GMR Group Announcement Job Vacancies For Finance & Accouns

GMR Group Job Openings On 26/04/2023. GMR is an infrastructure Development Company founded in 1978 and headquartered in Bangalore . The Group is well diversified and professionally managed with ownership interests in Energy, Transportation and Manufacturing..Eligibility Criteria / Educational Qualification, Official Notification, Apply Online Form Link & Other Relevant Details for GMR Group Recruitment 2023 are provided below. Interested and eligible candidates can  submit application along with resume. 

Important Details :

• Location : Hyderabad
• No of Vacancies:01
• Details of Salary:Not Disclosed
• Experience:15-20 years
• Role: Head – Finance & Accounts
• Qualification:CA in Any Specialization

  Job description

  Job Purpose: Function as a Head at asset level and responsible for all F&A activities of Hyderabad Duty Free, Kannur Duty Free and Goa Duty Free Businesses. Responsible for tracking cash flows & financial planning, Analysis of expenditure and initiating necessary measures for cost optimization. Monitor Budgetary controls & ensuring compliance with financial regulations.

  Role & responsibilities

  Financial Closing of Books of Accounts and Audit thereof

  1. Compliance to Ind AS and IGAAP accounting standards.
  2. Reviews with Statutory Auditors on disclosures in financial statements and ensure nil qualifications in Audit Report.
  3. Coordination with teams and ensuring MIS on timely basis.
  4. Identify related party transactions and initiate necessary measures to keep the approvals in place.
  5. Adherence to SOP and DOP.

  Accounts Receivable Management:

  1. Ensuring no revenue leakages in the daily sales operations.
  2. Monitoring on timely billing of promotional claims and other reimbursements with accuracy on monthly basis.
  3. Continuous reviews on receivables ageing and follow up with the customers for any pending realizations.
  4. Periodic interaction with Group Companies on reconciliations and ensure debtors realizations on timely manner.

  Accounts Payable Management

  1. Ensuring timely payment to vendors, suppliers, service providers within the credit periods.
  2. 100% compliance to MSME Guidelines.
  3. Review of Expenses as per AOP and variance analysis thereof.
  4. Negotiate with Vendors on cost optimization based on real time data and Monitor tax deductions as per the laws.

  Tax Compliance

  1. Ensuring Filing of returns as per tax deadlines with accuracy and assessment
  2. Ensure compliance of TDS, GST provisions and filing of returns as per statutory due date.
  3. Review on replies to Departments queries and filing of appeal and appearing for appeal matters and co-ordination with advocates.
  4. Attend to personal hearings wherever required as per Corporate directions.
  5. Ensuring availment of Input Tax Credits (ITC) under GST laws in appropriate manner.
  6. Interact with Corporate Direct and Indirect tax teams for all the compliances of tax matters.

  Budgeting, MIS and Stakeholder Management:

  1. Review of AOP preparations and its detailed analysis.
  2. Review of MIS for Management with detailed analysis of revenue, expenditure and other financial parameters for effective decision-making.
  3. Flag the cross functional departments as and when there are any gaps in Actuals Vs Budgets.
  4. Demonstrate proactiveness with multiple stake holders i.e. Bankers, Suppliers, Customers, Tax Departments and Internal Stakeholders.

  Preferred candidate profile:

  • Qualified Chartered Accountant or Cost Accountant
  • Minimum 15-20 years of post-qualification experience
  • Good understanding of SAP ERP/ Navision/ Tally
  • Exposure to Ind AS Accounting standards
  • Sound knowledge on Direct and Indirect Tax laws
  • Effective communication skills and Analytical Ability
  • Have worked in ERP based accounting system
  • Experience of fairly handling large team and dealing with govt. agencies
  • Experience of working with Service or Retail Industry