Financial Analyst Job in Bengaluru at Borg Warner

Borg Warner is hiring for the role of Financial Analyst!

Responsibilities of the Candidate:

• Ensuring full compliance with indirect tax & direct tax laws and foreign trade policies and optimization of tax rates for entity
• Cash management through liquidation of tax credits / incentives; Forward planning.
• Monitoring the Invoices generation with IRN & QR Codes.
• 100% Taxation compliance for indirect taxes / foreign trade policy.
• Prepare reporting requirements for monthly filing to the tax authorities.
• Taxation projects to facilitate business expansion, new initiatives.
• Educate and train finance, commercial and business teams on taxation compliance.
• Support GSM on imports of Bonding items.
• Liaison with tax authorities in resolving outstanding notices, issues and ensuring minimum exposure of the organization with regards to corporate taxation
• Ensuring tax audit as required by Indian Income Tax Law, reviewing of corporate tax return, and supporting in Income Tax departmental assessment on timely basis
• Preparation of corporate tax reporting schedules per BorgWarner Corporate tax requirements.
• Responsible to all withholding tax related issues on intra group transactions and guide the business well in advance on the WHT impact. 
• Supporting the financial audits for the legal entity.
• Any other Special Assignments – Responsible for completion of special assignments as required.
• Adhere to business controls to ensure BW policies and financial goals are met and continually monitor the same.
• Proper accounting of Invoices, Prepaid and T&E claims to ensure accurate cost center reporting for Engineering R & D reporting and for other functional disciplines as required.
• Verify and post details of business transactions, such as funds received and disbursed, and totals accounts to ledgers and databases
• Process journal entries and reconcile vendor accounts in comparison to general ledger
• Review and balance internal accounts, analyze variances with financial software
• Match, batch, and coding vendor invoices
• Participate in month-end close activities, including preparation of journal entries, reconciliation of accounts, tax computations, and other accounting duties in a timely manner
• Support the team for legal entity related financial statements and filings.
• Support Indian regulatory compliance, including all statutory requirements viz., GST, Customs, taxes, etc.

Requirements:

• Master’s Degree in accounting or finance
• CA / CWA / CS - Intermediate /MBA a plus
• Experience in handling Tax Officers
• Good communication & Presentation skills
• Good Knowledge in working in SAP
• Natural Proficiency with Math
• Knowledge of basic financial, tax, and accounting principles
• Excellent organizational skills and attention to detail
• Demonstrated experience with Indian regulatory requirements
• Working in an Engineering industry will be an added advantage.
• Experience with Onestream is a plus.