At the Aditya Birla Group, our Corporate Vision is aligned and intricately woven with our People Vision.
FRONT LINE OFFICER - FINANCE
Designation :
Location : India Andhra Pradesh BB Puram, AP East Godavari
Organization : Chemicals
Job Description:
Key Result Areas
KRA (Accountabilities) (Max 1325 Characters)
Supporting Actions (Max 1325 Characters)
KRA1 Direct Tax Compliance: Ensure all compliance of direct taxes for accurate and timely preparation of all applicable returns, tax payments, assessment details etc.
- Compute Income Tax by analyzing various items of income & expenditure for allowance & disallowance
- Calculate Advance Income taxes and deferred tax calculations
- Deposit TDS on due date monthly basis
- File TDS return quarterly
- Download and Issue Form 16 to concerned
- Check and process Bills of Legal and Professional, AMC, Interest on term loan, Buyer Credit and Inter Unit transactions
- Analyze & Project income & expenses allowable under income tax
- Calculate of depreciation as per income tax act
- Facilitate internal/statutory audit (especially Tax audit) in respective area for internal accounting control
KRA2 Indirect Tax Compliances: Ensure all compliance of Indirect taxes (GST, Customs etc.) for accurate and timely preparation of all applicable returns, tax payments, assessment details etc.
- Preparation of GST monthly returns (GSTR-1, 2, 3) on timely basis
- Ensure to avail all GST credit (ITC) on monthly basis without loss to unit
- Monthly reconciliation of all GL related to GST and sales register & purchase register etc
- Prepare MIS of tax payment, credit and mismatch report
- Review qualitative details of all FG
KRA3 Statutory compliances & Liaison: Ensure timely and accurate compliance with various laws and explore and avail all incentives and tax benefits (Timely collection and utilization of tax benefits).
- Ensure timely & regular compliance of legal provision & procedure of Income tax, Custom & GST with proper tax planning
- Conduct In-depth analysis of entire business process in order to avail all incentives and tax benefits available within legal frame work
- Ensure compliance of export & Import procedures & benefit avail under EXIM policy
- Coordinate with marketing / CSA/ Import team for document requirement of EI as well as Scrip utilization
- Represent company before various revenue officials (up to Commissioner level) in respect of adjudicate on & appeals relating all taxes to protect company’s interest
- Ensure Compliance of Company law matters, SEBI Guidelines & other various Govt. Statutory Provisions
- Regularly liaison with Govt. officials for effective co-ordination
- Preparation of statement of contingent liabilities and review with DH
KRA4 Litigation Management:
- Ensure timely settlement of all litigations and legal pendency
- Consult & coordinate with advocates for early hearing and favorable closure
- Preparation & review of contingent liability statements
KRA5 Reports and audits: Monitor and Prepare all types of reports for the concerned as and when required and facilitate all internal and external audits.
- Assist in preparation of all financial reports
- Facilitate and provide the data to auditors
- Daily & Periodical reporting on variances between Actual Vs. Target/ Benchmark level of various key performance areas
- Effectively handle all govt. auditors to minimize their observation and issues
- Co-ordination with internal and external auditors for audit related issues
- Co-ordination with various function for updation of audit issues on audit tracking systems
- Prepare all Business Reports related to Taxation
- Make Annexure/ notes to audit reports, conduct pre audit checking & pursue to take corrective action, before audit & after audit
- Ensure timely & proper submission of Income tax detail
- Prepare & submit various information relating to Unit for filing a common representation before Ministry of Finance, Govt. of India & CESTAT for imposition of antidumping against import of Caustic Soda
KRA6 System Management (Safety, Sustainability & WCM):
- Adhere to safety & statutory environmental requirements
- Adhere to safety norms & safe operational procedures
- Adhere to OHSAS & SA 8000 & WCM and sustainability norms
- Handle emergency situations like Liquid Chlorine leakages etc. under Disaster Management activities
- Train the team to comply with these norms