Senior Finance Manager

Role: Senior Manager-Finance
Location: Mohali
Job Type: Full-time

About Fitelo:
Fitelo is a fast-paced Indian D2C Health-tech startup looking to hire senior talent. It is an AI powered online platform for weight loss and chronic disease management. The company was founded with a vision to help customers take the healthier route by eating right, staying active and building healthy habits. It has grown exponentially with strong unit economics and is now looking to expand its team across multiple roles.

About the Role:

We are looking for a highly skilled and detail-oriented Senior Manager- Finance to oversee financial operations, ensure tax compliance, and provide strategic financial insights. The ideal candidate should have strong expertise in direct and indirect taxation (TDS, GST), financial reporting, auditing, and reconciliation. They should be proficient in accounting standards, regulatory compliance. If you have a keen eye for accuracy, excellent analytical skills, and the ability to lead financial processes effectively, we'd love to hear from you!

Specifically, this role will involve:

1. Tax Compliance and Planning

• Ensure direct and indirect tax compliance , including TDS and GST calculations, filings, and audits.
• Compute monthly TDS liability , file TDS returns (26Q, 24Q, 27Q) , and issue TDS/TCS certificates on a quarterly basis.
• Conduct 26AS reconciliation and resolve TDS defaults or late payment issues through revised returns.
• Compute monthly GST liability , file GSTR-3B & GSTR-1 , and perform GST ITC reconciliation with books and GSTR 2A/2B.
• Handle GST registration, amendments, and timely e-payment of GST .
• Assist in tax audits, transfer pricing certifications , and liaise with tax authorities for assessments and appeals.
• Keep the organization informed about the financial impact of tax laws and regulations.

2. Financial Reporting & Compliance

• Prepare and maintain financial statements , including balance sheets, profit & loss accounts, and cash flow statements .
• Ensure compliance with Accounting Standards, Schedule III of the Companies Act 2013 , and relevant regulatory frameworks.
• Conduct analytical reviews of P&L accounts and balance sheet items to provide insights and recommendations.
• Support monthly, quarterly, and annual financial closing processes.
• Assist in the preparation and filing of income tax returns .
• Maintain accurate bookkeeping and oversee ledger reconciliations for compliance.

3. Accounts & Reconciliation

• Supervise accounts payable & receivable , ensuring timely payments and outstanding balance tracking.
• Conduct bank reconciliations, debtors & creditors reconciliation, and GST reconciliation .
• Monitor supplier advances, outstanding balances, and perform aging analysis .
• Control general ledger activities by scrutinizing accounts and ensuring compliance.

4. Audit & Internal Controls

• Coordinate with internal and external auditors for statutory audits .
• Ensure adherence to internal controls, financial policies, and audit requirements .

Ideal candidate will have:

• Proven experience in finance, accounting, or taxation
• Strong knowledge of TDS, GST, tax audits, and corporate compliance
• Proficiency in Tally ERP9, financial reporting, and reconciliation .
• Analytical mindset with excellent problem-solving skills.
• Ability to work independently and handle multiple responsibilities efficiently.

Qualifications:

• Chartered Accountant (CA) - Minimum 2-4 years of post qualification experience.