Job Description:
Financial Planning & Budgeting
Implement financial policies for the company so as to ensure
effective and timely financial management of the company’s affair
and compliance with relevant regulations
Initiate and Drive Annual Operating Plan and Execute Month on
Month to achieve organisational goal
Identify different cost optimisation Process and work with cross
functional team to increase gross margin of the company
Monitor business growth and revenue as per the AOP and Inform
Management time to time about Financials of the Organisation, in
case any interventions are required to reduce deviation between
AOP, Revenues and achievements.
Plan and ensure efficient management of funds, treasury
management, commercial activities, etc
Job Description- Business F&A
2
Implement timely and accurate insurance and re-insurance activities
of company assets so as to minimize exposure and look at leverage
points for the organization
Prepare annual budget and cash flow forecast and variances against
budgets so as to assist in decision-making
Identify different cost optimisation processes and work with cross
functional team to increase gross margin of products to achieve
better profitability
Regular monitoring of Working Capital, fixed and variable cost of
business and take corrective actions in case of any deviations
General Accounting
Manage and oversee the daily operations of the accounts
department.
Ensure timely preparation and finalization of monthly, quarterly, half
yearly and yearly MIS, P&L and balance Sheet
Maintain, reconcile and analyze debtors and creditors’ accounts
Ensure monthly Inter unit reconciliations between Best Group
company
Provide accurate and timely data for internal/ external audits
Improve Accounting systems and procedures and initiate corrective
actions
Ensure timely payment to vendors and other parties
Ensure timely processing of payroll and manage reimbursements and
disbursements of salaries
Import/export documentation & accounting
Taxation
Ensure timely preparation of documents for Tax Audit with proper
planning and in consultation with CFO and liaise with tax auditors for
timely finalization of the same and filing of the same with tax
authorities
Implement Policies & Procedures to analyze & assess the risks and
establish the controls
Research tax laws and regulations and provides technically and
commercially sound advice for both planning and compliance
purposes in relation to GST, Income Tax Service Tax, TDS, Excise and
other direct and indirect taxes as relevant.
Verification and timely Payment of Customs Duty other levies etc and
give necessary tax,
accounting and maintain all documents and comply with procedural
requirements
Analysis of various legal provisions and providing required inputs, to
represent before various tax authorities to comply with procedural
part pertaining to various notices assessments, investigations,
appeals.
Banking
Treasury management –liaison with bank, preparation of loan
proposal, renewal data of limits, banking compliances, FOREX
management
Regular Reconciliation of bank and investment accounts
Build and Maintain harmonious and strong relations with banking
and investment institutions
Taking care of daily banking requirements of Organisation.
Sharing financial details with banks for existing or new loans.
People Management
Ensure availability of team as per the manpower plan and budget
Job Description- Business F&A
3
Create successor of each key positions of the Department
Impart Group, Vision, Mission and value system across the team
Motivate, monitor and manage team in a high Growth environment
with harmonious working environment
Ensure everybody has defined KRAs and KPIs to provide better role
clarity and performance measures
Close monitoring of team performance and pro-actively design to
enhance their productivity through Training & development
To develop skills of team members including multiskilling to mitigate
shortage of skilled manpower
Required Skills
The role is responsible to perform accounting processes based on accounting standards which includes different
account entries such as payments preparation, posting, records maintenance, and reconciliation of accounts,
inventory control, and statistical records, Finalization of Balance Sheet, cost control, taxation matters etc. Ensure
account team work on laid down process by maintaining high level of efficiencies and efficacy.