Senior Officer - Accounts
About Us
PhantomFX - Unleashing the Magic of VFX
Chennai | Mumbai | Hyderabad
Open, inclusive, and equal are three words that sum up the work culture at PhantomFX. Our strength lies in our people; a dedicated team of creative professionals who work together to bring alive magic on screen. Our teams have delivered on some of the craziest deadlines, without taking eyes off the high bar of quality.
Job Description
Phantom Digital Effects Limited is seeking a highly motivated and detail-oriented Finance & Accounts professional to manage financial reporting, statutory compliance, taxation, audits, and accounting operations.
1. Financial Accounting & Reporting
- Maintain books of accounts in compliance with the Companies Act, 2013 and applicable accounting standards, including Indian Accounting Standards (Ind AS).
- Manage monthly, quarterly, and annual financial closures.
- Prepare standalone and consolidated financial statements, including:
- Profit & Loss Account
- Balance Sheet
- Cash Flow Statement
- Prepare audit schedules, CARO reports, accounting policies, and notes to accounts.
- Account for project revenues, production costs, accruals, and provisions.
- Prepare Notes for Approval as per Delegation of Powers (DOP) and Internal Financial Control Requirements (IFCR).
- Perform reconciliations of bank accounts, vendor accounts, customer accounts, and statutory ledgers.
- Compute and monitor Corporate Social Responsibility (CSR) obligations and reporting requirements.
2. Direct Tax Compliance
- Coordinate with tax consultants and auditors by providing information required for Income Tax and Tax Audit purposes.
- Handle Transfer Pricing documentation and compliance requirements.
- Ensure accurate deduction, accounting, and timely remittance of TDS.
- File quarterly and annual TDS returns within prescribed timelines.
- Support tax assessments and respond to departmental notices and queries.
3. Indirect Tax Compliance
- Ensure compliance with SGST, CGST, and IGST regulations.
- Prepare and file GST returns including:
- GSTR-1
- GSTR-3B
- Annual GST Returns
- Manage GST accounting for export of services and Input Tax Credit (ITC).
- Liaise with auditors and consultants for GST audits and assessments.
- Address GST-related notices, reconciliations, and departmental inquiries.
4. Audit Management
- Coordinate and provide information for:
- Statutory Audit
- Limited Review Audit
- Internal Audit
- IFC / ICOFR Audit
- Ensure timely closure of audit observations and queries.
- Support implementation and monitoring of internal financial controls.
- Facilitate compliance with Companies Act requirements and corporate governance standards.
Requirements
- Strong understanding of Ind AS, Companies Act, 2013, and financial reporting.
- Working knowledge of GST, TDS, Income Tax, and Transfer Pricing.
- Experience in audit coordination and statutory compliance.
- Proficiency in ERP systems, Microsoft Excel, and financial reporting tools.
- Excellent analytical, communication, and stakeholder management skills.
- Experience handling overseas entities (UK/US) will be an added advantage.
Preferred Qualification
- CA Inter / Chartered Accountant (CA)
- Additional certifications in taxation, finance, or accounting will be an advantage
Benefits
- High-performance workstations designed to maximize efficiency and productivity.
- Supportive work-life balance culture.
- Fixed weekly offs on Saturdays and Sundays, along with public and festive holidays.
- Positive, collaborative, and employee-friendly work environment.
- Continuous learning opportunities through soft skills, leadership, and professional development training programs.
- Regular employee engagement initiatives, team activities, entertainment events, and wellness sessions.
- Relocation assistance for employees moving from other locations.