British CouncilHiring for Senior Manager Corporate Finance at Noida, Uttar Pradesh Full Time

Location: Noida, South Asia, IN

Company: British Council

The British Council builds connections, understanding and trust between people in the UK and other countries through arts and culture, education and the English language.

We work in two ways – directly with individuals to transform their lives, and with governments and partners to make a bigger difference for the longer term, creating benefit for millions of people all over the world. We help young people to gain the skills, confidence and connections they are looking for to realise their potential and to participate in strong and inclusive communities. We support them to learn English, to get a high-quality education and to gain internationally recognised qualifications. Our work in arts and culture stimulates creative expression and exchange and nurtures creative enterprise. We connect the best of the UK with the world and the best of the world with the UK.

These connections lead to an understanding of each other’s strengths and of the challenges and values that we share. This builds trust between people in the UK and other nations which endures even when official relations may be strained. We work on the ground in more than 100 countries. In 2019-20 we connected with 80 million people directly and with 791 million overall, including online and through our broadcasts and publications.

Job Title: Senior Manager – Finance & Accounts

Purpose of job:
The Senior Manager Finance & Accounts Manager supports the Finance Controller in departmental strategic decision making and policy formation in order to maintain a high performing department and build a high-achieving team.

Role context

This role supports the day to day operations of the India SSC and does not have line management responsibility for finance and accounting service delivery to internal customers across the British Council.

Main opportunities/challenges for this role

Accountabilities, responsibilities and main duties:
Responsible for end to end accounting activities including Accounts Payables, Receivables, General Ledger Accounting, Purchase and Sales transactions, Reconciliation of Accounts, statutory compliances and support in Finalization of Finance & Accounts

Perform duties related to Treasury, Fixed Assets, Taxation, Payroll, MIS, Audit Management

Build internal controls over various activities undertaken within the accounting and finance functions.

Ensuring integrity and completeness of financial records & compliance with financial control standard

Preparation and updating policies and process for various accounting, reporting and compliance activities

Providing technical support on accounting and tax issues

Ensuring all internal & external compliances is met in time along with reviewing of trackers for all compliances on monthly basis

Training the new starters in the team and providing direction to guide them on day to day basis

Duties & Responsibilities

Budgeting and Decision Support

Responsible for planning, preparation and monitoring of SSC budgets and forecasts in line with organisational timetable

Responsible for providing all business analytics and cost / performance reporting for the India SSC operations.

Preparation & Submission of rollover forecast for remaining months

Development and quality review of capital investment proposals for the India SSC.

Tax and Regulatory Compliance

Responsible for accurately / correctly completing, filing, maintaining and safeguarding all statutory and regulatory documentation related to the SSC.

Responsible for ensuring correct and timely submission of tax returns for Corporate Tax/ Service Tax/ Withholding tax and all other tax related documentation in relation to Group requirements

Responsible for managing all statutory and regulatory audits of the SSC in line with the country regulations and IAS 16

Developing appropriate systems/process to track refunds/ensure visibility on taxes paid/tax liabilities

Provide guidance on payroll/compensation tax issues.

Manage inter-company billing arrangements for the SSC.

Funds Management/Cash Flows and Bank relationship

Responsible for ensuring submissions of monthly cash flow forecasts

Manage and maintain relationship with Bankers and UK treasury

MIS & Reporting

Preparation of the monthly performance dashboards including analysis of budget v/s actual expenses, analysis of forecast v/s actual expenses

Preparation of financial details for meetings with directors and other review meetings

Finalize monthly and quarterly results, balance sheet, profit & loss account for management reporting

Accounts & Finance

Responsible for month end book closing for the entity, up to date maintenance of P&L and Balance Sheet schedules, GL and vendor reconciliations

Preparation of monthly, quarterly and annual financial statements, schedules including cash flow

Responsible for reporting of Financial Statement as per IGAAP

Supervise and monitor the receivables and payables situation to achieve appropriate working capital levels and monitor cash flows, bank accounts

Supervise all regular accounting processes such as A/P and Journal Entries plus monthly closure accounts

Taxation

Ensuring queries/ demands/ notices from the Department are responded as per timelines

Ensuring compliances as to Transfer Pricing requirement for TP study and TP audit

Review and manage tax compliances for the entity (Corporate Tax, WHT, GST Employee Social Security)

Ensuring Statutory Compliances with respect to payroll, TDS, Service Tax, VAT, Workers Contract Tax

Coordination with the UK tax team for all inter-company queries and clarification

Maintaining regular updates on all changes in the tax laws and their application on the company

Managing Corporate Taxation and other tax matters along with Consultants & Lawyers, RBI Reporting for foreign remittances and Company Secretarial compliances

Ensuring monthly Computation of TDS, Service Tax, VAT, WCT & Filing of Quarterly TDS Return, VAT Return, WCT Return Half yearly Service Tax Return

Audits

Co-ordination with Statutory and Internal Auditors, Bankers and global counterparts

Provide support to auxiliary schedules for auditing purposes

Treasury

Ensuring booking and meeting the foreign exchange requirements

Ensuring daily, weekly and monthly bank reconciliations are prepared

Fixed Assets

Ensure accurate accounting of fixed assets as per local laws and compliance with global policies

Ensure annual physical verification

Responsible for maintaining and managing Fixed Assets and related MIS

People Management

Line manage 8-10 resources

Ensure team is motivated through training, carrer progression, etc.

Qualifications

6-8 years of post-qualification experience (CA)

Role specific knowledge and experience

Statutory & Tax Compliances

Tax and Legal Matters

Further Information

Pay Band – 8

Contract Type – IDC

Department/Country- General Management/ India – Noida

Closing Date (Time) – 2nd Feb 22 (IST -23:59)

A connected and trusted UK in a more connected and trusted world.

Equality , Diversity, and Inclusion (EDI) Statement

The British Council is committed to policies and practices of equality, diversity and inclusion across everything we do. We support all staff to make sure their behaviour is consistent with this commitment. We want to address under representation and encourage applicants from under-represented groups, in particular, but not exclusively, on grounds of ethnicity and disability. All disabled applicants who meet the essential criteria are guaranteed an interview and we have Disability Confident Employer Status. We welcome discussions about specific requirements or adjustments to enable participation and engagement in our work and activities.

The British Council is committed to safeguarding children, young people and adults who we work with.

We believe that all children and adults everywhere in the world deserve to live in safe environments and have the right to be protected from all forms of abuse, maltreatment and exploitation as set out in article 19, UNCRC (United Nations Convention on the Rights of the Child) 1989.

Appointment to positions where there is direct involvement with vulnerable groups will be dependent on thorough checks being completed; these will include qualification checks, reference checks, identity & criminal record checks in line with legal requirements and with the British Council’s Safeguarding policies for Adults and Children.

If you have any problems with your application please email askhr@britishcouncil.org

Please note: Applications to this role can only be considered when made through the Apply section of our careers website. Our ‘ASK HR’ email is only to be used in case of a technical issue encountered when applying through the careers website. Emails with supporting statements and CV/Resumes sent to this email address will not be reviewed and will be deleted.