Responsibilities
This is a Senior Accountant role within our International Accounting and Compliance organization and is located in Bangalore, India. This position will be part of our India Accounting & Compliance team supporting Intuit India entities U.S. GAAP accounting, Local GAAP Accounting & Tax compliance.
This position will require strong technical and leadership skills, the ability to effectively partner with team members around the world, execute and maintain accounting principles and company policies, strong change management skills, and ability to drive issues through to resolution and validation.
Accounting Responsibilities
- Own and drive the month and quarter-end USGAAP Close processes for a legal entity, proven experience in end-to-end legal entity ledger accounts close and finalization
- Lead local statutory audits including preparation of statutory financial statements in compliance with Ind-AS. Candidates will need work experience in Ind-AS / IFRS.
- Assess risks over accounts and areas of responsibility. Apply judgment to ensure that financial integrity of accounting entries, accruals, and account reconciliations are intact and operating effectively.
- Prepare journal entries and maintain account reconciliations consistent with GAAP and corporate accounting policies to ensure close timelines are met.
- Research and document company position on technical accounting issues, effectively communicate and present to business partners, prepare a course of action by various teams to collaborate and address risks / issues
- In partnership with Internal Controls team, ensure to maintain robust internal controls of subsidiaries and comply with company policy, leveraging experience with the organization's internal control framework to coordinate ICFR audits and resolve any audit issues.
- Support compliance and improve processes and internal controls in the area of responsibility, implementing simple workflows where needed
- Stay current on evolving Accounting Standards pronouncements and updates under prevailing regulatory bodies in the region
- Apply professional skepticism and an inquisitive approach to review and analyze general ledger, books of accounts and statutory financial statements for appropriateness and reasonableness of applied accounting principles
- Lead and coordinate with various internal stakeholders to timely completion of Internal, ICFR, Interim and Statutory Audits or any other audits from time to time
- Own the compliance activities in accounting, company secretarial, banking and related regulatory compliances. Work closely with the global CAO organization and cross-functional teams to ensure effective compliance with policies and procedures
Tax and Compliance Responsibilities
Preparation of tax calculations, estimates and reports accruals, advance tax computationsEnsure timely and accurate filing of all corporate tax & GST returns for Intuit India entitySupport Tax Team in managing India tax matters & regional initiativesSupporting in preparation of FIN-48, US Corp tax provision computation, support statutory, tax & GST audits of the entityLiaise with tax consultants in effective and on time filing of reply to various notices, orders of direct tax assessments.Preparation of information & co-ordination with external consultants for representation to Tax authorities and support tax litigation mattersPrepare current and deferred tax provision for US GAAP purposeSupporting India Team in internal tax advisory services and support on business operationsReviewing the checklist of statutory compliance under direct & indirect tax & ensure that compliance of the same are submitted on timeQualifications
Degree in Accountancy, with mandatory CA / CPA qualification and 4-6 years of post-qualification experience in accounting, book close process, direct and indirect tax compliances of a companyExperience in end-to-end legal entity level accounts finalization as per IFRS / Ind AS accounting standardsExcellent knowledge of tax accounting, withholding tax, regular tax compliance, transfer pricing, CbyC report, GST and other tax compliancesIn-depth understanding of Generally Accepted Accounting Principles (GAAP) and Ind-ASAnalytical thinker who can identify and implement effective processes improvementsExperience in general ledger accounting / review, month-end / year-end close process, statutory financial statements preparation in a public accounting or large public companyProficiency with accounting software and experience with a software system – preferably experience in Oracle R12Strong attention to detail, excellent analytical and multitasking skills, strong written and oral communication skillsTechnically strong with solid knowledge and experience in Direct and Indirect tax compliance including compliances related Intercompany transactionsMature, proactive, resourceful and takes initiative in responsibilities, independent worker who can deliver with minimal supervision