Chartered Accountant, 4 to 5 years in Navi Mumbai

1. Financial Reporting:
o Prepare and review financial statements, balance sheets, and income statements.
o Ensure timely and accurate financial reporting in compliance with accounting standards (e.g., IFRS, GAAP).
o Conduct variance analysis and provide insights into financial performance.
2. Budgeting, Forecasting
o Assist in the preparation of budgets and financial forecasts.
o Analyze budget variances and provide recommendations for improvement.
3. Taxation:
o Ensure compliance with all tax regulations and liaise with tax authorities.
o Co-ordinate with CO office for timely completion of assessment
4. Audit & Compliance:
o Coordinate with internal and external auditors for statutory audits.
o Ensure adherence to internal controls, policies, and regulatory requirements.
o Maintain up-to-date knowledge of changes in tax laws, regulations, and accounting standards.
5. Financial Analysis & Advisory:
o Provide financial analysis to support strategic decision-making.
o Review business operations, systems, and processes to identify efficiencies and cost savings.
7. Cash Flow Management:
o Monitor and manage cash flow forecasts to ensure adequate liquidity for operational needs.
o Liaise with banks and financial institutions for banking operations.
8. ERP & Financial Systems:
o Work with ERP systems (SAP) to manage financial processes.
o Ensure the accuracy of data entries and reporting in the system
o Ensure to recommend new developments, co-ordinate with IT for implementing
9. Product Costing
o Analyze and determine the cost of goods sold (COGS) for products and services.
o Review and monitor the bill of materials (BOM) and process costs for accurate costing
o Update and maintain standard costs within ERP systems
10. Cost Control & Optimization
o Analyze and determine the cost of goods sold (COGS) for products and services.
o Analyze variance between actual and standard costs and identify areas of improvement
o Collaborate with different departments to identify cost-saving opportunities and increase operational efficiency
11. Profitability Analysis
o Perform product line, customer, and project profitability analysis.
o Analyze fixed and variable costs to provide detailed breakdowns of operational expenses
12. Budgeting for segments
o Develop and monitor budgets for different Segments.
o Analyze cost drivers and make recommendations for budget adjustments
13. Capex Planning & Budgeting
o Work with department heads to prepare and consolidate the annual Capex budget.
o Monitor and track Capex expenditures to ensure they align with the
1. Financial Reporting:
o Prepare and review financial statements, balance sheets, and income statements.
o Ensure timely and accurate financial reporting in compliance with accounting standards (e.g., IFRS, GAAP).
o Conduct variance analysis and provide insights into financial performance.
2. Budgeting, Forecasting
o Assist in the preparation of budgets and financial forecasts.
o Analyze budget variances and provide recommendations for improvement.
3. Taxation:
o Ensure compliance with all tax regulations and liaise with tax authorities.
o Co-ordinate with CO office for timely completion of assessment
4. Audit & Compliance:
o Coordinate with internal and external auditors for statutory audits.
o Ensure adherence to internal controls, policies, and regulatory requirements.
o Maintain up-to-date knowledge of changes in tax laws, regulations, and accounting standards.
5. Financial Analysis & Advisory:
o Provide financial analysis to support strategic decision-making.
o Review business operations, systems, and processes to identify efficiencies and cost savings.
o Assist management in evaluating financial risks and opportunities.
6. Accounts Payable/Receivable Management:
o Monitor and manage accounts payable and receivable processes.
o Ensure timely payments and collections, along with reconciliations.
7. Cash Flow Management:
o Monitor and manage cash flow forecasts to ensure adequate liquidity for operational needs.
o Liaise with banks and financial institutions for banking operations.
8. ERP & Financial Systems:
o Work with ERP systems (SAP) to manage financial processes.
o Ensure the accuracy of data entries and reporting in the system
o Ensure to recommend new developments, co-ordinate with IT for implementing
9. Product Costing
o Analyze and determine the cost of goods sold (COGS) for products and services.
o Review and monitor the bill of materials (BOM) and process costs for accurate costing
o Update and maintain standard costs within ERP systems
10. Cost Control & Optimization
o Analyze and determine the cost of goods sold (COGS) for products and services.
o Analyze variance between actual and standard costs and identify areas of improvement
o Collaborate with different departments to identify cost-saving opportunities and increase operational efficiency
11. Profitability Analysis
o Perform product line, customer, and project profitability analysis.
o Analyze fixed and variable costs to provide detailed breakdowns of operational expenses
12. Budgeting for segments
o Develop and monitor budgets for different Segments.
o Analyze cost drivers and make recommendations for budget adjustments
13. Capex Planning & Budgeting
o Work with department heads to prepare and consolidate the annual Capex budget.
o Monitor and track Capex expenditures to ensure they align with the approved budget
o Conduct variance analysis between budgeted and actual capital expenses
14. Capex Proposal Evaluation
o Conduct financial analysis, including payback period, Net Present Value (NPV), and Internal Rate of Return (IRR), for Capex proposals.
o Ensure all capital investment proposals are evaluated based on their financial feasibility and alignment with strategic business goals
15. Capital Investment Monitoring
o Track the progress and financial performance of ongoing capital projects.
o Ensure all capital investments are completed within budget and timelines
o Evaluate the post-implementation performance of Capex projects to assess if expected returns are achieved
16. Depreciation & Fixed Assets Management
o Maintain accurate records of capital assets, including depreciation schedules.
o Ensure proper accounting treatment of Capex according to accounting standards (IFRS, GAAP)
o Conduct periodic physical verification of fixed assets
o Assist management in evaluating financial risks and opportunities.
6. Accounts Payable/Receivable Management:
o Monitor and manage accounts payable and receivable processes.
o Ensure timely payments and collections, along with reconciliations.