Finance And Accounts Executive

Job Description

Job Summary: The incumbent will be responsible for a broad spectrum of finance and accounting operations including month-end and quarter-end closing, statutory compliance, audit coordination, inter-company reconciliations, treasury accounting, and financial reporting. The role demands strong technical proficiency in accounting standards, attention to detail, and effective cross-functional coordination to ensure timely and accurate financial reporting. Key Responsibilities: 1. Period-End Closing & Reporting: Prepare and upload templates (ICO, Trial Balance, FARS, RPT, Loan, Cash & Bank, Tax) into FCCS. Execute quarter-end financial closures including finalization of entries, reconciliations, and report generation. Update Schedule A & B for tax reporting in Singapore entities. Prepare and submit BS, PL review templates and variance analysis. 2. Inter-Company Transactions & Reconciliations: Perform quarterly reconciliations of inter-company balances. Account for foreign exchange fluctuations (ERF) on ICO loans and bank balances. Maintain and update cross charge trackers for cost allocation across business segments. Ensure accurate recording of related party transactions and compliance reporting. 3. Fixed Assets & Depreciation: Run monthly depreciation cycles (WelCorp) and post depreciation entry for Cygnus. Update and reconcile Fixed Asset Register (FARS). Account for rent equalization adjustments as per IND AS. 4. Accounting Operations: Process accounting for loans, interest accruals (ICO, FD, NCD, WCDL), salaries, gratuity, royalty, CSR expenses, prepaid expenses, etc. Review and reverse CJE entries as required. Prepare provisions for tax, gratuity, and expenses based on trackers from relevant stakeholders. 5. Treasury Operations: Daily, monthly, and quarterly accounting entries for instruments such as Mutual Funds, OIS, GSec, NCDs, Forex, PMS, AIF, MLD, PTC, CCIRS. Reconcile investment tracker data with bank statements and ensure correct posting. Accrue interest on deposits and investments as per schedules. 6. Purchase Orders & Vendor Management: Initiate POs and GRNs through Newgen system based on SPOC requests. Ensure tax compliance and approval workflows are adhered to. Follow-up and resolve vendor advance issues and clear open items. 7. Audit & Compliance: Coordinate with auditors (India, Singapore, Cyprus) to provide required documentation, reconciliations, and justifications. Map GL codes between SAP and FCCS and initiate mapping requests for discrepancies. Handle audit fee processing and support payments. 8. Taxation Support: Support TDS remittance and tax provision accounting. Provide quarterly estimates of income and expenses for advance tax purposes. Record interest on UTP and support tax team with required data. 9. Reporting & Documentation: Maintain accurate and timely reports for ageing (AR/AP/Inventory), loan tracking, and activity status (AFC). Reconcile GL and ICO on a periodic basis and take corrective actions on variances. Skills & Qualifications: CA-Inter / ICWA-Inter/ CMA / MBA (Finance) or equivalent. 13 years of relevant experience in financial accounting and reporting. Strong knowledge of IND AS and IFRS preferred. Experience in using ERP systems (SAP preferred) and financial consolidation tools (e.g., FCCS). Proficiency in MS Excel; experience with macros/VBA is a plus. Strong analytical, problem-solving, and communication skills. Key Competencies: Meticulous attention to detail Time management and ability to meet tight deadlines Ability to work independently and collaboratively High integrity and professionalism Proactive problem-solving approach