Staff Accountant - Legal Entity at Manufacturer of Construcion and Mining Equipment Major, Bengaluru

  • 2 - 4 Years
  • Not Mentioned
  • bengaluru
  • permanent
  • Chartered Accountant
  • Construction
  • Job Purpose:
     
    This position is responsible to support high integrity financial reporting in accordance with U.S. GAAP including
    strong internal control environment in accordance with SOX regulations and applicable local statues like Internal Finance Controls etc.
    in the day to day discharge of duties.
     
     
    Job Duties:
     
    • • Self-starter - Able to quickly learn and perform day to activities independently. Should quickly step up to handle more
    complex activities with minimal supervisor support.
    • • Process Driven - Should follow process and invest sufficient time in documentation of the process with focus on attention to
    detail.
    • • Monthly Book closure -Independently handle US GAAP Legal entity closings and general accounting for one or more
    ledgers/ legal entities spread across Asia pacific region.
    • • Financial analysis -Financial statement preparation and analysis including variance analysis, gross margin analysis and
    forex impact analysis. Should present and explain the monthly financial analysis to business support managers.
    • • Accounting Journal entries (Medium to complex) - Performing journal entries for a) Inventory accounting including FIFO
    computation, inventory valuation, inventory and inventory reporting b) Revenue accounting- Revenue recognition, Service fee
    recharge, licence fee calculations & warranty accruals. c) Accrual accounting - General accrual, Incentive accrual, Accrual for after
    sales discounts, Employee benefit accounting including pension accounting, defined benefit plan accounting d) General accounting -
    Account reclass, Profit center reclass and other entries requested by business units.
    • • Monthly Reconciliations - Preparation of reconciliations of medium and High complexity relating to balance sheet. Follow
    up on open reconciliations items and update management of aged recon items. Prepare explanation and follow up on intercompany
    discrepancy.
    • • Audit Support -Statutory audit support including preparation of schedules with relevant supporting documents. Resolving
    audit questions and managing discussions with audit team members and audit supervisors.
    • • Process improvement projects -Gain deep expertise in the functional area and ideate and implement continuous process
    improvements through various techniques like LEAN, Six Sigma etc. as well as use of data analytical tools.
    • • Management information requests - Support on various questions and information requests from business units and also
    corporate accounting team like Annual insurable reporting, Support on notes to 10k and 10Q, Global tax information package, etc.
    • • Cross functional team work -Work with multiple corporate systems and in-house applications to obtain information and
    perform impact analysis on the same. Understands the needs of the operating business units and partners with them to provide quality
    financial services.
     
    Required Qualification:
     
    Fully qualified CA with 2-4 years of work experience in Accounting is must.
    Good communication & analytical skills are must to have
     

Employer Profile :

  • Manufacturer of Construcion and Mining Equipment Major, bengaluru
.