We are seeking a highly motivated and detail-oriented Financial Accounting and Reporting Specialist to join our dynamic finance team. This role will primarily focus on managing a variety of financial accounting activities, ensuring accurate and timely financial reporting, and providing essential support to business units. The ideal candidate will have a strong understanding of accounting principles, financial reporting, and the ability to work collaboratively with various internal stakeholders.
Key Responsibilities:
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Oversee and manage intercompany transactions, ensuring proper elimination and reconciliation in line with accounting policies.
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Coordinate with relevant teams to ensure accuracy of intercompany balances and resolve discrepancies.
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Accounting & Reporting:
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Perform Financial statement consolidation, Prepare Statutory Financial Statements & External Reporting, Respond to queries on subsidiary financial statements.
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Assist in the month-end and year-end closing processes to ensure financial reports are completed on time.
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GL Period End Activities:
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Lead and perform general ledger (GL) period-end close activities, ensuring the accuracy of financial transactions and proper recording in the GL system.
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Prepare journal entries and account reconciliations as required for period-end activities.
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Bank Reconciliation and BS Account Reconciliation:
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Review/Perform monthly bank reconciliations and ensure timely resolution of discrepancies between the company’s bank accounts and financial records.
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Review/Perform BS Account reconciliations.
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Financial Reporting:
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Generate and analyze financial reports to provide key insights into the company’s financial health.
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Ensure the completeness, accuracy, and consistency of all financial reports.
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Joint Venture Reporting:
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Ensure compliance with the company’s policies and accounting standards in Joint Venture reporting.
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Accounting for Investments in Associates & Joint Ventures
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Provide accounting support to business units (BUs) to ensure their financial transactions are recorded accurately and in a timely manner.
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Collaborate with BUs to improve processes, resolve issues, and enhance financial understanding.
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Payroll Accounting:
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Oversee the accounting and reporting of payroll transactions, ensuring that payroll costs are accurately recorded in the GL.
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Work closely with the HR/Payroll team to resolve any discrepancies related to payroll.
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Treasury Accounting:
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Handle treasury accounting activities, Reconcile Treasury Reval system and ensure reconciles with accounting system.
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Ensure proper documentation and reporting for all treasury-related transactions.
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Fixed Asset Accounting:
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Oversee the accounting and reporting for fixed assets, including asset acquisitions, disposals, and depreciation calculations.
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Ensure compliance with relevant accounting standards and company policies in fixed asset management.
11. Tax:
o Support Tax service teams to ensure compliance in Income tax accounting, GST accounting and SST accounting, creating tax provisions etc.
Qualifications:
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Bachelor’s degree in Accounting, Finance.
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12-16 years of proven experience in financial accounting, reporting, and analysis.
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Strong understanding of accounting principles, financial reporting, and internal controls.
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Proficiency in accounting software and Microsoft Excel (experience with ERP systems is a plus).
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Strong analytical skills with attention to detail and accuracy.
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Excellent communication and interpersonal skills to collaborate effectively with internal teams.
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Ability to manage multiple tasks and meet deadlines in a fast-paced environment.
Skills & Attributes:
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Strong problem-solving and analytical abilities.
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Ability to work independently and as part of a team.
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High level of integrity and professionalism.
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Strong organizational and time-management skills.
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Proactive and adaptable to changing business needs.
