Job TitleSr. Accountant
Should possess in depth knowledge of General Accounting and other related finance activitiesAs a part of pre-closing activities, has to ensure all the transactions jobs related to bank, AR & AP and other financials are properly accounted completely processed accurately in the systemHas to ensure all orders / projects are booked, and all checks have been followed to complete the revenue recognition processPerform reconciliations on monthly basis for all GL accounts and able to identify the variancesInvolved in processing Accruals required as per the policies and process followedBook reclass journal entries required to the relevant account codeBook fixed journal entries on monthly or bi-monthly basisBook journals for Provisions for Doubtful debts, and should also perform Loss making adjustments based on the financial reports every month endShould have hands on experience on the financial reports and take required action as a part of rectification entries, cost reclass etcPerform Forex revaluations as per the SLA’s every monthRun accounts receivable aging report and verify that total agrees with balance on trial balanceEnsure all inventory related transactions are processed, Stock integrity issues have been resolved, Closely involved in Stock calculation, take adequate steps to clear stock obsolete items.Check for any unposted and transactions for the month and take required actionKeep a close tab on accruals, Unbilled receivables etc and ensure those are cleared from the list on timely basisIdentify fixed assets additions and disposals during a period and take required actionAll ad hoc journal entries related to opex & capex to be considered as a part of closing activitiesEnsure all Tax / Vat related activities are completed on monthly basis, and also to perform transfer pricing activitiesAccountable for tracking and recording the costs of newly acquired fixed assetsRecord fixed assets by creating and supervising a system of procedures, forms, and controls including depreciation rate & useful life of assetsCheck all tag numbers have been coded to all fixed assets on timely basis as per the processInvolvement in updating the accounting policies related to fixed assets on timely basisMonitoring closely the disposals related to fixed assets and take required action involving management team on regular basisPost depreciation on monthly basis as per accounting guidelinesTrack the project’s cost in Fixed assets accounts and close out those assets account once the projects or milestones are achievedReview the fixed assets schedule and depreciation on monthly basisPerform reconciliations of Fixed Assets to GL on monthly basis and take required action for any variances / deviations observedClosely monitor the fixed assets accounting every month and work on reclass entries if neededShould be able to identify if the Purchase orders, costs are incorrectly coded to wrong account codes.Perform asset retirement obligation calculations for ARO applicable assetsPerform asset retirement obligation calculations for ARO applicable assetsOpening and closing of financial period once all the financial transactions & journals have been postedShould be involved in the post-closing activities like MIS Reporting, Perform Mass allocations, identify variances in GL accountsPerform all cash and bank transactions on daily basis as per the SLA’sPost all bank transactions manually or through automated tool (BCM)Monitor and reconcile bank accounts on timely basisPerform daily / Month end reconciliations and process required journal posting during month end closingPerform quality and control reviews of Cash and Bank accounting transactions getting processedWork closely with the treasury teams and monitor in flow and out flow of cash / bank transactions on timely basisDisclose the Cash flow statement to the management as a part of month end activitiesClosely monitor any unidentified transactions in the bank statement and take required action to clear such unidentified itemsPerform reconciliation of Bank to GL accounts on monthly basis and identify variances if anyMaintain the accounting procedures and policies as agreed while performing wire transfers, cheque payments etc.Ensure ageing of interim accounts like Payment in transit should be <30 daysSkillsetsAt least 6-8 years of experience in GL teams of a Shared services set-up preferablyPossess strong knowledge of GAAP, IFRS (Preferred to have)Conceptually sound in the financial activities & Accounting and General LedgerGood Analytical skillsGood verbal and written communication skillsAttention to detail approach with logical thinkingProactive approach and active involvement in driving process improvements, automations if anyDisplays the ability to multitask and handle multiple issues at the same time without stressShould be good team player as he / she will be aligned with within the team based on the business requirements particularly during month ends / quarter endsProficiency in MS Office - Word/ Excel/PPTGood to have knowledge on Blackline tool
