Manager - CA

Forbes Marshall; Pune District; On-site; INR 1,800,000 - 2,400,000; Full time

Job summary

Forbes Marshall seeks a seasoned Manager – Accounts & Corporate Services to oversee group treasury, international subsidiaries finalization, audit readiness, and external governance. The role ensures compliance with FEMA, foreign exchange and export guidelines, and maintains robust internal controls.

The position reports to the CFO and leads multiple direct reports across banking, FEMA, and subsidiary accounting, driving global financial integrity and strategic financial partnerships.

Qualifications

• Strong team management and mentoring capabilities.
• Excellent cross-functional coordination with external auditors, bankers, and regulators.
• Analytical mindset with high attention to financial accuracy and compliance.

Responsibilities

• Group banking oversight and treasury management for the Group.
• Lead FEMA regulatory compliance and export transaction monitoring.
• Supervise banking & export documentation teams (2 direct reports).
• Finalize accounts for international subsidiaries (3 entities) with intercompany reconciliations.
• Support audit processes for flagship entity and ensure IFC compliance.
• Lead credit rating processes with CRISIL and prepare data for rating evaluations.

Skills

Team management

Cross-functional coordination

Analytical mindset

Attention to detail

Financial compliance

Education

Chartered Accountant (CA)

Tools

SAP S/4HANA

Oracle ERP

MS Dynamics

Job description

Job Description: Manager Accounts & Corporate Services (ACS)

Position Overview

• Job Title: Manager – Accounts & Corporate Services (ACS)
• Department: Finance, Accounts & Corporate Services
• Experience Required: 10 – 15 Years
• Education Qualification: Chartered Accountant (CA)
• Reporting To: CFO
• Direct Reportees: 4 Subordinates (2 dedicated to Banking & FEMA Compliance; 2 dedicated to International Subsidiaries Finalization)
• Location: Kasarwadi, Pune

Role Summary

The Manager – ACS will lead critical financial control, treasury, audit, and global accounting compliance functions for the Group. This position carries end-to-end operational responsibility for Group Banking operations, international regulatory compliance (FEMA & Export guidelines), financial finalization of foreign subsidiaries, audit readiness for the flagship entity (FMPL), and managing credit rating engagements with agencies like CRISIL.

Key Responsibilities & KRA Breakdown

1. Group Treasury & Banking Management (FEMA & Exports)

• Group Banking Oversight: Manage overall banking relationships, working capital facilities, fund/non-fund based limits, letter of credits (LC), bank guarantees (BG), and daily treasury cash flows for the Group.
• Export & FEMA Regulatory Compliance: Lead the review and monitoring of export transactions, foreign currency inflows/outflows, EDPMS/IDPMS reconciliation, bank realization certificates (e-BRC), and outward remittances under FEMA guidelines.
• Team Supervision: Guide and manage 2 direct reportees handling day-to-day banking transactions, export documentation, foreign exchange hedging, and bank reconciliations.

2. Finalization of International Subsidiaries

• Global Entity Accounting: Oversee the monthly, quarterly, and annual accounts finalization for 3 international subsidiaries directly from the India headquarters.
• Intercompany & Transfer Pricing: Ensure smooth intercompany reconciliations, transfer pricing documentation, and foreign currency translation gains/losses per accounting standards (Ind AS / IFRS / Local GAAP).
• Taxation & Compliance: Coordinate foreign tax filings, statutory returns, and regulatory filings for foreign entities in liaison with overseas consultants and local auditors.
• Team Supervision: Lead 2 direct reportees dedicated to managing subsidiary books, ledger scrubs, and financial statement consolidation.

3. Audit Support for Flagship Entity (FMPL)

• Statutory & Internal Audits: Serve as the central point of contact for Big 4 / Statutory Auditors, Internal Auditors, and Tax Auditors for the flagship entity (Forbes Marshall Pvt. Ltd. / FMPL).
• Schedules & Disclosures: Prepare and review audit schedules, financial disclosures, notes to accounts, and balance sheet reconciliations to ensure zero-observation audit cycles.
• Internal Financial Controls (IFC): Maintain strong internal accounting controls, process documentation, and compliance frameworks to meet statutory requirements.

4. Credit Rating & External Governance (CRISIL)

• Credit Rating Management: Spearhead the end-to-end annual and surveillance credit rating process with CRISIL and other rating agencies.
• Data Preparation & Presentations: Collate financial projections, debt profile analyses, liquidity statements, and operational performance metrics required for rating evaluations.
• Ratios & Covenants Monitoring: Track financial covenants, leverage ratios, and debt servicing coverage to ensure the Group maintains favorable credit ratings.

Required Competencies & Qualifications

Technical & Functional Skills

• Accounting Standards: Deep knowledge of Ind AS, IFRS, Schedule III, and Indian Companies Act, 2013.
• Foreign Exchange & FEMA: Hands-on experience with RBI guidelines, FEMA regulations, export-import banking, EDPMS, and forex risk management.
• Audit & Rating Management: Direct experience in managing complex statutory audits and credit rating submissions (CRISIL, ICRA, CARE).
• ERP Proficiency: Strong working knowledge of enterprise ERP platforms (SAP S/4HANA, Oracle, or MS Dynamics).

Soft Skills & Leadership

• Strong team management and mentoring capabilities.
• Excellent cross-functional coordination skills with external auditors, bankers, and regulatory authorities.
• Analytical mindset with high attention to financial accuracy and compliance.