Asst Company Secretary cum Finance Executive - CRD/2330 - Kondhapuri

Part of renowned German MNC, geared to start local production of stainless
steel brewing vessels and tanks with European engineering, is looking for :

Post : Asst. Company Secretary cum Finance Executive - CRD/2330
Location : Kondhapuri (Pune - Nagar Road) Approximately 35 km from Pune Station.
Qualifications : Company Secretary (CS), LLB, CA qualifications preferred.

Experience : 5 to 6 years of experience.

Job description :

- To undertake secretarial and legal activities of Company.
- Ensuring accurate accounting as per Indian GAAP and IFRS.
- Ensuring that all reporting is made on a correct and timely basis.
- Ensuring proper compliance of Income Tax Act - Corporate and related to
TDS (With holding Tax), Sales Tax laws including VAT audit, compliance of
Service Tax laws.

Major Activities / Principal Accountabilities

1) Accounting :

- Ensuring that all transactions are recorded on a daily basis in the
most efficient manner in Tally accounting system at present and in ERP in
future.
- Preparation of Balance sheet and Profit and loss account on a monthly
basis after following Indian GAAP.
- Checking of correct allocation of Cost Centre / Profit Centre codes for
all transactions.
- Verification of entries for customs duty draw back and follow-up for
recovery.
- Verification of correct accounting of fixed assets and WIP on an
ongoing basis as per Indian GAAP and IFRS. This includes disposals too.
- Ensuring accounting of taxes and records maintenance in compliance with
statutory regulations and Indian GAAP.
- Ensuring overall accuracy of estimates and provisions made for
financial reporting.
- Ensuring that periodic cut off procedures are followed properly for
financial reporting.

2) Finance :

- Systematic and complete compliance of all FEMA and RBI requirements.
- Providing information regarding transactions to RBI and Banks
- Recovery of dues from customers - Follow-up with Sales team and
Customer Accounts dept.

3) Preparation of MIS (Reporting) :

- Preparation of P&L and BS as per IFRS on a monthly basis.
- Preparing information for Reporting and for Key Performance Indicators
(KPI) files.

Statutory Compliances:

1) Company Secretarial :

- Preparation and compliances of all matters under Company law, e.g.
Issue of share capital, Board meetings, Annual and Extraordinary General
Meetings, issue of share capital, audited accounts, annual returns, etc.
- Maintenance of books and records statutorily required under Company
law.
- Liaison with Registrar of Companies and other statutory bodies.

2) Central Sales Tax / VAT :

- Verification of monthly data for preparation of Sales Tax / VAT Returns
and preparation of periodic Return.
- Liaison with consultant to ensure correctness and completeness of the
Returns.
- Reconciling the figures in Sales tax Summary with Ledger Accounts.
- Preparation of various information required for personal hearings
during Sales Tax assessments.
- Attendance of personal hearing for Sales Tax assessments.
- Preparation of documents for VAT audit and providing information
required by the auditors for timely completion of audit
- Ensuring proper interpretation of Central Sales Tax and VAT regulations
to ensure that all available benefits are availed in the interests of the
company.
- Providing Central Sales Tax and VAT related guidance and
interpretations to Sales and purchase departments.

3) Income Tax :

- Preparation of information for Income Tax Audit and verification of
that prepared by others.
- Prepare information and filing of Corporate Income Tax return.
- Prepare various details for income tax assessment / hearings.
- Ensuring that TDS related laws are fully and correctly complied with on
a timely basis
- Calculation and payment of fringe benefit tax and preparation and
filling of annual return.
- Ensuring that all applicable laws regarding withholding tax are
complied with.

Skills And Knowledge :

- Indian GAAP - Working knowledge
- Indian Income tax law - working knowledge
- Central Sales Act and VAT - working knowledge/Fresh
- ERP systems - Working knowledge
- Service tax Act - working knowledge / Fresh
- Banking related regulations - Reasonable level
- Other related commercial laws - Reasonable high levels.
- Basic accounting background with clear basic knowledge

Company's Profile : Renowned German MNC, geared to start local production
in india with European engineering. The new company has been headquartered
in Pune and is a 100 percent subsidiary of the German MNC. This group, with
150 years experience and more than 1,000 employees worldwide is pioneer
and leader in the industry and engaged in the design, manufacture,
implementation and project management in the brewing industry.The course is
set and the senior management are on the starting blocks. After the setting
up of the company, work is now to commence on the production site in Pune.
This is where stainless steel brewing vessels and tanks are to be
manufactured to the accustomed and world famous quality standards. The
production launch is planned for the spring of 2008. The company is
offering the combination of European engineering know-how and low-cost local
production", explained Managing Director for sales and marketing of the
group. For company's customers this means state-of-the- art brewing plant
technology and highest quality standards with optimized investment costs.The
new company in India has already started getting orders. A very renowned
group has already placed two orders with this company for the design and
construction of turnkey plants in India. The new plants are planned for
Sonipat, a town in the Indian state of Haryana, and near the mega-city
Bengaluru (the former Bangalore). These brewing plants are designed for an
annual output of around 1 million hectoliters to begin with. An expansion to
2 million hectoliters per annum each, is planned. Company which has placed
order is relying on mash-filter technology in India as well and has ordered
two TCM thin-layer chamber mash filters from this company. The plants are
designed for 12 brews per day and 650 hl of cast wort per brew.
Interested Candidates can send their resume
 with current salary and subject "Asst Company Secretary cum Finance
Executive - CRD/2330" at the earliest.

If you know someone with the above profile, please suggest him / her to send
his / her resume
with the above details. You may forward this e-mail to your friends,
relatives, colleagues who may be interested for the above job-opportunity.

Thanks and regards,

M. R. Singhal
Management & Placement Consultant
Centre for Right Direction,
24, Niyoshi Park-2,
Sanghvi Nagar, Aundh,
Pune-411007, India
Phone : 020-25888757 / 25880170
Fax : 020-25888757