About the Role: We are looking for a dynamic Lead -F&A to join our client servicing vertical. This is not a typical back-end accounting role; this role requires you to be a financial consultant for a portfolio of small to medium corporate clients, both domestic and global. You will be responsible for the end-to-end activities of your assigned clients, from daily bookkeeping, monthly compliances, payroll, book closure and reporting to annual activities.
Key Responsibilities
1. End-to-End Accounting & Bookkeeping
- Bookkeeping & accounting: Execute daily bookkeeping & accounting of expenses on an accrual basis, ensuring all financial transactions are recorded accurately and categorized correctly.
- Vendor & Accounts Payable: Manage the complete payable cycle, including verifying vendor/supplier invoices, ensuring GST compliance on bills, prepare vendor registers (weekly) & processing timely payments.
- Accounts Receivable: Raise export invoices/domestic invoices, reconcile of invoices and collections to ensure cash flow for clients.
- Ledger Maintenance: Maintain & reconcile General Ledgers, including Intercompany (Interco) accounts and other balance sheet accounts.
2. Banking, Reconciliations & Cash Management
- Banking Operations: Manage client bank accounts & cash flows (monthly fund request statements); execute bank transfers and monitor daily liquidity.
- Reconciliations: Perform monthly Bank Reconciliations (BRS), Forex reco, update fixed asset registers, resolving any discrepancies between bank statements and book balances immediately.
- Data Accuracy: Ensure all sub-ledgers are perfectly aligned with the General Ledger at the end of every week/month
3. Monthly Closing & Financial Reporting (MIS)
- Month-End Finalization: Follow strict month-end closing process, including recording depreciation, prepayments, and accrual provisions.
- Financial Statement Preparation: Prepare & finalize monthly Balance Sheets and P&L Statements in accordance with accounting practices.
- MIS & Client Interaction: Prepare detailed MIS reports and participate in monthly calls to present reports, budget variances, and operational insights to client SPOC’s
4. Statutory Compliance & Taxation
- Indirect Tax (GST): Handle GST computations, remittances, input tax credit (ITC) adjustments, apply for GST refunds and return filings.
- Direct Tax: Compute monthly TDS statements, remittances, quarterly advance tax planning, computation & remittances, filing e-TDS returns and provide proactive tax-saving strategies.
- Year-End Finalization: Close annual books of accounts and prepare Schedule III financial statements, including comprehensive notes and accounting policies.
- Statutory Audit: Act as the primary point of contact for statutory audits, providing explanations, documentation, and resolving audit queries to ensure a smooth sign-off.
5. Comprehensive Payroll & Labour Law Management
- Payroll Execution: Manage the end-to-end payroll process for clients, ensuring accurate calculation of salaries, employee benefits, and reimbursements.
- Statutory Compliance: Handle all monthly remittances and filings related to New Labour codes: Provident Fund (PF), ESI, S&E, Gratuity, and Profession Tax (PT).
- Withholding Taxes: Ensure accurate deduction and timely deposit of TDS on salaries, including the issuance of Form 16 and related compliance.
- Labour Law Adherence: Provide guidance and ensure execution of activities under applicable labour laws to keep clients fully compliant with state and central regulations.
6. Global Client Engagement & Strategic Communication
1. Be a primary point of contact (SPOC) for the Indian entities of global subsidiaries.
2. Confidently engage with Board Directors, Senior Leadership, and Global SPOCs, translating complex Indian fiscal and regulatory frameworks into clear, actionable business insights.
3. Proactively manage the "information flow," ensuring that parent company queries regarding financial health, risk, and compliance are addressed with professional precision and speed.
4. Maintain a highly communicative and approachable demeanor. You must possess the emotional intelligence to handle interactions with senior executives while maintaining the Floraison reputation for excellence.
What We Are Looking For
1. Technical Expertise
- Experience: 3+ years in a professional services environment (CA firm or Consulting firm preferred).
- Software Proficiency: Hands-on experience with Tally, QuickBooks, or Zoho Books. Payroll software: GreytHR, KEKA & Advanced proficiency in MS Excel is mandatory.
- Knowledge: Deep understanding of Indian accounting standards, GST laws, and Income Tax provisions.
2. Essential Skills
- Client-First Mindset: Ability to manage multiple client engagements simultaneously while maintaining high service standards.
- Communication: Exceptional verbal and written English skills are required for interacting with global parent companies and local stakeholders.
- Analytical Thinking: Ability to assess the tax implications of business decisions and provide sound professional opinions.
Work Location: In person
