Associate 2 - Finance

Associate 2 - Finance

Bengaluru - Hybrid

About the role: -

• Intercompany Transactions
• Maintaining global intercompany transactions, performing entity wide reconciliations and month end close reporting of accurate intercompany accounts.
• Total compliance with intercompany policy, intercompany transfer pricing agreements. Ensure maintenance and filing of Transfer Pricing documentation (Form 3CEB). Handle Transfer Pricing assessments and litigation with tax authorities along with TP Advisors.
• 100% error free Remittance Compliances RBI, FEMA & Secretarial. Clearance of old outstandings at RBI / Bank end, submission of required documents and periodical reporting.

• Compliance Management
• Monitor agencies compliance portals, inquiries, status and correspondence with compliance consultants regularly and actively over Business Licensing, Business Formation, State Registration, Registered Service Agents, Certificate of Good Standing, Exemption application and keep records compliant, filed, up to date and completely avoid any risk or penalty to the business.
• File forms and returns required under Company law, RBI, FEMA, MSME Regulations accurately and on time. (POSCH, ML, STPI).

• Taxation & Related Matters
• Manage Advance Tax and Self-Assessment Tax calculations and ensure timely payments. Ensure Refunds are on time. Share inputs & Review Tax Audit Reports (Form 3CD & 3CA/3CB)
• Ensure accurate deduction and deposit of Tax Deducted at Source (TDS). File TDS Returns.
• Respond to Income Tax Department notices, prepare workpapers, Represent the company before Assessing Officers (AO), Commissioner of Income Tax (CIT), and Income Tax Appellate Tribunal (ITAT) along with tax consultant.
• Ensure timely filing of GST returns, Conduct GST reconciliation between GSTR-2B, books of accounts, and vendor invoices. Manage GST input tax credit (ITC) claims and reversals.
• Handle GST annual audits and prepare necessary reconciliations. Manage GST refunds, Respond to GST inquiries, audits, and notices.
• Preparing federal, state and local tax workpapers (Revenue listing, R&D Tax credits, etc) and reviewing income tax returns prepared from external tax advisors.

• GL Management
• Maintain the fixed asset register and ensure timely capitalization, depreciation, and disposal. Prepare and update schedules for fixed asset depreciation and assist in reconciling fixed asset balances to the general ledger
• Optimize asset tracking and coordinate periodic physical asset inventories
• Undertaking Prepayments and amortization of prepayments.
• Complete control over Tax & Related items in Balance Sheet & Income Statement with correct reporting of Balance Due to and Balance due from various Government authorities.

• Audit
• SPOC for statutory audit (Liaise with auditors and provide necessary documentation and explanations)
• Work with auditors for providing audit schedules, preparation of audit working papers, plan and program manage the audits and ensure timely completion with no audit observations.

• Self-Development
• Maintain up-to-date knowledge of GST, corporate tax laws, Relevant RBI laws and US Taxation & Regulatory Framework.

Qualification:

CA Inter with similar experience