Head Accounts & Taxation

corporategalaxy.com - Jobboard; Ludhiana; On-site; INR 12,00,000 - 15,00,000; Full time

Job summary

A leading company in the machine manufacturing sector is seeking a Head of Accounts & Taxation in Ludhiana, India. The candidate will oversee the accounts function, manage direct and indirect taxation, and ensure compliance with statutory regulations. Qualified CA with 10+ years of experience in publicly listed companies preferred. Competitive compensation and growth opportunities are offered.

Qualifications

• At least 10 years of experience in a similar role in a publicly listed company.
• Excellent knowledge of auditing techniques.
• Competent in monthly MIS preparation and presentation.

Responsibilities

• Manage overall accounts function and finalization of the Balance Sheet.
• Handle direct and indirect taxation compliance and audit processes.
• Prepare various MIS reports to enable management review.

Skills

Accounting

Tax planning & management

Audit

MIS preparation

Compliance management

Education

Qualified CA

Job description

Corporate Galaxy Human Capital | Full time

Corporate GalaxyExecutive Search has been retained to search for its pre-eminent clients the captioned position. The requirement is urgent.

We have been retained by a leading company in the machine manufacturing sector to identify a candidate for the position of Head Accounts & Taxation. The company is listed on the NSE and is on an ambitious growth path.

The candidate will be responsible for the overall accounts function of the company and finalization of the Balance Sheet.

The position reports to CFO with a dotted line reporting to MD.

Responsibilities

• Accounting
• Managing day to day corporate accounting
• Finalization of Trial balance and other reports on monthly basis
• Over all control of accounts payable management (Payment to vendors and Balance confirmation, vendor reconciliation, monitoring of Bank guarantees, advances, retention money and input tax credit)
• Finalization of Trial balance and other MIS Reports on monthly basis
• Scrutinizing the account ledgers and assure that all the expense bills / vouchers are accounted properly with proper statutory deductions
• Verification and payment of expense bills at all levels, either to company staff or outsiders i.e. suppliers, professionals, service renders, etc
• Formulation of Annual Budget and Monthly Budget
• Reporting to CFO about all the key functional areas on daily basis

• Audit
• Execute group internal audit and special investigations, compliance with policies and rules
• Streamlining Internal audits systems and setting up internal control systems & procedures
• Dealing with Internal and External Auditors
• Managing overall Inventory
• Liaison with auditors for timely completion of Audit

• Taxation
• Direct and Indirect Taxation
• Direct tax processes and compliance, including corporate tax, transfer pricing
• Indirect taxes (GST) and filing of returns for completion of assessment and ensuring statutory compliance
• Calculation of advance tax liability and deposit the same
• Calculation of GST and deposit the same
• Prepare Income tax, GST and T.D.S. Returns
• Tax Planning & Management, Representation before Tax authorities, Managing tax Compliances
• Preparation & Submission of detailed reply of Notice & Questionnaire issued by Income tax department
• Preparation & submission of detail for query raised by the Commissioner of Income tax during assessment proceedings
• Responsible for Direct tax & Indirect tax such as GST and Tax Deduction / Collection at Source
• Attending income tax assessment for the organization
• Liaison with GST department auditors

• MIS
• Preparation of various MIS reports which enable the management to review the latest status of accounts and concentrate on the Key Areas with less effort and time
• Analyse and suggest improvement measures for the company

• Compliances
• Ensure compliance of GST and Withholding Tax, PF ESI, AD, TP and Other
• Tax compliances both direct and indirect
• Statutory compliances of a public limited company

Requirements

• Qualified CA with at least 10 years of experience in a similar role in a publicly listed company
• Excellent knowledge of auditing techniques
• The candidate should be competent with a track record of monthly MIS preparation and presentation - segmented for accounts, taxation, secretarial, working capital management and other financial analyses