Senior Associate – Accountant
Work Timings: 03:00 PM to 12:00 AM IST
Job Summary
:We are seeking a detail-oriented and experienced Senior Accountant to join our team in India, providing accounting and financial services to our global-based clients and operations. This role will involve managing complex financial reporting, ensuring compliance with both US GAAP and local financial regulations, handling cross-border taxation, and collaborating with international teams. The successful candidate will be expected to navigate various accounting standards, offering critical insights and ensuring seamless financial operations across multiple jurisdictions
.
Required Qualification
s:· Educatio
- n:Bachelor's degree in accounting, Finance, or related fiel
- d.CA (Chartered Accountant) qualification preferred (India). Alternatively, CMA (Cost Management Accountant) or ICWA is acceptabl
- e.Additional qualifications like MBA (Finance) or post-graduate degrees are a plu
s.Experienc
- e:10-12 years of accounting experience, with at least 3 years in a senior or supervisory rol
- e.Strong understanding of US Accounting Standards (US GAA
- P)Proficiency in Indirect tax compliance, Income Tax filing, and cross-border taxatio
- n.Experience with accounting software (e.g., NetSuite, Tally, SAP, Oracle, Xero
).Skills and Abilitie
- s:Knowledge of cross-border tax structures and transfer pricin
- g.Ability to navigate compliance standard
- s.Strong analytical skills and proficiency with financial reporting software and spreadsheets (Excel, Google Sheets
).
Key Responsibiliti
es:1. Financial Reporting & Analys
- is:Prepare and review monthly, quarterly, and annual financial statements for portfolio operations, ensuring complian
- ce.Prepare accurate financial reports (Balance Sheet, P&L, Cash Flow) for stakeholders, focusing on providing insights into financial performance and varianc
- es.Conduct financial analysis, identifying trends, variances, and areas for cost control or profitability improvement. Example: Conducting variance analysis to explain fluctuations in revenue or expenses for operatio
ns.2. Cross-Border Taxation & Complian
- ce:Oversee the Indirect Tax filings for multiple jurisdictio
- ns.Advise on tax implications of cross-border transactions, ensuring efficient tax planning between jurisdictions and the US. Example: Structuring transactions in a way that minimizes tax liabilities while adhering to local regulati
ons3. General Ledger & Accounting Operatio
- ns:Maintain and oversee the general ledger for entities, ensuring proper recording and reconciliation of all transactio
- ns.Ensure that inter-company transactions are accurately recorded and reconciled in accordance with transfer pricing regulatio
ns.4. Month-End/Year-End Closi
- ng:Supervise the month-end and year-end closing process, ensuring accurate reporting. This includes journal entries, accruals, depreciation, and tax provisio
- ns.Coordinate with external auditors to facilitate timely and smooth audit process
es.
5. Budgeting and Forecast
- ing:Assist in the preparation of annual budgets and quarterly forecasts for the entity, ensuring that financial projections align with standards and requireme
- nts.Perform variance analysis to track performance against budget and suggest corrective actions. Example: Identifying unexpected fluctuations in expenses and working with the management team to address t
hem.6. Internal Controls & Complia
- nce:Develop and implement robust internal controls that align with statutory regulations, ensuring standards are consistently follo
- wed.Assist in audits (internal and external) and ensure that all financial data is in compliance with legal and regulatory requirements in both jurisdicti
ons.7. Process Improvement & Automat
- ion:Identify opportunities to improve accounting processes, including automation, better reporting, and enhanced data flow. Example: Streamlining GST return preparation or adopting more efficient ERP to
- ols.Recommend best practices for tax and financial compliance, leveraging technology for improved efficie
ncy.8. Ad-Hoc Financial Supp
- ort:Support the finance team with any ad-hoc financial analysis or reporting requireme
- nts.Provide insights for decision-making, offering financial recommendations based on data-driven analy
sis.
