Job Description
Build the future of the AI Data Cloud. Join the Snowflake team.
WHY JOIN OUR TEAM AT SNOWFLAKE?
Snowflake is looking to hire a Statutory Accountant to be a part of its world class Accounting and Finance Organization. The position requires a well-rounded individual who has demonstrated the ability to deliver results in a high-growth, dynamic, and fast-paced environment. You are versatile, analytical, motivated, creative, intellectually curious, a strong communicator and collaborator. You are responsible for the end-to-end process of preparing the local GAAP financial statements for Snowflake international entities (other than US) and getting them audited by external auditors. You should be up to date with the latest developments in accounting standards (primarily IFRS) and you should plan for the possible impact of new / revision in the accounting standard on the Snowflake legal entities that you manage. You ensure that the US GAAP and local GAAP books are periodically reconciled, and GAAP difference entries are recorded accurately and timely. You will provide recommendations to improve accounting processes and systems by utilization of broad accounting and business knowledge to identify accounting issues and opportunities. You will collaborate closely with the corporate global accounting operations team on accounting matters. You will also participate in important projects which have an impact on the local GAAP accounting. You will also maintain effective internal controls and ensure accounting activities are GAAP compliant.
IN THIS ROLE AT SNOWFLAKE, YOU WILL:
• Drafting financial statements and notes to accounts in accordance with local GAAP and compliant to internal policies.
• Conversion of US GAAP trial balances to local GAAP or IFRS trial balances.
• Ensure that US GAAP and local GAAP account balances are periodically reconciled, and GAAP differences are adequately explained.
• Ensure that entries in the local GAAP ERP are recorded in a timely and accurate manner.
• Closely coordinate with the tax team for supplying information required for estimating interim / final tax provision.
• Drafting and reviewing balance sheet account reconciliations.
• Prepare audit timetable and agree with the external auditors.
• Standardize and issue prepared by client (PBT) list.
• Proactively communicate audit timelines to all the respective stakeholders, set expectation on timelines and monitor the progress of the audit.
• Ensure the audit queries are addressed to and drive audit to closure.
• Drive the statutory filing process - Filing of certified annual financial statements and all required documents with local statutory agencies.
• Review of book closure at regular intervals to identify unusual items.
• Engage and collaborate with global accounting operations teams and cross functional business partners such as Tax, HR, Legal, Compliance.
• Create process documentation namely Standard Operating Procedures (SOP) and update them at regular intervals.
• Ensure that the files / folders are saved at the right place for ease of retrieval. Ensure data is backed up on a real-time basis.
• Identify opportunities for accounting and process improvements with an emphasis on streamlining and driving implementation solutions.
• Doing research and impact analysis of amendments in relation to accounting standards, income taxes and compliance.
• Prepare disclosure checklists and ensure compliance with all GAAP and disclosure requirements.
WE WOULD LOVE TO HEAR FROM YOU IF YOU HAVE:
• Chartered Accountant / CPA / Post graduation specialization in accounting.
• 3 - 6 years of overall accounting / finance ops experience.
• Experience of working with a Big 4 accounting firm is desirable.
• IFRS qualification / experience is desirable.
• Working knowledge of Workday ERP would be a plus.
• In-depth knowledge of Accounting Standards, IFRS, audit methodologies and execution.
• Well versed with the month end close process.
• Outstanding oral communication, analytical and written skills.
• Attention to detail, organized and thorough with the desire for continuous improvement.
• The person should be highly energetic and proactive; able to drive projects independently; be a team player and have a problem-solving attitude.
• Ability to meet tight deadlines.
• Working knowledge of corporate taxes and transfer pricing is a plus.
Snowflake is growing fast, and we’re scaling our team to help enable and accelerate our growth. We are looking for people who share our values, challenge ordinary thinking, and push the pace of innovation while building a future for themselves and Snowflake.
How do you want to make your impact?
For jobs located in the United States, please visit the job posting on the Snowflake Careers Site for salary and benefits information: careers.snowflake.com
WHY JOIN OUR TEAM AT SNOWFLAKE?
