Assistant Manager Direct Tax and Statutory Audit

Orra Fine Jewellery; Mumbai; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Orra Fine Jewellery is seeking an Assistant Manager for Direct Tax and Statutory Audit to ensure regulatory compliance and accurate financial reporting. With around 5 years of experience, preferably as an Inter CA or Semi-Qualified professional, you'll need ERP proficiency to manage financial data efficiently.

This role demands strong analytical skills and collaboration across teams, handling TDS filings, audit procedures, asset verification, and cross-functional support.

Qualifications

• Bachelor's degree in finance or a related field is required.
• Approximately 5 years of relevant experience in direct tax and statutory audit.
• Preferably Inter CA or Semi-Qualified with good understanding of accounts and taxation laws.
• Proficiency in ERP systems with ability to extract and analyze financial data.
• Strong analytical skills and attention to detail.
• Excellent communication and interpersonal abilities.
• Ability to work independently and in a team.
• Strong organizational skills with ability to manage multiple tasks.

Responsibilities

• Conduct statutory audits in compliance with regulatory standards and company policies.
• Collaborate with audit teams to ensure accurate and timely completion of audit procedures.
• Assist in verification of fixed assets and reconciliation of inventory.
• Manage all aspects of tax audit processes, including assessment and scrutiny work.
• Ensure timely filing of TDS returns and payments, including quarterly and monthly returns.
• Coordinate with authorities and facilitate filing of Form 60 as required.
• Prepare monthly financial statements and assist in finalization of accounting entries.
• Provide support for internal audits and address audit findings.
• Oversee renewal of insurance policies and facilitate quotes for various insurance types.
• Manage documentation and follow-ups related to insurance claims.
• Liaise with insurance companies regarding additions, deletions, and relocations of stores.
• Facilitate foreign remittances and provide financial data for bank-related processes.
• Prepare UFCE declarations and assist in yearly stock audits conducted by banks.
• Support credit rating processes by providing necessary details and documentation.
• Review depreciation calculations and manage entries for asset write-offs and sales.
• Assist auditors in fixed asset verification and creation of asset codes.
• Update fixed asset registers for store relocations or closures and handle related entries.
• Prepare stock statements and undertake any other tasks assigned by seniors.

Skills

Bachelor's degree in finance

5 years experience in direct tax and 2

Education

Bachelor's degree in finance, Accounting, or related field

Tools

ERP systems

Job description

Summary

As the Assistant Manager for Direct Tax and Statutory Audit, you'll ensure compliance with tax laws and audit standards. With around 5 years of experience, preferably as an Inter CA or Semi-Qualified professional, you'll need ERP proficiency to manage financial data efficiently. This role demands strong analytical skills and collaboration across teams.

Job Description

1. Conduct statutory audits in compliance with regulatory standards and company policies.
2. Collaborate with audit teams to ensure accurate and timely completion of audit procedures.
3. Assist in the verification of fixed assets and reconciliation of inventory.
4. Manage all aspects of tax audit processes, including assessment and scrutiny related work.
5. Ensure timely filing of TDS returns and payments, including quarterly returns and monthly payments.
6. Coordinate with authorities and facilitate the filing of Form 60 as required.
7. Prepare monthly financial statements and assist in finalization of accounting entries.
8. Provide support for internal audits and assist in addressing audit findings.
9. Oversee renewal of insurance policies and facilitate quotes for various insurance types.
10. Manage documentation and follow-ups related to insurance claims.
11. Liaise with insurance companies regarding additions, deletions, and relocations of stores.
12. Facilitate foreign remittances and provide financial data for bank-related processes.
13. Prepare UFCE declarations and assist in yearly stock audits conducted by banks.
14. Support credit rating processes by providing necessary details and documentation.
15. Review depreciation calculations and manage entries for asset write-offs and sales.
16. Assist auditors in fixed asset verification and creation of asset codes.
17. Update fixed asset registers for store relocations or closures and handle related entries.
18. Prepare stock statements and undertake any other tasks assigned by seniors.

Skill Required

1. Bachelors degree in finance, Accounting, or a related field.
2. Approximately 5 years of relevant experience in direct tax and statutory audit.
3. Preferably Inter CA or Semi-Qualified with a strong understanding of Accounts & taxation laws.
4. Proficiency in ERP systems, with the ability to extract and analyze financial data.
5. Strong analytical skills and attention to detail.
6. Excellent communication and interpersonal abilities.
7. Ability to work effectively both independently and within a team.
8. Strong organizational skills with the ability to manage multiple tasks simultaneously.