Finance Lead - India

sa.global; Bengaluru; On-site; INR 1,000,000 - 1,500,000; Full time

Job summary

sa.global is seeking a Finance Manager in Bengaluru, India, to oversee accounting, financial reporting, and team management. The ideal candidate should possess strong financial acumen with comprehensive knowledge in accounting and Indian GAAP, and will be responsible for handling banking operations and tax audits.

With 6-8 years of finance experience in IT/ITES, the candidate must demonstrate good communication skills and a proactive approach to problem-solving.

Qualifications

• 6-8 years of progressive finance experience in IT/ITES companies.
• Good communication skills and willingness to learn and grow.
• Experience in financial control and compliance is preferred.

Responsibilities

• Monitoring banking and treasury operations.
• Managing receivables and inter-company transactions.
• Preparation of advance taxes and coordination for tax audits.
• Reviewing payroll and reconciling variances.

Skills

Good knowledge in accounting

Financial reporting experience in Indian GAAP

Handled banking and treasury

Managed inter-company transactions

Handled tax audits and returns

Managed payroll for 300+ employees

Knowledge of MS D365

Education

Graduate in Commerce / MBA in Finance

Tools

MS Dynamics

Job description

About the Role

We are looking for a person who has complete knowledge of accounting and financial reporting. He should be able to manage a small team and also guide them to improve their skills and knowledge. He should good knowledge of accounting and financial reporting in an IT / ITES company. He should have skills to build relationship with our vendors like bankers, consultants and auditors.

Primary Skills

• Good knowledge in accounting
• Financial reporting experience in Indian GAAP
• Handled banking and treasury in any company
• Handled Foreign currency transactions both inwards and outwards
• Managed inter- company transactions & inter-company reconciliations during month end
• Been responsible to handle Tax audits & tax returns
• Manged payroll for 300+ employees for validating the accuracy and preparing JV for posting into D365
• Knowledge of MS D365 is a must

Key Roles & Responsibilities

1. Banking and Treasury

• Monitoring inwards remittances from external & internal customers in our bank accounts
• Updating banks with documents supporting those remittances to obtain credit
• Converting foreign currency into INR by analysing the market rates
• Reviewing cash balance and keeping idle funds in term deposits
• Preparing cashflow’s on a weekly basis with a forward look for next 3 months

• Preparing cashflow every month for corporate reporting
• Liaoning with bankers for any issues or requirements

2. Receivables

• Follow up with FC’s of sales entities to collect data around projected remittances for next 3 months
• Follow up with sales entities / corporate for IC AR collections regularly
• Inter-company remittances are settled in the books

3. Taxation

• Computation of advance taxes every quarter
• Co-ordinate for tax audit information and details to be supplied to tax consultant
• Closure of tax audit and tax return
• Follow up with consultant on tax litigation pending
• Foreign currency translation activity run in D365

5. Accounting

• Providing for bonus accruals every month
• Providing for gratuity and leave encashment provisions every month
• Actuarial valuation of leave encashment and gratuity every quarter with the help of consultant
• Overlooking prepaid, fixed asset accounting and accrual for opex expenses

6. Payroll

• Review of payroll & reconciling variances between last month and current month
• Payroll JV is prepared LOB wise and posted into D365
• F&F settlements are reviewed and validated
• Staff costs are determined for each LOB / customer / etc for MIS reporting

7. Statutory audit

• Help in inputs and reports for statutory audit in the areas of banking, treasury and payroll.
• Clarify their doubts for closure of these areas during audit.

Required Qualifications & Skills

• Graduate in Commerce / MBA in Finance
• 6-8 Years of progressive finance In IT/ ITES companies
• Good communication skills
• Willingness to learn and grow in sa.global
• Has a mind to think proactively than to be given direction by Managers
• Good to have experience in financial control, commercial finance, and compliance
• Experience in IT, consulting, or project-based environments preferred
• Experience working within a multinational reporting structure
• Strong MS Dynamics utilisation experience