Executive - Finance (General Ledger)

Department: Corporate Finance

Qualification: Graduate/Postgraduate

Level: Full Time

Location: Mumbai

Shifts (if any): 11:00 AM onwards(candidate should be flexible to work as per business requirement)

Job description:

The position requires candidateto have solid accounting concepts and knowledge in month end close and BalanceSheet reconciliations. Reconcile GL balance with supporting documents. Candidatemust support business segments during month/ quarter end close activities,preparing and posting journal entries etc. Candidate should assess andinterprets customer need and requirements and identifies solution tonon-standard request. Solves moderately complex accounting problems and conductcomplex analyses. Works with minimal guidance and manage GL team.

Key Responsibilities:

General Ledger & MonthlyClosing:

Manage monthly General Ledger (GL) closingactivities to ensure accurate financial reporting.

Oversee the preparation of monthly Profit &Loss (P&L) accounts and Balance Sheets for management reporting.

Handle month-end, quarter-end, and year-endclosing activities for financial statements.

Financial Reporting &Analysis:

Prepare financial reports and statements as peraccounting standards (IFRS, Indian GAAP, INDAS).

Conduct variance analysis of P&L and BalanceSheets on a monthly basis.

Generate key financial reports for seniormanagement, including budget vs actual analysis.

Preparation of segment reporting, revenue costanalysis, and various reconciliations.

Tax & Compliance:

Compute Tax Deduction at Source (TDS) on vendorinvoices and manage tax-related matters.

Assist in audit processes and support taxcompliance requirements.

Ensure timely filing and compliance withapplicable tax regulations.

Vendor & PaymentManagement:

Oversee the booking of vendor invoices andensure payments are processed as per aging reports.

Coordinate payments and receipts, ensuringproper reconciliation with bank statements.

Manage foreign remittances and handle vendoraccount reconciliations.

Develop relationships with external consultantsfor managing foreign payments and tax matters.

Audit & Support:

Prepare financials for audit purposes, liaisingwith auditors to ensure timely audits.

Provide audit support by reviewing financialdocuments, contracts, and entries.

Assist in the preparation of audit schedules,ensuring compliance with accounting standards.

Control & ProcessImprovement:

Test and evaluate internal controls, identifyinggaps and suggesting improvements.

Work on process enhancements, includingautomation and system upgrades for financial reporting.

Collaborate with system development teams toensure timely and accurate reporting.

Team Coordination &Reporting:

Collaborate with various teams, includingaccounts payable, receivable, tax, and operations for smooth financialoperations.

Coordinate with offshore teams and onsiteoffices for intercompany transactions and reconciliations.

Ensure the timely closure of general ledgers andsubsidiary reporting.

Key Skills:

Minimum of 1-3 years of experience in financeand accounting roles, with a strong focus on financial reporting, audit, andreconciliation.

General Ledger Management, Variance Analysis,and Financial Reporting

Tax Compliance & Deduction Management

Strong analytical and problem-solving skills

Familiarity with IFRS, US GAAP, and internalcontrol frameworks

Effective communication and stakeholdermanagement skills

Strong attention to detail and a high level ofaccuracy.

Ability to work independently and as part of ateam.

Proactive and solution-oriented mindset.

Excellent time management and organizationalskills.