Assistant Manager - Finance

Indag Rubber Ltd.; Delhi; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Indag Rubber Ltd. is seeking a GST & Expense Management Manager in Delhi to ensure GST compliance, manage filings, reconciliations, and advisory support on indirect taxation.

The role involves coordinating with internal teams and external consultants, handling audits, and implementing internal controls within ERP systems. The ideal candidate will have deep GST knowledge, experience with GST returns, and expertise in expense accounting, insurance management, and related provisioning.

Qualifications

• In-depth knowledge of GST legislation and return filings.
• Experience coordinating with internal stakeholders and external consultants on indirect taxation.

Responsibilities

• Ensure timely and accurate GST returns filing (GSTR-1, GSTR-3B, GSTR-9, GSTR-9C, etc.).
• Manage ITC reconciliations and documentation.
• Monitor changes in GST law and implement system/process changes.
• Provide advisory on GST implications of transactions to business/finance teams.
• Support management in structuring transactions to optimize tax within the law.
• Review contracts, purchase orders and vendor/customer agreements from a GST perspective.
• Handle GST audits, inquiries, and notices.
• Liaise with tax authorities, consultants, and auditors for assessments.
• Prepare and maintain records to substantiate GST compliance.
• Develop internal controls for GST compliance and coordinate with IT/ERP for GST configuration.
• Perform monthly GST reconciliations and prepare MIS reports on GST positions, credits, and liabilities.
• Support financial closing and statutory audit requirements related to GST.
• Verify travel expenses as per eligibility and approved budgets; maintain trackers.
• Coordinate with C&F partners, process C&F invoices, and prepare monthly provisions for C&F service charges.

Skills

GST compliance

Tax filings

Expense accounting

Insurance management

Imprest

Travel expenses

Invoice processing

Accruals

Vendor coordination

Claims settlement

Provisioning

Prepaid accounting

Tools

SAP

Job description

Role & responsibilities

1. Compliance & Filings:

• Ensure timely and accurate filing of all GST returns (GSTR-1, GSTR-3B, GSTR-9, GSTR-9C, etc.).
• Manage Input Tax Credit (ITC) reconciliations and ensure proper documentation.
• Monitor changes in GST law and implement necessary changes in systems/processes.

2. Advisory & Support:

• Provide guidance to business and finance teams on GST implications of various transactions.
• Support management in structuring transactions to optimize tax benefits within the framework of law.
• Review contracts, purchase orders and vendor/customer agreements from a GST perspective.

3. Audits & Assessments:

• Handle GST departmental audits, inquiries, and notices.
• Liaise with tax authorities, consultants and auditors for assessments and litigation.
• Prepare and maintain records to substantiate GST compliance.

4. Process & Controls:

• Develop and implement internal controls for GST compliance.
• Coordinate with IT/ERP teams to ensure proper GST configuration in systems pursuant to any amendment.
• Regularly review tax positions and suggest process improvements.

5. Reconciliations & Reporting:

• Perform monthly GST reconciliations between books of accounts and GST returns.
• Prepare MIS reports on GST positions, input credits and tax liabilities.
• Support in financial closing and statutory audit requirements related to GST.

6. Travel Expense Accounting & TAT Compliance:

• Verify employee travel expenses as per eligibility, entitlements, and approved budgets.
• Maintain and update employee-wise travel expense trackers regularly.
• Ensure accurate booking of travel expenses and coordinate for timely payment processing.
• Month end provisioning

7. C&F (Carrying & Forwarding) Expense Management

• Coordinate with C&F partners for timely submission of invoices and supporting documents.
• Process C&F invoices in accordance with commercial terms and agreements.
• Prepare monthly provisions for C&F service charges based on sales data and agreed rates.

8. Freight Expense Processing

• Work closely with depots to ensure timely receipt of freight bills and supporting details.
• Process freight invoices accurately as per policies and commercial terms along with monthly provisions.

9. Claims Settlement & Imprest Monitoring

• Gather required information for claim settlements and liaise with insurance vendors to facilitate claim closure and resolve pending requirements.
• Ensure timely and accurate processing of claim settlements.
• Maintain trackers for prepaid insurance, prepare monthly accruals and accounting.

Preferred candidate profile

The GST & Expense Management Manager will be responsible for ensuring compliance with Goods & Services Tax (GST) laws, managing GST filings, handling reconciliations, audits, and providing advisory support on indirect taxation matters. The role requires in-depth knowledge of GST legislation, practical experience in return filings and coordination with internal stakeholders and external consultants. The role would require skills such as - SAP, Expense Accounting, Insurance Management, Imprest, Travel Expenses,Invoice Processing, Accruals, Vendor Coordination, Claims Settlement, Provisioning, Prepaid Accounting