About this role
Ensure timely tax submissions
Ensure timely payment of statutory payments and compliance like TDS, GST, quarterly advance tax.
Ensure TDS Compliance and quarterly TDS Return filing on time.
Ensure GST compliance and monthly return filing on time.
Ensure GST records adequately stored and managed
Handling GST inspectors and providing information to them.
Handling TDS, GST and Tax queries from authorities.
Closely working with Group tax team
Closely working with Branch Admin and PICGC teams
Ensuring timely in Vendor payments and reimbursement
Ensure correct booking of expenses cost center wise and FA
Ensure month end closure activities including provisions, amortization, depreciation, and capitalization of FA.
Assisting in annual closure and audit to team.
Optimizing vendor processes and enhancing internal controls, renowned for driving significant cost savings and improving vendor relationships.
Assist in preparation and submission of regulatory returns including managing Risk Based Supervision (RBS) which determines the Bank’s rating from regulatory perspective in absence of AVP Finance
- MIS
- Ensure timely and accurate preparation and publishing MIS to management and business team.
- Reporting to RBI and HO
- Ensure timely and accurate preparation and submission of Returns to RBI and other regulators
- Adherence to the calendar for submission of Returns
- Taxation
- Direct Tax
- Ensure timely and accurate preparation and submission of E TDS return and issuing quarterly TDS certificate to vendor and customers.
- Indirect Tax
- Ensure timely submission of GST and MCR returns by consultants and it accuracy.
- Vendor payments, staff reimbursement, provisioning, expenses booking and accounting
- Ensure timely payment to vendor and staff for reimbursements
- Accurate accounting of payment and expenses
- Compliance with TDS deduction and booking of Cenvat credit for GST
- Ensuring /computing adequate provision of expenses, loan and other on monthly basis and accounting of the same.
- Computing amortization of income and expenses on monthly basis and accounting of the same as per SOP.
- Fixed assets accounting and depreciation.
- Timely Accounting fixed assets as per the fixed assets policy
- Computing depreciation on monthly basis as per policy and accounting the same. (including amortization of intangible assets)
- Any other
- Ensure timely payment of statutory dues.
- Assistant Manager finance in delivering his responsibility.
- Interacting with stakeholder, vendor and auditor for their requirements.
- Sound accounting and tax knowledge
- Proficiency in Windows/Excel and all other computer applications as required for handling the finance and tax functions.
- Need to be good in working on numbers and interpretation of tax laws.
- Should be proficient in Financial Sector accounting and all other statutory requirements.
- Analytical and logical thinking, effective verbal and written communication/presentation skills, highly systematic and organized working style.
- Ability to act as a back-up for Manager - Finance & Accounts.