Position Summary

The Assistant Manager – Finance is responsible for managing India finance operations, statutory compliance, foreign remittance reporting, accounting, banking, audit support, and management reporting for Assent’s India entity.

The ideal candidate will have strong working knowledge of Indian accounting, GST, TDS, income tax, payroll-related statutory compliance, Companies Act coordination, FEMA-related processes, FIRC/eBRC/EDPMS/SOFTEX support, audit coordination, and internal controls. The role requires collaboration with Assent’s global Finance team, India leadership, Employee Experience, Legal, external consultants, auditors, banks, company secretary, and other stakeholders to ensure timely compliance, accurate reporting, and strong process ownership.

Key Requirements & Responsibilities

 

India Compliance, Tax & Statutory Reporting

• Own and maintain the India compliance calendar covering GST, TDS, payroll taxes, PF, Professional Tax, Companies Act, ROC/MCA, RBI/FEMA, tax audit, statutory audit, transfer pricing, and other applicable requirements.

• Coordinate timely calculation, review, payment, and documentation of statutory dues, including GST, TDS, Professional Tax, PF, advance tax, and other statutory payments.

• Support GST compliance, including liability computation, return filing coordination, input tax credit review, GST reconciliations, e-invoicing support, and audit documentation.

• Support TDS and income tax compliance, including TDS applicability review, withholding tax remittance, TDS return filing coordination, advance tax support, tax audit schedules, and consultant query resolution.

• Coordinate Companies Act and secretarial compliance with company secretary or external consultants, including ROC/MCA due dates, board/AGM documentation, annual filings, director KYC, statutory records, and finance-related inputs.

• Review compliance outputs prepared by external consultants or service providers to ensure accuracy, completeness, timeliness, and audit readiness.

Foreign Remittance, FEMA & Banking Compliance

• Manage documentation and compliance support for foreign remittances, foreign currency receivables/payables, cross-border payments, and overseas vendor payments.

• Coordinate with banks, consultants, and internal stakeholders for Form 15CA/15CB, withholding tax evaluation, purpose code classification, FIRC, eBRC, EDPMS, SOFTEX, RBI/FEMA-related documentation, and other remittance requirements.

• Maintain trackers for foreign remittances, FIRC, eBRC, EDPMS, SOFTEX, withholding tax positions, bank submissions, export realization, and open regulatory items.

• Ensure foreign currency transactions are supported by appropriate invoices, agreements, approvals, tax documentation, bank records, and regulatory evidence.

• Support banking compliance related to foreign inward remittances, export realization, bank balance confirmations, authorized signatory confirmations, and other bank documentation.

• Identify and escalate compliance risks related to foreign payments, realization timelines, documentation gaps, tax withholding, or FEMA/RBI requirements.

Accounting Operations, Month-End Close & Reporting

• Maintain accurate books of accounts for the India entity and support day-to-day accounting entries, reconciliations, and month-end close activities.

• Record or review accruals, prepayments, depreciation, foreign exchange revaluation, intercompany entries, statutory liabilities, payroll-related entries, and other month-end adjustments.

• Prepare and review bank reconciliations, balance sheet reconciliations, statutory liability reconciliations, GST/TDS reconciliations, payroll-related reconciliations, and other finance schedules.

• Support AP and vendor payment activities, including vendor master review, invoice verification, approval validation, tax treatment, GST/TDS applicability, payment proposals, vendor reconciliations, and open item follow-up.

• Support intercompany accounting, including intercompany invoicing, transfer pricing markup support, AR tracking, receipt reconciliation, transfer pricing documentation, and coordination with global Finance and tax teams.

• Maintain the fixed asset register and support asset capitalization, tagging, depreciation, retirements, disposals, physical verification, and related reporting.

• Prepare monthly MIS reports, cost analysis, cash requirement updates, statutory obligation summaries, reconciliation reports, and management reporting required by Assent leadership or global Finance.

Audit, Controls & Process Improvement

• Coordinate statutory audit, tax audit, transfer pricing audit, internal audit, and other applicable audits, including audit schedules, supporting documentation, balance confirmations, financial statements, and auditor query responses.

