About the role
Role: Accountant
Location: Mumbai, India
About the role:
OLIVER is on the lookout for an Accountant based in India to join an amazing team in an exciting, fast-growing business
What you will be doing:
As a key member of the Finance team, the Accountant will be responsible for managing and overseeing the Accounts Payable (AP) and Accounts Receivable (AR) functions. This role will also play a critical part in cash flow management, weekly forecasting activities, intercompany reconciliations, and supporting both internal and external audit and tax processes. The ideal candidate is detail-oriented, organized, and possesses a strong understanding of accounting principles and practices.
Accounts Payable (AP):
- Ensure timely and accurate payment of vendor invoices
- Manage vendor relationships and resolve invoice discrepancies
- Maintain accurate AP records and files
- Ensure compliance with relevant policies and procedures
Accounts Receivable (AR):
- Monitor and follow up on outstanding receivables
- Apply customer payments accurately
- Maintain accurate AR records and files
- Initiate collections activities
- Ensure compliance with relevant policies and procedures
Cash Flow Management:
- Monitor weekly cash balances
- Preparing cash flow forecasts
- Identify and report on cash flow variances
- Recommend strategies to improve cash flow
Forecasting:
- Participate in weekly forecasting activities
- Analyze financial data to support forecasting accuracy
- Assist in the preparation of forecast reports
Month-end closing:
- Performing bank reconciliations
- Assist with month-end and year-end closing activities, i.e. prepare journal entries as needed
- Assist in the preparation and analysis of management reports post month-end closing
- Perform other accounting duties as assigned
Intercompany Reconciliation:
- Perform monthly intercompany account reconciliations to ensure the accuracy of intercompany transactions
- Investigate and resolve intercompany discrepancies in a timely manner
- Coordinate with other departments and regional entities to resolve reconciliation issues
- Prepare and maintain intercompany reconciliation documentation
Management Reporting:
- Prepare and analyze monthly, quarterly, and annual management reports, including variance analysis
- Assist in the preparation of financial statements and supporting schedules
- Provide insightful commentary and explanations for financial results
- Assist in the development and improvement of management reporting processes
Liaison with external parties (e.g. auditors, bankers, government bodies, tax agents)
- Assist with internal and external audit requests
- Prepare schedules and documentation for auditors
- Assist with statutory, tax and regulatory compliance matters, i.e. tax preparation and filing, e-invoice submission, etc.
Other Responsibilities:
- Assist with ad-hoc financial analysis and projects as needed
- Ensure compliance with accounting policies and procedures
- Maintain a high level of accuracy and attention to detail
- Contribute to process improvements within the finance department
What you will need to be great in this role:
- Bachelor’s degree in accounting, finance or related field
- At least 1+ years of financial experience, preferably in multinational corporations
- Proficiency in accounting software, preferably NetSuite, and Microsoft excel
- Strong attention to detail and accuracy
- Ability to work independently and as part of a team
- Excellent analytical, problem-solving, and communication skills
- Experience with cash flow management and forecasting is a plus
- Experience supporting audits and tax processes is a plus
- Passion for and inquisitive about AI and new technologies
- Understanding and knowledge of AI tools is beneficial, but ability to learn and digest benefits and features of AI tools is critical.
Req ID: 19073
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