Sr. Account Executive

Job Description

Job Purpose: Provide proper assist to supervisor on timely and accurate operation of accounting functions of the HO with-

• Planning and Target Setting: Define the targets according to the annual instructions and report the results. Delegate the sub-target setting to the reporting units or teams and follow-up the results. Make annual operational plan, headcount plan, budget (if delegated) and KPIs. Support and identify the Department level strategy, vision, mission, targets and KPIs within the delegated frame.
• People Management: Execute performance management process including target setting, follow up, evaluation, and development plans for employees. Ensure a fair and motivating compensation structure by proposing salary increments according to the annual instructions. Ensure continuous internal communication including regular meetings within the organization units. Propose (or decide if delegated) the needed recruitments. Act as role model in showing TS values and code of conduct principles in own behavior.
• Daily Management: Plan, organize, delegate and follow up work and duties. Secure proper working conditions, motivation and co-operation within the department and company. Ensure that employees have full understanding of company rules, regulations, values, processes and policies and follow-up employee behavior accordingly.
• Governance: Make decisions and proposals for decision in the frame of company governance model and authorizations. Perform any other reasonable duty assigned by senior management.

Jobs Responsibilities

Financial Accounting and Reporting

• Ensuring accounting of all expenses /provisions/sales invoices /purchase invoices on a regular basis so that monthly cut offs are adhered while preparing month end reports. Preparing monthly financial results i.e. Profit and Loss Account, Statement of financial position i.e. Balance Sheet and Cash Flow position i.e. Cash Flow Statement.
• Verification and reconciliation of all Ledgers related to Directors, Shareholders and related parties.
• Check the payment schedule prepared by the team and revert any suggestion. Co-ordinate to the entire department for information sharing or any issue solving process.
• Assist to generate Accurate and timely Accounting report with Monthly Closing of All accounts.
• Ensuring that capitalization of fixed assets is properly recorded/accounted for and reflected in the fixed assets register and checking of depreciation calculation.
• Managing Indirect Tax & Direct Tax related matters like TDS related matters, Monitoring Statutory Duties (TDS, Excise Duty, Service Tax etc.) and filing the return. Ensure the timely filing of E-TDS, tax rates used for all tax liabilities are current and proper amounts are collected or accrued. Administer the tax filing and payment of all local taxes in accordance with local tax regulations. Assist with all regulatory audits and resolution of all issues. Document tax-exempt transaction.
• Verification of VAT reconciliation and Excise reconciliation and timely reporting of reverse vat liabilities.
• Verify the monthly VAT returns or statement, Excise return or Statement on time.
• Prepare the bank payment plan by obtaining the data from the bank. Communicate to appropriate member in the team.
• Monitor the bank reconciliations and action on outstanding entries on weekly basis.
• Check and verify the cost sheet including landed cost prepared by the sub ordinates. Prepare Purchase reconciliation statement on periodic basis.
• Ensure that all modules of SAP have been implemented properly. Check the report generated, analyze it and communicate to Supervisor or Chief of Finance for the improvement in reporting format.
• Coordinate and produce all tax documentation as required. The role includes preparation of full audit document, Investigation document and other tax related document.
• Coordinate, manage and monitor the existing team members and advice for better efficiency in corporate office and factory office.
• Supervision and tracking the performance of finance and account team and guide them consistently to meet targets.
• Department Head, Managing Director may assign specific assignment on need basis.
• Provide information and document to the internal auditor and external auditor as and when required.
• The job description may be revised on need basis. This will be informed prior.

Experience and Qualification:

• MBA/MBS Completed
• 3+ Years of Experience in the relevant field
• Proficiency in the MS Office Package
• Good Knowledge of Accounting ERP Software.