Assistant Manager - Finance For Leading Mall in Thane.

Job Description

Position SummaryVerify and book all invoices, payments, and other accounting transactions in Yardi ERP.Process payments to vendors and banking.Roles and Responsibilities
• Review and update available detailed cost plan and cash flow at various stages of design and update the changes on regular basis.
• Provide early warning on any financial/cash flow matters likely to affect the project budget or programme.
• Understand, monitor, and report the key reason for variation in budgeted cost and actual cost
• Ability to analyze, monitor and report the working capital requirements of the business through negotiating the mobilization and retention amounts with ongoing vendors
• Manage costs, assess all variations and extra works. Carry out quantity reconciliation of material working closely with QA/ QS.
• Prepare cost reports and cash flow in agreed format at specified intervals including copies or allocations required for third parties.
• Ensuring all compliances are done by all manpower agencies
• Assist in the financial control and management of the contract. Prepare and, if appropriate, negotiate the settlement of the final account.
• Ensure the smooth and effective operation of all general accounting functions in Yardi including Accounts Payable, Cost and General Ledger accounting.
• Manage monthly closing of financial records and post the month end information; ensure accuracy of financial statements.
• Ensure applicable taxes related to payables are accounted and paid on time. Work closely with team to ensure accurate and timely payment of vendor payments using workflow.
• Plan and coordinate company budgeting exercise including planning meetings, setting dates, delivering budgets and have actual results compared to budgets monthly.
• Ensure accurate and timely preparation of monthly, quarterly, and annual financial reports for distribution to shareholders, venture partners, tax authorities and other users as requested.
• Develop and constantly monitor the effectiveness of accounting policies and procedures and
• control making changes as necessary.
• Coordinate all internal and external audits and prepare tax filings.
• Work cross functionally with external accounting service providers, tax advisors, legal service providers, investment management staff and all departments of the company.
• Deal with banks and preparing of all documents related to inward and outward remittances.
• Vendor payments through e-net / cheques / RTGS / NEFT.
• Investment of surplus funds in Fixed Deposits.
• Vendor Balance reconciliation.
• Weekly MIS and bank reconciliation.
• Taxation (Direct and Indirect):
• Prepare Advance Tax computation
• Ensure all the documents are available for submissions with Tax authorities for submissions.
• Handle the departmental audits and protect the company from any additional liability other than policy related litigations.
• Understand the guidelines and provisions of the GST, understanding the legal position,
• Put in place the systems and policies in place for the identification of outward supply of Goods & Services falling under Nil Rated, Exempted or Non-GST Supplies.
• Review all revenue GLs on monthly basis to confirm the GST levy and type of GST levy on all revenue line items.
• Review of all HSN/SAC code of Outward supplies to confirm the correctness of the code applied on Tax Invoices.
• Review of contracts with customers from GST perspective.
• Advice on all HSN/ SAC code of Outward supplies to confirm the correctness of the code applied on Tax Invoices.
• Verify input tax credit and service tax reverse charge liability under GST.
• Prepare & Upload Monthly Details of Outward Supplies (GSTR1) on GST portal.
• Prepare & Upload Monthly Details of Inward Supplies (GSTR2) on GST portal.
• Prepare & Upload Monthly Return (GSTR-3) on GST Portal.
• Handle issues arising out of Mismatch reports generated due to discrepancy in ITC claimed.
• Compile & File Annual Return.
• Compile & File Reconciliation statements, reconciling the values of supplies declared in the
• returns furnished for the FY with audited annual Financial statements.
• Prepare information or other data required for any tax proceedings.
• Prepare projections for applying lower withholding tax certificates.
Desired Candidate Profile
• ERP Implementation:
• Support the central core team in implementation of SAP and Yardi ERP.
• IT Skills - Advanced Microsoft Excel user (candidates having knowledge of Power Query, BI -Business Intelligence and financial & data modelling would be added advantage), PowerPivot, Scenario Analysis, KPIs and dashboards.
Additional Skills:
• Proficiency with spreadsheet and working knowledge of Macros.
• Superior analytical skills practiced at drilling down to transaction/ workflow details.
• Proficiency in MS PowerPoint.
Interested candidates can apply at hidden_emailEmail Id - hidden_emailWebsite - https://oasishrconsultant.com/

Keyskills :
erp implementationaccountingscenario analysissapfinancial statementsinvoices