Financial Accountant (Subsidiaries)

Experience Required:

About the Role

We are seeking a skilled Financial Accountant to manage and oversee financial accounting for our subsidiaries. The ideal candidate will have 3–6 years of relevant experience in general or financial accounting, preferably with exposure to intercompany transactions and consolidated reporting. This role ensures financial integrity, compliance, and supports leadership with accurate financial insights across subsidiary entities.

Key Responsibilities

• Financial Reporting & Reconciliation:

• Prepare, review, and consolidate monthly, quarterly, and annual financial statements for multiple subsidiaries in compliance with relevant accounting standards.
• Perform detailed balance sheet reconciliations and manage intercompany transactions (accounts payable and receivable) between subsidiaries and the parent company.
• Support month-end and year-end closing activities, ensuring timely and accurate journal entries.

• General Accounting:

• Maintain accurate financial records and ledgers for each subsidiary, including processing invoices, claims, payments, and accruals.
• Oversee bank, vendor, and major accounts reconciliations, including fixed asset accounting and maintaining fixed asset registers.
• Process payroll, manage expense claims and ensure compliance with statutory requirements.

• Compliance, Audit, and Tax:

• Ensure compliance with statutory regulations and company accounting policies for all subsidiary accounts.
• Prepare and support statutory audits, internal audits, and tax filings (GST, TDS, etc.), including compiling all relevant documentation and schedules.

• Analysis & Support:

• Conduct financial analysis, identify discrepancies or areas for improvement, and provide recommendations to management.
• Support budgeting, forecasting, and cost/revenue analysis for each subsidiary.
• Report key financial insights and risks to management, supporting decision-making and investment planning.

Required Skills & Qualifications

• Bachelor’s or Master’s degree in Commerce, Accounting, or related field.
• 3–6 years of experience in financial accounting, with responsibility for subsidiary or multi-entity accounting preferred.
• Strong understanding of accounting standards (e.g., IFRS/Ind-AS) and statutory compliance.
• Proficiency in accounting software (Tally, SAP, Oracle, or similar) and advanced MS Excel skills.
• Analytical mindset with attention to detail, time management, and organizational skills.
• Excellent communication abilities and stakeholder management.

Preferred Attributes

• Experience in a manufacturing or service environment with subsidiary accounting.
• Knowledge of Indian tax regulations (GST, TDS, etc.).
• Ability to work collaboratively within a multi-functional finance team.
• Experience assisting with external and internal audits.

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