Owning legal entities Trial Balance and working with local accountant and auditors in the finalization of Financial Statements.
Preparation and review of monthly and quarterly financial packages for assigned entities and submitting to accounting firms.
Work closely with onshore team, auditors and accounting firms including making calls.
Preparing various reconciliations and reports to support audit of legal entities.
Liaise with other towers in accounting like GL, RMS, FA, OTC, P2P etc. to collect various reports, supporting and reconciliations required for audit.
Prepare and review income and balance sheet statements, consolidated statements and various other accounting reports. Make corrections as necessary.
Independently Handle the Open Items resolution with respect to Banks/Cash Items, Accruals, Prepayments, and other Current assets/Current Liabilities
Preparation of VAT/GST working and submit to Tax team or KPMG/EY.
Reconcile the VAT accounts and post any reconciled items after approval.
Working closely with tax team and accounting firms on CIT filing.
Periodically review all accounts in TB and work on correction if needed.
Ensuring Statutory dues, accounting and audit firm dues payments on time.
Audit financial reports and records, making studies or recommendations related to the accounting of reserves, assets, revenue and expenditures. Make corrections as necessary.
Conduct the primary accounting review of various financial statements and initiate any corrections.
Do Self-Investigation on the appropriateness of the Balances in the accounts and report to appropriate authorities as they are necessary.
Self-Review the processes and bring some efficiency to make the processes standard on Par and best in Industry.
Oversee the analysis and reconciliation of the general ledger reports. Close ledgers and generate monthly financial statements and supporting schedules.
Work with other towers in accounting Like GL, RMS, FA, OTC, P2P to resolve issues or open items timely.
Obtain revenue and assets acquisition information then review, consolidate and summarize it for reporting purposes.
