Financial Reporting and Taxation Manager

Job Title: Finance Manager - Reporting and Taxation

Reporting To: Head Finance Shared Services (BP-COE)

Team Size: 15-18

Location: Thane

Role Summary:

The Finance Manager - Reporting and Taxation plays a pivotal role in overseeing the General Ledger, Accounting & Reconciliations, Financial Reporting, Direct & Indirect Taxation within the organization. The position requires strong leadership skills to effectively manage a team, ensuring accurate financial reporting, and compliance with taxation laws and regulations.

Roles and Responsibilities:

Financial Reporting:

• Preparation/Review of the Annual/Quarterly Financial Statements including cashflow statement in line with applicable Accounting Standards, Companies Act and Disclosure per SEBI Listing Obligations & Disclosure Requirement and drive all Audits.
• Possess strong knowledge of Ind-AS accounting standards.
• Ensure accurate and timely month end closing and provide insights and analysis on financial results to senior management.

Taxation:

• Understanding of regulatory requirements like GST, Profession Tax, Income Tax, Labour laws, etc.
• Ensuring monthly, quarterly and annual direct and indirect tax filings are done within statute timelines.
• Responsible for preparation/Review of tax financials for tax audit and state wise financials for GST audit.

Team Management:

• Lead and develop a team of finance professionals, providing guidance and mentoring.
• Set clear objectives, monitor performance, and conduct regular performance reviews.
• Foster a collaborative and high-performance culture within the team.

Process Improvement:

• Identify opportunities for process improvements in receivables management, reporting, and taxation.
• Implement best practices to enhance efficiency and effectiveness in financial operations.

Stakeholder Management:

• Collaborate with internal stakeholders, including business unit heads and finance colleagues, to support business objectives.
• Liaise with external auditors, tax authorities, and regulatory bodies as necessary.

Experience and Education:

• Proven experience in financial reporting, and taxation, preferably in a managerial role.
• Education: Chartered Accountancy (ICAI)
• Strong knowledge of accounting principles, financial reporting standards, and taxation laws.
• Experience with ERP systems (Oracle/SAP/other) and proficiency in MS Excel.
• Excellent communication and interpersonal skills, with the ability to interact effectively with stakeholders at all levels.
• Minimum 8-10 years of relevant experience post-qualification.

Experience Level: 8-10 years post-qualification experience in finance and accounting, with at least 3-5 years in a managerial capacity.