Here's this job description transcribed:
Responsible for managing and overseeing all accounting and financial operations across Prechole Sports Pvt Ltd, Prechole Foundation, and Prechole Arms. The role involves financial reporting, statutory compliance, cost accounting, bank coordination, cash flow management, import-export documentation, insurance coordination, and interdepartment initiatives. The position also focuses on strengthening internal controls, improving financial efficiency, and supporting strategic decision-making, and leading the accounts team to ensure accurate and compliant financial operations.
AREAS OF RESPONSIBILITY
- Prepare accurate and timely financial statements including Profit & Loss statements, Balance Sheets, and Cash Flow Statements.
- Ensure compliance with accounting standards, financial regulations, and statutory requirements across all business entities.
- Coordinate with external auditors for annual audits, statutory audits, tax audits, and financial compliance reviews.
- Maintain proper financial documentation and accounting records for audit and compliance purposes.
- Oversee day-to-day accounting operations including Accounts Payable (AP) and Accounts Receivable (AR) management.
- Review general ledger entries, journal entries, reconciliations, and accounting records to ensure accuracy and compliance.
- Ensure proper documentation, authorization, and accounting treatment of all financial transactions.
- Monitor outstanding receivables and payables to maintain healthy financial operations and working capital management.
- Prepare profitability analysis, cost reports, and financial insights for management decision-making.
- Support cost allocation processes and perform Cost of Goods Sold (COGS) analysis for business performance monitoring.
- Monitor and control manufacturing costs including direct costs, indirect costs, overheads, and operational expenses.
- Analyze financial data and recommend cost-saving initiatives and operational improvements.
- Oversee cash flow management activities and ensure sufficient liquidity for operational and business requirements.
- Prepare and monitor cash flow forecasts and working capital plans.
- Coordinate with banks for smooth execution of daily banking operations and financial transactions.
- Resolve banking-related issues promptly to avoid disruptions in business operations.
- Coordinate implementation and integration of new banking portals, digital banking systems, and financial tools.
- Support internal teams during adoption and transition of banking systems and processes.
- Ensure timely filing and compliance related to GST, VAT, TDS, sales tax, and other statutory requirements.
- Maintain records and documentation required for tax assessments, audits, and compliance reviews.
- Coordinate with tax consultants and advisors for tax planning, assessments, and statutory compliance activities.
- Monitor statutory deadlines and ensure timely submission of required returns and reports.
- Coordinate with various CHAs (Custom House Agents) for import shipment coordination activities.
- Compare quotations from logistics and CHA vendors and finalize shipment coordination activities.
- Manage import-export documentation and support registration activities on government portals whenever required.
- Coordinate with internal departments and external agencies for smooth shipment and customs clearance processes.
- Coordinate with insurance companies and brokers to obtain quotations for medical and other insurance policies.
- Compare insurance quotations based on coverage, premium, and policy terms to ensure cost-effective solutions.
- Coordinate with internal departments to understand insurance requirements and ensure adequate risk coverage.
- Manage communication with insurance providers regarding renewals, claims, and policy-related clarifications.
- Establish and maintain strong internal control systems to safeguard company assets and financial records.
- Identify opportunities for process improvements and implement best practices in financial operations and compliance management.
- Develop and improve accounting procedures, workflows, and reporting systems for operational efficiency.
- Ensure adherence to company policies, accounting procedures, and financial governance standards.
- Coordinate with senior management and departmental heads to provide financial insights, reports, and strategic recommendations.
Pay: ₹70,000.00 - ₹85,000.00 per month
Benefits:
- Flexible schedule
- Life insurance
- Provident Fund
Work Location: In person