• Maintain audit-ready files for GST, TDS, income tax, payroll statutory compliance, foreign remittances, FEMA/RBI support, bank reconciliations, vendor payments, expenses, intercompany balances, and balance sheet accounts.

• Track audit open items and ensure timely closure within statutory and internal deadlines.

• Support documentation, standardization, and transition of selected India finance activities from external service providers to improve internal ownership, controls, and audit readiness.

• Create SOPs, checklists, trackers, and maker-checker workflows for recurring finance and compliance activities.

• Identify activities that can be managed internally versus those requiring specialist consultant support due to technical, legal, statutory, or regulatory complexity.

• Improve internal controls, documentation discipline, approval workflows, compliance tracking, and process ownership for India finance operations.

• Support automation and process improvement initiatives to reduce manual effort, improve accuracy, and strengthen control over India finance activities.

our Knowledge, Skills and Abilities

• 5–8+ years of relevant experience in India finance operations, accounting, statutory compliance, tax compliance, audit support, controllership, or shared services.

• Strong working knowledge of India statutory and regulatory compliance, including GST, TDS, income tax, Professional Tax, PF, Companies Act, ROC/MCA, statutory audit, tax audit, and transfer pricing support.

• Hands-on experience with foreign remittance documentation and reporting, including Form 15CA/15CB coordination, withholding tax review, FIRC, eBRC, EDPMS, SOFTEX, FEMA/RBI-related support, bank documentation, and cross-border payment compliance.

• Experience with month-end close, accounting entries, AP/vendor payments, statutory payments, bank reconciliations, balance sheet reconciliations, audit schedules, MIS reporting, and management reporting.

• Experience coordinating with external consultants, auditors, payroll providers, banks, company secretary, and global Finance teams.

• Experience documenting, standardizing, or transitioning finance activities from an external service provider to an internal operating model would be preferred.

• Experience in a GCC, SaaS, technology, multinational, or shared services environment would be an asset.

• Experience with ERP/accounting systems such as NetSuite, SAP, Oracle, Tally, Zoho Books, or similar platforms.

• Strong Excel and reporting skills, including reconciliations, data validation, pivot tables, lookups, trackers, working papers, variance analysis, and reporting templates.

• Strong ownership mindset with the ability to independently manage recurring deadlines, compliance calendars, audit queries, documentation requirements, and stakeholder follow-ups.

• Strong attention to detail, documentation discipline, analytical judgment, and ability to identify risks and escalation points.

• Chartered Accountant, CA finalist, Commerce Graduate, or equivalent finance/accounting qualification preferred.

Life at Assent

Wellness: We believe that you and your family’s well being is important. As a result, we offer vacation time that increases with tenure, comprehensive benefits packages (details vary by country), life leave days and more.

Financial Benefits: It’s not all about the money – well, it’s a little about the money. We understand that financial health is important and we offer a competitive base salary, a corporate bonus program, retirement savings options and more.

Life at Assent: There is purpose beyond your work. We provide our team members with flexible work options, volunteer days and opportunities to get involved in corporate giving initiatives.

Lifelong Learning: At Assent, curiosity is not only valued but encouraged. You will receive professional development days that are available to you the day you start.

At Assent, we are committed to growing and sustaining an environment where our team members feel included, valued, and heard. Our diversity and equal opportunity practices are guided and championed by our Diversity and Inclusion Working Group and our Employee Resource Groups (ERGs).

Our commitment to diversity, equity and inclusion includes recruiting and retaining team members from diverse backgrounds and experiences, and fostering a culture of belonging where all team members are included, treated with dignity and respect, promoted on their merits, and placed in positions to contribute to business success.

If you require assistance or accommodation throughout any part of the interview and selection process, please contact [email protected] and we will be happy to help.  

We use AI to support parts of our recruitment process, such as note-taking and initial shortlisting based on job-related qualifications. AI does not make hiring decisions. All candidates will speak with a real person, and final decisions are always made by our recruitment team.