About the role
Responsibilities:
- This role will report to the financial controller, work with other key stakeholders in the business, and play a critical role in US GAAP compliance and reporting.
- Makes the financial reporting process transparent.
- Prepare accounting policies for the company for use in preparing and presenting its financial statements.
- Standardizes assumptions, terminology, definitions, and methods.
- Prepare a robust financial statement close process (FSCP).
- Prepare financial statements to accurately reflect the business performance and financial position of the company.
- Support the company to migrate to a new ERP module.
- Post accounting transactions in the Indian entity's books of accounts.
- Responsible for preparing monthly reconciliation statements for all balance sheet accounts.
- Prepare monthly actual vs. budget and oversee cash flow management.
- Responsible for month-end closure activities and prepared GAAP-compliant financial statements.
- Analyze all balance sheets and profit and loss accounts and prepare variance analysis to be presented to management.
- Ensure government compliances - advance tax, GST, and PF. Responsible for completing statutory audit, tax, and transfer pricing audits on time.
- Responsible for the preparation of standalone financial statements as per Ind AS and India GAAP.
Requirements:
- Good knowledge of accounting software such as Zoho or QuickBooks.
- Handled accounting operations for an Indian entity for at least 2 years, preferably retail start-up experience.
- Preferably worked in a Big 4 audit firm for at least 1-2 years.
- Have at least 2 years of controllership experience, participated in the statutory audit, and worked with auditors to complete the statutory audit.
- Ensure compliance with Indian accounting standards, rules, regulations, and systems of internal control.
- A strong candidate with the capacity to serve as a highly effective partner and inspiring leader.
- The candidate should be a self-starter who is passionate about implementing best accounting practices and a strong control environment.
- Good communication and interpersonal skills.
- Positive attitude and ability to take initiative and contribute to projects.
- Ability to work individually and as a member of a global team.
- Good knowledge of FEMA, transfer pricing, and other related compliances.