General Manager - Accounts And Finance

Responsibilities:

Financial Management and Banking Relations:

• Maintain accurate financial records and prepare comprehensive reports for management review.
• Manage bank accounts, credit facilities, and relationships with financial institutions.
• Coordinate with the bank for day-to-day banking, issue, and renewal of BGs.
• Prepare documents for banking limits, loans, and credit facilities.
• Supervising the monthly preparation of WIP and Debtors Statement for calculation of drawing power and submission of data required by Banks/ Financial institutions.
• Attend and comply with bank audits like stock audits, etc.
• Prepare CMA data and related reports for bank and other institutions.
• Evaluate financing options to meet the company's financial needs.
• Liaise with banks and financial institutions for expansion and incentives.
• Oversee and manage cash flow, working capital, and financial projections for current as well as future planning. Validating and authorizing bank payments.
• Monitor Debtors Management and credit control.
• Prepare documents and coordinate with agencies for renewal of Credit Ratings.
• Submission of periodic documents for Credit Ratings.

Taxation and Compliance Oversight:

• Ensure timely compliance with all statutory requirements for various authorities (GST, Income Tax, professional tax, TDS, Sales Tax, Service Tax, PF, ESI or any other such authorities/departments, SEBI LODR, etc.) like returns filling, etc.
• Maintain and monitor the various statements and records required for statutory compliance, assessments, etc.
• Planning and timely payment of the statutory dues.
• Handle matters related to direct and indirect taxes including refunds, appeals, audits, assessments, etc.
• Coordinate with tax consultants, departmental officers, and Company Secretary for ROC matters.
• Assist in calculating, verifying, and reconciling tax payable and other statutory payments.

Accounting and Auditing Coordination:

• Monitor and control the entire accounting function as per accounting standards.
• Maintain books of accounts for the organization and its projects/locations.
• Supervise day-to-day accounting activities including accounts payable, and receivable.
• Prepare project-wise costs, profitability statements, P&L, and Balance Sheets.
• Monitor and control budgeting and costing and their variances and take timely corrective actions.
• Execute internal audits and ensure timely closing of accounts quarterly, half-yearly and yearly.
• Prepare projections for the organization.
• Liaise with auditors for internal and statutory audits, analyze and finalize audit reports, and implement corrective measures.
• Take timely corrective measures for better functioning of accounts and audits.
• Analytically reviewing and advising management of commercial and financial aspects of various quotations, contracts, and agreements.

Operations and Administrative Coordination:

• Provide analytical support to the management team and enhance operational accounting services.
• Develop and manage departmental budgets for business units.
• Coordinate interdepartmentally to ensure proper functioning and compliance.
• Implement and review internal controls, compliance, and financial procedures.
• Present management reports on a monthly/quarterly/yearly basis and support external audits.

MIS Development and System Implementation:

• Spearhead the development and implementation of SOPs, systematic budgeting, and MIS functions.
• Lead ERP implementation across the organization for strengthened controls and processes.
• Lead the budget planning process including long-term strategic plans and annual operating plans.
• Drive budget planning processes and review MIS reports, providing inputs to the executive management.
• Present project-wise budgets, monitor compliance and initiate corrective actions.
• Review existing systems, implement improvements, and facilitate technology upgrades.