Chief Finance Officer (Maharashtra)
#OmAccounting.in #GstAccounting #GstReturns #accountingServices #accountingOutsoucing #onlineAccounting #gstecommerceaccounting
Puneet Developers – Date posted: 24 Oct 2018
Preparing error free and relevant documentation required for raising funds
Collecting and Preparing data required for CMA Report. Compilation of all the Loan Documents as per the Requirements & terms of Loan of Prime Company with all the Associated Concerns. Arranging Site visits for the External Parties at the Project Site Location for Preliminary review. Preparation of All the Reporting Compliances Monthly / Quarterly Compliances of Financial Institutions / Banks / Credit Rating etc. (CA Certificate, Chartered Engineer Certificate, and Progress Information Report etc.) in regards with the Loan Post Disbursement Compliances.
Raising Finance from Banks/Financial Institutions and its reporting compliances
Dealing & Liaisoning with the Bank / Finance Institutions for the existing credit facilities, further credit facilities for the future expansions of the group • Preparation of CMA Report + Progress Report + Cash Flow Projections for the loan proposals based upon the Construction Expenses Cycle & the Repayment Schedules & Project Implementation Status. Compilation of all the Loan Documents as per the Requirements & terms of Loan of Prime Company with all the Associated Concerns.
Taking the External Credit Rating for the Proposals. Arranging Site visits for the External Parties at the Project Site Location for Preliminary review. Take Insurance Coverage’s for all the Loan Collateral Properties & getting the Mortgages done. Checking and verifying all the Reporting Compliances Monthly / Quarterly Compliances of Financial Institutions / Banks / Credit Rating etc. (CA Certificate, Chartered Engineer Certificate, and Progress Information Report etc.) in regards with the Loan Post Disbursement Compliances.
Fund flow management
Arrangement of Funds for group’s working capital requirement and payment to suppliers & contractors. Management of Cash Flow & Fund Flow.
Notice, Scrutiny and Assessments of revenue Dept.
Preparation and Submission of reports before due date specified in notice/letter of respective department. Accounts
General Accounting (Accounts Payable & Record Keeping)
• Compiles financial information to prepare entries to accounts, such as general ledger accounts, bank reconciliation. • Ensures timely entries to ensure real time updation of Books of accounts in ERP, accuracy and right booking. • Books billing / payments /expenses/ revenue / profit and project completion according to company codes. • Consolidates group company’s accounts and completes Quarterly / half yearly / annual book closing activities. • Ensures adherence to accounting guidelines. • Approving of Contract Bills, Purchase and Expense Bills with regards to Tax validity and Service Tax, VAT & TDS liability on weekly basis. • Approving Party Payments with regards to Due Dates, Work Status at Site and Project Manager Consent on weekly basis.
Statutory Payments and Filing of Returns
• Verification of Service Tax & Vat liabilities statement & organize payments as per due date. • Verification of TDS deducted and organize payments as per due date. • Filing of TDS returns. • Verification and Issue of TDS certificates. • Statutory Payment i.e. Income Tax/service tax/sales tax/Wealth Tax before due date.
Finalization of Accounts
• Preparation of P/L account & balance sheet at the end of quarter/half yearly/financial year. • Consolidation of Books of Accounts.
Scrutiny of Accounts and Reconciliation
• Preparation and Submission of Monthly Bank Reconciliation Report before 15th of end of the month. • Balancing &scrutinizing the ledgers. 9. Handling Audits • Co-ordination with External Auditors & providing all necessary details for Audit & Routine Matters. • Co-ordination with Internal Auditor & providing all necessary details for Audit & Routine Matters. • Attend to Statutory and Tax Auditor for Carrying Audit & preparation of Audit Schedules. • Common 10. MIS-Finance & Accounts • Costing / Budgeting & all MIS to the Management • Prepares MIS report for all group companies on a weekly , quarterly and monthly basis
Team Management
• Guide / Monitor / Coach / Motivate team to either achieve or over achieve individual & team targets. • Identify specific training need for the team and arrange for training in coordination with HR…
Source: Careesma