Role Overview:
The Team Lead – General Accounting & Taxation will be responsible for overseeing and managing key accounting and taxation
functions within the Center of Excellence (COE). The role involves ensuring
accuracy in financial reporting, book closure, taxation compliance, and
leading the Indian accounting functions for Embark's clients. This
includes driving operational excellence, managing the team, and ensuring
compliance with Indian regulatory requirements.
Key Responsibilities:
1. Leadership of Accounting and Taxation Functions
• Lead and provide strategic direction for General
Accounting and Taxation functions.
• Drive standardization, process improvements, and best practices across all
accounting and tax-related processes.
• Monitor service delivery, ensuring high-quality outcomes across teams.
2. General Accounting (GAAP and Indian Accounting
Standards)
• Oversee the integrity and accuracy of General Ledger
(GL) entries across business units.
• Ensure timely posting, validation, and reconciliation of GL entries based on Indian
GAAP and Ind AS (Indian Accounting Standards).
• Review and ensure accounting treatments are aligned with Indian accounting
regulations and standards.
3. Month-End / Year-End Closing & Reporting
• Lead the month-end, quarter-end, and year-end financial
closing processes for clients.
• Ensure deadlines are met with accuracy and completeness, maintaining Indian
accounting standards.
• Coordinate cross-functional teams to resolve issues impacting the closing
process.
4. Taxation Compliance and Reporting
• Oversee compliance with Indian tax regulations,
including GST, Income Tax, and TDS (Tax Deducted at
Source).
• Ensure timely and accurate filing of tax returns and manage tax audits and assessments.
• Provide insights and recommendations to leadership on taxation-related
matters, ensuring alignment with Indian tax laws.
5. Financial Reporting & Management
• Prepare and review financial reports (MIS,
management reports, variance analysis, etc.).
• Ensure reports comply with Indian Accounting Standards (Ind AS) and
regulatory guidelines.
• Support leadership with insights, analytics, and actionable recommendations
based on financial data.
6. Reconciliations & Statutory Schedules
• Oversee the preparation and review of account
reconciliations, ensuring alignment with statutory requirements.
• Drive timely resolution of discrepancies and strengthen internal controls.
7. Financial Statements & Audit Support
• Oversee the preparation of standalone and consolidated
financial statements in line with Indian accounting standards.
• Coordinate with internal and external auditors for tax audits, statutory
audits, and internal audits.
• Ensure timely closure of audit queries and implementation of recommendations.
8. Compliance & Controls
• Ensure compliance with statutory, regulatory, and
tax-related requirements under Indian laws.
• Strengthen internal controls to mitigate risks and support ongoing risk
management initiatives.
• Stay updated on changes in Indian accounting standards, tax
regulations, and other relevant compliance requirements.
9. Team Management & Development
• Lead, mentor, and develop a multi-disciplinary finance
team specializing in accounting and taxation.
• Establish KPIs, provide performance feedback, and support professional
development of the team.
• Foster a culture of collaboration, accountability, and continuous
improvement within the team.
Requirements
Skills & Competencies:
• Strong technical knowledge in general accounting and taxation, especially in the Indian context.
• In-depth knowledge of Indian GAAP, Ind AS, GST, Income
Tax, and TDS.
• Hands-on experience in managing large-scale finance operations across
general accounting and taxation.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong communication and stakeholder management capabilities.
• Proven experience in leading teams and managing cross-functional projects.
Education & Experience:
• Mandatory: Chartered Accountant (CA) with a
focus on Indian taxation and Indian accounting standards.
• Preferred: Experience working in a Center of Excellence (COE) or Shared Services environment.
• Experience in managing diverse finance functions, including general
accounting and taxation, particularly under Indian regulations.