General Ledger Accountant

General Ledger Accountant - Bangalore

Purpose of the Job : Setting up and maintaining accounting records. Preparing and booking journal entries and account reconciliations that are accurate and compliant with company policies and applicable accounting principles

Location : Manyata Tech Park Bangalore

Primarily Roles & Responsibilities

Responsible for the accounting of one or more designated operating companies.

Ensuring accounting entries are posted in a timely manner so that account balances are properly stated

Taking ownership of the balance sheet accounts and performing analytical reviews of those accounts. Preparing and documenting month-end Balance Sheet Specifications (reconciliation, G / L account breakdown, supporting documentation)

Coordination and execution of the month end closing activities of the entities according to closing schedule and in line with both US GAAP and internal accounting guidelines and participating in month-end close in general by performing a variety of accounting tasks

Conducting quarterly balance sheet and P & L Fluctuation Analysis and monthly expense variance analysis

Preparing consolidation, inter-company transactions and reconciliations

Local GAAP to US GAAP reconciliations

Ensuring VAT and intrastat transactions are properly accounted for and recorded. Preparing monthly tax calculations & schedules. Responsible for local VAT and Intrastat filings according to legally required timelines

Producing financial statements and other reports and reviews for accuracy. Preparing accurate and timely financial reports for assigned business unit(s) or department(s) to support company accounting, reporting and forecasting cycles

Identifying country specific Legal & Statutory requirements (e.g. content, format, filing due dates, penalties) relating to tax and accounting and coordinating activities to comply with them

Compiling Statutory Accounts and Income Tax Returns (e.g. coordination completion of Statutory Accounts, preparing Financial Statements, Notes to the Financial Statements and Management Report, filing Financial Statements and Tax Returns to local authorities)

Informing management of progress and roadblocks; identifying actions required

Participating in and providing support to cross-functional teams. Conducting analyses as needed to support project objectives. Participates in other projects and assignments as needed to support the goals of the department and the company

Assisting in maintaining various accounting systems and processes in area of responsibility, creating and maintaining documentation on procedures while providing ongoing process improvement recommendations and development of automated systems

Ensure compliance with Company accounting policies and the application of generally acceptable accounting principles

Identifying internal risks and ensuring SOX compliance of the locations in the country / countries. Completing and maintaining process documentation

Solving practical problems and dealing with a variety of situations where limited procedures currently exist

Assisting with accounting matters within the department and with other departments

Assisting with external and internal audits and participating in tax audits in EMEA

Additional responsibilities as assigned

Skills, Knowledge, Abilities

Must have strong work ethics and be well organized and a self-starter

Detail oriented, professional attitude, reliable, organized and accurate

Possess strong organizational and time management skills

Strong problem solving skills, documentation skills, research and resolution skills, data analysis and multi-tasking skills

Thorough knowledge of general ledger systems and procedures, financial chart of accounts and corporate procedures

Ability to interact with all levels of external and internal organization in a professional manner

Ability to perform mathematical computations such as percentages, fractions, addition, subtraction, multiplication and division quickly and accurately – highly numeric

Knowledge of general accounting principles, (US GAAP & local & tax), activities and processes

Experience of Internal Controls (SOX)

Ability to balance multiple priorities and meet deadlines

Ability to cope with complexity

Drive to recommend and aid implementation of process improvement

Flexibility and adaptable to change

Ability to work both independently and as part of a team in a fast-paced and high volume environment with emphasis on accuracy and timeliness

Good communication (verbal and written) and problem-solving skills; great interpersonal skills and ability to work well with others

Good skills in Microsoft Word, Excel and Outlook

Education / Experience Requirements

CA, ICWA, CPA with experience of 8+ years in general ledger accounting, preferably within an international shared services environment.

Additionally, at least 2 years’ experience with SAP ERP accounting system.

Professional level of knowledge of modern accounting practices