Snowflake is looking to hire a Statutory Accountant to be a part of its world class Accounting and Finance Organization. The position requires a well-rounded individual who has demonstrated the ability to deliver results in a high-growth, dynamic, and fast-paced environment. You are versatile, analytical, motivated, creative, intellectually curious, a strong communicator and collaborator. You are responsible for the end-to-end process of preparing the local GAAP financial statements for Snowflake international entities (other than US) and getting them audited by external auditors. You should be up to date with the latest developments in accounting standards (primarily IFRS) and you should plan for the possible impact of new / revision in the accounting standard on the Snowflake legal entities that you manage. You ensure that the US GAAP and local GAAP books are periodically reconciled, and GAAP difference entries are recorded accurately and timely. You will provide recommendations to improve accounting processes and systems by utilization of broad accounting and business knowledge to identify accounting issues and opportunities. You will collaborate closely with the corporate global accounting operations team on accounting matters. You will also participate in important projects which have an impact on the local GAAP accounting. You will also maintain effective internal controls and ensure accounting activities are GAAP compliant.
IN THIS ROLE AT SNOWFLAKE, YOU WILL:
• Drafting financial statements and notes to accounts in accordance with local GAAP and compliant to internal policies.
• Conversion of US GAAP trial balances to local GAAP or IFRS trial balances.
• Ensure that US GAAP and local GAAP account balances are periodically reconciled, and GAAP differences are adequately explained.
• Ensure that entries in the local GAAP ERP are recorded in a timely and accurate manner.
• Closely coordinate with the tax team for supplying information required for estimating interim / final tax provision.
• Drafting and reviewing balance sheet account reconciliations.
• Prepare audit timetable and agree with the external auditors.
• Standardize and issue prepared by client (PBT) list.
• Proactively communicate audit timelines to all the respective stakeholders, set expectation on timelines and monitor the progress of the audit.
• Ensure the audit queries are addressed to and drive audit to closure.
• Drive the statutory filing process - Filing of certified annual financial statements and all required documents with local statutory agencies.
• Review of book closure at regular intervals to identify unusual items.
• Engage and collaborate with global accounting operations teams and cross functional business partners such as Tax, HR, Legal, Compliance.
• Create process documentation namely Standard Operating Procedures (SOP) and update them at regular intervals.
• Ensure that the files / folders are saved at the right place for ease of retrieval. Ensure data is backed up on a real-time basis.
• Identify opportunities for accounting and process improvements with an emphasis on streamlining and driving implementation solutions.
• Doing research and impact analysis of amendments in relation to accounting standards, income taxes and compliance.
• Prepare disclosure checklists and ensure compliance with all GAAP and disclosure requirements.
WE WOULD LOVE TO HEAR FROM YOU IF YOU HAVE:
• Chartered Accountant / CPA / Post graduation specialization in accounting.
• 3 - 6 years of overall accounting / finance ops experience.
• Experience of working with a Big 4 accounting firm is desirable.
• IFRS qualification / experience is desirable.
• Working knowledge of Workday ERP would be a plus.
• In-depth knowledge of Accounting Standards, IFRS, audit methodologies and execution.
• Well versed with the month end close process.
• Outstanding oral communication, analytical and written skills.
• Attention to detail, organized and thorough with the desire for continuous improvement.
• The person should be highly energetic and proactive; able to drive projects independently; be a team player and have a problem-solving attitude.
• Ability to meet tight deadlines.
• Working knowledge of corporate taxes and transfer pricing is a plus.
Snowflake is growing fast, and we’re scaling our team to help enable and accelerate our growth. We are looking for people who share our values, challenge ordinary thinking, and push the pace of innovation while building a future for themselves and Snowflake.
How do you want to make your impact?
For jobs located in the United States, please visit the job posting on the Snowflake Careers Site for salary and benefits information: careers.snowflake.com
💡 Quick Summary
Seeking a career-building opportunity? The Statutory Accountant position is now open for candidates interested in the Accountant Jobs sector. This role in Pune offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.
