Finance - Controllership AP/AR

Key Responsibilities

1. Financial Accounting & Close

• Assist in monthly, quarterly, and annual financial close processes.
• Pass journal entries and ensure proper accounting in line with Ind AS / IFRS / company policies.
• Prepare and review balance sheet reconciliations.
• Ensure accuracy of general ledger and supporting schedules.
• Inter Company Reconciliations.

2. Statutory & Tax Compliance

• Support preparation and filing of:

• GST returns, TDS returns

• Income tax data and schedules

• Ensure compliance with Companies Act, GST, and other statutory regulations.

• Coordinate with auditors for statutory and tax audits.

• Preparation of Financial Statement as per IND-AS

3. Audit Support

• Assist in statutory, internal, and tax audits.
• Provide required schedules, explanations, and documentation to auditors.
• Track and support closure of audit observations.

4. Accounts Payable & Receivable Oversight

• Monitor vendor payments and customer collections.
• Ensure proper accounting of invoices, provisions, and accruals.
• Reconcile vendor and customer balances.

5. Fixed Assets Accounting

• Maintain fixed asset register and compute depreciation.
• Track asset additions, disposals, and capitalization.

6. Internal Controls & Compliance

• Ensure adherence to internal control policies and procedures.
• Support implementation and documentation of controls (ICFR / SOX, if applicable).
• Identify and flag control weaknesses or process gaps.

7. MIS & Reporting

• Assist in preparing monthly MIS reports and variance analysis.
• Provide data support for budgeting and forecasting exercises.
• Generate reports for internal stakeholders as required.

8. Process Improvement

• Identify opportunities for process optimization and automation.
• Ensure accurate documentation of processes and SOPs.
• Support ERP/system-related enhancements.