Manager - Accounting & Tax Compliance

Job Title

Manager - Accounting & Tax Compliance

Business

ENOC

Job Purpose

The job holder also plays a key role in controlling the day-to-day activities pertaining to financial accounting and reporting for ENOC Corporate and related SPVs including direct and indirect tax compliance and regulatory submissions. Providing a control conscious environment for appropriate governances HO and related entities. the job holder suppo1is the Head - Group External Reporting & Taxation in ensuring the safeguarding of all assets and identification liabilities and their valuations, reporting and presentation and disclosures. Working in for centre of excellence for financial reporting and taxes, the job holder will function so as to identify and promote practices which meet Group's commercial objectives and values.

Principal Accountabilities

Financial Accounting For Corporate & Other SPVs
Manage applicable financial accounting deliverable by controlling the maintenance of books of accounts and review monthly accounts upon closure as per agreed timelines.
Oversees and ensures preparation of periodic and year end GL schedules for all balance sheet items and reviews movement in P&L accounts.
Responsible for producing accurate and timely financial information as required by the management, Group, banks/financial institutions and governing bodies.
Responsible for preparation of financial statements, finalization of annual accounts, in accordance with the applicable IFRS and IAS in line with external reporting timelines.
Single point of co-ordination with the Group Financial Services (GFS) section heads for activities under purview of GFS by providing accounting advise on daily basis, monthly review all reconciliations and schedules prepared by SSC and suggest corrective actions.
Manage financial accounting and reporting deliverables by controlling maintenance of books of accounts of joint ventures and associates with responsibility to ensure proper periodical closure of books as per agreed timelines for rep01iing to JV/Associate management.
Adopt, implement and maintain compliance to Enviromnent Sustainability and Governance standards and disclosures in financial reporting for the assigned entities.
Tax Compliance
Undertake domestic compliance to VAT return submission and Corporate Tax return for the entities managed at the Corporate level.
Manage Tax Audits, Enquiries and Reviews as conducted by the Tax Authorities.
Handle tax queries raised from the Group entities and address appropriately.
Group Tax Management and Compliance Reporting
Review and endorse or otherwise suggest amendments to countty level processes and key controls across global operations in order to bring tax compliance risk to an acceptable level in line with Group's tax risk appetite.
Establish compliance and reporting as envisaged in the tax control framework and raise awareness to the relevant levels in the organisation.
Manage external consultants and ad hoc tax initiatives such as legal disputes, inquiry and submissions.

Additional Principal Accountabilities

Audit
Manages, by co-ordinating with external auditors and relevant inter and intra-departmental functions, provision of auditable information and other deliverables pertaining to interim, hard-close and final audits in line with Group / !CD reporting timelines and statuto,y audit requirements for the Corporate and relevant entities thereby ensuring timely completion of audits.
Review the financial statements, finalization of annual accounts, in accordance with the applicable IFRS and !AS and in line with external reporting timelines for Corporate and relevant entities.
Facilitate the resolution of strategic and key audit issues and conduct of Internal and Government Audit of the Corporate and relevant entities.

Treasury Management
Monitor closely from reporting and disclosure standpoint, the financing covenants relating to loans obtained from banks and other financial institutions thereby highlighting the any breaches for necessary regularisation for Corporate and relevant entities.

Systems Review
Identify system requirements for all concerned areas of the respective Corporate and relevant entities for system development.
Lead projects that require input and advice from Finance on accounting and tax and related domain.
Undertake User Acceptance Testing for the related systems developed and provide observations.

Due Diligence
Perform accounting and tax due diligence exercise with respect to potential mergers and acquisitions and
/or proposed restructuring scenarios for Corporate and relevant investments and acquisitions leads.
Manage and ensure that accounting due diligence is carried out in accordance with desired management objectives.

Special Assignments
Accomplish and complete all special projects/assignments set by respective Line Manager.

Experience

Minimum Requirements ( Knowledge, Skills and Experience)
Educational Qualification: Professional Qualification in finance (CA, ACCA, CPA, CMA)
Experience: 8 to 10 years of professional qualification.
System Skills: ERP system exposure, MS Office.
Inter Personal Skills: Very Good
Communication Skills: Very Good
Presentation Skills: Very Good
Leadership Skills: Good