General Accounting Manager (Month End Specialist)

General Accounting Manager (Month End Specialist)

Accounting - Balewadi, Pune (Hybrid)

Role Purpose:

Key Responsibilities:

General Ledger Management:

• Oversee the general ledger accounting process, including month-end close activities, journal entry preparation, account reconciliations, and financial statement preparation.
• Ensure accuracy, completeness, and timeliness of general ledger transactions and balances across multiple entities and business units.

Multi-Currency Accounting:

• Manage general ledger accounting in multiple currencies, including foreign currency translation, revaluation, and consolidation of financial results.
• Monitor exchange rate fluctuations and assess their impact on financial statements, ensuring compliance with accounting standards and regulatory requirements.

Oracle Fusion or EBS Expertise:

• Serve as the subject matter expert for Oracle Fusion or E-Business Suite (EBS) financial modules, providing guidance and support to finance team members on system functionalities, processes, and best practices.
• Lead system implementations, upgrades, and enhancements related to general ledger and financial reporting modules.

Financial Reporting:

• Prepare and review monthly, quarterly, and annual financial statements in accordance with GAAP and/or IFRS, ensuring accuracy, consistency, and compliance with regulatory requirements.
• Provide analysis and insights on financial results, variances, and trends to senior management and stakeholders.

Internal Controls:

• Develop and maintain effective internal controls over general ledger accounting processes to ensure data integrity, accuracy, and compliance with company policies and procedures.
• Coordinate with internal and external auditors to support audits and address findings related to general ledger activities.

Process Improvement:

• Identify opportunities to streamline and improve general ledger processes, systems, and controls, leveraging automation, technology solutions, and best practices to increase efficiency and effectiveness.
• Implement process improvements and standardization initiatives to enhance the quality and reliability of financial reporting.

Team Leadership:

• Provide leadership, guidance, and mentorship to the general accounting team, fostering a culture of accountability, continuous learning, and professional development.
• Set performance goals and expectations, conduct performance evaluations, and provide feedback to team members to support their growth and success.

Individual Profile

• Bachelor's degree in accounting, finance, or related field preferred.
• Good experience in accounts payable or related accounting roll
• Proficiency in using Oracle Fusion or similar ERP systems for invoice processing.
• Strong attention to detail and accuracy in data entry and analysis.
• Excellent organizational and time management skills to prioritize tasks and meet deadlines.
• Effective communication skills to interact with vendors and internal stakeholders.
• Ability to work independently and as part of a team in a fast-paced environment.
• Knowledge of accounting principles and practices, including GAAP.
• Experience with Microsoft Excel and other Office applications.
• Problem-solving skills to identify issues and propose solutions.