Assistant Manager Finance

Assistant Manager– Finance

Job Title:

Assistant Manager

Function:

Finance

 

Name of Job Holder:

 

Location:

Hyderabad

Reports to position:

Senior Associate/Associate Director Finance

Band:

A4

Reportees to Position:

None

 

 

Job Purpose

Handling of Statutory compliances, both direct and indirect taxes.

Monthly filing of all GST returns of all the locations, compiling monthly payment details of all TDS, Quarterly Filing of TDS Returns, Annual Filing of GST Returns and any other statutory compliances. Review and updating the SAP whenever there are any amendments in GST law for accurate accounting and invoice generations.

 

Job  Outline

At ISB, Finance plays a key role in controlling and managing the financials of the institute. The department also handles all the legal matters as well as all aspects related to statutory compliances.

 

The jobholder as Assistant/Manager Finance reports to Senior Associate Director/Associate Director and performs a set of responsibilities which enables timely and accurate  compiling the data, reviewing with our SAP records and accounting GST entries , generating and accounting of student debit notes, generating invoices and accounting , coordinating with other team members for compiling the data, reviewing regularly Input Credit of GST, and reconciling with books, and follow up with vendors who have not filed timely GST returns. Also regularly reviewing in SAP all the records of GST E invoicing and making necessary corrections in system coordinating with SAP consultants as per latest amendments.

Monthly review of TDS Payable and providing the details to reporting manger for timely payments of Taxes to Government.

The job holder needs to ensure that established processes related to accounting of GST and TDS are followed for all transactions and are in adherence to the school’s requirements.

 

While executing the job the job holder needs to respond to the queries, clarify doubts to the staff with regards to GST and TDS  . S/he needs to also provide necessary information when sought for to the other departments and to Govt Authorities. Further as and when required s/he needs to provide support and assistance to the team members.

 

Job Specification

Knowledge / Education

Specific Skills

Desirable Experience

CA/CWA (Final or Inter)/Post Graduation with relevant experience

Interpersonal Skill, Good communication skills, Sound accounting knowledge, Coordination Skills, Follow Up, Attention to Details, Time Management, SAP, MS Office

2 to 4 years

Job Interface/Relationships:

Internal

External

  • Employees, intra department team members.
  • Government Authorities and Consultants

S.N

Key Responsibilities

% Time Spent

1

Review, Reconciliation and filing of Monthly, and Annual GST Compliances of the registrations/locations

45%

2

Review, Reconciliation, remittance of Monthly TDS, and compilation of data for Filing of Quarterly Returns and responding to the queries of vendors with respect to Form 16 A

30%

3

Accounting of GST setoff entries, review and reconciliation of GST Input Credit and coordinating with Vendors for timely filing of GST Returns by vendors

15%

4

Providing timely information, responding to the queries from Government Authorities and also to Internal stake holders

10%

 

Total Time Spent on All Responsibilities

100%

SN

Key Result Area

Key Performance Indicator

Measure

Weightage

1

Maintain Books of accounts

§ Maintain Error free book of accounts

§ Accurate and timely updation of records

§ Compliance with accounting standards

§ Accuracy and correctness of the books of account

§ Meeting timeline

§ Compliance with the procedures

80 %

2

Addressing queries of other departments

§ Two way timely communication with accuracy and correctness of data

§ Accuracy

§ Meeting timeline

§ Number of queries on daily basis

20%

Any Other Significant Input

 

 

 

Person who has hand of experience in visiting Government Authorities and providing responses timely to the authorities would be added advantage.

 

 

 

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0172 4591800

Timings

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