Finance Manager Foreign Subsidiaries
Role
We are seeking a highly skilled Finance Manager Foreign Subsidiaries to manage end-to-end accounting, financial reporting, taxation, and compliance for overseas entities. The role requires strong hands-on expertise in Ind AS, US GAAP, US taxation, export finance, and consolidated financial reporting, along with the ability to work closely with global stakeholders.
Key Responsibilities
Financial Reporting & Consolidation
- Prepare and review monthly, quarterly, and annual financial statements for foreign subsidiaries
- Perform group consolidation, including intercompany eliminations and reconciliations
- Ensure compliance with Ind AS, US GAAP, and IFRS
- Support statutory audits and global reporting requirements
Export Finance & International Trade (Mandatory)
- Manage finance and accounting related to export transactions, including revenue recognition and documentation
- Handle export-related compliance such as LUT, GST refunds, duty drawback, and export incentives (as applicable)
- Coordinate with banks on foreign remittances, inward/outward payments, and export realization
- Ensure proper accounting and reconciliation of foreign currency transactions and exchange differences
- Support documentation and compliance related to FEMA and RBI guidelines
US & International Taxation
- Manage US sales tax compliance (multi-state) including preparation, filing, and reconciliation
- Handle US payroll accounting and related journal entries
- Prepare tax working papers including 1099 filings and withholding tax support
- Coordinate with external tax advisors for US, UK, and other jurisdictions
Accounting Operations & Controls
- Oversee month-end and year-end close for foreign entities
- Manage intercompany accounting, transfer pricing support, and reconciliations
- Ensure strong internal controls and audit readiness
Qualifications & Experience
Education
- Chartered Accountant (CA) Mandatory
Experience
- 15+ years of post-qualification experience
- Strong exposure to foreign subsidiaries / global accounting
- Must have hands-on experience in export finance and international trade accounting
- Strong expertise in Ind AS, US GAAP, and US taxation
Key Skills (Updated)
- Ind AS, US GAAP, IFRS
- Export Finance & FEMA Compliance
- Foreign Currency Accounting & FX Exposure
- US Sales Tax, Payroll & 1099
- Consolidation & Intercompany Accounting
- ERP Systems: NetSuite / QuickBooks / SAP / Navision
