Job Description : Manager / SM-Financial Reporting
About us :
Founded by Amit Khatri & Gaurav Khatri in 2014, Noise is a tech-driven connected lifestyle brand that put the hottest gadgets / accessories in the hands of young Indian consumers with a vision that it can become an integral part of their life.
Noise has been Indias No.1 wearable watch brand for 3 consecutive years. We are also ranked No.3 globally in the same category and are proud recipients of the prestigious Economic Times Startup Awards 2022.
Noise boasts of Indias biggest sports icon - Virat Kohli, along with Neeraj Chopra, Tapsee Panu and others as its brand ambassadors.
With more than 15 million Wearable and gadget accessories sold till date, we are en route to becoming a global brand.
Having written a successful playbook for a profitable bootstrapped brand in a deeply funded ecosystem, Noise recently welcomed its first strategic investor, Bose Corporation, as part of a Series A round.
Your Will Bes :
1) General Ledger Management :
- Maintain and oversee the general ledger to ensure all financial transactions are accurately recorded.
- Review and reconcile general ledger accounts on a regular basis.
- Ensure compliance with accounting standards and company policies.
2) Inventory management
Establishing controls related to inventory, computation of cost, inventory valuation, provisions around inventory and maintaining hygiene for the same.3) Chart of Accounts Management :
Review and maintain the chart of accounts to ensure it meets the needs of the business.Implement changes to the chart of accounts as required to support new business initiatives and reporting requirements.4) Process management
Collaborate with cross-functional teams to identify and implement process improvementsImplementation of RCM across processes, ensuring monthly adherence to it and getting it audited on a periodic basis.5) Financial Reporting :
Prepare and review financial statements and reports for internal and external stakeholders.Ensure timely and accurate month-end, quarter-end, and year-end closing processes.Coordinate with external auditors (Big Four firms) to facilitate annual audits and ensure compliance with regulatory requirements.6) Audit Coordination :
Serve as the primary point of contact for external auditors.Prepare audit schedules and documentation to support the audit process.Address audit findings and implement corrective actions as necessary7) Communication and Stakeholder Management
Strong communication skills to interact effectively with internal stakeholders (e.g., senior management, department heads) and external parties (e.g., auditors, regulators, tax authorities) to convey financial information, discuss strategies, and address concerns.8) Continuous Learning and Adaptability :
Willingness to stay updated on emerging trends, technologies, and regulatory changes impacting the finance function in India, and the ability to adapt to evolving business environments and stakeholder expectations.The Ideal "Noisemaker" :
Should be a qualified Chartered AccountantExperience of 3-4 years (any of the Big 4 finance firms + Corporate Exposure) The person we are looking for will be assisting in the corporate finance role which involves all the following KRAs.Strong Knowledge of Indian Accounting Standards (Ind AS / IGAAP) : Familiarity with the regulatory framework and accounting principles governing financial reporting in India is crucial for compliance and accurate financial reporting.(ref : iimjobs.com)