Should possess in depth knowledge of General Accounting and other related finance activities
As a part of pre-closing activities, has to ensure all the transactions jobs related to bank, AR & AP and other financials are properly accounted completely processed accurately in the system
Has to ensure all orders / projects are booked, and all checks have been followed to complete the revenue recognition process
Perform reconciliations on monthly basis for all GL accounts and able to identify the variances
Involved in processing Accruals required as per the policies and process followed
Book reclass journal entries required to the relevant account code
Book fixed journal entries on monthly or bi-monthly basis
Book journals for Provisions for Doubtful debts, and should also perform Loss making adjustments based on the financial reports every month end
Should have hands on experience on the financial reports and take required action as a part of rectification entries, cost reclass etc
Perform Forex revaluations as per the SLA’s every month
Run accounts receivable aging report and verify that total agrees with balance on trial balance
Ensure all inventory related transactions are processed, Stock integrity issues have been resolved, Closely involved in Stock calculation, take adequate steps to clear stock obsolete items.
Check for any unposted and transactions for the month and take required action
Keep a close tab on accruals, Unbilled receivables etc and ensure those are cleared from the list on timely basis
Identify fixed assets additions and disposals during a period and take required action
All ad hoc journal entries related to opex & capex to be considered as a part of closing activities
Ensure all Tax / Vat related activities are completed on monthly basis, and also to perform transfer pricing activities
Accountable for tracking and recording the costs of newly acquired fixed assets
Record fixed assets by creating and supervising a system of procedures, forms, and controls including depreciation rate & useful life of assets
Check all tag numbers have been coded to all fixed assets on timely basis as per the process
Involvement in updating the accounting policies related to fixed assets on timely basis
Monitoring closely the disposals related to fixed assets and take required action involving management team on regular basis
Post depreciation on monthly basis as per accounting guidelines
Track the project’s cost in Fixed assets accounts and close out those assets account once the projects or milestones are achieved
Review the fixed assets schedule and depreciation on monthly basis
Perform reconciliations of Fixed Assets to GL on monthly basis and take required action for any variances / deviations observed
Closely monitor the fixed assets accounting every month and work on reclass entries if needed
Should be able to identify if the Purchase orders, costs are incorrectly coded to wrong account codes.
Perform asset retirement obligation calculations for ARO applicable assets
Perform asset retirement obligation calculations for ARO applicable assets
Opening and closing of financial period once all the financial transactions & journals have been posted
Should be involved in the post-closing activities like MIS Reporting, Perform Mass allocations, identify variances in GL accounts
Perform all cash and bank transactions on daily basis as per the SLA’s
Post all bank transactions manually or through automated tool (BCM)
Monitor and reconcile bank accounts on timely basis
Perform daily / Month end reconciliations and process required journal posting during month end closing
Perform quality and control reviews of Cash and Bank accounting transactions getting processed
Work closely with the treasury teams and monitor in flow and out flow of cash / bank transactions on timely basis
Disclose the Cash flow statement to the management as a part of month end activities
Closely monitor any unidentified transactions in the bank statement and take required action to clear such unidentified items
Perform reconciliation of Bank to GL accounts on monthly basis and identify variances if any
Maintain the accounting procedures and policies as agreed while performing wire transfers, cheque payments etc.
Ensure ageing of interim accounts like Payment in transit should be <30 days
Skillsets:
At least 6-8 years of experience in GL teams of a Shared services set-up preferably
Possess strong knowledge of GAAP, IFRS (Preferred to have)
Conceptually sound in the financial activities & Accounting and General Ledger
Good Analytical skills
Good verbal and written communication skills
Attention to detail approach with logical thinking
Proactive approach and active involvement in driving process improvements, automations if any
Displays the ability to multitask and handle multiple issues at the same time without stress
Should be good team player as he / she will be aligned with within the team based on the business requirements particularly during month ends / quarter ends
Proficiency in MS Office - Word/ Excel/PPT
Good to have knowledge on Blackline tool

Sr. Accountant

Job Type