Financial Analyst

Position: Financial Reporting Analyst Work Location: Mysore, Karnataka (India) Experience: Minimum 4 years experience in Management Reporting and Consolidation. Education: CA (Inter), MBA / M.Com., Summary of Key Skills and Areas of Focus: This role requires strong coordination between teams in India and the US, as well as attention to detail in financial reporting, auditing, and compliance activities. Financial Reporting and Analysis: working level understanding of Ind AS and experience with preparing financial statements. Past experience of US accounting is preferred CA firm experience with Statutory audit experience is preferred Good command over English Good verbal and written communication Key Responsibilities: Reporting of Ind AS Financial Statements: Preparation and reporting of both standalone and consolidated Ind AS financial statements for the Indian corporate entity, including those related to the US subsidiary. Coordination and Reporting with the US Subsidiary: Collaborating with the Director of Finance and the finance team of the US subsidiary to publish monthly financial reports and analysis. Consolidating the trial balance of the US subsidiary with the corporate books of accounts in India. Audit Coordination: Liaising with statutory auditors to ensure the closure of the audit for the US subsidiary and corporate office. Asset and Liability Management: Reviewing and reporting on the aging of inventory, receivables, and other current assets, ensuring that adequate provisions are made in the financial statements. Ensuring periodic physical verification of inventory and fixed assets through local consulting firms. Loan and Finance Monitoring: Tracking the repayment of term loans, finance costs, and bank charges for both the US subsidiary and the corporate office in the US. Statutory Filings: Coordinating with local consultants to ensure that periodical statutory filings are completed for the corporate entity in the US. Payroll and Executive Spending Review: Reviewing the payroll for US corporate executives and reporting on it monthly. Monitoring and reviewing the monthly spending of US corporate executives, including credit card expenses related to travel, sales promotions, and other business activities.