Statutory Accountant

3 - 7 years

0 Lacs

Posted:1 day ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As a Statutory Accountant at Snowflake, you will play a crucial role in the Accounting and Finance Organization by preparing local GAAP financial statements for international entities (excluding US) and managing the audit process. Your responsibilities will include staying updated on accounting standards, reconciling US GAAP and local GAAP books, providing recommendations for process improvements, and collaborating with global accounting operations teams. You will also be involved in drafting financial statements, converting trial balances, coordinating with the tax team, preparing audit timetables, driving statutory filing processes, and engaging with various cross-functional business partners. Key Responsibilities: - Draft financial statements and notes in compliance with local GAAP and internal policies. - Convert US GAAP trial balances to local GAAP or IFRS trial balances. - Reconcile US GAAP and local GAAP account balances and explain GAAP differences. - Record entries in the local GAAP ERP accurately and timely. - Coordinate with the tax team for tax provision estimates. - Prepare audit timetables and collaborate with external auditors. - Communicate audit timelines to stakeholders and address audit queries. - Drive the statutory filing process with local statutory agencies. - Review book closure regularly to identify unusual items. - Collaborate with global accounting operations teams and cross-functional partners. - Create and update process documentation like Standard Operating Procedures (SOP). - Identify opportunities for accounting and process improvements. - Conduct research and impact analysis on accounting standards, income taxes, and compliance. - Prepare disclosure checklists and ensure compliance with all GAAP requirements. Qualifications: - Chartered Accountant / CPA / Post graduation specialization in accounting. - 3 - 6 years of accounting / finance ops experience. - Experience with a Big 4 accounting firm is desirable. - IFRS qualification / experience is a plus. - Working knowledge of Workday ERP would be advantageous. - Strong knowledge of Accounting Standards, IFRS, and audit methodologies. - Familiarity with month-end close process. - Excellent oral communication, analytical, and written skills. - Detail-oriented, organized, and proactive with a focus on continuous improvement. - Ability to work independently, collaborate effectively, and solve problems. - Deadline-driven with working knowledge of corporate taxes and transfer pricing. If you are a dynamic and proactive individual with a passion for accounting and finance, Snowflake offers a fast-paced environment where you can contribute to the company's growth while challenging conventional thinking and driving innovation. Join us in building a future together at Snowflake.,

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