DGM - Finance

Job Responsibilties:

MIS and Reporting work

MIS and reporting 28th 3rd/4th of the month.

CBE finalization on the monthly basis.

Guidance on entries like transfer of assets, capitalization of assets.

Understanding on IND AS provision, Inventory reconciliation, reconciling the lifetime PAT to ensure accuracy of financials.

Review of PL and BS for all projects

Financials finalizations and audit coordination.

Income Tax

Actively involved in the South Zone deals due diligences and evaluation.

Annual income tax returns with computations and basis of preparation

Litigation Representation :

Ongoing assessment proceedings and appellate stage representations notices are received from department on frequent basis and therefore we have ongoing representations to be made to authority at various stages. Separately, there are rectification proceedings ongoing where we disagree with tds short credit/ other adjustments made by the auditor. Also, 133(6) notices are received and replied to as and when they are served.

Annual Tax Audit Compliance of 5-6 entities and ensuring timely filing of the same

Annual RBI FLA returns and Direct Tax Form 61A filings with tax department

Advance tax computations for all the quarters. More emphasis in March where workings are computed twice (on 15th and 30th). Self-Assessment tax workings in April following the year end to discharge majority tax.

Monthly TDS/ TCS compliances (194-IA and others) and Quarterly TDS/ TCS return filing. TDS expense reco review and Form 26AS reviews at frequent intervals.

Automation process we have tax litigation tracker automation ongoing since a long time (2022).

Ongoing tds and other tax query management

Form 26QB correction requests and other assistance to CRM team on need basis

TDS defaults corrections wherever applicable

GST

Reconcialtion of Tax GLs on monthly basis - Output and Input GLs

Providing monthly data to statutory auditors along with the reconilation of GLs

Maintaining Litigation Tracker - Contingent Liability on monthly basis for reporting to the auditors as well as management

Reply to notices such as Form ADT01, ASMT10, DRC01A, DRC01B, DRC01C, SCN, DRC13, clarifications, endorsment notices for the GST Cases

Reply to the SCN notices, VAT and service tax refunds for the earlier regime cases

Reply to the investigations, DGGI and other departmental submission

+D19 regular meeting with the GST officers for the closure of notices issued to the company

Review of new land deals from the indirect taxes point of view and ensuring the necessary clauses are captured in the deal to safeguard the company on Section 81 like review of financials of Land owner, obtaining the CA certificate and submitting the Section 81 letters along with the reminder letters to the GST Department

Treasury

RERA Audit

Monitoring data to HO for CMA Report & Credit Rating Analysis

Monitoring Account Opening for New projects

Monitoring of BD Fund Arrangements

LEI Certificate Renewal for SZ entities

Monitoring RERA Limit Summary & Evaluating between Old & New methods

Arranging loan for LLPs from external/internal source

Daily Monitoring of Funds