Lead - Statutory Accounting

About the role
Lead is responsible for maintenance of books of accounts, Statutory compliances, Group reporting, leading different audits,Treasury Management and Fixed asset management.
You will be responsible for
Maintenance of Statutory accounts of Tesco Bengaluru- Ensure Financial accounting modules ( Fixed assets, Cash Management, Accounts Receivable) are closed as per the timeline - Passing the vital Journal entries in the books- Preparation of Balance sheet schedules on monthly basis- Completion of Group reporting as per the agreed timeliness- Facilitation and closure of Statutory,Internal,Tax, and Transfer pricing audits and STPI, IT and FEMA Compliances- Ensure fixed asset management and verification processes along with periodic reconciliation is completed- Ensure effective cash utilization by placing and filing of the Statutory returns like APR, eTDS,etc as per the timeline- Periodic Billing and cost recharges to inter-companies- Following our Business Code of Conduct and always acting with integrity and due diligence- Driving and implementing CI Projects and innovation for their teams- Deep expertise in a particular process or field- First line team supervisory responsibility on process mentoring, on the job training, coordinating and presenting- Maintain relationships with multiple partners, handle user problems within process- Solves complex operational problems
You will need
Conceptual Knowledge of IFRS / IAS Tax regulations and implicationsCompliance requirements of Tax authoritiesStakeholder ManagementAnalysis and Judgment, logical reasoning as relevant for accountingConceptual Knowledge of Controls - Key Finance controls, Accounting policies etc,
Whats in it for you
At Tesco, we are committed to providing the best for you. 

As a result, our colleagues enjoy a unique, differentiated, market- competitive reward package, based on the current industry practices, for all the work they put into serving our customers, communities and planet a little better every day. 

Our Tesco Rewards framework consists of pillars - Fixed Pay, Incentives, and Benefits.

Total Rewards offered at Tesco is determined by four principles - simple, fair, competitive, and sustainable. 

Salary - Your fixed pay is the guaranteed pay as per your contract of employment. 

Performance Bonus - Opportunity to earn additional compensation bonus based on performance, paid annually 

Leave & Time-off - Colleagues are entitled to 30 days of leave (18 days of Earned Leave, 12 days of Casual/Sick Leave) and 10 national and festival holidays, as per the companys policy. 

Making Retirement Tension-FreeSalary - In addition to Statutory retirement beneets, Tesco enables colleagues to participate in voluntary programmes like NPS and VPF. 

Health is Wealth - Tesco promotes programmes that support a culture of health and wellness including insurance for colleagues and their family. Our medical insurance provides coverage for dependents including parents or in-laws. 

Mental Wellbeing

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- We offer mental health support through self-help tools, community groups, ally networks, face-to-face counselling, and more for both colleagues and dependents.

Financial Wellbeing - Through our financial literacy partner, we offer one-to-one financial coaching at discounted rates, as well as salary advances on earned wages upon request.

Save As You Earn (SAYE) - Our SAYE programme allows colleagues to transition from being employees to Tesco shareholders through a structured 3-year savings plan.

Physical Wellbeing - Our green campus promotes physical wellbeing with facilities that include a cricket pitch, football field, badminton and volleyball courts, along with indoor games, encouraging a healthier lifestyle. 
About Us
At Tesco, inclusion is at the heart of everything we do. We believe in treating everyone fairly and with respect, valuing individuality and uniqueness to create a true sense of belonging. Diversity and inclusion are deeply embedded in our values—we treat people how they want to be treated. Our goal is for all colleagues to feel they can be themselves at work, and we are committed to helping them thrive. Across the Tesco group, we are building an inclusive workplace that actively celebrates the cultures, personalities, and preferences of our colleagues, who in turn contribute to the success of our business and reflect the diversity of the communities we serve. 

 At Tesco Bengaluru, we are proud to be a Disability Confident Committed Employer, highlighting our commitment to creating a supportive environment for individuals with disabilities. We are dedicated to offering equal opportunities for all candidates and encourage applicants with disabilities to apply. Our recruitment process is fully accessible, and we are happy to provide reasonable adjustments during interviews. If you need any accommodations to participate in the recruitment process, please let us know. We are here to ensure that everyone has the chance to succeed. 

 We also believe in fostering a work environment where you can excel both professionally and personally. Our hybrid model allows you to work flexibly—spend 60% of your week collaborating in person with colleagues at our office locations or local sites, and the rest of the time working remotely. We understand that everyones life journey is unique, whether you are starting your career, pursuing passions, or navigating life changes, and we are here to support you. Flexibility is a core part of our culture, and we encourage open conversations about how we can best accommodate your needs, so talk to us throughout your application process on the support required.