Long ShotOutsourcing Cell and Centralised Payments Audit assignment in Mumbai, Maharashtra (Banking Industry industry). Long-term engagement for CA Semi Qualified, Graduate professionals with 3-6 Years experience.
- Industry
- Banking Industry
- Location
- Mumbai, Maharashtra, India — Andheri, Mumbai, Maharashtra
- Qualification Required
- CA Semi Qualified, Graduate
- Experience
- 3-6 Years
- Start Date
- End Date
- Engagement Type
- Long-term Contract
- Laptop Required
- No
- Resources Needed
- 2
About this assignment
Key Responsibilities: Outsourcing Cell - Vendor selection, due diligence, and approval process; Outsourcing agreements and SLA compliance; Regulatory compliance for outsourced activities; Vendor performance monitoring and risk assessment; Information security, confidentiality, and data privacy controls; Business continuity and contingency arrangements; Periodic review of outsourced functions and vendor audits; internal accounts review, regulatory submissions Centralised Payments - Authorization and maker-checker controls; Accuracy and timeliness of payment processing; Reconciliation of payment transactions and suspense accounts; Compliance with regulatory and internal payment guidelines; User access management and segregation of duties; Exception handling, failed transactions, and dispute management; Monitoring of high-value and unusual transactions; internal accounts review, regulatory submissions TDS - Compliance with applicable Income Tax Act provisions and TDS rules; correctness of TDS deduction rates across various payment categories (salary, interest, professional fees, rent, contractor payments, etc.); Timely deduction and remittance of TDS to statutory authorities; PAN collection, applicability of higher TDS rates, and exemption certificates; TDS returns and timeliness of filing; Reconciliation between TDS deducted, deposited, returns filed, and general ledger balances; Accuracy of TDS accounting entries and treatment of reversal/adjustment transactions; TDS certificates issuance process; statutory reporting accuracy. Long Shot is a freelancing platform for finance professionals. Assignment posted in platform is on behalf of clients. 1.Full details of the assignment shall be provided by client once you confirm the assignment. 2.Only local candidates can apply. 3.Actual assignment date and duration may vary. 4.Payment shall be made by Long Shot only. 5.Payment will be made by Long Shot within 7 days or next Sunday whichever is later from the date of confirmation of completion of assignment by client. In case of more than 1 month duration assignment then monthly fee will be paid. 6.Do not discuss and disclose fee with the client. 7.Inform Long Shot before completion of assignment regarding any change in planned mandays, travelling reimbursement etc. by client to claim additional payment. Long Shot will not be responsible for non payment of additional mandays or travelling reimbursement if not informed prior to completion of assignment. 8.You cannot withdraw the assignment once training given or 1 day before assignment whichever is earlier. Else you will be blocked from Long Shot app for 6 months. 9.Do not backout or withdraw the assignment before completion of assignment. In such case long shot may hold the pending fee.
Apply for this Outsourcing Cell and Centralised Payments Audit assignment in Mumbai on Long Shot. Visit https://www.longshot.in/assignments/LS989765 to apply.