Sr. Accountant

• 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