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Main Purpose
Perform a variety of accounting activities in accordance with accounting principles and standards to control the organization’s financial resources and ensure that it complies with all relevant regulations, laws, and reporting requirements. Follow established procedures and guidelines to accurately maintain the organization’s financial records and transactions.
Knowledge Skills and Abilities, Key Responsibilities
Key Responsibilities
The below is expected form the incumbent , but not limited to :
• Check and analyze financial information and prepare financial reports and accounting statements so that senior management has accurate and timely information for making financial decisions.
• Coordinate the issuance of monthly reports and financial reports such as: Income Statement, Balance Sheet, Account Consolidation, T tables, Cash Flows, Consolidation of Tangible and Intangible Assets, Weekly and Monthly Margins, Inventories Reconciliations, Debtor and Creditor lists, Budget Reports, Investments Projects Control, Approvals according to DOA and Revisions of Payments to Suppliers.
• Prepare reports weekly, monthly, and annually. Assist in development of budget. Perform and review account reconciliations.
• Schedule monthly tax payments, VAT (with the monthly sales and purchases records), Income Tax withholdings, payments on account, and payment of the annual determination of the amount to be paid.
• Weekly tax distribution.
• Ensure all tax obligations are met.
• Keep control of such legal books and records of accounts as: General Ledger, Sales Records, Purchases Records, Inventory, Annual affixing of the required tax stamps to books.
• Coordinate, monitor, and execute independent audits, provide all necessary information for compliance on deadlines. Work closely with independent auditors during and preparing schedules for the annual audit.
• Revise the computation of employment termination payments.
• Manages the accounts receivable, accounts payable and general accounting functionsx`.
• Preparation of the Annual Financial Report including financial statements, notes, supporting schedules, transmittal letter and statistical information.
• Train, test and ensure the integrity of the financial system (controls and technology). Train, test and maintain the financial software system and ensure its integrity.
• Attend meetings and participate on behalf of finance when needed.
Requirements
Experience
• Undergraduate degree in Accounting or Finance with minimum 7 years of experience in a similar role in an industrial business
• up to 2 years of supervisory experience
• Oil industry experience is preferred
• CPA or a Post Graduate degree in accounting is preferred
• Experience in preparing budgets
• Familiarity with Sun Systems; Hyperion; Vision; Office; Advanced Excel; Database Management.
Skills
• Accounting Knowledge
• Knowledge of applicable local laws, codes and regulations
• Ability to compile, analyze data and prepare complex financial reports and statements
• Knowledge of Microsoft Office
• Fluent in English (other languages will be a plus)
• Technology savvy
Competencies
• Ability to prioritize and schedule work; meet multiple deadlines,
• Excellent communication and good organizational skills
• Demonstrated ability to work on multiple projects in a high stress environment.
• Key Relationships and Department Overview:
• Internal: Finance Managers, Controller & Financial Manager, Treasury Manager, Planning Manager, Chief
• Accountants, Finance Analyst, Shared Services Team in Mumbai
• External – Internal/External Auditors, Tax Firms