoho Books