Senior Specialist - Accounting & Taxation

Roles & Responsibilities:

Journal Entry Processing:

• Prepare routine Journal Entries (JEs) requiring one-time approval.
• Post monthly Journal Entries in accordance with the accounting schedule.

Month-End Closing:

• Collate and process monthly accruals.
• Prepare and post Bad Debts Accruals.
• Manage Intercompany Billing processes, particularly for Office Cost Sharing.
• Conduct thorough review of closing data for accuracy and completeness.
• Ensure timely clearing of all posted transactions.
• Prepare Customs Bill of Entry annexures as required.
• Perform periodic inventory checks and reconciliation support.

Treasury Management:

• Perform monthly Bank Reconciliations.
• Process and track Foreign Intercompany inward and outward remittances.

Tax Support:

• Assist in the preparation of Income Tax provisions and coordinate Advance Tax payments.
• Provide necessary data and conduct reviews for GST/VAT filings.
• Scrutinize accounts for TDS (Tax Deducted at Source) and other related tax matters.

Audit Coordination & Support:

• Prepare Trial Balance and support the preparation of Financial Statements, including flux analysis.
• Compile necessary data and schedules for Tax Audit, Cost Audit, and Transfer Pricing engagements.
• Assist in identifying and implementing General Accepted Accounting Principles (GAAP) adjustments and preparing related reports (including footnotes).
• Coordinate with the team for statutory filings.
• Respond to queries and provide documentation for statutory and internal audits/certifications.
• Support Internal Audit procedures.
• Provide support for GST Audit requirements.
• Coordinate Indent Commission calculations and postings.
• Manage email correspondence related to finance operations effectively.
• Prepare and distribute the monthly closing schedule to relevant stakeholders clearly.
• Prepare and maintain Balance Sheet schedules accurately.
• Liaise proactively with Citi Bank regarding Import Remittances and Letter of Credit arrangements via email and phone.
• Attend internal meetings, catch-ups, and relevant training sessions, contributing effectively.

Other Duties:

• Process vendor payments accurately and timely.
• Review Vendor General Ledgers and Accrual General Ledgers for discrepancies.
• Perform GST E-invoice verification efficiently as required.

Interested candidates can share resume on nancy.bhatia@tmf-group.com