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Title:  Financial Accountant-Record to Report

Location: 

Bangalore, Karnataka, IN, 560071

Requisition ID:  27742

Job Summary

Financial Accountant 3

Accountant-Record to Report

 

Basic Function:  This position is responsible for effective leadership of the finance team, maintenance of effective accounting practices and internal control in line with accepted accounting practices and provide management and financial accountancy services to the management

 

Principal Accountabilities:

  1. Coordinate, manage and support the monthly consolidated financial close process working closely with the accounting teams from different entities.
  2. Preparation and maintenance of the monthly financial close timeline, ensuring financial data is submitted in accordance with deadlines and that appropriate reviews of information submitted are performed.
  3. Preparation of monthly consolidating and eliminating journal entries.
  4. Preparation of monthly consolidated financial statements in compliance with US GAAP.
  5. Analysis of monthly, quarterly and annual balance sheet, income statement and cash flow submissions including account reconciliations and variance analyses.
  6. Assist with monthly/quarterly financial reporting.
  7. Take ownership over certain Corporate Accounting functions.
  8. Take ownership of the consolidation framework including maintaining the integrity of the chart of accounts and related mapping between general ledger and accounts.
  9. Ensure compliance by adhering to internal control requirements, updating documentation and providing recommendations as appropriate.
  10. Foster an environment of continuous improvement focusing on streamlining, improving and automating processes.
  11. Perform analytical reviews of the Company’s consolidated financial statements (vs prior year, budget, trend, etc.) and investigate and provide explanations on identified variances.
  12. Perform ad hoc reporting and other analyses for management as requested.
  13. Manage the preparation of the year‐end Financial Accounts and the finance content of the Annual Report.
  14. Manage the periodically financial reporting requirement.
  15. Manage the balance sheet and complete monthly balance sheet reconciliations.
  16. Manage the General Ledger, Fixed Assets Ledger.
  17. Manage the Sub Ledger and General Ledger reconciliation function, ensuring staff are appropriately trained, procedures are followed and deadlines are met
  18. Motivate staff through “Best Practice” and ensure staff participate in appropriate training and professional development.
  19. Ensure teamwork and co‐operation
  20. Recognize staff for their achievements and ideas, and provide consistent and timely feedback to staff regarding progress towards achieving objectives
  21. Identify opportunities to improve Finance Team operations including the accuracy, efficiency and timeliness of procedures and implement agreed improvements
  22. Develop and implements strategies for work practices improvement

Job Requirements

  1. Experience in preparation of monthly consolidating and eliminating journal entries.
  2. Experience in preparation of monthly consolidated financial statements in compliance with US GAAP.
  3. Experience in analysis of monthly, quarterly and annual balance sheet, income statement and cash flow submissions including account reconciliations and variance analyses.
  4. Experience in monthly/quarterly financial reporting.

Education

12+ years of experience in Finance Manager Role. Master degree in accounting and finance and must have worked in ERP environment preferably in Oracle.


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