AM/Sr.Exec | F&A Operate: Record to Report | Bengaluru Eco space | Finance Transformation (Bengaluru Eco space, IN) na Deloitte US | Together Makes Progress

Job Description:

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:

1. Intercompany Activities:

• Oversee and manage intercompany transactions, ensuring proper elimination and reconciliation in line with accounting policies.
• Coordinate with relevant teams to ensure accuracy of intercompany balances and resolve discrepancies.

1. Accounting & Reporting:

• Perform Financial statement consolidation, Prepare Statutory Financial Statements & External Reporting, Respond to queries on subsidiary financial statements.
• Assist in the month-end and year-end closing processes to ensure financial reports are completed on time.

1. GL Period End Activities:

• Lead and perform general ledger (GL) period-end close activities, ensuring the accuracy of financial transactions and proper recording in the GL system.
• Prepare journal entries and account reconciliations as required for period-end activities.

1. Bank Reconciliation and BS Account Reconciliation:

• Review/Perform monthly bank reconciliations and ensure timely resolution of discrepancies between the company’s bank accounts and financial records.
• Review/Perform BS Account reconciliations.

1. Financial Reporting:

• Generate and analyze financial reports to provide key insights into the company’s financial health.
• Ensure the completeness, accuracy, and consistency of all financial reports.

1. Joint Venture Reporting:

• Ensure compliance with the company’s policies and accounting standards in Joint Venture reporting.
• Accounting for Investments in Associates & Joint Ventures

1. BU Support:

• Provide accounting support to business units (BUs) to ensure their financial transactions are recorded accurately and in a timely manner.
• Collaborate with BUs to improve processes, resolve issues, and enhance financial understanding.

1. Payroll Accounting:

• Oversee the accounting and reporting of payroll transactions, ensuring that payroll costs are accurately recorded in the GL.
• Work closely with the HR/Payroll team to resolve any discrepancies related to payroll.

1. Treasury Accounting:

• Handle treasury accounting activities, Reconcile Treasury Reval system and ensure reconciles with accounting system.
• Ensure proper documentation and reporting for all treasury-related transactions.

1. Fixed Asset Accounting:

• Oversee the accounting and reporting for fixed assets, including asset acquisitions, disposals, and depreciation calculations.
• 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:

• Bachelor’s degree in Accounting, Finance.
• 12-16 years of proven experience in financial accounting, reporting, and analysis.
• Strong understanding of accounting principles, financial reporting, and internal controls.
• Proficiency in accounting software and Microsoft Excel (experience with ERP systems is a plus).
• Strong analytical skills with attention to detail and accuracy.
• Excellent communication and interpersonal skills to collaborate effectively with internal teams.
• Ability to manage multiple tasks and meet deadlines in a fast-paced environment.

Skills & Attributes:

• Strong problem-solving and analytical abilities.
• Ability to work independently and as part of a team.
• High level of integrity and professionalism.
• Strong organizational and time-management skills.
• Proactive and adaptable to changing business needs.