Job Vacancy in a Real Estate Company at Mumbai Location for Chartered Accountants having 8 to 12 Years of Experience for the post of DGM- Accounts and Finance.
Duties & Responsibilities
He/he will be directly responsible for the overall finance & Accounts function of the. He/she will work closely with the CFO on the standardization and setting up of SOPs (Accounts and Finance) for the IC & IC business. In addition, he/she will be responsible for-
-Finalization of accounts of MWCJL and ICPL
-Attending to queries of statutory and internal auditors
-Continuous review of accounting treatment and closure process for improvements/better compliance
-Responsible for cost accounting of the companies
-Preparation of audit committee presentations, board presentations etc w.r.t financial on quarterly, half yearly and annual basis.
-Ensuring compliance with Accounting Standards, Guidance Notes and other regulations like ICAI, Income-tax, SEBI, RBI, industry specific (RERA) if any
-Managing various audits for both the companies
-Ensuring 100% compliance with tax laws for both direct and indirect tax laws
-Oversees filing of returns and attending tax authorities for assessments and appeals
-Efficient tax planning to minimize the tax outflow
-Knowledge and exposure to GST related law and its compliance
-Budgeting, forecasting, cost & credit control, marginal analysis, costing & profitability analysis and management reporting
-Preparation and submission of applications to financial institutions for financial assistance in form of term loans, short term deposits and timely follow up for necessary sanctions, documentations and disbursements
-Working capital management
–Cash flow management and Treasury management
-Strengthen Internal Controls to enhance governance framework streamline/ standardize controls and plug leakages/ potential frauds.
-Establish effective corporate MIS and tracker for KPIs
-Providing Monthly / Quarterly MIS on P&L and Balance Sheet to provide more insight for Management Analysis, including comparison against budgets.-Set up SOPs for new areas of business / changes in business framework to ensure necessary effective controls.
-Support to SAP developments / automation required for Business
-Involved in formulation of various systems, policies, procedures, commensurate with the need of the company
-Involved in Financial projections of collaborations / joint ventures envisaged
-Mentoring and Guiding team members to enable them to handle their respective areas independently over a period
Desired skills
-Strong experience in financial analysis, budgeting, forecasting, management reporting, business planning and Taxations
-Effective presentation, analytical and communications skills
-Smart, Confident, Self – driven and dynamic leadership skills
-Ability to work autonomously on multiple projects and associated deliverables
-Team player
Contact Person- Purva Mittal, Contact No: 022-28855160, +91-9170955555 , Email: cv@ejobocean.com
The TaurusShort trm fund NAV had shrunk due to default by a company.Now Taurus MF is able to recover the money and is distributing the same to affected investors.
My question is as to this amount has to be adjusted by the investor in their IT returns-Is it capital or capital gain?