ROLE PURPOSE

The Deputy Finance will be responsible for managing and supervising the company’s finance operations including taxation, accounts payable, accounts receivable, audits, general accounting, and compliance. The role ensures accuracy in financial reporting, adherence to statutory obligations, and maintenance of robust internal controls. The incumbent will act as a key support to management in financial decision-making and process improvement.

Key Responsibilities:

1. Accounting & Bookkeeping:

Oversee day-to-day accounting operations and ensure accurate recording of all financial transactions.
Maintain general ledger accounts and ensure proper classification of income and expenses.
Monitor monthly closing and ensure all accruals, provisions, and adjustments are properly recorded.
Review and ensure timely reconciliation of bank accounts, vendor accounts, and customer ledgers.
Ensure compliance with accounting standards (IND AS / GAAP) and company policies.

2. Taxation:

Manage direct and indirect tax compliance including GST, TDS, and Income Tax.
Ensure timely filing of all statutory returns and payments.
Handle tax audits, assessments, and correspondence with tax authorities.
Ensure accurate computation of tax liabilities and availment of tax credits.
Coordinate with external tax consultants for planning and advisory.

Accounts Receivable (AR):

Coordinate with sales and commercial for reconciliation, dispute resolution and credit control.

4. Accounts Payable (AP):

Supervise vendor invoice processing, validation, and approval workflow.
Ensure timely vendor payments while optimizing cash flow.
Validate vendor TDS and GST compliance before processing payments.
Maintain proper documentation and ensure vendor reconciliation on a periodic basis.

5. Audit & Compliance:

Coordinate and support statutory, internal, and tax audits.
Ensure timely closure of audit observations and compliance with audit requirements.
Maintain proper documentation and recordkeeping for all financial transactions.
Implement and monitor internal financial controls to safeguard company assets.
Ensure adherence to company policies, accounting standards, and regulatory requirements.

Technical Proficiency:

Knowledge of Indian Accounting Standards and statutory compliances.
Experience with ERP systems (SAP / Tally / Oracle) and MS Excel.
Working knowledge of GST, TDS, and Income Tax systems/portals.

Skills & Attributes:

Strong analytical and problem-solving skills.
Excellent attention to detail and organizational ability.
Effective communication and team leadership.
Ethical, reliable, and proactive approach to work.
Ability to manage multiple priorities and meet deadlines.

Key Deliverables:

Accurate and timely monthly/annual accounts closure.
Full statutory compliance with no penalties or audit observations.
Efficient management of receivables and payables with healthy DSO and DPO metrics.
Successful and timely completion of audits (statutory, tax, internal).
Strong internal controls and transparent financial reporting.

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