Senior Finance Executive

FOLKS; Mumbai; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Folks is an artist-driven boutique studio with a strong reputation in high-end visual effects. Based in Mumbai, this finance role supports India operations with end-to-end accounting, statutory compliance, and active ERP system management.

The ideal candidate has 6–8 years of accounting experience, excellent English communication, and the ability to coordinate with auditors, handle GST/TDS, and collaborate with cross-functional teams across the business.

Qualifications

• 6 to 8 years of experience in Accounting and Statutory compliance.
• Excellent written and oral communication skills in English.
• The ability to communicate and interact, with a range of audiences.
• Exemplary interpersonal and networking skills.
• Strong awareness of confidentiality and security requirements.
• Working knowledge of MS office and ERP systems.

Responsibilities

• Identify, measure and record all accounts payable and receivable transactions for India operations.
• Prepare weekly payment batch based on ageing report including statutory payments.
• Prepare and circulate bank advice; perform bank reconciliation and update payments.
• Assist in month-end closing activities.
• Issue Purchase Orders for Capex and Opex.
• Prepare and maintain Fixed Asset Register including depreciation calculations.
• Liaise with auditors and assist in audits and tax/compliance requirements.
• Ensure timely filing of TDS and GST workings and regulatory compliance.

Skills

Accounts Payable/Receivable

Statutory compliance

English communication

MS Office

Confidentiality

ERP experience

Education

Inter CA - not pursuing CA final

M.Com

B.Com

Tools

NetSuite

Dynamics 365

SAP

Job description

As an artist-driven boutique studio, Folks has built a solid reputation in the industry. Through teamwork and creativity, we value detail-oriented design. From the very beginning, we have been passionate about capturing the imagination through highend visual effects. The artists on our team have been making larger-than-life visual effects for film and television for 12 years, bringing their rich and diverse experience from Montreal, Toronto, Bogotá, Saguenay, Mumbai and now in London.

Job Description

• Identify, measure and record all business transactions relating to Accounts payable and receivables including other business transactions of India operation ( i.e. Fixed assets, Prepaid, Provisions, etc. )
• Prepare and set-up weekly payment batch based on ageing report including Statutory payments within the prescribed timelines.
• Preparation and circulation of Bank advice to vendor Preparation of Bank reconciliation and update the outward & inward payments on regular basis.
• Assist in Month-end closing activity
• Issue Purchase order for Capex and Opex
• Prepare and maintain Fixed asset register (FAR) incl. capitalisation, monthly depreciation run, asset retirement, etc. and which covers depreciation working as per Income tax Act as well.
• Liaise with the Group, Internal and Statutory auditors to provide them with timely and accurate information, as requested.
• Assist reporting manager & team in handling various audits and basic assessment requirements i.e. Statutory, Income tax, GST, other departmental audit, etc.
• Working with the reporting Manager and team to ensure timely compliance w.r.t. payments & regulatory compliances relating to TDS, GST, GST reco with GSTR-2A, quarterly TDS returns, Audit schedule, issuance of Form 16A, etc.
• Ensuring timely preparation and correct filing of monthly / quarterly TDS & GST working including remitting the taxes within the prescribed timelines.
• Collaborating with other accounts & finance team members on activities/projects connected within the overall framework of India finance team.

Qualifications

• 6 to 8 years of experience in Accounting and Statutory compliance ( Inter CA – not pursuing CA final in near future / M.Com / B.com graduate with relevant years of experience respectively )
• Excellent written and oral communication skills in English.
• The ability to communicate and interact, with a range of audiences.
• Exemplary interpersonal and networking skills.
• Strong awareness of confidentiality and security requirements.
• Working knowledge of MS office.
• Ability to handle multiple tasks while staying organized and with minimal direction.
• Previous ERP experience in NetSuite, Dynamic 365 or SAP will be an added advantage.
• Previous ITES/ Media/ Entertainment / Service Industry background will be added advantage.